I have never seen such a Deal in the making. Usual there is an upfront payment to the Licensor but none in this case. Only a 225 millions as investment by Janssen as good faith.
The Street is not happy at all. This is what kills the stock"
' Transactions include up to $1.1 billion in potential development, regulatory and sales milestone payments and a separate equity investment -'
1.1 Billion and it will take years to achieve. Don't you Folks know how to read!LOL.
Remember they just diluted share holders another 18.4 million shares. One way to fatten up their wallets for YEARS TO COME!LOL
Longs are screwed for Years to come. Forget about any buy out by Gilead, Merck, Roche, Abbvie and Walmart. This stock now will follow the NBI on a daily basis. A big disappointment for most of the Longs here.
Those who bought on December 22nd 2014 are royally screwed to the core.
3 consecutive days of over 10 million shares each day and one most notable of 23 Millions + not long ago and your stock is trading where it is. I need no one to tell me how to invest nor trade!LMAO.
People are betting a presentation Cancellation is a good thing. Wait and see what transpires in the next few days. Keep buying if you think a Buy out is imminent!LOL.
Expecting News out from this morning UBS cancellation any time. Rumor of a Buy out in the work has surfaced again. Let's see where the Money Flow will be at day end. On the other hand any Negative News ....you guys can fill in the blank.
Taking your advice here BNH. So covered at breakeven minus about 18 bucks in exchange fees. I don't like Volume spiking along with price shooting Higher.
Only time will tell. Let the lawyers fight it out. What needs to be taken into account here is the Possibility of Toxicity especially Mitochondrial Toxicity arising from much higher Dose of any Nuc in development. At 700 mg of 3422 use in the upcoming Sparta Trial, it is a Gamble in my opinion.
Have you posted any thing useful?. The like ACHN will dose the first patient on 06-22-15. What a blatant Lie!LMAO.
Not only I would come out and say I am wrong but like my buddy WilliamHung or MajorleeHung I will strip naked on Central Park or run the whole span of the Golden Gate Bridge.
Still no taker from the Sick Club. How about you Magnam_pi since you are So Sure SVR4 would be released by year end?. Don't chicken out on me now Shameless Dude!
** Dump** instead of ** Dumb**. But Dumb are the ones who continue to drink Old Hag Kool-Aid and never question the Validity of his Garbage Posts!LMAO.
No afraid to admit it was a mistake from the paid site I subscribed. I questioned myself in regards of all those sold out positions. I have since cancelled my paid subscription when the chief editor responded to my inquiry.
In retrospect, it is better for those Funds/Institutions to dumb their shares when the stock was in the double digit. You guys do know by introducing deuterium along the molecule chain of 3422, it will also increase the probability of introducing Toxicity at higher dosage.