Davy No one here is interested in hearing opinions that do not support their own, which of course is how you learn. Many will instead learn the lesson the hard way. Anyone that disagrees with them is automaticly labeled a short or working on behalf of some mystery fund that is trying to drive the price down. Once upon a time these boards had interesting chatter, both pro and con. Oh well, back to my MDVN holdings.
I imagine your a fan of X Files as well. Remember there are a number of factors that drive a stocks price. If you continue to fixate on the conspiracy theory you will loose. As for paid bashers and pumpers does anyone really believe they have any influence? Anyone following their advice gets what they deserve.
Lets see, created new ID in mid June and have over 600 postings, most of them only a sentence or two long. HMMMMM.
What is the significance of the nine million shares they gave themselves? Even at todays prices it's a tidy some. Its free money regardless of the direction of the stock.
MDVN market cap increased more today than the total market value of DNDN, even with their "hefty" increase today.
I suspect #1. ITMN set a high bar should there be a takeover of MDVN. Of course your #2 and #3 are also lurking in the background.
ITMN drug not even approved in US yet and projected it may one day have a billion in annual sales. Selling for over 8 times potential sales. Wow.
They will continue to run the company as though the debt does not exist, otherwise they would sink. As for continued openings that may be a reflection of people not wanting to take a job in a company with an uncertain future.
Hope your right but my guess is that approval is largely being assumed and is mostly priced in already. I would bet on something in the 8-10% increase area upon approval.
If you have knowledge everyone else does not have than buy buy buy. I took out a second mortgage on my house a few years ago to double down on a stock I was certain was under priced. It than went up nearly ten fold before being bought out. I put my money where my mouth is, have you? Crying its undervalued is meaningless, you should be selling your car and buying more shares if you truly believe this is a two billion dollar company. If not your just another of the starstruck longs here clinging to a dream. I repeat, I do not have that faith in this company and would not do it but you seem to think otherwise.
Think of the current price as a reflection of the combined wisdom of all investors. If people thought it was undervalued they would be buying and driving the price up. If you are confident its under priced, than take advantage of it. I am not suggesting anyone buy here but that is my basis for investing.
Market cap is currently 210 million, presumably the value the market as a whole has given it (yes I am aware of all the conspiracy theories). Can you think of any examples where companies have sold for ten times their recent market cap?
Note your two thumbs down for reporting facts that the longs don't like. They are truly clueless.
That would be a bit early to compile the results and release. Youll likely have to wait a couple of months. When trials are ended early because of great results you sometimes get a quick peak at results. Unless there is something miraculous I can't believe that will change the fortunes of the company.
If they say any more than what they released they run the risk of being accused by the inevitable money losers of misinformation. Their message was blunt, loud and clear.
Its funny that the cheerleaders consistently get many thumbs up while those who make a good argument for selling get an immediate thumbs done and are accused of being paid trashers. There are some truly loyal longs here which certainly befuddles me but the majority are clearly pumpers who are likely shorting the stock. I am mostly here to learn what in the world makes people think and act as they do when all the evidence points to the contrary. It certainly has been interesting.