30 days???? Huh?? If he had a deal in 45 days why would he sell? To me it says you are pretty clueless. He can't buy or sell with insider information. If he knew he had a problem or was going to finance that has the same bearing. I think they are planning a 10 million share secondary which they have on the shelf and which he mentioned in the latest call.
What you want to see are Officers and Directors excercising options that are ready to expire and not selling the underlying shares. Directors cannot be short because they own options. Many of our directors and officers have highly priced options. They are pretty much very ignorant of market opinion as the stock is very low priced and none of them have opted to buy on the open market.
My big problem is the hype on Network Biology that initiated the company seems to be having trouble. The Sanofi giveback, he faiure of 111..Now all the attention is on MM 398 and I am not sure it ios going to be the big drug a lot here expect. I have heard off label use will be the savior, but I am not sure of that. Ulrich is gone and the Board is still as is. I would rather buy stock knowing they have parties interested in the initial programs. They want to take 121 alomng themselves they do not have enough money. You saw what Sanofi spent in the three years they were in the clinic. Hey, Mulroy could surprise and I hope he does for the owners, but I will sit this episode out.
Financing is coming ..111 failed and 398 is not going to be the drug you think...The origin of MACK was network biology...The an who made it is gone... They have yet to get that 121 partner...Good luck with this one. When the biotech bubbles bursts be careful...Mulroy is not one to trust IMO
You don't quit do you...You have little to say, no comments except everyone who likes the stock is wrong. You must be a lonely person.
Do you have any bonafides that gives you any credibility???
Baloney...they owe 40 million whixh they wouldlike to pay off and the Bater money is no certainty and Mulroy likes 2 years worth of runway...He also unloaded some stock last week. As sure sign a deal is coming. Stock is high.
Most doctors are not surgeons and obesity is not treated the same way by every doctor. My doc looks at me..6 feet 180 and says I wish all looked like you. But in 2001 I was 250. It will take time..maybe 6-8 months before they hear and suggest. Obese people really hate themselves to a point and that point is they do not want to gain any more weight. VBLOC.. Private insurers will cover 50% is my guess. The doc and the hospital are not that much. My knee scope was outpatient with the doc getting $900 and the hospital $1800... VBLOC is a no brainer...
Will make a lot of us very wealthy. If we had a good analyst on the stock it would be $15 a share.
Patience my friends. I still think some fund or funds is sitting on the stock.
It is over bought but if this gaps above the 200 day moving average tbe shorts are toast. My broker called today to borrow my stock and it is not in a margin account so I told them to get lost. At my broker is nt Scott Trade
The training classes is for all new surgeons. The retrain is done by surgeons who work for ETRM as consultants. The 8 centers will all be going by May 1 and some sooner. Once the Mayo gets cranked up we will see cash flow. This makes me less and less concerned about dilution. They may need a month or two but a line of crediti will do just fine.
When I bought AMGEN at $1.87 there was no message board and people said I was nuts. I still own it. Obesity is a very hard nut to crack on the remedy side and too many false starts have precipitated an anguish and a
" prove it " mentality. You are correct and what will make this explode is the doctors and patients that create results. It is all there and yu are correct. Just put your stock away and ignore the noise.