a solid base is forming much more strongly than some of these other high flyers such as oxgn. I expect a gradual strong upward trend instead of a pop upward (better for the stock in the long term). A pop WILL come of course when they receive FDA clearance. 45 million in Rev for end of 2015
I figured it would. Nice strong basing at 3.25 to 3.45 for a pop to 5. FDA clearance will not be far off. And then REVENUE - lots of it
So with an offering like the one obtained by BLRX, does the underwriter pay the company and then sell the shares on the open market? Or does the underwriter find investors to pay for the shares at $2.50 (in this case) and then let them dispose of shares on the open market?
In the first case, the underwriter (Roth Capital in our case) would be a significant investor and would benefit greatly from a price increase if they held the shares. They would not invest if they thought $2.50 was NOT the absolute bottom. Seems like a very good opportunity to invest in these companies after this kind of investment.
Solar stocks will fly with Ukrainian news as European countries increase capacity dramatically in response to possible gas cuttoff from Russia and to reduce dependence on Russian energy.
Solar stocks will continue to fly as oil prices rise worldwide.
Trina will be particularly well placed with the world's leading efficient PV technology commercially available.
With as much volume as there has been, I bet they are about tapped out with selling, which means the next rally wont have a road block
Not for the daytraders. Only has a 69 million market cap - seriously look at this for an investment for 1-5 years
BLRX amazing pipeline - multiple decisions this half of 2014 - Look at it for the medium long term
This is truly incredible. Warren Buffet would buy this outright at $24 as a value play. Every quarter they increase the book value with tons of cash generation. And now a 200-300 million stake in a hot IPO. Why has this not been bought out? The company is going to need to put their cash to work eventually. Crazy not too. They should be looking at a dividend or better yet, buy some hot technology!
you can put it right here in yahoo finance under: 603005.SS.
So have we decided what their stake is worth? 200 million? With this stake and new cash from this quarter they will have a book value of about $20.
They are either going to get bought out soon or will have to start giving that cash back as a dividend or buyback
This is the kind of product that Steve Jobs would have developed earlier. the kind of innovation lacking from apple now.
BLRX has the strongest pipeline I have ever seen with nothing but good results over the past 3 months and a bunch of results expected. Ony 65 million market cap.
BLRX. This one should have all sorts of news in the next two quarters. Nice looking chart too for 6 months
BLRX is especially a strong buy now. Their newest drug "weeds out" and kills bone marrow cancer. Plus an amazing additional pipeline. And their stock only went up a few percentage points with news of extremely positive phase II results.
Stock is highly undervalued and on sale again today. Only a matter of time before it gets the attention. It is looking like a very strong long term investment with only a 69 million dollar market cap. Multiple pipelines and positive results over the last month
Yes, insider buying would at least give some indication management believes in their own company.
It appears to me that the company knew that sales were going to be hurt, that they would need significant cash for this years fiasco, and that they were not disclosing customer dissatisfaction. All of this, if known, would have priced the IPO much much lower. Investors were mislead illegally imo. A class action is deserved here to get investor money returned. I would not be touting this if I thought the stock could return to 18 based on good fundamentals. It seems like this may not happen for many many years if ever with the cash burn and even accounting for 15% sales growth after next year for 5 years, which now I have ZERO faith they can pull off. At 15% growth rate after this year, the revenues will be at about what the company said they would be for this year AT THE TIME OF THE IPO.