Don't get me wrong, I own shares but, the movement is horrific. There is no support and will not be any significant announcments till Q3 cc. So why would anyone place dead money here for several months? Lets not sugar coat this. SZYM PPS has disappointed.
You must be kidding? They over promised on the opening of Moema and was about a half a year late so when it finally opened, it was a non-event for the pps and more of a relief. They've lost a lot of investor confidence of late and now needs to execute. There will be no game changer announcement. Perhaps more supply agreements but the only way the PPS will go up is if revenue goes up. Be prepared to hold this for at least 2 years.
no interest since the last cc. I think there will be little movement until the next cc. There won't be any ground breaking catalysts. They just need to increase nameplates. Only significant increase in revenue will help the PPS so most are just waiting on the sidelines. Possible runnup to the cc.
They bought shares at around 21.75??? at only about a 2.5% premium? Really? With today's price at around 19.45, they totally mis-timed and now their repurchase program has expired. Terrible execution
Not really. And Thank you. There's nothing wrong with making a profit and did very well with this company. I don't fall in love with a stock. My assessment is I can do better elsewhere. SLRC made a calculated mistake with their buybacks and lost money on it. Now with no buyback support, I think there is a risk that this may fall further or stay stagnant for a while. Good luck.
The market is siding with dcxavier's assessment. The PPS didn't move at all with the announcment. So the Street saw very little if any value.
CEO doesn't matter at this point, AZN is driving this. Upon approval will be a 150 M milestone. Thre will be some excitement towards September. I cannot see this just hanging around stagment since this will be NKTRs biggest approval since the Exubera flop.
King, while I sympathize with you that management has had missteps along the way and has miguided investors in the past, I think you are on the wrong side of history here. Commercial production has initiated and as long as they can scale further, the revenues will increase. This is no longer a start up with unproven technology. They are selling produt with repeat customers and are now part of a supply chain. I expect at least another 10% gain in PPS after the earnings cc and a short squeeze coming that could push the PPS another 10%.
Why the Bakken pipeline announcment benefits ETE rising 7% as opposed to ETP where the press release was for ETP? I know that ETE owns the partner but why do they benefit more?
For once I agree with this bonehead. The PPS will hit at least 14. IMHO it will hit between 16-18 prior to the PDUFA date. This will be the biggest event for NKTR in the last decade. I don't agree that it will be a good short since I expect AZN to buyout NKTR after approval before commercialization that may push the PPS to 25-30
The earnings call was the trigger. The exact same happened to MNKD about 1.5 months prior to approval and saw a 40% increase in PPS. NKTR also up big on a bearish day. Trend reversal . .
Held for several years, still made a good profit and was still up with the PPS. Their terrible execution of the buybacks and price movement of late makes me think that this will go lower and remain there for a while, meanwhile there are other better BDC options out there. Good luck
Well I say you have only about 2 weeks to get back in prior to the runnup to the PDUFA date in Sept. I agree, this stock has a very weak base. MNKD behaved the same way. Dropping after the Adcom, then a 40% runnup to PDUFA.
No real news till they announce commercial supplies in Q1 of next year, no numbers until Q2 and risk of slow uptake...remember exubera? So I think many investors see this as dead money for another 4 -5 months. Let's face it, MKND is a one hit wonder.
NO chance. The only possible way it can hit those levels is a buyout by AZN for about 5B market cap.
You have to start wondering if this level of incompetence spreads to their strategy and quality of their loans. Which is what the market is telling them now.