That's why so many bashers are on the board today.
Even with a big beat, this probably will stay under $12. My guess is on the consensus of .07, they will beat and report around .14. It will pop to $11.50, but the growth is gone. Plus we have a republican congress now. Doubt there will be much talk of gun control anymore for a while.
The latest article posted by the Street on the yahoo.finance page for OREX says the Street rates OREX as a sell. They just didn't mention that in the earlier article.
No one ever stepped forward to be the class plaintiff for a class action. There is no litigation.
I don't know why people give you a thumbs down for your opinion. I remember when you posted as ILLORAC (spelling?) and I agreed with you then that it was getting close to the time to sell. I sold in the low 15's and I was upset when I saw it go to 17, but you can't time everything. You were right then but posters on here still thumbed you down. Anyhow your posts are appreciated. I don't always post but I still come on here to read others thoughts. Most people on yahoo message boards pump or bash. Sometimes it's nice to have someone just give a decently thought out opinion even if we don't agree on everything.
Yeah I agree the growth is gone and it's not coming back without a serious scare over gun rights (that's just unlikely because gun rights are in the BILL OF RIGHTS and there's no way you can construe the 2nd amendment to say anything but it's literal meaning). I think demand will normalize (albeit much lower than these past few years) and SWHC will still be fairly profitable. I don't think it's time to get into this stock either. I don't see much price appreciation without some kind of incentive like a dividend. With that said, I think if you do get into the stock it won't go down too much farther and it won't go up too much farther. It's going to sit where it is for a long time.
I don't think they'll miss, but they'll be in deep doo doo if they do miss. I think they'll beat and EPS will come in around 14 cents and the stock will go up about one dollar. I think Debney low balled earnings. It's obvious that gun demand has softened, but that doesn't mean there is no demand. Of course this is all conjecture and my opinion, but I don't see how consensus can go from .25 to .07 (last quarter to this quarter) even with the softened gun demand. Were there any extra expenses for the quarter as opposed to the previous quarter?
No this is not a pump and dump. This will trade between 5.40 and 6 until we get an update from the company. Do you think tubulysin results will be good and/or vintafolide results are meaningful? Stay invested. Do you think vintafolide results are not meaningful and tubulysin will not succeed? Sell you shares. It's really that simple. Until we get an update this will trade as it has been for the past few weeks between 5 and 6, likely within 5.40 to 6. Like jbaaaaa11 says below this is range bound for now.
So I was thinking about the light study. What are the chances that the FDA does another 90 delay to wait for the results of the light study? Any thoughts?
I honestly have no idea why this is so volatile right now. Could be that some see this as dead money for a while and think they can make money elsewhere. The biggest thing for this is the OM data and we won't get that until sometime in 2015. Who wants to wait that long? If you followed this stock before benefit ALS data was released, this was sitting in the 6's for a long time then shot up right before the data release. I think everyone is too impatient to look at this right now. It's not going to move for a while.