Wght, I like arry molecues but not their efficacy. Every product I see them hit has some huge potential but they seem to hit some bumps in the road. The anti inflammatory products look interesting and if those prove fruitful it could be a steal. The problem is no one is running after the asthma to take it to the clinical and the pain drug shows some good data but it shows QT prolongation which is usually the kiss of death for chronic drugs unless the doseage if off the charts. The oncology products are licensed everywhere and could be fruitful and 520 does look very interesting. Its such a dog and pony show pipeline its hard to tell to be honest it could get taken out easily for over a billion or so if the products progress but it could also be well over 10 billion if the molecues show efficacy and that is where they continue to be more bark than bite. They do have some very interesting platform science and think its worth nippling at and for a long term hold. If you are wanting a very interesting 3 dollar stock for a long term hold I would look at Kalobiotherapeutics. The asthma drug they have looks very interesting and heading into phase 3 next year. The EPHRIN anti body are probably going to be very good products and they are going to expand that to two more indications next year. Its early for them though and they are at 52 week low so it may be worth picking up a few hundred shares for a long term hold. Overall though Arry and KBIO are both small mid term buys and long long holds both about 18 months but Arry will some data coming very soon.
In March 2009, we entered into a license agreement with Amgen to expand our Precision Targeted Immunotherapy Platform by acquiring exclusive rights to CDX-301 and CD40 ligand (CD40L). CDX-301 and CD40L are immune modulating molecules that increase the numbers and activity of immune cells that control immune responses. We may be required to pay milestones of up to $1.3 million upon obtaining first approval for commercial sale in a first indication and royalty payments in the low-single digits on any net product sales to Amgen
The U.S. Trustee's Office on Friday targeted the auction procedures for OCZ Technology Group Inc.'s upcoming bankruptcy sale, saying they contain conditions that serve only to protect Toshiba Corp.'s $35 million stalking horse bid from rival suitors.
U.S. Trustee Roberta A. DeAngelis contended Toshiba should not receive a breakup fee and be repaid for expenses if another party trumps its offer because the tech giant would have bid for OCZ even without those provisions in place.
I do not know about a double or triple but it could settle into the 15 or so range. I did see some covering on Friday and it looked like covering and buying so you probably picked a good day. Options did not signal a bid or take out but hedge funds play with this stock once they let it get to its new range. I hope we saw the bottom around 10 25 on Friday. Only time will tell. LP was talking about a 30 to 35% growth for next year so that should put us on track for about a 50,000 bopd exit and what around 40 bopd on average sales, I do think these numbers on the exit will determine that June along with oil price naturally but KOG is pretty hedged. They usually hedge most of current production and let go new production.
Looks like it is filling a gap the next few months will be interesting any contract wins will keep it rising. Alot of the growth is in inheriant, it does bother me this is the 2 or 3rd spin off in a few years but ITT was a big company. I do like the new divisions and hope to use them both as an aerospace and other play in my portfolio. Strong company history though would be nice for some product wins and new diversity to keep things sparking.
I would suggest a letter and phone call to the US trustee and lets see what happens. There is so much corruption around this company and stock, even their first exposure they see ill reasoning in the way the current agreement stands. RS, OCZ, hedge funds, RP, OCZ Board, OCZ comments, Reports have done nothing but corrupt this whole experience for any investor.
Roberta DeAngelis Region 3
Office of The U. S. Trustee
I suggest anyone who has issues with the current bankruptcy filing for OCZ contact the Region 3 office of Roberta DeAngelis and discuss the issues with OCZ intent and previous actions. Roberta DeAngelis does have experience in bankruptcy misconduct.
No one sitting on that board did not know what was really going on, that is why we are where we are. They had to make it look okay in the real time they had nothing but corruption. Several of the board members profess honesty and integrity and capitalzing value out of small market cap companies. Looking back RS has orchestrated the fall without breaking a sweat for the real shareholders he is more concerned getting out of dodge instead of working for the shareholder. He showed that in his first interview, he never was for anybody but himself.
The money manager is still ruining OCZ, look how hard they worked this morning, lots of 25,000 100,000, 126,000 this company is so corrupt, these guys probaby want RP and RS under.
I doubt RS is probably running interference for everyone and the board. Why do you think they plucked him and then he ran to the SEC, I firmly believe all these guys knew what was going and covered it up. A buyout of less than 200 or 300 million dollars probably confirms all of this because there aint no true rumor about a 1.15 billion take over and then be bought out for 35 million a year later. Your either a #$%$ or paid someone to make up scenarios to cash out. RS is then runs and hires his old CFO from the other company and proclaims he knows how to handle such situations, you mean ones in which they were cheating everyone. The man has not even had the balls to really face the shareholders or investment community he show up for 15 minutes what maybe 3 or 4 times over the last year or so. What a loser. I noticed it in his voice and words over a year ago and I was stupid enough to believe all the hype about MSFT. If this thing goes for less than 200 million it was all lies to cover up the inventory stuffing of channels. Which pipster and I both figured that one out over a year ago. People rag him and he was either doing his job or just knew something we did not, I lean toward the first doing his job. I have lost a ton on this company.
Arrs up 6 dollars since this call
ADEP up 4 dollars
Veracyte great sleeper up 1 dollar
Mack up 1 dollar
If there is no offer of over 200 million this company is a total joke. Think about it how do you get a company with 700 employees and do what they did and get an offer for 35 million. Your either a #$%$ or a liar.
The only reason you play something like this if these guys already made their money before the price crash and have it stashed in some accounts else where or are just in it so deep they are desperate to just move on. This is not about shareholders or employees that is a lie they already backed down on the state they made about the employees to 80% keeping the jobs. It amazes me how neglectful this company really is. Anything less that 200 million means these guys are guilty of something. You do not sell a company less that 1.5 times sales and have all the so called patents even if you are in bankruptcy for what 10 million or 15 dollars when Wells Fargo gave them a 30 million dollar loan alone on the Sanrad or barefoot earlier in the year? Something makes no sense but lies and crooked people. why do not any employees come on here and stand up for this company or tell the truth?
Cry you have no idea what you are talking about OCZ is the most corrupt mis leading statement company I have ever seen. There are reason why they ripped people off over 300 million dollars, who knows how much of that was lavish administrative expenses. RP is the #$%$ and RS is just trying to get out of town with little evidence remaining.
You must have forgotten to look at the margins of this stock. Let me give you an idea of marketing the first two to market have the best chance to identify markets and set trends. Example Ford, GM others Claritin and Allegra, others could be Starbucks and maybe Green Mountain so this leads us to two Ebay and Amazon different but the same in some regards. These comanies have a chance to control consumer consumption that is a very rare feat.