I hope you shorties end up pan handling for the rest of your lives.
I'm a true capitalist and respect your right to short but talk about bad karma?? Shorting companies that are trying to end pain, suffering and save lives? Man that is just asking for a reaming.
May you need KY Jelly to ease the friction.
My issue is this. With news that sounds so positive, the stock should rally but if it doesn't many will sell and at best, keep us unchanged.
One of these days....
I appreciate your response but my question is one I have asked for ages. If I'm a patient or know someone who would be more than willing to try the therapy, why does the FDA even question me about wanting to go on the drug immediately? I'm dying so who cares what the drug does to me? Let me either live longer on it or help the company make the drug work better by using me as part of the trial.
Move it on and stop the red tape.
Looks like Aldo is working well but I agree with the prior poster who stated that the press release was worded strangely. Not sure what to make of it as one would thing that CYTR would just ask the FDA to move the drug to P3 ASAP or even approval with monitoring of patients. A bit of a head scratcher.
Baupost's filing just confirms what all of us longs have believed all along and that is that KERX is extremely undervalued.
With an approved blockbuster and an attractive takeover candidate, we can make a lot more money here if we just stay the course and remain long and strong.
I have been in KERX since 7 bucks, adding more all the way up to 14.25. I firmly believe that Xenerex (or whatever it will baecalled) is going to be a massive blockbuster. Dialysis just seems to become a bigger and bigger part of so many peoples lives and the iron reduction benefit is just an amazing "side effect".
I am locked and loaded here and plan on holding for a long time, or til they get taken out, which I believe will happen within the next 12 months. Just too much value for bigger players to pass up.
NOTHING is easier than to be a biotech basher. Just look at how hard it is to get a drug to market and the odds of doing so. Guys like AF just bash and bash because unfortunately, due to the law of averages, most of the drugs fail so of course he will be correct most of the time and people will actually think he knows his #$%$.
Just due your own DD and buy what you think is a winner...like KERX.
22 is a joke. If I'm KERX, I don't sell until there is a bidding war. The patent news was the real issue holding the stock back and not the labeling.
My average price here is around 14.25 and I plan on watching that hit 25 within the next 3 months. Then from there, the bids of 40+ start coming.