Sarepta is on track for approval next year.....and if the market senses an early 2015 fast track FDA approval, this stock will start to trade into the $30's very soon, and over $50 before the end of 2014.
Now is the time to get in this stock, the CEO sounded very confident, given the big recruiting drive for clinical employees. The Ebola drug will bring Sarepta huge publicity, as the world will know about a small biotech company saving lives globally. Social media, White House petitions, and the victims families will help make the early approval process happen......
Today just may be the gap up that never looks back. Yes, we've all been there before, but as they say, "this time is different." The publicity over the White House petition, huge support with social media, a more responsive FDA, just to name a few positive developments.
And everyone knows a responsive FDA could provide a program for accelerated trials and finally an approval of SRPT's flagship drug. So stop listening to the Seeking Alpha critics, and start believing. And if you don't believe what I'm writing, then just watch the stock price in the coming days, weeks, and months......This indeed may be the gap up that never looks back.........
The market has spoken....No fraud....We'll see ya all near $12 tomorrow.
I was wondering why we were bid up in AH before the announcement, someone knew of course. This is yet another vote of confidence for this management team, and the petition is only the beginning. I'll check back in when we're back in the $30's, within a week or three.
They already raised their revenue guidance recently. With all the accusations and heat this company has taken, they wouldn't have raised revenue guidance if there were any fundamental issues behind the scenes, i.e. they didn't lie before, and they didn't lie now.
Block has to be taken to court at some point, but I'm sure as an attorney, he's well protected against litigation.
Shorts are using the broad market weakness to force the price down, so they can cover at lower prices. There's nothing weird, or wrong. It will be up later this week.
The move today is exaggerated by the fact there was a 50dma crossover, which piled the momentum players in......It will probably then go to $68-$69, where it should be hit by a brick wall.
How about this for a strong argument? The weekly chart says the stock is heading back up to $142-$145 next week. Who needs fundamentals when you have technicals?
Siegel wrote a book, "Stocks for the long run", in it he said the Dow is going to 20,000.....So obviously CNBC pays him to be a guest and pump the markets 2-3 times a month. I'm sick of all of these people.
Sure, I'll weigh in ....Your pumping the stock all day long is annoying for anyone who's long or short the stock, or thinking about buying it. So stop asking stupid questions in a public venue.
People like Siegel are ruining the markets. Traders have learned absolutely nothing from 2000, or 2007, or they just don't care. We all know at some point this will end very badly.
Gartman is NEVER correct. And with the new highs, they drag out Jeremy Siegel yet again; he's on every other week. Now he says stocks are still cheap....cheap? lol....I can't wait until this market crashes or corrects substantially.
GOOG, AAPL, AMZN, and many others.....This would be part of any well known growth company's acquisition strategy.....I truly believe there are companies having ongoing negotiations with YELP....
It's called greed.....No one sells, until it's too late. That's the way it always works. Anyone not taking profits today is absolutely nuts.
34% upside in NFLX according to Goldman? That's about 150 points from here. And of course the self-fulfilling prophecy takes over right away, as the stock is already up $16 in pre-market. Never mind that the stock and the entire market is far ahead of where it should be with no correction in years.
No, I'm not short NFLX, shorting momentum stocks will come later...but when? NFLX could fall 150 points in one day in a black swan event....but no one cares, no one is hedged, it's 1999 all over again......and my point is the analysts are certainly a big part of the blame....
That would be a .0000000000002 correction; much needed so this market can go higher after that horrible drop of 2 points.
She has no idea what she's doing.....C'mon everyone...get sucked into this rally. Don't hedge anything, complacency rules. It will go up forever.....Throw a dart at a stock, it will go up. Fundamentals mean nothing.....Don't wait for a pullback on your favorite stocks, just buy at the top, it will be higher tomorrow.....
Does all this sound familiar? It should, because these were typical posts on the Yahoo finance board in 1999......