Granted CL, but in a rambling way this is where I am going with this... Whether it happens in 1 year, 5 or 20, there is a chance that there could be another SARS or H1N1 that gets out to the general public and becomes an epidemic. Would COCP, in a crisis situation where they had only human testing because of an epidemic, be able to turn out some drugs quickly to fight a viral epidemic? Would they just be able to get a picture of the virus for others to use in the fight against a virus?
I am guessing that anything that they can do will have some large limitations but even though I have read a lot about this company I am still unsure what their true limitations are.
So, I know that COCP is a long way from creating a product, but a couple of hypothetical questions. First, I have thought that there is something different about this present Ebola outbreak. First, it is the largest in history, then even one doctor who was extremely careful with his protective gear got infected. Lastly, this snippet from a news article about an official who flew with Ebola, he was not showing symptoms when he left but was vomiting by the time they landed in Nigeria... People did not touch him, he was on a plane but when it happened they were 'pretty certain' that no one infected since this is not an airborne disease... From the article:"Nigeria appears to be making progress in containing the disease. The country has 12 confirmed cases of Ebola, all of which stem from direct contact with the Liberian-American man who flew to Nigeria late last month while ill. He infected several health workers before dying."
How did he infect 12 people if he didn't touch anyone? A couple, maybe, but 12 when they knew he had Ebola and took precautions?
Lastly, the two Americans who were infected and received the one experimental drug, they were both flown to Atlanta.
Here is the crazy idea that got into my head... Ebola has mutated and become much more contagious, maybe not airborne but in someway it has changed. Also, that the CDC flew the two Americans to Atlanta to not only treat them, but study them and how they reacted to the drug, but didn't want anyone to know that they did this.
The special airlift for the Americans from Africa to Atlanta were a hugely expensive thing, much more than typical I would guess because of the special precautions taken due to Ebola.
MY QUESTION: How long would it take COCP to develop and manufacture an anti-Ebola compound / drug IF all medical safeguards were removed?
From the earnings call: And on the PSA and testosterone, as I alluded to, we're moving on all fronts to bring this into clinical trials later part of this year, both the regulatory, our manufacturing validation and our closing out of development activities on the cassettes.
One quick question, 4K Score is great, it is on track, etc, etc but one popular word is testosterone. Low T is in advertising often. During the last conference call I really wanted to hear about when this and other urology tests would come out, but nothing was said. They did say that there was some short trial that had to take place ... But how short? When will this and other urology drugs be introduced? Burnaka, May I ask if you have any ideas?
True or not it has been said that once the NDA is approved, if it is, that the price of COCP could go up multiples of what the price is right now. How many? I certainly wouldn't know.
What I envision is this company having enough cash to last another 12-18 months, the NDA being approved then Dr Frost arranging some sort of private placement for more cash. Six years is a long time and right or wrong I view the changes in the company at the beginning of this year as just making a new company, Dr Frost made it happen and therefore he has a personal, not just monetary, interest in the company.
As I have stated before, I slowly am accumulating shares, this month I got 3,000 more. The idea is very interesting, I hope that it makes me / us cash.
Too funny, I was there, betting on the ponies... When I should have been selling my short-term options. ;-)
I am hoping OPK runs this week as well and into the Fall.
As for COCP, if it proves to be good why wouldn't OPK buy it.
Glad we pushed on the stops this morning, getting some of the overhead resistance out of the way.
A few days ago I went with 100 $10 calls at .05, cost me a little over $500 with the commission (wished I had purchased more now). It is really just a fun thing to do. I also did 50 of the September $10 calls. Maybe I will get lucky.
With Burnaka's post regarding the stock price (of course Burnaka is awaesome) action post earnings in the past, my response is that there are times and situations where it could vary much more. My previously stated gamble above is inexpensive and with several near term catalysts this stock could move one dollar easily. If I lose, then no biggy but hoping for a homerun.
Remember, this past April's move down in price was due to a negative revision of loss estimates. IMO Dr Frost got the bad news out of the way there, perhaps even overstated the negative. PLUS, this past week both he and his colleague exercised many options in what could be a move before a possible large increase in stock price (this was what I took from it).
Everything is a guess. I believe in this stock over the long-term but these short-term option gambles are just plain damn fun for me!
Bump for Burnaka bringing up a good point, if thigs were bad for this drug then they would not be able to expand it's uses.
Not sure where you get the idea that they don't know the results yet. They are announcing that they have the information and it will be coming within the three business day timeframe required.
Where do you get '15 days' to cover from? It is more like 20 or more.
Last I looked there were 48,000,000+ (since the last update) shares short and average shares traded of approximately 2.4 million per day.
You are probably correct, certainly are, except I think with the year of $8 basing, massive short position larger than even last year and the low volume recently, there be a chance to move above $10 at earnings. Likely, no, but chance enough for me to risk $500 on 100 $10 Calls for August, then some for September. Probably will lose it, but might get lucky.
I bought August 2014 calls at $10 and Septembers as well, I could be throwing money away, but I play 70% safe, 30% long shot. I love this recent stock price action!