I know Regeneron flourished being partners with Sanofi & Beyer. Their stock went from 5 to 300 when Eylea was introduced but it seems OCA will be much, much bigger.
Most all analyst reiterate ICPT is a takeover target. Mgmt already announced their desire to 'partner' with a big pharma, & Fly on the Wall reports mgmt. will meet with Oppenheimer tomorrow.
Time will tell all.
Don't you think the correction from 450+ to the low 200's was correction enough? I'm being very serious here. Also so many shorts look what happened in the past, that's a real good way to lose money, stocks, especially BIO like driving you gotta look ahead & not behind.
Left about 50 points ago as they rode it down from 450.
what's left are the rookies & greedy Who will all pay through the nose.
It must suck that at one point today the Dow was down triple digits, & ICPT up 30 points.
Shorts pain is Long's gain.
what's the name of the firms who rate this?
BoAML, Citi, BMO, as a matter of fact all analysts covering ICPT have a Buy or Strong Buy with an average $420 price target.
You are right Val. I just believe that the story here is good for all, this drug will save millions of lives.
What a complete desperate joke to create something out of nothing, LOL.Every single stock has insider selling, there are 10,000 stocks traded in the US please nqame only 1% (1oo) that don't have insider selling.
As for the CEO Mr. Pruzanski yes he sold 10,000 shares at the market & he still have Over 430,000 shares!
He sold aroud 2% of his holding, hardly massive unloading LOL.
I never heard of Heines Burnbury or his resume' But BoAML anaylst Rachael McMinn has a Doctorite in Biotechnology so Dr. McMinn knows what she is tyalking about, also the Wall Street Journal in 2012 rated her number ONE (1) analyst in the Biotechnology sector.
Every single firm has a strong buy or buy rating with average price target of about $420 which I am sure will increase once more news is released on the tests.
It is extremly rare when a study is stopped midway because the drug beib=ng tested is just too good & every person is just given that drug to get better.
There will be many fear mongers blowing smoke for their own reasons but when the Flint studies will be released we will know how big OCA is & 5 B8illion dollars a year in sales...
Stay patient, you may wake up rich!