Answer? NOTHING. If people are sick & dying, they will still do anything to get those drugs!
It won't surprise me though if we open down 2+ points tomorrow. Ohhh well, no biggie as I'm in this for the long haul & so far we have gotten two very good earnings reports, milestone payments, & 2/3 drug updates that were good!
Forget the bashers, this stock is acting like a pos! We are constantly closing much closer to the low the n the highs for the day, & the highs continue to get lower & the lows are getting lower. At this rate, we will be lucky to see $75 at year end! All this good news and the stock still stinks. Frustrating
I hope so, but I fear mr market WONT cooperate with us! All the news with the exception of one drug being not as good as expected has been very good! No logic behind this drop. I just hope it doesn't drop to around $30 or so when I bought between $63-72!
Once again, NOTHING negative for Isis, but it keeps going down. Do I like to see the stock go down & I lose more & more $? Heck no! But there's really nothing you can do but hold & wait it out.
As for these bashers crying insiders dumping. Insider buying or selling usually means NOTHING.
If you know Kronos worldwide or Cheniere energy, you'll know what I'm talking about. The ceo of cheniere is one of the highest compensated CEOs in the energy sectors. So what has he done? He has SOLD more & more shares! But wait, isn't that a bad thing? Well, take a look at where the stock was 5 years ago, to where it is today!
Kronos chairmen of the board on the other hand (now dead) has bought & bought & bought shares. But what have the stock done? NOTHING! The tio2 buisness has been slumping awhile due to oversupply.
These are just two of many examples, but they prove my point. If you solely followed what the insiders did, you'd be on the WRONG side of the trade.
As for the other arguements which range from Isis being a bubble to not one safe drug are full of bs!
First of all, Isis's factor xi drug alone would give you a pe of less then 20!!!! Are you kidding me?!?!? That's a bubble?!?!? This doesn't include the over 30 other drugs!!!!!!!
2nd, last I looked, the most recent drug according to their words and data looks "safe." & please, define safe? Are you going to say that if I drink a beer that's unsafe? Maybe a drug causing drowsiness can be construed as "unsafe."
In short, the only thing we have to fear at this point is total bs selling on Isis, & or the overall market tanking & dragging this down with it!!!