"you never know what the crazy Iranians might do or how the budget and debt ceiling negotiations will go in January and February. Marucci was wise to raise money now because with that money in hand he can make certain plans for aggressive development of the pipeline with no funding concerns whatsoever."
I could not agree more. I appreciate that AM removed any funding concerns off the table for the next half decade. It is all about the science now.
"They just diluted your shares by 10% and repriced the stock accordingly. If I own a mortgage on a home and the mortgagee goes out and gets a second, the fact that he now has more cash in the bank does not make my mortgage more valuable. Quite the contrary, in fact."
Your analogy implies that shares are a material debt....which...well......are you simply Frank using another moniker?
"YOU VOTED FOR BHO too...having BUYER REMOR$E are we Sum especially around Holiday Time?"
Are you kidding? The market has doubled, the economy has rebounded from complete freefall, and my family's net wealth has risen 5 fold since Obama came into office. Obama has been useless in many ways, particulaly on social issues, but 'BUYER REMOR$E' with your child-like emphasis on the $ - certainly not there, nor does anybody who had money to invest and a brain to use that investment back on 1/20/09 when Obama came into office. If you (which you clearly have, given your comments), have not had the best 4+ years in the market of your life....you should not invest in the market.
"she would never spend $800,000,000 on a FAILED ACA Website"
Nope, but her extended team was happy spending this amount EVERY COUPLE OF DAYS on average for a couple of wars trumped up almost exclusively for wealth redistribution (one mostly, one entirely). You are a special level of stupid if you don't realize that the failure is primarily that nowhere near enough resource was spent to get this one right.
"attempt to take over 1/6 of US GNP in HC"
This one is even dumber than the first note. This is like saying W. took over the Pharma industry with Part D. Takeover would be single payer. Obamacare is a huge influx of funds to the PRIVATE sector. Good lord, Frank, you seem to getter dumber by the day....must be early-onset dementia.
"Barney, what countries are those you dummy?
Taxes in Europe at greater that 50% but you think it's free????
We pay top rate of 35%. That leaves you plenty to buy the plan you want.
The poor get it free through Medicare already so where is the benefit??"
Oh wow...this is just getting sad. I'm going to get back to work. Totally off topic - we are in the green.
"collectivism, wealth redistribution, and Government control of private companies and property."
The irony of your last two posts are too much to ignore, old friend. You do realize that the above (which you attribute to Obama) are precisely the behaviors that Alaskans like about Palin. The rest of her very brief stink was a wash, but people in AK loved just how socialist she was, particulaly in terms of taking money from the private oil companies and giving a piece to the population. Prior to McCain pulling her into the spotlight, Palin was America's most socialist governer. In stark contrast, Obama is one of our country's most capitalist presidents in history. Judge them on their policies, not their rhetoric. You should know this, db.
To be fair to him (which I have a distaste for), this does remove the only arguable overhang on the stock by permenantly removing funding concerns, and doing so in very non-dilutive fashion (keep in mind these shares are sold at 3x what we could fetch a few months ago). CLDX just made the second to final step to becoming a legitimate drug marketing company...not just a buyout target or spec bid. Very exciting times!
"I know ALXN and CLDX is no ALXN and wont be for many years"
uh....yep, CLDX looks a lot like ALXN 3 or 4 years ago, not ALXN today.
The secondary seems to have brought in the stupid....like putting out the bug zapper in the early summer...
"I paid $2.00/share for my 1M shares.. you go ask your mommy to figure out which is the better number ?"
AWESOME!!! You bought $2 million worth of a stock at a lower price than it has ever sold for, made $20+ million profit and you still post on MBs with us schlubs! You're the best!!...moron.
In spite of the hard push, we still ended with a black candle. All in all, today's action is very, very bad news for shorts. They have completely run out of ammo.
"$100 within 2 years. CLDX is like SGEN and Alexion combined"
Agreed on both points. I still think that CLDX will buy SGEN in a couple of years to round out the platform, though it is distinctly possible they will simply go it fully alone, given the extraordinary depth of the pipeline. We stand at ground level of a monster, here. Feels an awful lot like it felt in AAPL a decade ago. The real run is not too far off.
I still say 2-3 years from now they consider buying SGEN. The combined company will be well on its way to CELG status, likely 15-20B MC post acquisition, and easily 45-60B MC five years from today. The platform here is revolutionary - many still are failing to grasp the degree to which we are talking because they haven't really read through the science. Taking all funding concerns permanently off the table, with this move, is a financial game changer. The science is now free to roll.
"Red is bad. Stop praising the company ! it is annoying. We need people like boston1773 who can give a honest opinion on this stock."
Don't forget mabio. He is equally as objective.
"Yes, it really is silly to expect the offering to be priced above today's market close. The MM's were suggesting 25.80 after hours. The options pricing suggests 25. If you want to sell a lot of anything in a small time window - pies, baseball bats, jackets,or shares - you mark them down."
People said exactly the same thing back in February. Few are still happy about their $7/share shorts.
Agreed. Not sure why you're getting thumbs down on this one. It is responding exactly the way it did upon the spring announcement. I think the upside move following this one could be significantly greater.
All funding questions have been answered, non-dilutive, multiple products will be on the market, and it is very likely CLDX will be well in the green, fully owning all of its platform. Last spring, they took a little uncertainty off the table with a secondary and the stock quadrupled. This one takes virtually all uncertainty off the table. This one is a major game changer. I said it last time, I say it again - you will never see these levels again. This dramatically increases my price view moving forward.