$60 is based on sales that are conservative as well. This does not even include their MRSA fighting new class of antibiotics !
Watch this monkey jumping all over once P2 readout comes out
You guys don't get it, do you ? Many of these shorts are 'johny come lately' who want to get in at lower prices..so all these tactics is to force the weak hands to sell.
FWIW, I have 20k order at 10 to grab tomorrow if it dips at all.
Sentiment: Strong Buy
Kitty, good to see you here. I echo your thought as well. Any refusal even if remote, would have been told to the company by now. We have to keep in mind that there was a govt shutdown which might have delayed review by FDA. I fully expect NDA acceptance by end of November give or take few days. The pps will cross $10 at minimum upon that PR.
Perceptive fund is not stupid to load their truck recently..
I have $35 PT short term. By 2014 end, $60. The HCV market potential even at %30 share is huge and ENTA has other MRSA fighting new class of anibiotics pipeline as well.
Choosing stock options is cheap on the part of IMUC management. And smacks of cronyism to say the least. Don't tell me they don't have cash to buy open market.
The lack of institutional interest (pathetic 13% still tells it all. The trial will fail
The votes are in and we have now 150 million shares in total potentially can be used for diluting further. There is no reason they could not have waited until PII results before this increase. This smacks of lack of confidence.
No wonder no insiders are buying and institutional holdings is still at paltry 13%..pathetic indeed
Sentiment: Strong Sell
Why else management voted to increase 50 million shares authorized ? They obviously want to give free options to all the insiders while screwing the retail investors.
Keep in mind that even this level at pathetic $2.55 cents is only possible due to retail investors. No institution is chipping in.
Have you heard of Investors Hub website ? Google it and look under ENTA message thread. There is a valuation model posted by DewDilligence (a great biotech savy investor).
to post spam messages..similar to hacker software..it will go away eventually. No anti-virus treatment exists