i kept some just in case the reasons I originally bought happen but when I get disenchanted with management I usually liquidate any company I have and that is what happened with me on the last ER. I believe in time value seriously enough to go elsewhere. I am sorry I ever lead you here. I had much more respect for management then but they have disappointmented me with their short sidedness and failure to produce on what they have stated. They have many andas as you state but can they get them approved, they were to have filed 4 more this year but where are they and what good does it do to file if you cant get approved. Can they produce the other PIPE dreams they have commented on? These are becoming much more serious questions. Rexista will it ever get going or does it work? I have lost faith because they have not been able to show me that they are more than puff and greed and should it get above my cost I will probably sell my last shares and may do so for tax reasons before year end.
i have no idea what caused the pop and increase in volume but it gave me a chance to unload 50k shares and for that I say thank you,
the best answer to that is that they had a full quarter of Sovaldi sales along with overseas that they didnt have before, plus there are other companies such as the one that sells Olysia that combine with sovaldi and dont use interferon. also BMY combines with sovaldi. so the key seems to be sovaldi. sales are huge this quarter and just recently plateaued in the US but still have Canada, Europe, japan, egypt and others that we didnt have last quarter
well argoal, I finally got out of my last position in Qcor and Mnk yesterday, still have a few shares of Qcor in my kids accounts that will hold post merger, but my trading is done. even bought back my last puts I had sold. netted a nice 20% return for the money invested in 3 months. still some left for someone else to pick up but I made what I needed, starting to build some houses and needed the funds to pay for them and the development of the ground. Wish you continued success here and elsewhere. Good sparring with you. The unfortunate part is I had another company with a lot more invested that came out and took all this profit away that I am getting rid of also. a small biotech. luckily this covered it. the rest of my biotech is doing quite well. still up 15% for the year so far.
Obama would have to do it by executive order, he doesnt have any support in Congress nor does he ha ve the ability to negotiate across the isle, in fact his arrogance outpaces GW 2 He has no idea but how to be a community hell raiser. 6 yrs and loss of jobs and loss of business in this country because of his
Gorian ideas about a green world and the idea the world should bow down to him. The other countries of the world laugh at us behind our back because of him. Iran plays us the idiot. He draws lines in the sand as a child with no idea of what to do. TOTALLY inept and screaming it is someone elses fault
I have a Mac Pro and I use it 10 hrs a day 5 days a week for online stock trading and research, the apps that I use for quotes use a lot of data under the IOS system. last month I went through 16 gigabytyes .
When I use a Dell or a HP i use a lot less (under 10) gigabytes a month. The overage in gigabytes will pay for the HP I just bought in 5 months and that is why my Mac Pro is sitting on a shelf gathering dust and why I wont be buying another AAPL laptop until they correc t this problem. Dont get me wrong I like my Mac Pro but why spend twice as much and then have service charges monthly in excess of $75 a month The Mac is not that much better to justify that expense. If it used the same amount of data then I could justify using it and paying more for it as I like it better.. This comes from a person that owned AAPL stock for a long time and is still bullish but it is a serious problem for me.
I have disposed of half of my position and my losses are in the neighborhood of 150k, I have finally given up on this and the imminent FDA approvals. When the CEO gave himself and his wife large bonuses over shareholder value that was an end for me on owning this stock. The continued BS about what will happen that never seems to get any closer to happening is wearing me out. I will probably look back in a year and see that the FDAs are imminent still as the stock price is 80 cents
your imagination will eventually be correct. Going back you have been saying this type of thread for over 2 months and so far it is still going sideways to down, trading so far has been the way to go I have a sizable long position but wish I had traded it more especially when the pumpers come out of the woodwork with these predictions that are imminent You need a new crystal ball
I sold all 100 contracts of Oct 75 today half at 23 and other half at 23.20 still holding short 40 $75 puts at 2.125 average for Aug and short 100 $65 puts for Oct
at $3.04 average. Will hold till merger date is announced and then cash out a week before or roll to MNK puts. This has been an excellent trade to date.
trying to close entire position but would rather close short leg first as I expect Qcor to be stronger. but the order is in to close calls and puts on Qcor as a spread but my QCOR oct 75 calls are not very liquid.
I doubt that many are following my move today as I would not normally close out today but I got 1/2 of what I started for and I have 3 houses I am going to build next month and I need the cash and dont want to wait until I HAVE to have the funds, taking profits and booking them and having the cash available to pour those foundations and build those walls. My need for cash outweighed what I normally would do. MNK going down today is a little unsettlingbut I would assume more are putting on the spread as it is still quite good and the announcement today shortened the possible waiting period.
and that accounts for the spread narrowing so much this afternoon, I closed all my MNK short calls around noon and sold all my qcor stock and covered all puts down only to 100 oct 75 calls Qcor and 100 oct 65 puts Qcor booked over 100k on this play in several months. Been a good trade, hope argopuche is doing well also.
I think today was the final blow off not that it will rebound without some really great news but the blow off is over IMO so at least tomorrow will not see anymore of this sell off. The volume associated with todays selling should have washed all the weak hands for now. That said I still think this was a terrible ER and PR report that has drastically altered my outlook for this company. I doubt they can repair that unless some super news is forthcoming promptly. I feel mislead as others and this could be the first time that I would consider being a lead plaintiff in a lawsuit against any company. The increase in Rand D is okay the bonuses are not. They speak much more than the money amount. The fact they own so much only makes it harder to change this problem if not impossible. The character of the people involved has been tainted What I was told by IR was misleading IMO
they cant see your personal margin but they do see the total margin out for everyone together as reported by the brokerages. so they do use the numbers.
read between the lines the employees were mr and mrs odidi not some sluck that gets an hourly wage. Dont be fooled by the wording they are the researchers they dont have a huge staff and they got a bonus last quarter.