You don't ever gave any concerns about any of your investments? I have questions and concerns about all my investments...even though I'm making informed bets that they will yield significant monetary gains for me....including AVXL
yes...I have a fair sized investment in AVXL and basically made decent size accumulation near the top last friday. This is looking to me like it has momentum. Most the profit takers have had their day and i dont think it will taking big negative swings prior to news It has gone through consolidation in the 1.25-1.35 range..and IMO...is now breaking out.
Also...I dont think influencing people to sell on a MB has much impact on PPS..and I definitely want the PPS to continue its incline.
Well..if we get positive news going forward then no one has missed the boat.In fact, i'm betting that.the boat has not even left harbor yet. I day traded AVXL on its run up. I eventually took a long position at 1.49. I then added to this position at 1.38. Friday I basically doubled my position and bought more at 1.56.... which is near the top.
I am bullish on the PPS and see it breaking to the upside this week. There is a good posibilty that it could see the $2 prior to any news.
As you may know...there is always risk with any investment. I have legit concerns about my other holdings as well. This does not mean Im a basher or... even a loser...as you suggest. I posted a concern for the sake of feedback and discussion. Alot of people on this MB easily become paranoid or hostile
Sentiment: Strong Buy
enrollment is not supposed to be completed till 1st half of 2016...so...unless there are more delays...the ADP readout will be end of 2016
You're trading $689,600 at a time to show someone on a message board how to manipulate ACAD? You're sounding alot like that DILK weirdo who sold millions at the absolute high. Right
ACAD and ITCI are my 2 biggest holdings. I had been cautious and scaled back my position due to concerns about the 120mg dose prior to the readout. Profilt taking, market macros, and the Clinton bio crash created what loooks like a very safe entry point and I rolled some more ACAD into ITCI Wednesday, Thursday and today. Now Im 70% ACAD and 30% ITCI. If everything goes well...ITCI has more room to run than ACAD.
I'm not sure about the next 6 months...but if approved for schizo and bipolar we could see a 10B market cap. If they can enter the dementia market it will be much higher.
Th following catalysts were on their resent 9-29 slide presentation:
ITI-007 for Schizophrenia: Initiation of Second Phase 3 Trial
ITI-007 for Schizophrenia: Completion of Enrollment in the First Phase 3 Trial
ITI-007 for Schizophrenia: Announced Positive Data from the First Phase 3 Trial
Receptor Occupancy of ITI-007 – Announced Topline PET Study Results
ITI-007 for Bipolar Depression: Initiation of Clinical Program 2H/2015
ITI-007 for Behavioral Disturbances in Dementia: Initiation of Clinical Trial 2H‘15/1H‘16
ITI-007 for Schizophrenia: Data from the Second Phase 3 Trial Mid 2016
not likely..but it looks the the bio free fall ended 3 days ago...bottom was about $30. We will see $70's with positive ADP data maybe in Q1 2017
there is no comparason to the bio run up and the tech bubble of the 90's. The 90's tech charts were absolutely parabolic. For example, JDSU ran from $3 to $1200 in a matter of months. Most the bio charts look nothing like the 90's tech charts. Bios led the market for a reason. There is a new era of effective drugs being developed by real companies.
The Clinton created bio free ended 2 days ago. Smart investors bought the dip.
I admit I was ready for an ugly day too. Nice surprise! ACAD and ITCI...which are my biggest holdings are having a nice day. It looks like the bio free fall ended 2 days ago.
this message board is back to the old days. No activity. All the shorts are gone. Price has stabilized and will be moving up. ITCI and ACAD...my 2 biggest holdings.... are doing great today
With THLD...I put enough risk on the table to make a noticeable difference in my net worth...but I wont be wiped out if they dont meet primary endpoints. So far it doesnt look like there will be much of a run up prior to the readout...so positive results will be a huge surprise. I expect THLD to be trading somewhere between $1-$14 after the readout.
I was a bit surpirsed by the number of patients (32) and the speed with which enrollment was completed...especially in comparason to ACAD..who is in a 2 year porcess of enrolling 200 patients in their Alzheimers phase 2 ADP study. I have increased my holding in AVXL.
There are many differences between the bio run and the 90's tech bubble. The charts in the 90's were insane...JDSU ran from aout $3 to over $1100 very quickly, for example.. They were paprbolic and destined to crash. There are many real bio tech companies with real products that are revloutionary and address real medical needs.
The bios have led the market for a reason. The recent correction is a function of hedge fund profit taking, macro market factors, rate hike jitters,and Clintons effort to capitalize on on a situation. This will all come to pass...sooner or later.
Who is manipulating the insignificant percentage small timers to give up their shares?
The entire bio sector has been hammered without mercy.