The Options given to them 60k total out of the 60, 30k have expired in 2013. The remaining 30k, 15 of them were for the Right to buy cheap. the other 15k options, RA Cap is obligated to sell as January 2015 20 puts. Peter K made out like Bandit again. Soon after they liquidated most of their Holdings in ACHN; RA Capital bought 9.8% of Regulus. So RA starts pumping both companies on Friday January 2nd. That article is available for viewing on ACHN Headlines.
Suit yourself. Plenty of smart traders would be content to eke out a small gain. I know guys who trade for 10 to 20 cents multiple times each day. That's called Capital preservation and Reduce Risks.
he only thing i believe are 2 things, stock price
keeps going up and you are a liar.
We shall see as soon as Monday.
From 27.5 million shares collectively owned by RA and partner Blackwell back in last July 2014 to just a little over 6 million shares nowadays in not your ' Sold some ACHN to pay the FINE'.
To me there is ZERO Credibility and Corporate Governance is a big laughing Joke for this Company.
Longs are blind like Taupes if they don't ask themselves a lot of 'Why'.
Shorts are going to jump all over this stock. You can count me in big time.
Are you that Thick Rebel?. Those are new options given to replenish the Water Bucket so to speak. They can't exercised them yet for those were just granted last December vested 25% each Year but this time with an accelerate twist of 1 or 2% each month so they could sell Faster!LMAO.
Bunch of Crooks if you ask me.
Every publicly traded company set it up with full compliance to the SEC. The Rift I have with Management since last September went back to the CEO exercised all his options 250k of them while 3422 POC was on going. Soon after, an Analyst from Leerink came out with the article about the Adaptive Design put in place ( trial can use dose up to 700 mg ). There was No Denial /Rebuttal nor a straight answer from IR. Only stated this is a Phase I Adaptive Design. Never confirmed when I requested on several occasions and addressed the article put out by Leerink.
Magnam_pi on the other hand posted he contacted IR and was told many times the trial would not exceed the 500 mg dose of 3422. They knew back then the 300 to 500 mg of 3422 would not achieved the desired viral know-down so they gambled and pushed the dosage up to 700 mg hoping No Toxicity would show up. Therefore upon Press Released on December 22nd of 2014; all emphasis was directed to 3102+Solvadi and how stellar the results have shown so far. The News Dazzled Wall Street so on that very day the stock traded as high as 26/27 Pre-Market with 6.7 Million shares before it opened much lower.
This is too much of a coincidence this time around. 10b5-1 was not only set up fro company's officers to sell but they also have to right to exercise those options and buy them. Deshpande already have plenty free cash from his last option sale. If he thinks 3422 and his in house combo are that good or a not so distant talk about someone buying Achillion; he would have bought those Options and still shielded from Insiders Trading as set forward by the same Rule.
This Action would and at No Doubt undermine the Momentum of the stock and for those whom bought in the 16s last Friday would not be too Happy comes Monday and some of you Longs asked me why wouldn't I go Long the stock.
And why not?. Merck paid 3.85 billions for Idenix or 24.50 when IDIX closed at 7.23 on Friday before the announcement of the Buy out. You all made out like Bandits in High Sea.
BNH, you were a smart Long in Idenix recognizing none of the Officers sold their options and when they raised monies with 2 direct offerings to Baupost Group, you guys hanged Tuff on your shares. Tell the Bozo Rebel if the recent action by the CEO and CFO would not have an impact on stock price momentum!LOL.
The Longs who hate Shorts are the ones looking at a one way street. Vice versa for the Shorts.
There are two kind of Longs and Shorts. The Smart Longs and the Stupid Ones so goes the same for the Shorts!LOL.
Idenix's Officers never sold one single share as a Matter of Fact, Seth Klarman from Baupost Group bought million more shares around the 6s before Idenix was acquired by Merck.
The CEO doesn't care as he and his management received huge options again last December. They will keep setting up Rule 10b5 -1 so to shield them from any lawsuit. And all in the name of Incentives and Rule 10b5-1; they fatten up their wallets Legally. Their Action will kill the stock momentum. Come to think of it, I will short first thing early in the morning on Monday. This stock will flutter back down to the low 15 and if the IBB corrects the new buyers are going to look at the 14.
LOL, SideLurker Can't Win.
Management and the board of directors including the compensation committee can wine and dine to their leisure this week-end. Hey it's free at others expenses, so why not order a couple of Louis XIII Cognac to wash everything down. They laugh hard alright but Mr. A will say now that we raised another 50 millions for our coffer, we need to show our Faithful and 'Stupid' investors we are worth their Trust. Yup we will run as many trials as we can whether the FDA accepts our IND or Not(LOLX2 already). We will keep to impress the investing community by releasing more Data on our NS5A 3102 with Gilead Sovaldi. Mr. A would say 'don't worry guys, most will not pay attention to Gilead's drug we used because our SVRs will stun them and we will keep emphasize how good our NS5A truly is.' To close the Fine Speech; Mr. A would say' Hey guys and gals, we will monitor very carefully how we spent that Money. We will spend 25 to 30 millions each quarter and out of the 50 millions we got, let put aside another 15 millions for our Options and don't forget we need to invite some Analyst for our Private Dinner'.
Good Idea Mr.B concludes. We invited Jason K from Maxim last year and he raised our Target immediately to 22 with a Buy Rating. Maybe we will invite DoucheBank Analyst this time....Mr C chimes in and said 'Make sure we have a Nice Parting 'Gift' for the Analyst after our Intimate Dinner Again'.
I can guarantee the stock would not close above 16 next Monday. Will set another short sale ask @16.30 Sunday Night and see it get filled when the trading resumes.
CEO 100,000 shares given @3.02 exercised @ 15.
CFO 13.125 shares given @ 4 exercised @ 16.
1.2 Million Bucks Richer!LOL.
If you mean Achillion Pharma then you find info to why I am so Negative about management. 99% of the people invest in ACHN are hoping and praying for a Buyout. One week is Gilead, the other Monday would be Abbvie etc...while their NUC only completed a 14 day POC and needed to go to 700 mg dose to be effective for 3 out of 6 patients. There are a lot of twisting and Lying from what I see. So I would short the stock when they still pumping it.
Long Gilead since 88 and change. This is the Real Deal!
Buy and Hold
It computes alright when you add all those shares together. It's No Difference than going long then book a 30 cents profit. Major Difference the 3 day Rule won't apply for short transaction. The moment I cover the trades; the liquidity and Margin would go back up as nothing has happened except it shows a Positive Cash Flow.
I am tired of teaching the Tool of Trade as you would never understand it Binny Boy!LMAO
Jealousy hey my friend?. I thought you would be in South East Asia seeing your sweet heart now. The Monsoon Season should be Over by now.
I told you guys earlier about the IBB and Volume of 2 Million shares. One hour 15 minutes before 10:00AM PST and it has already passed the 2 Million Mark. Short @16.30 is Safe Now after the stock broke 2 major IntraDay Highs. IBB slows down then Intraday Low soon follows. That's how you short stock!LOL.
I will short another round if the stock could break the 3rd IntraDay High of 16.30