Your concern for those long on Inovio is truly touching. Why do care so much about helping us poor ignorant investors? Thank you so very much for your thoughtful insight.
This law firm has sued just about every company on this planet. Dreamworks, Foster Wheeler, Carl Icahn, Zillow, Northwest Bio, Arden Group, STAAR Surgical, CenturyLink, etc. etc. Anyone can sue anybody at anytime for any reason. Release gave absolutely no details. They file against a company and distract them from doing what they do while knowing that eventually the company will say it's cheaper to settle than to fight. Ambulance chasers are everywhere. If the suit has merit then why not explain it?
Read the May 14, 2013 news release by Inovio regarding preclinical study of Ebola and Marburg viruses. Either you know that the information you are releasing is false and you don't care or you don't know your information is false because you have done almost zero research. Either way, you are one post everyone should avoid.
AF has a bachelor's degree in political science from Emory and sold real estate in San Francisco. How much more expertise can one hope for?
AF's analysis of Inovio reminds me more of someone reading Taro Cards and tea leaves. His latest article basically accuses Inovio of hiding data from 5 patients and thus skewing the results. He seems to fail to understand that the results of this Phase 2 will be peer reviewed. AF is certainly not a peer. He was a real estate agent in San Fran before deciding to become whatever he is now. I welcome cogent arguments against Inovio and their science but AF has an agenda. He truly seems to dislike Dr. Kim and Inovio. Why? I don't have a clue but he is far from being objective. BTW, if you had listened to AF regarding Gilead a few years ago you would have missed a dang good run. I didn't listen to him then and won't now. Even a blind squirrel finds a nut every once in a while, so AF may be correct in his analysis. But if he is it will be pure luck and nothing else.
There's a venom in his writing that seems to go far beyond his lack of faith in Inovio's science. Mr. AF seems to truly dislike Inovio and Dr. Kim and his accusations border on slander. His latest article accuses Inovio of purposely omitting data. For a man who's only claim to fame is selling real estate in San Fran, he surely is willing to opine on matters of science. I don't think he's correct since these results will certainly be peer reviewed and Mr. AF is definitely not a peer. I am glad I didn't listen to his rantings a year or so back on Gilead. Gilead has been very good to me even though I think the cost of Sovaldi is a tad extreme.
Fuerstein used to sell real estate in San Fran before he became a sell proclaimed expert in immunology. After his pathetic article on Inovio where he used tea leaves to arrive at his conclusions, I hear he's selling chastity belts somewhere out West. He claims that will cure the HPV problem.
I find it amazing that some folks posting here are obviously Tea Party Repubs. Why would a party that denies Global Climate Change, evolution, women's rights, the scientific method, and believes the Earth is flat give a hoot about Gilead. I would think they'd be out hunting down Big Foot or searching for UFO's at Area 51.
I think much of the consternation over Sovaldi's price is related to the fact that most people don't expect a serious disease to actually be cured. They are so use to disease being managed that a cure is beyond their imagination. Many drugs are more expensive than Sovaldi and Congress says nothing. Soliris by Alexion cost over $400000 per year and is not a cure. Elaprase is $375000 per surviving year and Naglazyme is $365000. Of course, these drugs aren't addressing a population anywhere near as large as HCV. I am disappointed that Gilead decided to cease their partnership with BMY on a combo that cured almost 100% in 4 weeks back in 2012. It looks as though this partnership is back on and I hope so.
AF predicted that Gilead would run into trouble in 2013 and "close in the red". I owned Gilead all year and it went from about $38 to upper $70's. AF has absolutely NO training in biology and/or pharmacology and/or virology, and/or any life science that is in his bio. He was in real estate before joining the Street. Even a blind squirrel finds a nut every now and then. He may be right about Inovio but I certainly would not make a decision based on his opinion only.
I see where Dr. Lee has declined an invitation to have dinner with AF. I would have gone and made it a very unpleasant evening. AF may be correct but coming to the conclusions that he does while reading only 'tea leaves' and parsing words is very, very unprofessional.
Adam F could be right but his accusations against the Inovio CEO are very serious. If AF is correct then Dr. Lee may be in trouble. If AF is wrong he may be in trouble. The First Amendment is not all encompassing. Anyway, we will know in short order. I hope the results are positive for the sake of the shareholders and people that might benefit.
The Germans just said that they don't think Sovaldi works well as brake fluid. That should send the stock down another couple of bucks.
I have never heard that Sovaldi was a cure for liver cancer. This is a new one but there will be more negative stories. Whether it's Express Scripts and their short-sighted and, based on their objectives as expressed on their web site, hypocritical views or whether it's some German doctors claiming that Sovaldi doesn't do something it never claimed to do, or whether it's Congressmen leaking information to the press to make it appear they are on the side of the little man, there will be stories to drive down the stock price. If you believe in the science and the sales estimates, stay long. If you don't then sell. But don't let stories like this change your investment goals or you will be trading all day long.