The timing for approval couldn't be more perfect as we enter peak season for weight loss. Lines have already formed just awaiting the all important decision. With approval the possibility's then become endless for this company "partnerships, licensing deals, buy-out" ETRM should be up allot more on just pure speculation alone! $100 market cap at this stage is just ABSURD!!! Hopefully what we've been watching is consolidation rather than traders playing ping pong!
I think this is what allot of people are overlooking. I know I have some concerns with it. I wonder if they've thought about cutting the cost and doing away with freebies.
No doubt the Vagus nerve has become a hot topic as of late. Just waiting now for the all important FDA decision which has sounded positive thus far. With approval opens the doors to an endless land of opportunity's. Glad to see you're still posting and thanks for sharing your find.
Biotia I will try to get along with you one more time for sake of the board.
"We believe that EnteroMedics is about to gain FDA clearance for VBLOC" is the "HEADLINE" I was seeing. I had not even read the article yet. After I read the article I put up the source for all to read themselves. And by the way it was updated news. Canaccord did an interview in which the the source made public on that day THAT"S NEWS!! As far as me saying there are "several" other sources picking up the publication THEY DID. I didn't say there was anything new! I said they where PICKING UP THE STORY! I think it's great when people share ideas, research and opinions on these boards so we agree there. So again yes there are other sources picking up the story. Google "Shifts from High Gear by The Life Sciences Report" and tell me what you see! GL
Gary i removed my original response because I mentioned someone's name we don't need here to bash on a daily basis. Anyways I'm doing good just waiting like all of us are. GL
I checked it out as soon as you posted it. I'm getting icthy finger again myself, but want to see a couple things happen first. Hope I don't miss anything spectacular!
Really? I didn't exaggerate anything!!! All I did was note the headline i was seeing on the intraday pop. ""We believe that EnteroMedics is about to gain FDA clearance for VBLOC" NOT MY WORDS but THEIRS. Another poster posted the whole story.
To your question "Who are they" Go look for yourself
We get through $1.60 with good volume and it's off to the races in my opinion. That's where I think shorts start covering!
Touting 70% coverage is good. But one might ask why if 70% of consumers are covered why are they not interested in Belviq? I know that's what i'm wondering. And why the lack of refills? Two things i just don't understand and why i'm out for now.
There's a new video out from CNBC that aired this morning during Squawk, Doctors are concerned with the "safety" of these new drugs thanks to the P&F debacle 10+ years ago.. This is not a bash because I know a few people still invested in one of the companies mentioned. I feel for them being their neck deep in the carnage that has happened to the pps over the last year or so. I think we may see a shift from investors rolling out of these companies taking a hard look at ETRM soon. After-all we know the device is safe (much safer than drugs) and works as well if not better than drugs do. The video is in the news section on the Arena board if interested in checking it out.
Doc, what would you attribute to the reasoning for lack of refills being dispensed? Thanks
Just curious because you said "The company is not doing anything even after the panel meeting (surprisingly)." That's just not true. They just attended an investors conference where i would say by the applause people where listening. I have listened in the past on these live events where the room sounded empty. They are continuing work both here in the U.S. as well as overseas. They are busy I assure you and while they wait they are preparing to get this rolled out shortly after approval. Maybe even in talks with someone already about a partnership deal or better. Who knows!!!!
So what would you be saying or doing differently if you where them?
Other than calling people crybabies it's hard to argue with this post. Some may not like Ade for what might seem like lofty projections. His estimates and projections are his which he is entitled too.
I have yet to get back into Arena but found this while doing some research on ETRM.
"Australian researchers have found new weight loss drug Qsymia effective in maintaining or reducing weight, but hard for many patients to tolerate!"