You have my words I won't be posting my buy and sell nor my sentiment. I would just mind my own daily business of trying to stay one step ahead and be positive cash flow at the end of each day.
Respect is a strong word. I am humbled and thank you for that. But I still call a spade a spade. Even people would misunderstand my point. For years and in all past messages from different boards as far back as the old old formats; I have always posted what I see.
Folks who ignore Technical Analysis, buy high, set stop loss. The Crooks with Licence to Steal will rob them blind.
Another form just filed by RA Capital to amend the first one. Form 4:
Explanation of Responses:
( 1) The securities sold include 186,841 shares for RA Capital Healthcare Fund, L.P. (the "Fund") and 39,359 shares for an account owned by Blackwell Partners, LLC (the "Blackwell Account").
( 2) The securities sold include 86,892 shares for the Fund and 18,304 shares for an account owned by the Blackwell Account.
( 3) The securities sold include 1,113,150 shares for the Fund and 234,489 shares for an account owned by the Blackwell Account.
( 4) The securities sold include 43,250 shares for the Fund and 9,111 shares for an account owned by the Blackwell Account.
( 5) The securities sold include 206,500 shares for the Fund and 43,500 shares for an account owned by the Blackwell Account.
( 6) The securities sold include 123,900 shares for the Fund and 26,100 shares for an account owned by the Blackwell Account.
( 7) The securities sold include 258,248 shares for the Fund and 54,439 shares for an account owned by the Blackwell Account.
( 8) The securities sold include 116,989 shares for the Fund.
( 9) The securities sold include 150,100 shares for the Fund.
( 10) Following the transactions set forth on Table I above, 12,225,810 shares are held by the Fund, and 3,313,845 shares are held in the Blackwell Account.
Between the 2, the Fund in general holds just a little over 15% of the Company stock.
In an earlier Filing it said 14,625,810 shares or 15% stake in the Company stock.
Hot Dang!!!. Shorts will jump all over this tomorrow.
2.5 bn is about right. Holder of 2 accounts. One I trade daily, the other core holding untouched. Most of the folks here see only one side of the coin, the bright and shiny side. I look at it both. I call it as I see it. In the same process has ruffled some feathers. Sometimes I am wondering why do I even bother with this board!!!!!
Did you get RA filing this afternoon and read it through?. Do not mislead others. As of this recent filing RA now owns only 14,625,810 shares or 15% stake in the Company stock.
RA sold close to another 4 million shares now hold 14,625,810 shares or 15% stake in the Company stock.
Next to file could be QVT. Said it yesterday. This will put more pressure to the stock tomorrow.
From the Company PR:
" We expect that Phase 1 proof-of-concept results with ACH-3422 will be reported during the fall of this year, which we anticipate will lead to the start of a Phase 2 combination program to evaluate our proprietary doublet regimen for an eight week, or potentially shorter, treatment regimen for HCV that will begin before the end of 2014."
Fall can be as early as the end of September. Need outstanding results or the stock would be pressured again because:
The PDUFA date for Gilead's Sovaldi+Ledipasvir regimen is 10/10/2014 follows by Abbvie/Enta's 3 DAAs regimen set for 12/21/2014 or earlier.
Don't you know the Shorts are using the same Tools I use every day. They know when 3422 POC would be available, they look at overbought versus Oversold, money flow. uptick versus downtick.
Difference is I don't want to short Biotech stocks as they have been good to me over these Years; especially Achillion. If you only know how much money I put into this. Nothing makes me Happier one day when we win Big in this.....so I don't have to grow more callouses on my #$%$ not counting my eyes/back hurt at the end of each day!. I need my nap now. No longer a young stud like most of you.
Resort on Name Calling will automatically get you on my ignore. You remove your own post but I saw it before.
I don't need to short this stock to make money as I want to prove my point that TA works.
and that very Money is being dumped to the unsuspected Buyers!LOL. I won't know until the Market Closes. Guess is another Negative Money flow today.
Why do you look at the Coin on one side only? Money came in but money also went out. Yesterday, there was a net -2.69 Millions flowed out of the stock. The uptick is in negative territory as compared to the day before (Uptick/Downtick Trade Ratio was negative @ -.90)
We know how good 3102 is. Data backed the compound through two phases of trials. The Value of Achillion depends largely on how successful POC will be. I truly hope they don't push the window too far out. I do believe the 300mg dose is the most optimium. Heck, the company would go as low as 200 to 250 mg given the effectiveness of 3102 and a PI.
From your Mouth to God' ears (...buout north of 60...).
I guess POC results will be released in mid November as the 2014 AASLD is near.
Set up your account like I did or you can allocate 5 to 10% of your core Holding and generate income when the opportunity present. Me and you bought low enough so in a way there is a derisking factor. If the Company gets taken out before the POC data of 3422 were made public; all you lose would be the gain on the 5 to 10% of your total holding. My strategy is to buy back every share in my trading account lower than the price I sold thus pocket the difference.
Frustration is coming from those who ignore other factors and can't stand when I posted my trades. So we have rumors of Buy out every other just different flavor.
They don't understand the Future of Achillion and its stock price now rely heavily on how good the Data from the POC of 3422.
They have completed 28 days Toxicity studies on 2 animal models. Followed by additional 3 months. A buy out won't be entertained until the Data were made Public.
No need to rub it in......as they grilled my #$%$ for trading this stock while holding to my core position. Some would say I trade or eat chicken as they prefer steak(LMAO) for pennies but those pennies add up really fast when thousand of shares were traded each day.....But don't tell that to the Cult Leader and his minions as they are so fixated on Buy Out ignoring everything else. I said before those so called Longs are in this for quick money and when thing doesn't pan out the way they wanted; they will in turn become the worst bashers.