Jim, I am out of here for awhile. I knew the Greeks would try something stupid so I sold out last week. Just didn't want to get blind folded over the weekend and I am glad I did. This market in general is heading lower as it is too top heavy. We can't break thru 18,300 so we need to drop down 5% or so and start a new. In doing so, OREX will test the 52 week low at $3.11 so it's not worth hanging around anymore. I have so new opportunities short term. Not bailing on OREX long term but my money is better suited in other things for the next 6 months or so. Hopefully EU comes through but wit this going on, I just don't see it anytime soon. Caio!
He wrote his first horrible quote and I think he has been infected with mad cow disease. Everyone should do themselves a favor and ignore him, her or it as there has been and will not be anything positive coming out of that mouth in the near future. If you want to keep reading lies and scare tactics, then keep feeding into it's ego ands watch it grow larger. He wants to be the one in the know, He is predicting a massive drop in the DOW down to 6200 because that's where some well known Bear has predicted out market to go. (How original of you ID). He is a short with bad advice and comments that will try and make you sell. He is just after your shares because he can not get enough for himself. Just turn him off and never respond to him. ID, this will be my last response to you as you are sick man. Get some help, you need it.
The market was going to tank regardless of what Greece did because it's too top heavy and needs a correction. We have been to 18,300 several times and could not break through so that was a signal weeks ago that it just needed a global event to use as an excuse to get below 17,500. The Dow futures are down 200 right now which takes us right there. It will be a quick drop at the open and a flat line day with a slight rally near the close. Once Greece excepts some sort of aid the market will turn around. By then all the markets that needed a sell off will have gotten them and new positions will be had. Yes OREX along with many other stocks will get knocked down to new lows (sub $4.40). It's just what needs to happen. The obesity market is not living up to the hype although the latest study shows obesity in the world is getting worse. You will need close to 5 years to make money with OREX. VVUS will be gone by then and to take their place will be Zafgen with a new type of therapy. OREX is dead money the rest of this year as the sales are flattening and their are no signs of sales in Europe. Time to move on to others and come back to this one in the near future.
Oh Henry, don't you think this line is getting old? You seem to use it on all the stocks you like to short? We've all known since approval that there was a warning due to the lack of testing for possible negative cardiovascular affects. They approved it anyway and it's the best selling drug out on the market right now. So what is your point?
Wow, is that all you have left? It's gotta be killing you how close to $5 we keep getting. One piece of good news and you will be done.
Does anyone see 250 Million shares? Hell let's double the shares and drop the price to a $1 and start all over. That will give them 200 billion to play with. Is that enough?
If you listened to the last fire session, they are looking to strike multiple types of deals. Some they will manufacture and go it alone, some they will hand off and partner and maybe at this point, just let go because of restrictions. Apparently each country in the EU has different requirements prior to manufacturing a new product. They are looking to lump certain countries together to maximize their profit but I agree, the months are ticking away.
Don't worry about the market cap. You guys just have more outstanding shares than we do which is why your cap is higher. As your market share drops, so will your PPS. Oh I forgot, YOU have a pipeline though. That pipeline is being jammed right up you know where. When Europe comes on line, you will be a real distant 2nd place. Orex should just buy VVUS outright with their next milestone payment check and be don with them.
Na, na, na, na; na, na, na, na; hey, hey, hey, GOODBYE!!!! One more time Na, na, na, na; na, na, na, na; hey, hey, hey. Okay that's enough. I think they get the point!
That's the headline we need to see to gain the market share required to separate ourselves as the true leader in the obesity space. It cuts out one competitor, allows for more growth of Contrave and places more downward pressure on ARNA. Sounds like a win-win to me? Come on OREX, just do it!
We need to get to and hold above $5 for a few days. The problem is next week's numbers will have another holiday which if this week's numbers are down, we could have a three week downturn which will not be good. Obviously VVUS and ARNA will also drop but we need to maintain momentum now that we are #1. Come on Takeda, stat advertising and get these script numbers up until Europe is finalized.
Their market share divided between ARNA and OREX would allow both of our PPS's to rise. I think Orex should buy VVUS and monopolize the market. Their market cap is nothing to buy out right now. Thoughts?