Just normal consolidation. If the drop in price was big, that might mean something, but after a big run, some consolidation is normal and healthy. The potential for a multi-bagger here is huge, so I wouldn't worry about the day to day. Buyers will continue to come in droves over the next few months.
Also, I think the market would have raged if a Republican had been in control the past two terms. I just like pointing out flawed thinking.
Obama does suck, but the argument that market rallies if Republicans win is absurd. The market has rallied hard the past five years with Democrats in control. The market tanked prior to that with Republicans in control. Frankly, I despise both Democrats and Republicans, but your logic is awful, and I find it humorous that so many investors hate Obama, despite the raging bull market. I mean, what more do you want?
The market is going to respond in the same direction that it would regardless of who wins in the elections tomorrow. Its moves aren't really aligned to political party these days. And if you think the market rallies hard on Republican wins--and it might--I can only assume that you think the last five years of this bull market must be because Democrats have had control, right? That's a rhetorical question, but proves my point: The market will move however it wants, regardless of what political party is in power.
Posts like these are why it's impossible to take you seriously. You really are living in la-la land, aren't you?
Jenn said she understood the reasons why the company would not give Austin the drug. Given that, don't see how you can call that unethical.
Especially if they end up going with the scheduled payment system that Leschly proposed. One-time upfront payment and yearly payments so long as they remain on the drug and it continues to work. CASH COW
I'm actually surprised we're green. I didn't think the FDA letter was all that positive. Sure, it mentioned filing an NDA, priority review, and AdComm, but I feel those things were mostly a given anyway. All one has to do to recognize that is look at RNA.
Agree about the patients and community. The FDA, however, should be impartial to whether or not a company goes under. Their entire focus should be 100% on the patient community. Also, SRPT is not in danger of going under.
That makes absolutely no sense. Do you even think before you post?
Can't believe what a delusional d!kk this guy is. Saying the mothers are "bullying" the FDA in order to get eteplirsen approved. Doubt he'd feel the same if he didn't have such a conflict of interest. The guy honestly seems mentally ill. Maybe a megalomaniac? Safe bet.
Gary, there is NO reason to believe that will happen unless the old guard is removed. The company's best hope is the parents. If anyone can get it done, it's them.