CFO compensation - no opinion really. I suppose it falls in line with the norm, but I haven't really checked.
As far as the sales go, it bothers me a bit. I've read everyone's explanations - which I appreciate - and I always see the reason and merit in them. Plus, as I've mentioned before, the GIlead execs have been selling all the way up for more than a year, and I don't think there's any doubt they're still going up, after this dip is over.
But I'd feel a lot better if Laura Brege was buying hand over fist, rather than frantically selling everything she has all the time. Hard to feel otherwise...then again, if I sold all my profitable stocks in early Spring, I'd have a lot more money than I do now. So I guess there's something to be said for "Take the Money and Run."
Good Luck on DSCO - I hope you don't hate me if it doesn't work out. I've made some good calls on this board, but I've messed up too - the worst being ZGNX, which has a very much-needed acetaminophen-free painkiller but is being absolutely hounded to death by corrupt politicians with conflicting interests playing the drug hysteria card.
My worst troubles with investing in the last year have mostly been due to politicians, which is sad. I suppose ZGNX could still prevail, but I bailed a while ago.
As far as CLDX...well, when things get scary, people are going to mainly invest in companies that are making money, if they invest at all. ACAD doesn't fall into that category unfortunately, but it's on the next rung down, in the category of companies that have a drug basically ready to go, and will almost certainly be making money (relatively) soon. But CLDX is on several rungs below that - those drugs are all in earlier development, and won't be making money anytime soon. So I'm not surprised by the CLDX dive. It seems to have a certain mystique though, so it will bounce hard someday.
I'll admit I tried to time the bottom at 19.86, only to watch it fall past that.
I figure, on the eve of OpEx, there's just stupid things going on. But clearly there's other things at work, too.
Ummm...I probably shouldn't respond but...what's a "runaway diaper pail?"
I saw the news earlier that their was a Malaysian plane crash, but I just figured, "Well they're always losing their planes." I guess it's different if it happens over Ukraine.
Oh man...it would be crazy! Not being partisan here, just realistic. They actually ran out of bullets for certain rifles back in 2008 - that's how high the demand was. Probably right now would be the time to get in on this. Hard to say what will happen in '16 though.
Yeah, apparently there's been a big drop off in sales. I was surprised to hear that.
By the way, Yellen turned her wrath today on tax inversion...and I happen to be invested in HZNP, which is finalizing it's own inversion. It's dropping hard today, on (probably unfounded) fear that legislation will be enacted in time to screw up their plans. So if you think Yellen's out to get you, think how I feel! I got hit by that woman two days in a row.
I just started paying attention to this a few days ago because they took a big hit after earnings - seems people aren't stockpiling guns the way they used to, but that's probably temporary.
Anyway, their message board is kind of different than the usual because often you get hardcore guys going into minute detail about firears - calibers, stopping power, kick-back etc. It's a pretty funny contrast to the usual MB.
Anyway...might be a buy at that level...and Yellen probably won't get around to bashing guns anytime soon.
thanks - I realized I was putting the word "great" in your mouth after I posted. We'll see about earnings - if they disappoint for some reason, I'm buying the dip, for sure.
We need someone with one of those mail-order Divinity Degrees...or even a small craft Captain's certification.
That would show the Street that we mean business.
I think CBST is a great long-term investment, but why do you think next weeks earnings will be great? I didn't think they'd start picking up til late this year or next.
I'm not an expert though, so I'd love to hear your opinion.
Or maybe not.
Pretty clear someone read Yellin's prepared statement ahead of time and shorted the biotech sector. Disgusting.
You hit the nail on the head. That's the issue...and of course people read these statements before they're delivered.
I'm really disgusted today.
It wasn't her words that caused the biotech drop, it was the shocking personal display and gesture she made to illustrate the word "stretched." It was unspeakable - several people present actually vomited.