It is not wishful thinking as much as I think that a mix of uncertainty with potential market correction could create more pressure on the PPS. Do not get me wrong I still like this company but it was in the mid 20's in OCT/NOV of last year and the run up to the current PPS was probably due to the NDA expectation. Now that the submission has been pushed further into 2015 we could see a minor pullback and a short term lower PPS. That is of course without considering any partner announcement or a NDA filing faster than expected.
I do not think that those are unreasonable assumptions and this is just my opinion of course.... Good luck to you as well.
I agree with you that BB will probably take over and hopefully we will have a NDA within the timetable they gave. I have to admit that I got cold feet and sold 75% of my position to protect my profits. I still think that it is a great investment but with no known near term catalysts and a potential market correction we could see mid 20's before going up that is when I will buy back my shares.
Yeah, I got in ACAD around $20's when it got hammered late 2014 and it has been a great ride! I am not worried about KERX, as many posters have said in the past, it will/should take off later this year!
We have some good comments on this board and I was thinking about investing in VNDA. they have a big institutional ownership, the Bakers are in it, and they have a couple of catalysts between now and June(ish). I especially like the EMEA potential here. I followed MGM and gas on IDRA (so far so good), I missed CRIS and I am thinking about ATHX (thanks stocka) and VNDA. I am not pumping the stock. Any thoughts? Thank you