Well with this news out, just about everything is positive and favorable for PATH...if they stumble from here they must not be doing any business anymore !
When should I enter here again, high 15's or the current level..coz I have been following your purchase action and it seems correct all the time.well,this is for trading shares I mean...I do have my core position intact
Very true.moreover instead of daily gaining 1% and then correcting at the end of year, I would take a stagnant price that will sure shot raise 100% at the end of year !
This stock is purely for long term investment and not day trading so the day traders will find this stock sick coz they cannot play around with it...this is only for the serious investors and not for casino gamblers !
I am a long and never intend to sell the stock coz I don't have doubt in the technology and product am just frustrated by the managements action . I just have my own fears like any other investor coz I don't believe in blindly falling in love and marrying stocks.This is a forum to exchange views and not a PR board where only those who praise the management are allowed to write their views.Just like how you assumed that I sold my stocks I am not ready to assume that we are safe here with PATH.Thanks for your views though on the company,that was just what I come here for, to know what fellow investors feel.
I would definetly be worried if apple kept manufacturing iPhones and iPads without any cash or funding until 4 months before launch ! I would be doubtful about the quality of those products too !
We have here a small cap company that is going to run out of cash by end of 2013. Now how many months are we away from that ? This is not a pharma that has plenty of cash to run alone for next 5 years and have enough cash to fund the pipeline products.All we expect is information about the current status and what are the plans of launch Incase of a failed negotiation with a partner,what's the deal about the sneaking in of lease extension every now and then,what are their plans to deal with cash burn Incase of non agreement with a partner etc.
No one here wants a $20 stock price with NO information.Its been 5 months and all that the management comes up with is 'we cannot disclose anything about partner talks at the moment but we are set to launch in Q4'... Do they have a magic wand that will turn their fortunes overnight? And what's the deal with stock and compensation out of the blue when investors have NO clue how they are going to fund the Q4 as of now ? Comparing PATH with apple and IBM of 70's is funny.70's was when there were a handful of technology companies that were breaking through making a mark and very limited oppurtunities of finding a fund provider given the fact that there were only handful of companies that had established already as PC giants.But today the competition is stiff and every small pharma is well planned for a launch and finding a partner.If you are late you miss the train coz no one is going to wait for you to succeed.Ask those who build products in wall street,theyjane given 3 months from start to end to finance,develop and launch a product.Thats how quick and fast you have to be in order to be in competition or else you will be ousted hands down ! More so for a small pharma foresight and planning is very important especially with such a small market cap.
Well with no other information put forth by the management I am left to guess that the lease extension is part of the managements strategy to keep the costs low till they find a partner by Q4 which they are hopeful of achieving.Just a short term arrangement ..my 2 cents !
If you take a look at ALXA's conference calls prior to the partnership announcement recently, you can find out how detail oriented their CEO was. They had a very planned phase going into the partnership.The CEO discussed how they are planning to cut costs and reduce cash burn till finding a partner,what steps they plan on manufacturing,supply chain,production so on and so forth and what backup plans they have if they fail on getting a partner.I mean so transparent like how it should be.Now compare this with PATH management.Absolutely nothing about whose manufacturing zecuity at the moment,what is their plan on launch and/or backp strategy.Just NOTHING ! All we hear is lease extension and Q4 launch on track like a pre recorded message played by the CEO ! Will it all happen out of the blue in Q4 as Armado expects us to believe ? Clear lack of information for the shareholders and we are left to speculation ! How will the stock price climb ? And with all the confusion we then hear about voting for compensation plan which is the heights of frustration created by the management ! A clear case of disregard go information to shareholders !
Why Vegas ? Being invested here is no less thrilling than Vegas coz unless it happens you never know what's happening with your money ;) after this I will stop gambling and go look for safer areas of investment !
I think with all the big players involved in PATH, there is a lot of power and money struggle that's standing in the way and taking a lot of time ! Unless they all get their desires satisfied we shareholders have to play the waiting game !
Well we will all know whats in store of us in the June call...if we don't have any other information other than the usual 'we cannot give an update on partnership but are eager to find one before launch' then well I would take that as a straight lie !