Bladder cancer, "Exelixis and Bristol-Myers are supporting a National Institutes of Health phase I dose-ranging trial testing a combination of Opdivo and Cometriq and a three-part combo with Yervoy."
.? Really? What part did I miss that will cause a 10-15% drop? Did you really expect Cato to outperform nivo? I assure you the results were more positive than what I had understood the street to expect! But please sell or short or whatever it is you are trying to suggest you will be doing
I think that is an extremely conservative estimate. You are much more informed than I on the details, but I have to say if the market had truly expected a better outcome exel would have been trading at a higher multiple before the data release. If cabo had indeed outperformed $bmy nivo that would have been a shocking development.
What a ride congrats to all the longs. Ernie and joe and the rest have done a great job and I appreciate all the help. However, the one thing I feel that is getting lost is the market cap story, what it takes to move the needle in $bmy vs $exel as well as near term catalysts on horizon for $exel.
if you bring to much attention to trying to get a tax free deal then the public will destroy the idea...this was another smart pay ...really like this company long term
other than to get rich with fantastic stock options, non sequitur . being public opens them up to all sorts of #$%$ that would be easier to be private and still rake in the dough. If they have not had a losing trading day in three years why would banks and companies not be lined up around the block to give them money with far less oversight...instead they go to the public markets for financing? in a historical low interest rate environment none the less. Then we get the classic SECRET SAUCE comment. I have a feeling the longs might be in for more secret sauce then they bargained for
people need money to get elected bill ackman and other shareholders have money. those in support will be louder than those in opposition.
ackman better not be chincy on greasing the wheels he should use the election cycle to his advantage...press the buttons that need to be pressed