CEO buying 1.7 mi shares at $14.35 and again 14,000 at $14.50 and 32,000 at 14.50 just couple of days ago says it all . No CEO buys so heavily unless he is planning to make Billions of Dollar . I am also looking for $90.00 to $100.00 . Just added more at $13.90 . I also believe that PFE will buy this company . Pharmas have no choice but to buy biotech companies to address empty pipelines
Are you a reporter broadcasting news for this stock only ? Why don't you say you are a short seller panicking .
Yesterday short sellers were astonished for no one selling while market dropped 300 points and at last 3 minutes they dumped 750K to drop the stock and keep it there for what reason , well I say Stupidity .
Again , today they are selling to keep the stock from rising but we are . There is absolutely no seller in sight .
Would you Not feel Stupid if you sold while the CEO is buying shares even as high as $14.50 and even yesterday .
Then look at short sellers messages posted here . Pure Nonsense . All their actions + messages indicate nervousness
Nice , but to me the CEO is the best indicator for the future . The CEO has been buying shares constantly and even bought yesterday .
Yesterday we had no volume and it was mostly short sellers trying to drop the price .
The stock build a very good base around $14.00 with every day total volume of 2.5 mil shares .
Today in around 2 hours we have done 2 mil shares pushing the stock through $15.00 which short sellers tried extremely hard to block .
But with the CEO buying shares from right and left and as the price was rising as well and again buying 14,000
just last week paying $14.50 . You know when CEO pays $14.50 to buy shares, the stock is poised to go much, much higher
Look at the CEO buying Millions of shares + options even @ $14.50 price like 1.7 Mil Shares couple of days ago . Pay attention he bought 1.7 Million Shares and Not dollars . The alone is a very strong vote of confidence for this company and indication of Fantastic future .
Now check AH . Around 17,000 shares traded and all @ $14.67 but final trade was 100 shares @ $14.60
But when you check the time no trade was done for 2 hours except 100 shares at the last second @ 9:00 P.M.
Let me get this straight . @ 9:00 P.M. ? and only 100 shares
Of course we know that trade was pushed in by the short sellers so that any one checking the stock price via Yahoo sees that in AH the stock was down .07 cent .
It shows that short sellers are nervous and thus making stupid decisions . I would be more than nervous if I had shorted a stock heavily around $6.00 and stock had gone up to mid $14.00 and the CEO buying shares even at current prices and large sizes like 1.7 mil shares
My guess is some thing Big is in the process . These insiders , especially the CEO, are adding tremendous amount of shares even at these prices .
Reward must be very huge
Currently the float is around 237 mil shares . However, when you short a stock the number increases because the shares are borrowed and then sold . In this case 45 mil shares shorted which in reality increases the float to 282 mil shares . Of course these shares are borrowed and at one point they need to be returned to its owner .
Short sellers are afraid of stock moving over $15.00 and for that they will do any thing possible to prevent it .
That puts us in the best situations because shorts will have no choice but to short more and buy shares at higher price and sell it to the bid at lower price which means more losses for them .
Think about low volume and covering short position of 45 mil shares on float of only 220 mil shares
We are in Heaven
Well, 25,400 shares were traded and 25,150 shares were traded @ $14.67 and at last minute 250 shares were sold @ $14.50 by some one . Do I need to say Short sellers .
With volume dropping significantly and 40% of volume being due to short sellers buying shares on open market and selling them to the bid , there are not any sellers in sight which spell trouble for short sellers .
Yet, since stock was around $8.00 these Idiots have appeared on this board posting nonsense while the stock has gone up to $14.66 creating huge Losses for short seller . Can you imagine 45 Mil shares shorted and practically no shares are available .
Finally , how stupid can any one be to hang on to a short position while the CEO has been piling up on shares as recently as a week ago and at price of $ 14.35 I rest my case
Pfizer will eventually buy this company as they have already invested in it . Just like most pharma their pipeline is empty and their blockbusters going off patent .
Short sellers not only short, but they buy huge amount on open market and dump it to the bid .
Notice that every morning shorts dump 250K to send the stock down and get people to sell so that they can pick up shares .
The float is very thin and you can bet 35.0% to 40.0% of daily volume is due to short sellers buy shares and dumping them over and over .
No one is really selling and , in fact, would be stupid to sell when the CEO has bought another 10K @ $14.35
I will Not even be selling @ $30.00 . The stock has extreme potentials and would be worth at least $100.00 if not more . 3 drugs in Phase III and 2 in Phase II . Are you kidding me
Each drugs takes 10 years to get to Phase III
And I took advantage of the Idiot who sold 2 days ago and added @ $13.60 and what a gift that was .
I have bought @ $9.00 , $11.00 and $13.60 . I recently sold my IBM and took a loss and hopefully will make up that loss through this stock . Bought IBM based on Warren Buffet large purchase but it is a toss up if IBM can really pull it together as they are way behind in my opinion especially in the Clouds division as players are increasing and getting very fierce . Glad I sold it
The CEO has significant shares and yet he bought more @ $13.00 . I bought @ $9.00 , $11.00 and now added more at $13.60 yesterday .
The CEO is not just a CEO, he is also a very successful investor and a Billionaire , and a doctor . Add all these together and you are a fool not to follow him . No one knows this company better than he does .
He has billions in asset so he is not buying the stock for couple of points , rather he is buying to increase his assets in a meaningful way . He said in his remarks during the CC that shareholders will be rewarded significantly through stock appreciation .
Today stock refused to go down with a downgrade because smart money jumped in and bought and the rest refused to sell .
2015 will be an excellent year for us and it will get lot better in 2016 and on
First, no one knows this company better than the CEO who is also a doctor and has purchased substantial shares as recently as February . He is not buying for .50 cent or $1.00 gain . He is buying for substantial gains .
Second, excluding one time credit, the revenue actually increased very nicely . Wall Street actually likes revenue growth and rewards companies and punishes companies with great earning but declining revenue .
Amazon has been reporting losses but has been growing revenue and look at the stock . We want this company to reinvest in itself and continue expanding product lines and not report earning while pipeline is drying .
Short sellers are trapped in this stock in the worst way . With a low 220 mil shares float, 48 mil shares are shorted . Short sellers have been waiting for a bad Q , but with PFE investing in this company and revenue growth with $400 million dollars in cash together with very impressive pipeline they are doomed as this stock will keep going much higher . My guess is more shorting went on before earning and short sellers were slapped with the good Q
Bottom line : The CEO not only is heavily invested in this stock he also is investor worth Billions
That is why no one should trade stocks on headline earning release . Many stocks have traded and dropped lower or went higher on headline and then reversed course after investors were informed of the actual / adjusted true figure .
I think the company did a fine job in reporting on Friday so that some idiots don't rush and trade on headline
Most people on this board including the short sellers do not know that to bring a drug to the market cost the drug companies around $1.5 Billion dollars and 10 years . Currently most drug companies pipelines are empty and most of their drugs are coming off patent . That is why drug companies are buying biotech companies with drugs in Phase 1 which is not very promising but it takes 3 years just to get a drug to Phase one .
This company has drugs in Phase 2 and 3 . So the pipeline is very impressive and valuable and that is what the stock should be bought for the future and not next week . The value increases every day as demand for drugs in Phase 2 and , especially, Phase 3 in increasing . Look at deal with PFE . Do I need to say more .
Also wait for CC
Companies do Not disclose details very much on earning release . They save it for the CC . Lot of companies stocks that drop a little in AH on earning headline jump after the CC
The CEO has been constantly buying the stock and in fact he added shares few weeks ago around $13.50
He knows more about this company than any one of us otherwise he would not buy big chunks of the stock especially in just couple of weeks ago . He is a doctor himself and is very much involved.
So relax and enjoy the ride.
Also, I think the earning will be released closer to the close of After Hours trading which will create Hell for short sellers
Shorts are stubborn and do not admit being wrong that easily . All these nonsense about hedging is that "nonsense" . If you have 200 shares and short 100 shares to hedge , in reality you neutralized 100 shares unless you are a bond holder . Hedging is best done through puts or calls which make the best sense as your cost stay the same . I am waiting to see what short interest is tomorrow . I think it will be well over 50 Mil shares