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Astex Pharmaceuticals, Inc. Message Board

eurotyle 459 posts  |  Last Activity: Dec 8, 2014 10:04 PM Member since: Jun 30, 2004
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  • eurotyle eurotyle Dec 8, 2014 10:04 PM Flag

    Sounds like an 80's Apple commercial.

  • eurotyle eurotyle Dec 8, 2014 9:39 PM Flag

    How would you rate the results? I'm not an oncologist here.

    Sentiment: Buy

  • Reply to

    GERN Stock Question - Serious Question

    by eurotyle Dec 8, 2014 2:49 PM
    eurotyle eurotyle Dec 8, 2014 3:22 PM Flag

    Thank you, i wasn't precisely sure if broker or stock price specific.

    Sentiment: Hold

  • When does GERN become marginable, meaning able to allocate my GERN funds to purchase more shares or something else? Simply curious.

    To my understanding it might occur at $4.00 or possibly $5.00.

    Sentiment: Buy

  • Reply to

    ONCS CEO IS A POLITICAL SCIENCE MAJOR?????

    by candysamples123 Dec 8, 2014 11:01 AM
    eurotyle eurotyle Dec 8, 2014 11:17 AM Flag

    So does John Crowley, CEO of FOLD. Mind you FOLD is hitting new 52/wk high every week.

    Besides, he's already sold 2 successful start-ups, FOLD is already his 3rd success story.

    Sentiment: Hold

  • eurotyle eurotyle Dec 7, 2014 4:53 PM Flag

    Brother, Appreciate the explanation.

    I typically do not dabble much in OTC stocks, however I've been investing in biotechs for nearly a decade. ONCS hit my watch list sometime in late 2013 with one of the PR's related to possible melanoma treatment delivery methodology.

    What program do you use to determine the buy/sell long/short volume in any given day? Are their free choices online or is it a feature included with your broker's app/interface? My brother doesn't show details, at least not from my app (I haven't dabbled much on their regular site in years).

    The way you explained it, is an INSANE way to think about what occurs behind the scenes. I always was aware of the basics like shorting, hedger funds, etc, but I never imagined to the point of how big the problem was.

    Couldn't you simply implement a limit sale (obviously minimum 10 cents above current price) on OTC stocks as you can with NASD/NYSE? Couldn't longs simply tell your broker, do not sell my shares unless it reaches $5 with a one-calendar year time-frame? If longs did this, I assume like other exchanges, those shares couldn't be shorted or naked-shorted. Am I correct?

    I appreciate your detailed explanation, greatly appreciated in fact.

    Sentiment: Hold

  • Reply to

    An interesting thought...

    by every1justgetalong Dec 7, 2014 5:26 AM
    eurotyle eurotyle Dec 7, 2014 11:53 AM Flag

    I think the collaboration honestly has nothing to do with Merck but more so with Dr Daud and the clinics ability to purchase Keytruda from Merck.

    I think this is more of Dr. Daud and ONCS clinical team experimenting here. Maybe if the trial goes smooth, Merck might form a partnership, but you never know.

    This has nothing to do with Merck or they would've issued a PR for it.

    Sentiment: Hold

  • eurotyle eurotyle Dec 7, 2014 11:17 AM Flag

    You really believe that hedge funds or market-makers are going to have employees trolling message boards, not just here, but elsewhere posting bashing sentiment in order to steal cheap shares?

    I know this idea has always been tossed around, but is it really worth it to them? With short total short interest amounting to only $600,000-USD (or so), what't the actual point? Open and close positions the same day and go for a 5-7% gain? I honestly just do not understand the benefit with ONCS.

    If you take other biotechs such as GERN for instance, they have 30-40 million shares short. Obviously huge bets against them going bust due to a 10-15 year failure history. This amounts to over $100-$125 million worth of short interest against a $500/million market cap. That's understandable, as a short investment bet.

    But the question remains, why bother with ONCS with a mere $600,000 short bet? Clearly there cannot be too much to make except trading the swing trades. Unless I'm missing something.

    Your average starting hedge fund trade salary in large markets like NY, CA or IL is around $300,000-$450,000, annually. With such high salaries, why mess with the daily short spread interest of a company like ONCS.....Unless of course they are shaking the tree purposely to steal weak long cheap shares. With all the volume from shaking the tree since March 2014, they would have owned 100% of the shares already...unless they cycle, rinse and repeat (buy, sell (make money), drive it down, buy more cheap shares, sell (at a profit), they buy again. Doesn't this process get old and dated, eventually?

    I understand shorting, but shorting an OTC stock with a total short interest around $600,000....what's the point?

    Sentiment: Hold

  • eurotyle eurotyle Dec 7, 2014 11:17 AM Flag

    You really believe that hedge funds or market-makers are going to have employees trolling message boards, not just here, but elsewhere posting bashing sentiment in order to steal cheap shares?

    I know this idea has always been tossed around, but is it really worth it to them? With short total short interest amounting to only $600,000-USD (or so), what't the actual point? Open and close positions the same day and go for a 5-7% gain? I honestly just do not understand the benefit with ONCS.

    If you take other biotechs such as GERN for instance, they have 30-40 million shares short. Obviously huge bets against them going bust due to a 10-15 year failure history. This amounts to over $100-$125 million worth of short interest against a $500/million market cap. That's understandable, as a short investment bet.

    But the question remains, why bother with ONCS with a mere $600,000 short bet? Clearly there cannot be too much to make except trading the swing trades. Unless I'm missing something.

    Your average starting hedge fund trade salary in large markets like NY, CA or IL is around $300,000-$450,000, annually. With such high salaries, why mess with the daily short spread interest of a company like ONCS.....Unless of course they are shaking the tree purposely to steal weak long cheap shares. With all the volume from shaking the tree since March 2014, they would have owned 100% of the shares already...unless they cycle, rinse and repeat (buy, sell (make money), drive it down, buy more cheap shares, sell (at a profit), they buy again. Doesn't this process get old and dated, eventually?

    I understand shorting, but shorting an OTC stock with a total short interest around $600,000....what's the point?

    Sentiment: Hold

  • eurotyle eurotyle Dec 6, 2014 11:58 PM Flag

    I'm long and believe in Imetelstat, but all longs need a reality check.

    If Imetelstat fails, so does Geron.

    Let's try to make $4, then $5, then possibly $10. You folks calling for $100 or $300 are living in a dreamworld.

    Sentiment: Buy

  • eurotyle eurotyle Dec 6, 2014 9:46 PM Flag

    Would love to hear some honest and relevant insight from bashers and shorts here holding a negative $ (short) in ONCS. Just looking to here your sentiment on this ever-ongoing argument.

    Sentiment: Hold

  • eurotyle eurotyle Dec 6, 2014 9:44 PM Flag

    Honestly, any professional money manager will tell you, never short anything under $5, let alone under $1.00.

    Clearly if you do actually possess a short interest in ONCS, you have no investment management skill or education whatsoever. You're honestly playing with fire in case something "unreasonable" occurred and the share price rocketed 500-1000% over a mere couple of days (ie - ICPT, PBYI, etc). It happens over and over again, you just never know.

    If this ever occurred, you just threw your entire life savings, your children's or unborn children's savings and future grandchildren's future down the toilet.

    If ONCS went broke or bankrupt, us longs simply lost our investment. Most longs only allocate a certain % of total holdings to one stock and only invest what we are willing to lose. After all, the most we can lose is 100% of that holding. Shorts can lose thousands or tens-of-thousands of percent.

    Do you think your broker wont collect? HaHa....these guys will garnish, levy and have you in court every week, you wouldn't be even able to retain an actual job for a living. They are SEC/FIRNA backed and a silly bankruptcy judge will favor them over and over again.

    Sentiment: Hold

  • Perhaps it's only me, but it seems that we have a good 25-50 bashers here whom of which all claim that they are short, ONCS is going bankrupt, ONCS is a scam and EP is a dead technology (amongst other things).

    Seeing that there is about 1.2 million total shares short (amounting to 630,000 USD). An EXTREMELY miniscule amount compared to it's $128/million USD market cap.

    Let's assume the 25-50 of you represent about 25% of the total short interest (using a generous % number at that). The shorts on this board represent a total dollar amount of $157,500 (assuming 25% of $630,000).

    Now let's assume we have 25/hardcore shorts and bashers on this board. You guys only have an investment on average of about $6300-USD ($157,500 divided by the 25 of you). Okay someone might have $1000 short on ONCS and someone else might have $11,000(+/-) short, but seriously, not a big investment by any means.

    Either shorts here have nothing better to do, have barely any net worth at all, live with parents or got burned by ONCS appreciating last year that you might be bitter about the company because you lost money earlier in 2014.

    Whatever the case is, you guys rant all day, post 50+ times a day negatively and for what....your small $6000 investment (on average)?

    What's the point honestly? It seems rather meaningless to me. I have assets totaling more than the entire short interest combined (obviously my ONCS holding are a single-digit percent of it). You do not see me ranting positively or anything 100 times a day.

    Just throw in the towel and stop whining about your little investment, it's quite meaningless like 0.002% of total market share. It's useless.

    Sentiment: Hold

  • Why the emergency CC scheduled for Tuesday morning? Any guesses now? It's clearly not trial results as those hit at end of business day, Italy-time, mid-day for USA markets.

    Sentiment: Hold

  • eurotyle eurotyle Dec 3, 2014 11:59 PM Flag

    "continuation fee" means $35,000,000 now, first patient enrolled and at least $65,000,000 (or more) thereafter. The secondary payment could be a minimum of $65,000,000, not another $100,000,000.

    It could be $66,000,000 or $156,000,000....that we actually do not know.

    Stop factoring in $35m plus $100m....that's inaccurate.

    Sentiment: Strong Buy

  • Reply to

    The Deal

    by mruyog Nov 20, 2014 5:20 PM
    eurotyle eurotyle Nov 20, 2014 6:19 PM Flag

    Simply backtrack some research and Google the deal between Janssen and Courgar Biotechnology for Zytiga/Abiraterone....then JNJ acquired the company outright.

    CEO of Cougar is now the CEO of PUMA, see the pattern?

    PCYC, Cougar (Zytiga approval)....GERN

    JNJ knows what they are doing.

    This is easily a $1.0 to $2.0 billion mkt cap company right now trading just north of $500/mil.

    A steal by ANY means here....way undervalued.

    Sentiment: Buy

  • Reply to

    Out at 6.40 and shorting it now.

    by michaelangelo94 Nov 18, 2014 12:57 PM
    eurotyle eurotyle Nov 20, 2014 6:13 PM Flag

    Your down about 10% in less than a week.....I feel for you when this drifts slowly towards $8, $10 then $12+ next year. Never bet against their CEO, he's already sold two successful startups with approved drugs and has a movie about one of them.

  • Reply to

    Billy Joel -- Pressure

    by hbl1959 Nov 19, 2014 11:29 AM
    eurotyle eurotyle Nov 19, 2014 1:09 PM Flag

    Kenny Rogers - The Gambler (know when to hold em, know when to fold em, know when to walk away, know when to run).

    Shorts best bet would be covering and go long because the JNJ/Janssen deal is a gamechanger.

    Sentiment: Buy

  • Reply to

    Out at 6.40 and shorting it now.

    by michaelangelo94 Nov 18, 2014 12:57 PM
    eurotyle eurotyle Nov 18, 2014 4:06 PM Flag

    Positive trial and trial, indication after indication....what are you thinking?

    Sentiment: Hold

  • Reply to

    Out at 6.40 and shorting it now.

    by michaelangelo94 Nov 18, 2014 12:57 PM
    eurotyle eurotyle Nov 18, 2014 3:24 PM Flag

    This stock is headed to $8, good luck with the short.

    Sentiment: Hold

ASTX
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