once again the insults the hate poors out of you -- take it easy relax -- nawwww screw it -- go for the hate dude.
who are you trying to convince -- the nay sayers neo and pearsby. i have decided not to waste anymore time replying to anyone. srpt is a done deal. i'll sit and wait for feb 26 16 for the approval. the naysayers keep posting the same drivel over and over. i am not waisting anymore time. adios.
i thoght comments like berg would stop given the addtional data coming in october, the fda nda approval and more importantly the accelerated approval. in the fda world this is as close to a lock bet as i have seen it.
usual lefty bs -- if you can't engage in the conversation because you have no solutions throw out the insults -- racist, bigot, homophob, ageist, mysoginist blah blah blah
ask yourself this -- was that the true bottom for the market. my experience is that it goes down then recovers and then back down. it is called lower highs and lower lows on the way to the true bottom that no one can predict. so cldx will go where the market goes, at least until the middle of 2016.
i have suggested this to all of you. sell your cldx and buy srpt. srpt has three major events between now and next feb 26 -- new data release in oct, an adcom in november and the fda padufa in feb16. it will be over 100 after the approva in feb16l. then come back to cldx in march or april 16 to the run up here. the price of cldx won't move much until then. that is my plan but i already sold my cldx awhile back and bought srpt.
Oh weelllll - i will try to show you -- i did not say there is a one to one correspondence on the calls to the shorts. There are and i say it again professional shorts that use calls as insurance. There are also professional short that naked short -- no calls -- don't bother telling me it is illegal. If you just look at the january 2016 call list you will find calls that would cover about 2.5 million shares. If you want to do some work and guys like you never do -- you just say i am wrong go add all the calls out to the end of time i'd bet that it would cover 75 to 80% of the short.
As i have said in another post they are going to get about 500 million in cash and if they gave srpt 4.1 billion, 100 per share, they could give us the 500 million and about 35 million shares of bmrn and that would make it 4.1 billion -- 35 million newly issued shares is not that big a deal for a company like bmrn -- but as someone immeditately pointed out to me is ---"that will never happen" -- with a lot of substance to bake it up.
i don't believe in short squeezes. the professional shorts will short a stock down to a target and then buy calls to offset the risk. that is why there are still a log of shorts but there are also a lot of calls.
neo is pro bmrn he is always spreading fud.he says he also likes srpt but there is always a backhand slap to the face of srpt every time he post. i stop engaging him and the every lovng pearsby (sic). it gets nowhere. both of them keep posting the same bs over and over.
My understanding is that formal communcations are faxed. My understanding is that it is in the afternoon after they call the parties and tell them the fax is on the way. When the management releases it is up to the manangement within the legal guidelines of material information. I hope they do it at 925 tomorrow moring to prevent the #$%$ shorts from manipulating the price down in the pre market. Finally, the fda has until tomorrow the 26th --- i think.
Down in after hours with about 100 shares. They want to keep it as low as possible to minimize the upside when the pr is realesed which will probalbly be tomorrow.
geeeee i am suprised you didn't say the nda approval was already baked in.
how many times do you or others on this board say ---blaha blah blah aint going up.
and with that why are you here?
two years ago with not as much going for it srpt was in the mid 50's. after it gets the fda to approve the nda today or tomorrow, which is #1 of my big three events there is no telling where the price will go. some smucks say the approval is "baked in" . so it depends on what the major shorts decide. do they say the game is over and start to exit or do they try to hold the upside back. i don't think anyone can give you an accurate answer. it should be 40+ but with 40% short on this there is no telling where it will go.
Amazing how they can hold this down. Will be interesting to see how it moves with the fda approval of the nda announcement.