I agree with that but those that are buying currently surely are including Idealsib in their equation of value as did those that bought GILD when it was $30 for Sovaldi.
this level has been support on many sell offs, I dont ever plan on getting in at the bottom but anywhere near 4 has in the past been a decent price of entry and yes I can and will be buying more if it keeps dropping and at larger amounts as nothing has changed on why I got in. i will buy up to a total of 100k shares and I have deep enough pockets for that. Why would you buy SNTA unless you thought they would eventually get approval by the FDA. The fact that it might be a year or two is not significant when you are looking at a price of $12 or more, however if it got a nice pop for mediocre news to $7 I would probably unload half to buy more again later. I dont necessarily disagree with your statements but not sure how important a CEO is to most companies unless you have a Steve Jobs or one of another 6 or 7 excellent CEOs, IMO most are overpaid for the duty they do and I personally know one CEO of one of the fortune 500 companies.
I dont think he knows squat about this company, what does explode upwards mean, $6 $12 what, but if they close and then they go above $5 it will be a gusher to $7 with hardly any trades at $5 but if it gradually gets to $5 before vote then it will hold there and not explode IMO until the deal is closed or announced VZ approval and pluspetrol sets a date.
I personally agree with all your points Patenright, I think the market is totally irrational right now regarding the prices of both of these stocks and by the time the merger rolls around there will be a lot of people sorry they didnt load at these prices, currently the buy is QCor as you will get a nice premium run up for the difference when the merger happens.
thank you for that information, that type of payment would explain why both analysts have raised thier estimates for 3rd quarter and why IR has not answered my question. That will be a great addition to cash on hand and help fund a number of future trials for FDA. I knew there had to be an explanation that was not readily available. I hope this is what it is.
the combination is better than either part so this amazes me they have gone down not only will the earnings per diluted share of MNK go up significantly day one the tax savings will add another $1 per share of earnings so as of end of 2014 if all tax savings could be considered the MNK earnings per share will be $6 area and that means it is selling at a FPE of 10 which is too low. then the growth in 2015 would put it at les than 9 Market takes time to realize these things but this will explode with the price of MNK.
thank you but it was only 10k shares and I have 127k left so it only brought it down 1 cent but it keeps dropping. I will get back in if it drops another 10 cents or less I did some trading on BAC the last few days and did well after earnings sell off that was over done. I added a lot more SNTA today Sitting and waiting for the HNR deal to close then I will add a lot more of something lol. You have a good day also they have been few the last couple of weeks.
I would agree and if you sell calls on MNK to offset your QCOR buy you can get some 15% returns pluse in that time frame and higher annualized.
forgot to add
3) $5 when they have $91M in cash already is not much, except from the fact an insider is buying, very temporary cash infusion adds less than one month to cash flow
4) why hire a CEO you have to give a golden parachute and stock to when you are selling the company, a though or speculation on my part.
I think the drug Idelalisib is part of what is causing the revival in price of GILD from it low along with being oversold and Sovaldi sales. If not it should be.
I tried to vote but they kept saying my pin number was wrong but it wasnt and when emailed they said they corrected the problem but my second acct wouldnt let me vote either which I hadnt voted on yet. I had a 12 digit number for pin glad you could make it work this is second time on various companies I couldnt vote and I have over 40k shares here.
1) boards are suppose to run companies even though few do
2) they have a CFO that is suppose to step in when CEO is not available.
take your short position and leave, or if you are long enjoy the chance to add, I have added 10k shares today and if it drops more I will add more, original purchase 4.37 then at 4.17, then 3.99 and 3.98 for 20k shares and willing to buy another 50k shares if opportunity arises.
but then if you take the 9 cents for Q1 and the 3 cents for Q2 and the 25 cents for Q3 you get Q4 at 10cents so the increase in Q3 is not repetitive and would seem to be an extraordinary revenue and that is what is confusing me. If they had include in thier estimates a new ANDA the income would continue in Q4 but since it doesnt you would have to assume it to be a one time payment such as a milestone from a partnership. But I have not seen any announcements so I am confused by the analysts umbrage
have I missed something is there some revenue coming in the Aug quarter as a milestone that I am not aware of as they have revenues at 6.2 million and then it goes back down the next quarter. I am confused by these estimates??
my thoughts exactly that early this morning was a buying opportunity as the costs for one time charges once removed left a lot of profit and while it affects book value we are already under book value so this is a deal
thank you both, it is not my objective to pump anything but to try to help as best as I understand, and as you say muskyman nothing goes straight up very often but good choices usually win out. I was up 20% on my entire portfolio 6 weeks ago and now down 10% but not crying in my spilt milk or bad mouthing others. Those that pump by making up lies are called out by me on stocks that I even own. So I do not consider his admonitions very seriously as he has evidently a "short" memory.
he has been told that many times before and yes he did according to his own admission sell half his position and take a loss so the shorts are spending his money and that is why he is so sad.