MGM, if Ron addresses AF's comment now, then he is giving credence to what he said to the point that he feels the need to refute it. That will be worse in the future and here's why. If AF says something else and there is no conference forum to address it and Ron stays quiet, then the shorts will say "Ron's not refuting this statement, it must be true" or something to that affect.
Since when does a CEO ever care about what's being said by bloggers, especially AF? You actually think they would take time at a conference to even address that comment? Wow! CEO's do not worry about the share price. They run the company, oversee testing and try to bring products to market. If they do, the PPS will take care of itself.
If japan does approve this drug, we will find out at that time until then set a sell limit at $50 and wait for the news. The stock will do othing but go up and down like a yoyo until the news is released. Either day trade it up and down or just sit tight. Speculating is asuming and we all know what that does???
come on petey, i know you'll have something to say...you always do...let's hear it. Sign it with analstew so i know you still care about me.
Simply, until FDA approval next June, NCE does not need to be discussed. It's the next process AFTER approval and has no purpose being discussed until then. Just way too early.
Enough already!!! How many times do you need to repeat yourself. We all know by now that the Japan approval will be the next major mover for KERX. Why do you feel compelled to repeat yourself endlessly with this same statement. My God if I heard you say that once I heard it a freaking thousand times, we get it!
The blog writer is the smoke screen to cover their short actions. Kind of acts as a smoke screen or justifies the big move down. Hey a $2 move down x 100,000 is a lot of bucks. They do it in a few hours. It takes us a lifetime. Such as the life investing in biotechs.
He mentions 1 fact about another drug and applies the law of association to another firm. Does not go into anymore detail which is how he gets people to form their own opinion and hopefully cause confusion and panic selling. That's all he is trying to do. He probably gets $100 for every $0.50 drop in the stock price just to be the author of the statement which probably was prepared by someone else if the truth be known.
MGM, give the muppet his due! At least we know he is alive and well. Sure Adam doesn't care for AMRN either so this will surface as a possible negative. NCE overall does not mean that much when your product is a game changer like "Z". So we may possibly lose some exclusivity if it's not granted but I wouldn't sweat it right now. NCE can take 6 months to a year to grant at times which throws us into early to mid 2015 regardless. Who cares, Japan is the hot topic of the day. Either buy more today or hold and wait!
NCE if you don't know what it is stands for "New Chemical Entity". It's just another ruling done by the FDA after an approval. What it does is give the new drug some exclusivity in the market (protection from competition) which usually translates into a higher market cap since competition will be help off. Apparently getting NCE status is hard anyway but I'm not sure how this relates to KERX right now. We are close to 6 months away from approval and NCE review in some instances can take up to 6 months to a year to grant. Just take a look at . Their review was close to a year from approval. This is just a ploy to beat the PPS down and cut some losses from the recent run up in anticipation of the Japan approval.
The real question that should be asked here is why you care so much about AF opinions? They are self serving at best and should not even be considered as long as he works for The Street.
And that means what in your mind...We are going higher, we are going lower or you really don't know but heard it somewhere before and you thought it would be cool to pretend you know something? Which one is it??
once we topped the 52 week high. The MM just kept pushing the PPS up to the limit until all orders were filled and now they will walk it down below $14 again so the shorts can re-coupe a little too. It's all about letting both sides of the trade get a little each day. The shorts get a higher entry point and have more room to knock it down, if they are risk takers.
I'm definitely sure it won't! Gotta love when people go out on a limb with no basis behind their comment. It's so easy to shoot them down.
50 Million in sales for a wonder drug? Don't think so. Those numbers are real good for a bio-tech. People base success on a drug that's a blockbuster which is 1 Billion in sales per year not 50 million. You sound desperate to get a bump so you can either make up for a large loss somewhere else or pay off your girlfriend so she won't tell your wife about your secret affair. Which one is it. Relax about the PPS share already. When the market wants to take it higher it will. Not just because you think it's under valued.