Wow, a long poster! We have such a drought here. We will win if we persist. I am investing more elsewhere now, but have 50,000 shares here that will pay me well one day. Here's to hope, and accomplishment!
fda_ I couldn't agree more, ever since the Videra purchase was announced, unless you were smart enough to sell the shares then and stand aside, you've either lost money, lost your cookies in the volatility, or had to average down to get your adjusted basis where it makes you feel better. DEPO is another specialty pharma stock, that was trading at par with HZNP before their merger announcement. It is now trading just under $16, and we're stuck at $12 and change. Our market cap is greatly expanded, but shareholders absorbed it and have not been rewarded YET. When it all catches up, we will ramp up quickly, but we may have months yet of this sideways action before we see it. I am barely profitable on my position year to date, was under water after the exclusion thing, until just recently. Our great quarterly earnings call has yet to be recognized by the market, is baked in, we got no upside from it. The market doesn't buy the assurances of TW and Co that they will replace lost sales of the PMB's. I will be selling some shares to pay taxes on my earlier gains, but 2014 has been a wash since March.
You were right in calling bs on Nasrat. he conducts his conference calls with great brevity of organized facts, skipping over earlier promises, disrespecting the intellect of investors. The sell off shows the disdain he inspires from the investors who were there believing in Elite.
My comments on the 'W pattern Friday' couldn't have been more wrong, as it was setting up to go much lower Monday. The volatility is exaggerated lately, shorts are working it hard. We had short volume of 15% today, 211,045 shares. I miss the HZNP of 2013 when we were trending, before the Vidara purchase was announced. Nine months it's been since you could buy, hold, and be 'comfortable' knowing you wouldn't get 'whip-sawed' if you added more shares. We may need to get two more quarters of sales under our belt to diffuse this, get the conviction of the market back on our side. Thoughts?
CAMBRIDGE, Mass., Dec. 1, 2014 (GLOBE NEWSWIRE) -- Idera Pharmaceuticals, Inc. (IDRA), a clinical-stage biopharmaceutical company developing nucleic acid therapeutics for cancers and rare diseases, announced that it has appointed Vincent J. Milano as Chief Executive Officer, effective today. Mr. Milano was also appointed to the Company's Board of Directors. Mr. Milano previously served as Chairman, President and Chief Executive Officer of ViroPharma Incorporated, where he led the building of an international organization with multiple products for the treatment of patients with rare diseases. Mr. Milano succeeds Sudhir Agrawal, D.Phil., who will continue to lead scientific research as President of Research and serve on Idera's Board of Directors.
"We're very pleased to have Vin join us as we advance the development of Idera's therapeutic candidates and drug discovery technologies," said Jim Geraghty, Chairman of the Board of Directors of Idera Pharmaceuticals. "Vin is an experienced biopharmaceutical executive with a proven track record of value creation, who led ViroPharma to become a widely admired company successfully delivering innovative treatments to patients with serious unmet medical needs."
Did you get your shares? Funny how the last minute it trades up to close at 1.66. I didn't see any shares trade at 1.65, but there it is, a close at 1.66.
I had an order in at 1.60 just after that order was filled, and it didn't fill, had to pay 1.62 for 3,000 shares. Very limited quantities being offered.
POZN had anticipated Sanofi to market their drug which is in for PDUFA on December 30th, yet SNY cancelled their partnership, citing delays in the approval, which was delayed due to manufacturing issues by CRL last May. This may be part of why MNKD is selling off today. I got out earlier this morning after I got zapped on this one in POZN. Still like MNKD, just standing aside for now.
I'm out as well, was a misplaced bet, took a bath on this one. Should have listened to Rfwelsh instead of Gordon Hoochie, then I could have sold around .32 instead of .28, .25, .22, .20. There doesn't seem to be a bottom in focus and it was my biggest tax loss. Good luck longs, hope you see a profit some day.
Today marks the first day of December. We all hold out hope, but the market isn't giving HZNP its due yet, we are trading around 12.50. POZN got their 'Yosprala' back from Sanofi, to start my day, their stock is down 17% at the moment, stripping out all of my profits and then some. Not a green start on the month, but hope springs eternal, Santa Claus is coming to town, he isn't likely to disappoint.
this stock should make us all wealthy if we can manage to hold it through the years. I am holding a generous position, like many of the posters here. Plan to keep adding this week.
Yeah but, the stock seems incapable of having more than a one day rally, we keep getting thrown for a loss on the second day. Shorts continue to keep a lid on it.
You won't get any sympathy here with your short thesis, nice try. Oil down has been a continuing theme this year, and since this one bottomed, it's been strong to the upside in spite of what OPEC or oil stocks are doing.
Two times the stock recovered after intra-day lows, closing still down but only .11. A "W" formation often demonstrates strength in a stock, when there is a recovery as there was today. You don't often see this in the intra-day so clearly, but if you look, it's about as clear as it could be. Next week should be good, hope everyone enjoyed their family gatherings and good home cookin' with a pause in our season to give thanks.
And that is only the beginning of profitability for IGXT who has differentiated itself by developing the Versafilm technology and building their own manufacturing plant so they can also make profits manufacturing for others, rather than sharing what they know to third party manufacturers. Horst will see this all the way through, he's determined and the right one to do it.
There have been 11 touches of 1.15 since mid-September, but only the one close for a day under it. We touched again Wednesday Nov 26th, but closed at 1.16. We won't stay here long, it's either up or down. Technicals don't give a clear picture, and we've just had the Quarterly call. With the Stifel HC Conference now behind us, what is there besides new script numbers to move the stock the balance of the year? The way these stocks move, the default pps move is down unless there is positive sentiment and expectation which seems to be lacking here. Who has something to say on this?