She said that on Fast Money after Gild earnings. She rattled off a couple areas where she said GILD will be looking to make a purchase.
"Today we reported total cash
resources of $76.6 million at the end of the fiscal 2016 first quarter. We expect
this gives us sufficient liquidity to fund our programs as described above through
at least 12 months from now. This is important because we have many important
milestones we expect to reach within this window"
Someone wants to make sure the stock has a cloud over it right away this morning. Amazing how many sellers remain in this stock
MM's drive the stock down and load up. No other explanation is even possible. News must be on the horizon.
The Gileads of the biotech world are waiting for the first company to blink on buying an RNAI company. When the first bid is made on ARWR, watch the battle that ensues. You can just feel this developing because these companies can't afford to miss this opportunity. Coming much sooner than later...
May get some important highlights of the presentation. This is a big one.
Longs don't want to discuss that. They worship KL and all he's done for them. Remember, everything KL does is for the shareholder......a 49ers suite, a private jet, jobs for his family and huge bonuses. He's all about the shareholder.
Be better if your competitor published lab results, rather than papers. Anyone can produce papers. How about producing results. You know, like ARWR does.
Some of the noise on the board needs to be cleared up. ARWR doesn't have a slew of serious competitors, which is why Gilead and others are looking at them so hard.
Make no mistake about it, those are shorts protecting that 6 area. There's not even a debate to be made about it. Never seen anything so obvious.
Amazing to watch. They just always sell enough shares to make sure the stock doesn't begin a run. Would be nice to see some big buyers step in and blow these shorts away, but it looks like they have control and nothing to worry about.
Notice longs never want to discuss this. Another KL promise that never happened. His faithful longs brush it under the carpet, just like he does.
This guy doesn't care about running a company. He cares about selling more stock. He'll probably offer more stock and dilution within a week or so.