You must be very naive ...... insiders are NOT ALLOWED TO SELL SHARES 4 WEEKS PRIOR TO EARNINGS AND 4 WEEKS AFTER EARNINGS. Whoever started that rumour is a TWIT ! Perhaps they may have sold it 5 weeks back.
What's your point ? Are you not a "retail investor" ? Where is the rumour, do you have a link ?
I am not sure of the impact from losing the private hospital revenue. The percentage of revenue lost is all over the map. If the impact is significant, BIDU is headed lower however if the impact is insignificant or offset by other revenue stream, then it will pop big. I don't know how to trade this going into earnings but I do know it is best to be hedged.
Expedia will set the tone on Thursday. PCLN usually runs up the week Expedia reports. I am expecting a couple of positive analyst comments next week as well. Let's see .....
coolfred ... I didn't want to waste my time reading Seeking Alpha's article. The people who write for them are just average Joe's off the street. You can also write for them if you wish. I wouldn't read too much into their article even if they have great things to say about ICPT.
The first quarter wrapped on Tuesday with the Dow falling 200 points.
And at around 9:00 p.m. ET on Tuesday night in New York, US stock futures were taking a major leg lower.
The only major news in markets on Tuesday night was manufacturing data out of China, which showed unexpected expansion in the country's manufacturing sector, but indicated that growth still remains sluggish in the world's second-largest economy.
In a note following the report, Bill Adams at PNC Financial said:
"The pickup in the manufacturing PMI was concentrated among larger firms, likely reflecting expectations of stabilizing demand from China's construction industry. In both the manufacturing and non-manufacturing surveys, a majority of surveyed businesses reported net declines in payrolls from a month earlier in March ... While we hesitate to rely too heavily on the PMI employment subindexes, they seem to show the labor market weakening and the output gap widening in China."
Each of the major US indexes was down more than 1% near 9:30 p.m. ET, with Dow futures falling more than 175 points, S&P 500 futures dropping 21 points, and Nasdaq futures off 52 points
Meanwhile, Nikkei futures, which can sometimes drive US futures lower overnight as markets in Asia are open, are off about 1%.
I buy intercept at $35 in January 2013. I very happy now, how your Genfit doing? :)
Sentiment: Strong Buy
Heard something on CNBC but didn't catch the whole thing.
wally, whatever you are smoking must be very good .... the market is roughly $30 billion for this drug, of course, if approved.