Nice knowing you Craigster - you will be reassigned by your "handlers" Monday morning - see you in another stock with another alias. Adios dirtbag
Actually if they got approval this afternoon they would announce Monday morning - all great news is released on a Monday!!!
Could double, triple or quadruple from these prices by Dec. 31st - mark this post
This is jus manipulation that needs to be taken advantage of. I've heard great things are about to happen. Not only is Macrilen getting approved but another announcement of a 2nd partnership is on the doorstep. Macrilen has a market potential of $200,000,000 and we have $40 million in cash and no debt. That means no large financings and no way for shorts to cover, they're trapped and are about to have their berries SQUEEEEZED!!!
Sentiment: Strong Buy
Out of town travelling until tomorrow night, computer on the fritz and just iPhone working!!! Stupid dog (short) tricks today. shorts seem to have pulled out all the stops (literally) as they did on the bear raid a week ago. That's why I always keep dry powder and take advantage. My buy average after doubling down last week at $.86 is under a buck. Tomorrow I will buy more. Approval is a lay up, the study was under a SPA (special protocol assessment) and was highly statistically significant. Macrilen is WAY, WAY SAFER than Insulin injections and FDA always approves safer drugs (safety over efficacy). Finally my homies at HC Wainright are obviously up on the process and the "labelling discussions" that are going on. Even WITHOUT MACRILEN we are undervalued as we are pretty much trading near cash. Our Phase III asset, pipeline and commercial sales force and partnerships are being valued at zero - that means there is no real downside here (maybe another dime) and about 500% upside. Investing is all about risk / reward and the reward far outweighs any risk. No brainer as far as I'm concerned. Good Luck Longs - see you tomorrow night or Friday!!!