Do you know what type of patent they were suing for in this case?
Really?? "curing Alzheimers and cancer?? That's not happening, but it is a different game over there. Much more interest in speculating on stocks that fit the "dreamy" idea of curing diseases. If only that was the goal. Biotech's get pumped and dumped with the best of them. They're just more popular, sexy, liquid trading mechanisms with a lot more money flying around.
They're likely shorting more knowing the history here and that things could take time to develop. March 31st is right around the corner too. if they get caught here, PPS could explode higher.
Yeah, well there was certainly a lot of frustration. many of us have been long this stock for almost a year. others probably longer. It's been painful.
buy as much as you can. You can't underestimate this news. We have been waiting for this for a very long time, and it seems like we can get AT & T settlement $$ next week as well on 10K. Followed by settlements with Vtech and Uniden. FINALLY, FINALLY!!!
I think this is the most significant piece of news here. This is less than 2 weeks away and what we need.
It's not 100% wrong, but to say it's the primary reason is 100% wrong. The rates are very high because the cases demand huge $$ and the incidence of neglect is very high. We have he 35th or so ranked health care system for quality in the world. That's not a result of high malpractice insurance rates, The high rates are a result of doctor outcomes.
The primary reason insurance for medical costs are so high is due to litigation."
This statement is 100% WRONG. It is a small part of the cost of health care. The primary reason for the large increases in health care costs have to do with hospital and doctor related charges/fraud in the system and the overall approach to treating (over-treating) people. Malpractice insurance is so high because doctors are so negligent. It works just like any other insurance. If you don't drive very well- tickets, accidents your insurance is going to be high.
I agree that they may have blown it here. I don't think Hayes has been honestly working toward licensing deals. There's no proof of it and furthermore, why wouldn't these large companies agree to a reasonable licensing deal? It's small change for them.
With regards to "losing 6 months times." this company is barely operational. They have no time to waste. Particularly when you are not negotiating in good faith and going for the home run.