Just read it. I was thinking that the small bio's have corrected pretty good already and I she stated that. So why pick on bio then? I know some bio isn't worth a single penny, some are fairly priced and some may be pricey as their drugs will get marketed most likely. Seems about the same in every industry, right? Well…….just another market occurrence that lets people buy in to the good bio I guess.
Yup. Sad isn't it. And you know bio is always the sector they target. Easy fast money in a short if you know the attach is coming. And its Great for those waiting patiently to buy in to the really good bio's though.
When I first heard that they were allowed I thought they were talking about a banana republic country. I guess we know who held the heavy short positions in bio now. USA is as crooked as any other. The drug companies that get their drugs approved will be fine. This is just another way the market offers cheap shares to those waiting patiently.
CEMP is a double in 7 months.SOLI CAPD phase 111 results do in appx 7 months. There are a few catalysts that are off radar coming very soon. When they announce the STD phase 111 any day now it will get good press as it had 100% cure rate in phase 11 which no drug has had as far as I know.TAKSTA phase 111 protocol any day now and it is almost a lock to get approved since it has been used in other countries for years now. Soli is blockbuster as ZPAK is not effective anymore and other antibiotics ( flouraquinolone)kill stomach flora which causes high C. diff and have high death risks and also tendonitis. SOLI will get premium price do to these factors and the awesome anti-inflammatory properties.
Bought more today. Im locked and loaded. Ok Ms. Fernandes……..you may sell CEMP for $25 a share now.
Its on low volume but still kind of weird.
Put yourself in the shorts shoes. A squeeze can be created in so many ways. Could you sleep well being short in ACAD? If there is a 7% correction coming, it may be the last chance to get maximum return if you are short. It is my contention that the time is close at hand for the covering to begin. From my screen the short position is already 6% lower this month. All bets are off if a hedge fund has inside info to a labeling concern. The market is full of crooks.
Could be any news……any day now……and …..only days now until filing………Me thinks shorts will cover on this market correction happening in July. Im buying my last block this month.
You found a good one here. There will be volatility until phase 111 is finished. We are only in the 7th inning. CEO stated they are happy with the trial so far and it is 70% complete. That is a nice thing to hear.She also stated the STD trial had 100% recovery which has never happened before as I understand it. A new powerful antibiotic that has a very strong anti-inflammatory composite that doctors will prescribe over those that don't. This will be close to a billion dollar drug. PPS of 9.60 is very cheap for a drug in phase 111 with the data we have imho. Good luck to us all.
I figure the traders are out from the last upgrade and CEMP bounced of the 50 DMA so I picked up some more today. No hurry to get fully invested here but 8-10 isn't a bad place to add to my position.
Either way shorts will cover soon. Not worried.
What the heck did they tell the buyers of the $14 offering? Did they say " we need to verify tests for 5 yrs before we can make any money, and payers may take 5 yrs …...so please give us money anyway" ?
I see shorts massively covering real soon. Maybe even news of some sort. YIPPEEEEEE