Good comeback, Wilderguide (I mean "saltydog"). This board should go on the road with the comic relief act...I think you would make a killing! Lol
You just described yourself. Lol
You and Wilder are extremely entertaining to say the least. One flew over the cuckoos nest type entertaining! Lol
Heeeere we go again! Lol
It's just gotta be spectacular news! Load up!
Do you know what the definition of insanity is? ;-)
"Wrong is no big deal..."
That's funny. I think his pocket book will beg to differ. But hey, it's only $$$$ ;-)
Correct Ryan. MM chose to go all in on Cabo. That drug was the company. It failed. 70% of the company was immediately laid off as a result and I suspect the remaining 30% are busy looking to work elsewhere. I said it long ago, allowing MM to play CEO was a grave mistake. People here couldn't wrap their heads around that. Bottom line is market cap (still over 300 million) is way to high for the present state of EXEL and the shares held short by smart money will be shown not to have covered at this juncture. EXEL is in a carotid headlock by smart money and is slowly losing oxygen. Could very well be trading in the cents soon as market cap adjusts accordingly. At .80 cents per share, EXEL will still have a market cap of 150 million.
LOL...incapable of admitting he was wrong. There is no place for love in the stock market and you are a textbook example of that mistake for others to learn from. Keep up the great work.
You sir, are spot on. You have realized your mistake and will be better for it in your future investments. Best of luck.
The market cap of EXEL is still over THREE HUNDRED MILLION DOLLARS. Way too high considering debt load vs. assets. Speculate all you want, fact is, EXEL has a very clear track record of fumbling the ball at every opportunity under the watch of MM. EXEL is overvalued here.
People here don't seem to "get it" (never have). They pound the table about the "cheap stock price"...what they fail to look at is the MARKET CAP. EXEL's MARKET CAP is still way too high for what assets they have at the current time. In other words, it's OVERVALUED and is adjusting accordingly. The stock price matters not...it's completely irrelevant.
Also, it should be noted that anyone waiting in the shadows to take over certain assets of EXEL need only to wait a bit longer....time is NOT a friend of EXEL at this juncture. Anyone eyeing certain assets continue to be briefed on how to play it. EXEL is quickly withering on the vine.
Take a look at the co's DEBT my friend. They are now in between a rock and a hard place. Sure, they have some cash on hand, but they also have a ton of DEBT with little to no revenues.
Like I said a few weeks ago, this co. can announce they are going BK and you will still have the resident cheerleaders yelling, "Wow! It's a STEAL down here!" as it trades at .10 cents.
I said a long time ago on this board...the biggest mistake this company made was allowing MM to play CEO. Goldman knew it and pounced. They are are best of breed at what they do (Goldman).
You, sir (or madam), are CORRECT. Now you know why the massive short position has never budged. They saw the writing on the wall long ago. Very astute analysis and I'm sorry you lost your investment dollars in EXEL. With a biotech like EXEL that has a)all its eggs in one basket "going for broke" and b)poor leadership, you have a Rx for an ULTRA HIGH RISK investment play. This was talked about over and over here by a select few over the past few years, but the resident "experts" wanted none of it. Now, they are experiencing the end result.
Best of luck to you in your next investment ventures.
Looks like "username" is back at it with another alias....and he's more pithed off than ever. Why? because he's lost more money in EXEL and likes to point fingers at others for his mishap. Give it a rest, username. You should be ashamed of yourself for crying so much day in and day out. You and Wilderguide are actually one on the same...both of you completely OBSESSED with EXEL. Very creepy. Both of you need to get outside and enjoy life a little. My goodness.
What is the nail in the coffin for EXEL moving forward, one might ask. I can tell you beyond any doubt it is the fact that the BOD's have chosen to keep MM at the helm, playing CEO. Epic fail. The BOD's for this co. aren't too bright, to put it mildly. One misstep after another...it's quite comical really.
Remember, it's not about "stock price"...it's about MARKET CAP. EXEL is still richly valued here at half a billion, given it's debt and assets on the books. Good luck to you folks, you'll need every bit of it with MM still at the helm. JMHO, of course.
Sentiment: Strong Sell
I can honestly say, in all my years at this game, I have yet to see a bigger TOOL than you. Sorry to say it, but you deserved to lose everything you lost. You try so hard to pretend you are short when in fact, you are a degenerate gambler who put all your eggs in EXEL. People like you do not make money in the market (nor should they).
Time for you to pick another penny stock to lose your money in. Be gone with you, Village Idiot.
LOL. That's funny. EXEL has a lot of debt quickly dwindling cash and minuscule revenue. Current assets on books do not warrant any short covering. period.
Sentiment: Strong Sell