You really expect this to be worth 6 times more than the whole of MRK with a single drug? You should mortgage your house then, and load up the credit cards.
What a dreamer! $1k a share without any further dilution would give it a $500 billion market cap. MRK is only worth $160 bil. Stop the nonsense! If it gets back to $10 you should consider yourself very fortunate.
Stop worrying about the shorts. Worry about who wants to go long more.
That's fine & well, but the company needs to come through too. A short squeeze is just that without fundamentals. Most people on this board wouldn't sell anyway with some of the ridiculous price targets they've put out here.
I posted to the NVRO neuromodulation site. Thought on this and liked it @ $4.60. I'm taking a trade in the $6+ area on most & keeping some. Good luck to all!
To whoever gave me a thumbs down for my idea. Sorry, just sold most of it @$6.20 for a $1.60 profit in 3 days. I'm curious why you didn't like it. Are you the CEO of NVRO?
But MNKD doesn't have the cash to market it.. And Receptor Life Sciences is just a pretty webpage.
I'm starting to nibble on NVTR neuromodulation stock the spin-off of GB. It's currently trading around $4.60. The company has 10.25 million shares outstanding. GB funded it with $75 million in cash, debt is around 10% of that figure. It has FDA approvals and should be ramping up sales this year. The stock has gotten trounced my guess is nobody wants a few shares, due to the 1 for 3 spin-off ratio and the market cap is low compared to GB. . Good management team. The company purchased a minority stake (11%) in it's main subsidiaries for $16.7 mil. in the 4th quarter of '15. Thereby valuing the whole at approx. $150 mil. The company is currently trading for a value of $50 mil. The only thing I don't like is the competitive space & the fact that GB is doing it's manufacturing. Take a look. I think it's interesting.
I think a problem might be POM filed for a rate increase for Atlantic City electric today 3/22. That breaks a provision that they don't file for increase while EXC trying to acquire it. Is the deal dead behind closed doors? Stock action today hopefully beginning of final washout.
Not sure why I've been trying to provide Mary Cheh's the Washington Councilwoman's website since you posted the mayor's & it keeps getting deleted. I wanted to thank you for the mayor's info. Here's Mary Cheh's:
Office of Councilmember Mary M. Cheh
John A. Wilson Building
1350 Pennsylvania Avenue, NW, Suite 108
Washington, D.C. 20004
Phone: (202) 724-8062
She has a website too, but I think that's why my messages have been getting deleted. It can be found by doing a search.
I hope they realize that many of their constituents poor & affluent probably own POM either directly or indirectly through their pension plans. They have destroyed approximately $1.2 billion in market value arguing about less than $100 million. Guess votes are more important than enrichment. Typical government dummies!
The same thing happened back in 2004 when EXC tried to buy PEG. It took 2 years and the deal fell through. I was glad as PEG has been a wonderful investment since. Don't forget POM hasn't filed a rate increase since 4/14, and I would hope they have one prepared in case the deal falls through. At these prices the stock probably would have appreciated to this level already from 2 years back. The 4.8 yield provides nice downside. Even if it's cut most utilities yield under 4% right now. I've been a buyer since this last deal breaker, and will buy it further down if more irrational & arb selling comes into it. Best of luck to all.