NME was a 100% certainty Mark. Even the company always said they felt they would get NCE but worse case, NME was a given. So, it can be viewed as nothing less than a negartive. They got the "consolation prize". I don't view something that was a certainty finally coming as removal of an overhang. Had they been given NCE, that woudl be a removal of an overhang. Getting NME just shows you the sentiment the FDA hhas towards Amarin and Vascepa.
Thanks for the support bindroy. I honestly don't know what to make of the numbers. Only thing I can say with certainty is that scrips are NOT 7.000 for the weeks. We wish. Heck, Vascepa can't even get to 7,000! That's quite a position you have in this stock.
if you want to follow along his picks were NSPR (2.58), RTRX (8.03), SSH (10.35) BLRX (2.90), GERN (4.91), CTIC (2.02), ICO.V (.36), BIND (14.99), IPHYF (7.00) INFI (13.60). Amounts are stock prices at beg of contest. Biigest winners so far are RTRX, NSPR, CTIC and IPHYF.
Funny story on this. I bought 10 biostocks beg of January, more for fun than anything based on some guy on Silicon Investor website who has won their annual stock picking contest like 3 of the last 5 years. last year his return on his picks was over 100%. Figured what the heck. So bought his 10 picks (RTRX was one of them) and in 7 weeks the portfolio is up 36%! Not too shabby.
This stock has been unreal. I bought about 7 weeks ago at $8. Been a great run but I took profit today. Too much too fast. Might still have legs but in general I follow the "pigs get fat, hogs het slaughtered" school of investing. Good luck to all.
Again tkae this for what its worth as I mentioned given the nature of the product and timing of launch but Total Rx for the week is 7 compared to week of 2/7 which were 4,
I understand. I didn't mean broker as in the old fashion sense but you can still call Fidelity and ask them why your order was not filled when you put it in at the ask. It HAS to be filled
If you put in a buy order at the ask price and its not all or nothing, you have to get filled for the quantity available for sale at that price. if not somethng is wrong
They are very slow. Last year earnings was March 6th. Considering the business ois fairly simple, just some batch sales..doesn't seem like a complicated structure..one wouldn't think the audit woudl take so long.
Don't take this the wrong way but you do not seem to be at all familiar with buying stocks, even the basics. If the bid/ask on a stock is .92 X $1.02 and you put in a market order to buy, say 200 shares, you will pay $1.02 for the stock. I don't recall seeing any trades yesterday?