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Oclaro, Inc. Message Board

mgm2020 930 posts  |  Last Activity: Apr 16, 2014 8:04 AM Member since: Mar 3, 2010
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  • Reply to

    Somebody make me feel better

    by jmj120 Apr 15, 2014 4:26 PM
    mgm2020 mgm2020 Apr 16, 2014 8:04 AM Flag

    Thanks. It will still be better than Phila. I'll be at the Legends all weekend, and if I'm not golfing I'll be drinking!

    Sentiment: Strong Buy

  • Reply to

    Somebody make me feel better

    by jmj120 Apr 15, 2014 4:26 PM
    mgm2020 mgm2020 Apr 15, 2014 9:40 PM Flag

    IF it will make you feel any better, my portfolio is down nearly 25% since the biotech beatdown started, and today alone, this morning my portfolio was down 10%---TODAY. Then the market reversed, and by the end of the day------I was up! There is no explanation for what is knocking down good stocks like KERX other than fear of the talking heads(who really don't know any more than anyone else---they are just the tail wagging the dog)---and lots of lemmings jumping off the cliff just when they should be holding or buying. How many people sold this morning to try and stem their losses only to miss the rebound and are kicking themselves for it? Hang on and KERX and the other biotech's that shouldn't have been scalped will all bounce back. I'm heading to Myrtle Beach!

    Sentiment: Strong Buy

  • Reply to

    DOWN SHE GOES EVEN MORE

    by iceman18047 Apr 15, 2014 2:40 PM
    mgm2020 mgm2020 Apr 15, 2014 5:51 PM Flag

    I think you forgot 1 thing---the 1 in front of the 8---see you at 18. This market is trying to turn the bio's higher. I can't wait for you to disappear ice---but I really don't care what you do or how you do---but you will be proven wrong on KERX and I---WE---will all take great satisfaction in that. Today's PR just showed how strong the launch is going to be and that they will have a world-class team in place to make sure that happens.

    Sentiment: Strong Buy

  • mgm2020 mgm2020 Apr 15, 2014 3:02 PM Flag

    When the market drops everyone's horizon shifts to long term and when the market is good the horizon is much shorter. It is a sliding scale---and it's been sliding much more than ever lately. This market is NUTS! ACAD has been having $2+ daily swings! Very nerve racking to watch and monitor.

  • Who else has been going extra-heavy on the antacids---not to mention beer, wine, booze---anything to calm the nerves?

    Sentiment: Strong Buy

  • mgm2020 mgm2020 Apr 15, 2014 2:46 PM Flag

    I'm here. Just not posting today. This market is way too volatile for any posts to have any bearing anyway. KERX is bad enough, but I own quite a bit of ACAD and that is going through $2 swings each day! This is one of the most frustrating and emotional string-pulling markets I have been through in quite a while. But I'm sure it will settle down and when it does, KERX will absolutely move higher---and that WILL occur by the PDUFA. You think ice and spill covered? Anyone that is long ANY biotech stocks has got to be feeling some or a LOT of temporary pain. But---the best strategy will turnout to be holding---or adding more on this unprecedented dip.

    Sentiment: Strong Buy

  • already. People raising cash to pay capital gains and higher taxes from last year getting rid of IDRA today for the cash and a loss. Will rebuy and lift the stock back up. Way overshot to the downside. Same with ACAD.

    Sentiment: Strong Buy

  • Reply to

    Poor Old mgmoron just can’t catch a break.

    by hug0chazev Apr 14, 2014 8:56 PM
    mgm2020 mgm2020 Apr 15, 2014 10:07 AM Flag

    Ah---you have it all wrong. It's not a rope---it's a bungee. And just like before when stocks have dropped based on NO negative news and no change in fundamentals, they will ALL bounce back stronger and higher than before. Not worried about the longer term, just a little frazzled in the short-term. And when I jump, I make sure there's a trampoline under me. The long strategy is always a better one in the long run as stocks are much more likely to rise over the long term and only fall over the short. While it has been a good---no--great month for shorts, it still depends on when they started shorting and when they cover. Holding for a longer period virtually guarantees a profit on a good stock---and KERX has been and will continue to be a GREAT stock. Take your profits while you can---if you have any---because KERX is going higher---MUCH higher.

    Sentiment: Strong Buy

  • mgm2020 mgm2020 Apr 15, 2014 9:35 AM Flag

    The trial will probably run for 12-16 weeks, so if they begin the trial by July then top line data should be available by year end.

    Sentiment: Strong Buy

  • Nothing but more confidence in Ron and KERX following the announcement of new team additions---each one tremendously qualified for ensuring a strong launch, with 2 of them having that critical Genzyme connection. Most likely they were given a moderate salary package with a sizable stock position and a lockup period, except in the case of a buyout in which case the stock becomes immediately available. The incentive to get the price of the stock higher or the company acquired will be worth milliions EACH to them-----and more to us. They are NOT fooling around here!

    Sentiment: Strong Buy

  • mgm2020 mgm2020 Apr 15, 2014 9:06 AM Flag

    Yes indeed I'm still long. And I have added 2500 shares to my position in anticipation of a big pickup moving into the PDUFA. IT WILL HAPPEN! I look at KERX as one of my best opportunities---or ANYONE'S best opportunities for profit while the bio's are still being held hostage by the market forces keeping them down for whatever reason. I will be looking to add more and have buy triggers in place to catch the stock on it's move up. This stock will be $20 by June 7th---I have NO doubt. New drug approval is on of the strongest forces affecting a young biotech stock like KERX---and with the potential that Zerenex has to revolutionize kidney disease care as well as the revenue potential which has been enhanced by the bundle freedom pricing, the stock should surpass $25 by the end of the year, and by then the P3 CKD data may be in AND Zerenex will be approved in Europe. The story is the same---the catalysts are continuing to move closer, and the only thing that can change the scenario I just laid out----is a buyout following approval for $25-$30/share----OR MORE. I sold a little PCYC, a little FEYE to raise a little cash just in case the drop continues, BUT---my KERX stock is going nowhere except higher in value.

    Sentiment: Strong Buy

  • Reply to

    Let's stop answering iceholeman18047's posts

    by pierogieman99 Apr 14, 2014 9:43 AM
    mgm2020 mgm2020 Apr 14, 2014 11:04 AM Flag

    I think that's a good idea---spill also. IF you must answer their post---do it n a separate post and not a direct reply so they NEVER get bumped to the top.

    Sentiment: Strong Buy

  • mgm2020 mgm2020 Apr 14, 2014 11:03 AM Flag

    Sorry---54 days.

    Sentiment: Strong Buy

  • And the countdown continues-----64 days until approval.....

    Sentiment: Strong Buy

  • mgm2020 mgm2020 Apr 14, 2014 10:39 AM Flag

    No, you read that wrong---they're not presenting, they're entertaining. Apparently they have a trained monkey act, but I can't figure out which one is the monkey and which one is the trainer---or maybe they switch?

    Sentiment: Strong Buy

  • Reply to

    Longtime shareholders,..

    by prospern23 Apr 13, 2014 6:43 PM
    mgm2020 mgm2020 Apr 14, 2014 9:53 AM Flag

    I am not a long-time shareholder, but I have a sizable position in IDRA now. There is only so much cheerleading you can do when nobody seems to be listening---or caring. I have been a long-time shareholder of KERX, and they got caught in the downdraft also even though the just had their drug for kidney disease approved in Japan and it will be approved here on June 7th. But both will go up, and the potential that IDRA has with IMO-8400, 9200, and it's technology is worth hundreds of millions and likely much more. I can't see this stock NOT rebounding back up to at least $5 within the next few weeks to months. I do think that the entire biotech sector has been beaten down way too much, and now the bargain hunting is beginning, and IDRA is one of the bargains.

    Sentiment: Strong Buy

  • Reply to

    KERX READY FOR ANOTHER BRUTAL DAY

    by iceman18047 Apr 14, 2014 7:51 AM
    mgm2020 mgm2020 Apr 14, 2014 9:38 AM Flag

    Isn't that what your wife's been saying about you since you're losing all of her money? NOBODY here has any use for you.

    Sentiment: Strong Buy

  • Not that there was ever that much there to begin with. If he and stllalittlepeepee put their 2 heads together------well, they' still be dead wrong about KERX----and I hope it costs them their entire accounts for being so foolish and so vocal about it.

    Sentiment: Strong Buy

  • Reply to

    Wait until the buyout before selling

    by antrlg Apr 13, 2014 11:19 AM
    mgm2020 mgm2020 Apr 13, 2014 10:39 PM Flag

    People think they are being 'smart' now because they are bombarded daily by all of the talking heads screaming about the 'rotation' that's occurring and that the market won't reward companies with no 'earnings'. But that I total Bee-eSS. The market ALWAYS rewards companies IN ADVANCE of earnings and revenue---especially pharma and biotech stocks. Pima has such tremendous potential and a gigantic need in an underserved patient population that's growing larger every day. This WILL be at least a $50 stock in a year, but NOW is the time to get in or add. This will be one of the first biotech stocks to rebound and the fact that it is at this level is hard to believe. It won't last much longer---if any longer.

    Sentiment: Strong Buy

  • Reply to

    Get ready for $7

    by abandon_ship_asap Apr 13, 2014 2:33 PM
    mgm2020 mgm2020 Apr 13, 2014 10:29 PM Flag

    Your statement is a fallacy. Stocks of rapidly growing companies just don't keep dropping and stay down. This is a free market system and there are always buyers and sellers. At some point, and I believe we are either very close to or at that point right now, the buyers are again going to outweigh the sellers---the shorts will have made their money back, and the stocks that have been beaten down will rise. When that begins and the rise continues, then everyone will pile back in again to the same stocks that will continue to grow. The bargains out there right now are amazing, and the percentage drops on some of these stocks are already at ridiculous levels. You know that when the retail investor starts feeling the way you do and they think it's time to sell---that's exactly the time when the pros know it's time to buy and the bottom has been hit. So you are only confirming with your statement that we are indeed at the bottom. But, you can wait until the market has come back before you buy, but by then, of course, it will be time to sell. I've been adding to all of my holdings during this drop, and fortunately I started buying ACAD, PCYC, and FEYE after they had already dropped about 20% and not near the top. I believe those stocks, in addition to KERX will bounce back nicely in the next few weeks. Rapid growth and blockbuster drugs will always take a stock higher. The sentiment will change.

    Sentiment: Strong Buy

OCLR
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