...with the earnings report, I think it looks pretty darn good...big bump in cash to almost $2 a share...debt eliminated entirely...increasing revenues and earnings...book about 10-11 dollars a share -- although about half of that is goodwill...all in all the company looks very promising for a long term investment...
Sentiment: Buy
...jeezus, man, unless you WANT your radar to identify five star clusterf__ks, I suggest you recalibrate it!...
...AVEO is just another "copycat" biotech...whenever one company manages to move an "ib" or "ab" or other drug past the FDA, then here they come like so many roaches touting their own "this-ib" and "that-ab" etc, etc...
...the company has a big wad of cash for sure but will burn through it within 4-5 quarters and then what?...
...and look at the salaries, benefits, bonuses, and perks management is paying itself -- geez, how do they even look themselves in the mirror in the morning?...
...not to mention, look up the history of the clown currently leading the company -- "Tuan Ha-Ngoc" -- who founded and ran a company called "DeNovis" before coming to AVEO:
"DeNovis software once attempted to change the medical-claims world but ended up shutting down instead. It raised $125 million in venture capital and had 110 employees. Unfortunately, that wasn’t enough, and this promising solution simply didn’t have the cash to hang on until the software could be launched."
...even ignoring that, the guy has ZERO experience taking drugs through the FDA approval process...
...I mean, maybe if you want to play a dead cat bounce, there might be something there, but otherwise I'd have to advise, "RUN AWAY!, RUN AWAY!!!"...
Sentiment: Hold
...break out the vaseline, boys!!...bound to be a GOMER circlejerk party tonite!!!...of course, it's BYOB since the GOMER bagholders can't afford a free bar!....HAW, HAW, HAW!!!!....
Sentiment: Strong Sell
...amen, brother!...amen!...don't know but I do like it!...however, I hate to say it but I'll probably lighten my load a bit on this rally...it may be earnings release speculators horsing around and if earnings don't bring in some serious buying, then I'm afraid I might get stuck with mud on my face....
Sentiment: Hold
...HAW!!!....yeah, and if anyone listened to you and ignored me then they'd be DOWN about 30% in the TWO MONTHS since you posted your stupid comment!...HAW, HAW, HAW!!!!...
Sentiment: Strong Sell
...I said yesterday you could expect a stream of meaningless press releases to start anytime now since HPTX would want to stem the bloodletting!...and voila!...this morning they kindly oblige with ONE press release announcing they're acquiring rights to buphenyl and ammonul and ANOTHER press release saying that they acquired "orphan drug exclusivity" for ravicti!...
...well, considering they anticipate having only five HUNDRED patients REGARDLESS of whether they're selling ravicti or buphenyl, you have to wonder exacly how much value there is in having "orphan drug exclusivity" -- right?...
...an then again, if ravicti is all so special why does HPTX want to acquire rights to its competitors buphenyl and ammonul?...why pay MILLIONS of dollars to acquire rights to drugs when YOUR drug is allegedly so superior?....
...and did you notice this is starting with the earnings report due within the next two weeks?...
....and the wheels on the biotech bus go round and round!...round and round!...HAW, HAW, HAW!!!...
Sentiment: Strong Sell
...at "fields59" brilliant explanation as to why HPTX has dropped over 25% in the past month:
"down days like this are often very rough on small cap biotechs."
...ohhh, wait for it!..............just hold on!...........can't keep it in any longer:
HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW, HAW!!!!
....oh, man, that was a relief!..HAW!!...
....of course, the FACT that the company itself admits it will have only five HUNDRED patients who will be buying its product and the FACT that MOST of them depend on Medicaid to pay for their therapy and the FACT that, in consequence, HPTX will be FORCED to sell its product at a substantial DISCOUNT -- I guess that none of that had anything to do with thr drop, huh?...
...and ditto for the FACT that it was Brenda Sandburg of Elsevier Business Intelligence who pointed out that based on current numbers, revenues for HPTX will likely not exceed 30 million dollars?...
...and ditto for the FACT that Rhonda Greenapple, founder and CEO of Reimbursement Intelligence, said, "If they can show patients on their drug are more adherent and have better health outcomes, it’s worth the money. In order to be really successful they would need data behind it." -- the problem being that so far HPTX has absolutely ZERO data to support any claim of superiority which is why the FDA FORCES HPTX to include a disclaimer on the drug insert saying that ravicti is ONLY "non-inferior" to competing products?...
...and ditto for the FACT that dose adjustment of ravicti is based results of a test for levels of urinary phenylacetylglutamine which the FDA will likely FORCE HPTX to file a 510k application which will take time and money to complete?...
...NONE of those matter?...why, of course not!...at least not to SUCKERS!...HAW, HAW, HAW!!!!...
Sentiment: Strong Sell
...oh!!!...I know!...I know!!!...call on me!!...call on me!!!...
...ahem!...it's because sh_t is heavier than the empty bag of gas that stock jobbers are trying to pass off as HPTX!...
...feel free to read all of my previous posts for all the dirty sordid little details!...
...HAW, HAW, HAW!!!....
Sentiment: Strong Sell
...I reckon investors just don't welcome meaningless press releases they way they used to!....
...why, I remember back when even a mediocre meaningless press release was good for a 20...30...even 40 pre cent!!...jump in the price of a biotech!...
....i reckon those days are gone now!...darn investors now won't tolerate just talkin' the talk!...
...nope!...now they expect to see some REAL walking the walk!...real honest to god customers walking in and buying stuff!...silver crossing palms and all that!...probably for the best though in the long run...
....well, I reckon I'll pour myself a stiff one and go out on the back porch and reflect on "omrastupid" and "scubamoron" cryin' themselves to sleep tonight...HAW, HAW, HAW!!!!...
Sentiment: Strong Sell
...on good volume -- good for this thinly traded stock, that is -- is favorable...maybe it'll raise the stock up onto a few higher powwered radar screens and attract some seriously needed attention...
Sentiment: Buy
...I saw $20.15 cross the tape!...I guess at least someone's getting nervous!...next thing you know you'll see the beginning of the stream of meaningless press releases -- just like OMER's been doing -- to try and prop the price up...fortunately, the street -- as demonstrated by OMER's miserable failure -- has wised up to such nonsense...
...now the question is where will HPTX find support -- 20, 15, 10, 5, or maybe even lower!...
...and when you consider the customer base:
"We estimate that the number of individuals in the United States with UCD is approximately 2,100, of which approximately 1,100 are currently diagnosed and approximately 425 are treated with BUPHENYL, and 90 are treated with Ravicti. Of these, we estimate that approximately 60% are children and 40% are adults."
...wow!...just think!...your company depends upon all of five HUNDRED customers -- most of whom depend on MEDICAID to pay for their therapy!...now that oughta produce soom BOOMIN' sales figures!...
....more ESPECIALLY after HPTX announces that the FDA will require a separate 510k approval for the urinary phenylacetylglutamine test that is REQUIRED to monitor appropriate dosages of the drug...and since HPTX doesn't do the test themselves, they will have to find some lab willing to undertake the onerous task of gaining approval even thought the lab itself might never see revenues from the test...
...oh, yes, that little announcement will certainly take a lot of the wind out of HPTX's sails, I should think!...
...don't you agree?...HAW, HAW, HAW!!!!....
Sentiment: Strong Sell
...according to Yahoo's calendar...could be pretty interesting..the stock seems to sit very low on radar screens...a positive surprise could send it flyng -- or not...in any case, it has fundamentals that give it solid support around 23 and a decent yield to make it worth holding....
Sentiment: Buy
...beggin' yur'pardpn, there, good buddy!...my first post pointing out what a scam HPTX really is occurred on 2/4/13...
...at that point, HPTX was trading at $19...the stock jobbers then proceeded to work their magic and got it all the way up to $26...
...perhaps having run out of naive suckers that bought their pitch, they now appear to be bailing off the proverbial SINKING ship like the rats most of of them are....
...and considering that HPTX's TRUE market cap shouldn't be more than the 30 million MAXIMUM expected revenue from sales of a product that has less than a thousand patients, most of whom are dependent on medicaid for their drugs and that competition is looming from overseas, I'd say HPTX still has a good 16-17 dollar drop ahead of it...
...so there!...HAW, HAW, HAW!!!...
Sentiment: Strong Sell
...kinda impressive, huh?...at 2 pm I post how HPTX at $23 looked like it was turning into wet sphagetti and what it do but proceed to drop like a rock to close down 10%!!!...BOO-YAH!!!....
...be sure to tune in tommorrow for further amazing feats of mesmerizing prestidigitation!...HAW, HAW, HAW!!!!...
Sentiment: Strong Sell
...wasn't it?...one second your're cruising along at $4.10 and next thing ya'know there's a brick between the old eyes and once you're back in focus, you're suddenly trading at $3.99!...
...man, that's just gotta shake yur'confidence just a little -- what with it happening in the face of the extremely important announcement about being able to apply to EMA for European approval...
...unless, of course, that announcement really only anounts to two words -- "jack" and "s__t"...HAW, HAW, HAW!!!!...
Sentiment: Strong Sell
...."There’s something happening here....
....What it is ain’t exactly clear...
...There’s a man with a gun over there...
...Telling me I got to beware..."
...yep, I keep hearing this funny creaky, cracky sound!...
...you know, the kind of a sound a particularly large POS makes just before it comes CRASHING down!...
...HAW, HAW, HAW!!!!....
Sentiment: Strong Sell
...for a company worth investigating...trading at around $19 with a hideous bid-ask spread...yield approaching 4%...book value around $28...steadily improving balance sheet with respectable earnings of around $1.60 a share...a value play with potential for acquisition rather than a growth stock....looks worthy for someone with long investment horizon and low risk tolerance...
...besides, Abrdeen is a great town...yep, years and years ago I shot a man up in Aberdeen...fortunately, the place was apparently so obscure that the cops couldn't find it!...ended up sitting with some friends of my mine on an overpass watching blue lights swinging back and forth, back and forth...
Sentiment: Buy
...MEANINGLESS press release!!!...HAW!...this time they say:
"...confirmed that the Company's planned Marketing Authorization Application (MAA) for its ophthalmology product OMS302 can be submitted and reviewed under the EMA's centralized procedure."
...well, bless the EMA's heart!...that was so kind of them to allow GOMER to actually file an application for consideration at a future time in a galaxy far, far, away...
...speaking of applications, wasn't GOMER supposed to have submitted some kind of NDA for OMS302 to the FDA?...they seem to be running a mite slow on that issue, don't you think?...
...maybe they're worried about what they'll say when the FDA asks what benefits does OMS302 confer versus already available generic eyedrops....coming up with some good answers to that question might cause some serious consternation amongst all those well paid GOMER scientists...
...well, we're bound to find out sooner or later...presuming, of course, we can survive the deluge of meaningless press releases...by the way, GOMER's down about a dime as I type this -- I reckon the street knows a meaningless press release when it sees one, huh?...
....HAW, HAW, HAW!!!!...
Sentiment: Strong Sell
...the wonders of wall street stock jobbers nevr cease to amaze!...
...it's been along time since my last post but to refressh everyone's memory, DCTH's "system" can already be constructed with items off the shelf ftom enry Schein; two fersions of the system are already approved in China but were no one uses it since it doesn't seem to increase quality of life or survival rates...you did notice that no one on the planet seems remotely interested in partnering up with them?...you did notice that, didn't you?...
...well, anyway, I just stopped by to have a laugh a two, and I'll take my leave now!...and remember to always try and keep a smile on your face no matter how much money you keep LOSING!...HAW, HAW, HAW!!!!!...
Sentiment: Strong Sell
...new high territory...and we're talking the highest it's gotten in two years...be nice if it can sustain it and catch up with the rest in its group...on a comparison with its peers basis it should be trading around 19-20 bucks...
Sentiment: Buy