"We estimate the market for the combination therapy will be a multi-billion business"
says it all. this is big and all the preliminary data shows it works. This is a no brainer.
You can say anything you want. But the bottom line is: this stock is going up.
You can fight the numbers all you want JR.. but the price is going up.
Perkin Elmer and USC will be conducting and paying for this research. ONCS is just supplying some equipment and gets first look at data.
not expensive at all. and may lead to other companies getting in line for enhanced immune system approaches.
bottom line: "they beat analysts expectations by 2 cents/share".
You can spin your s# anyway you want. the earnings trumps all.
I suggest you cover.
However, there is another release of data tomorrow around noon.
perhaps it will get a better reception on the street.
Can't do anything but hold at this point. I've averaged down by buying in the low 40s so I'm about even at this price.
Good luck to all (GLTA!)
word up mills; you can try to spin this anyway you want. "the street" (as much as I dislike them) posted that it was a beat.
You can rail against the wind as much as you want, but you better cover. The BDI is much higher this next quarter. you've had a good run. time to cover.
Perkin Elmer is trying to develop the biomarker tests. not ONCS. PE is paying for this and to save money they are going to get UCLA's grad students to do the work. They might even get a grant from the fed gov't for UCLA.
The bottom line is this country needs to have a dialogue. The citizens of the us need to let the police officers know that if they abuse their power there is going to be a pushback. I'm not condoning killing anyone, that's why i'm saying this. But the NYPD had been abusing it's power by pulling over minorities in an auto stop for no reason. Then, when out of the car they were told by the police to empty their pockets.
The laws in NYC were that if you did not display any pot, then you were ok. But the cops would force you to empty your pockets onto your car hood... then after making commit the crime, arrest you for it. This was clearly an abuse of power. Just like the time they killed that guy in jail by sticking a broom stick up his #$%$ in the jail. Yes, the cops did that....
The Police have to understand that there are consequences to their actions just like any citizen has consequences to their actions.
You can bet your bottom dollar that there is still a deep seated resentment over that "pot display" #$%$ that was going on for several years.
Once again, i'm not condoning killing anyone. And my suggestion that a dialogue take place is to prevent further misery.
People have to realize that when a cop decides to arrest you that means you MUSt surrender. You cannot resist. you have to trust the cop that once you're in handcuffs, you are safe from them.
If people can't trust the cops that they are safe once in handcuffs then the fertilizer will still hit the fan for everyone.
Look. I 've never seen anything of importance announced at one of these presentations. 99% are to convince investor firms to buy stock. SEC rules say that anything of material importance must be divulged within a certain time period. They won't hold trial results for a week to coincide with a conference/presentation. So calm yourselves. chill out. you guys are like your on a knife edge.
dammit. Is that what I'm supposed to do ??
How come I didn't get the memo?!? HEADS WILL ROLL !! I guarantee it.
Laughing my hubbies #$%$ off !!
(have a good day people !!)
What happened here is that ONCS reiterated the results from the early P 1 study. then in the next paragraph stated the overall results of the long term follow-up. and basically the only info here was the long term survival of the patients (2 years). Which, if you think about it, is pretty damn good when you consider this is not dose optimized.
So no great revelations here and I think the street was disappointed on that.
Wait till tomorrow.
go ahead, make my day:
make the chart for MFI. It's in the yahoo chart section. if you can't do that, the NASDAC site will have it.
THe money flow index tells you what the big boys are doing they are putting their money into ONCS.
I don't need to pump. just go and do your chart investigations. this is public info.
ok: so why is money flowing into this stock?
because the daily price fluctuation is tainted by someone who might sell 50 shares. but what you don't see is someone buying a large block at a limit order. and that is thousands of shares.
do your reseach. someone is buying large blocks and that is where the smart money is being moved around. If you believe that forarmy or anyother basher knows more? then roll the dice and make your move.
But do your own work. and good luck !!
"We are currently in advanced discussions with major oncology players and aim to reach an agreement by year-end."
ONCS is not a major oncology player.