You think they don't know about the rating? All they have to do is buy calls for October and then pound the short side the short side soon after the announcement as all the day/swing traders take profits to take any risk of the rating rallying the stock off for them.
I first bought into this stock a couple years ago at $7 but unfortunately I sold out and took the profit and took some time off from the market and didn't keep a core position. So I am not quite as new as you may think.
Congrats on your long entry and holding it up til now if that's in fact what you did.
Who you calling cup cake dumb #$%$? I am long and have been since October but just because I am cautiously optimistic you think I am short now?
I knew this stock was going to fall after investor day just from reading all the be the cheerleaders were talking on this board, and you were one of them. shorts this and shorts that, going to $40, not selling til triple digits...etc.
Then the stock falls 8 points off the high and the shorts have covered a paltry 500k shares. They could very well be wrong and I hope they are, but to not want to hear their argument is plain stupid.
Ever hear the saying, "keep your friends close and your enemies closer"?
You better be expecting a fight because short positions as large as the one in EXAS are not taken by amatures and you have no idea if they are under water or not, who's to say they weren't buying calls or leaps to hedge the whole way up?
What happens if it doesn't? What will you do if the share price drops to $20, then bounces to the $22 area on the announcement, and then begins to fall again?
If I was a large fund and was short this s stock that's exactly how I would try to push the stock price and it would force many of the longs to dump.
Well, I was only asking him if he expected an A or B rating from the USPSTF because he is on the sell side and I thought I saw him post that he expected a favorable rating but believed it was priced in.
As far as the 2 other tests mentioned, I was under the impression that those were going to be screening tests which would obviously bigger revenue streams than diagnostic tests and it does seem that the primary focus is more to the diagnostic side after watching the last presentation.
This is something I wish one of you would have asked about.
I couldn't care less weather or not the guy was at the shareholders meeting personally, he questions everything and I have learned a lot form both his questions and many of the more knowledgeable posters who reply to him.
Hey bio, I was also scratching my head wondering what happened to the Pan and esophageal tests and your right, they do suddenly not seem like screening tests but rather diagnostic tests, in fact, they seemed more like procedures to me.
Anyhow, I think I read that you expected CG to get an A or B rating from USPSTF, do you still feel that way?
Only part that bothered me was when they passed through the transverse colon and it put pressure on my liver, a little nauseating.
She actually made me bleed because my sigmoid colon was spastic and it was difficult for her to pass.
Defiantly agree, he would most likely get a positive from the Colonists and have to have the colonoscopy anyway.
I had mine done a couple yes ago at 40 with no sedation, watched the whole thing on the monitor, just had 1 small 1 mm polyp removed but pathology came back as an adenoma so now I need to go back every 5 yes.
The reason for not removing the 2 remaining polyps were because the colonoscopist said that they were too difficult for him to do, this was done by Kaiser, I am not sure what type of FIT test. They tattooed the 1 polyp so they could see it if they couldn't get it with the colonoscope tools and the other one was flat. My guess is that they would have resected it and that was the reason for the tattoo, probably some type of protocol.
The point to my post was, unless the test has the ability to recognize polyps, it's worthless as an early diagnostic test to me. Who wants to wait until they are in the early stages of colorectal cancer when they can get way out in front of that by dealing with the polyps before they ever get to that degree.
My mother had a FIT test 1 month before a colonoscopy that came back clean, during her colonoscopy they removed 2 of the 4 polyps they found and tattooed a 4 cm sessated polyp that they thought could be cancerous and left another 3 cm polyp that needed to be removed later by a more skilled surgeon.
She got fobt tests every year after about 55, she was 61 when she had the Colo done per my hounding her. I saw the pictures, she was very lucky she went to have the Colo done, that was about as close to being stage one as I think you can get and I was pretty worried for her until the pathology came back clean.
If she relied on the FIT test by itself she would have been dealing with stage 1 or 2 colon cancer and probably a colostomy bag instead of just a second colonoscopy by a specialist.
In the picture, 2 of the polyps were bleeding.
Waaaa, did I hurt your feelings? Nobody gives a damn about a 500 share order. Seriously, what made you feel the need to tell everyone about it?
Was that the same guy thought some of the directors didn't show up to some of the meetings? Ya, a few people were clueless and I wondered how or why they were there.
I wasn't there but listened to the transcript.
I didn't put much into his response, a lot can happen in 2 yes and it's impossible to give out 2 yr guidence.
Things will be much clearer after the task force rates cologuard, IMO things will ramp up in the 2 quarters after an A rating, and I think that's why they did the secondary now.
I think there will be an enormous push in marketing once they have the rating in their pocket.