Agree. TheFlyOnTheWall post: The FDA wanted Rockwell Medical to perform a second study confirming the benefit of Triferic for ESA-sparing, Bloomberg reports, citing an interview with Rockwell CEO Rob Chioini. The CEO said Rockwell isn't planning a second study as he expects dialysis centers to switch to Triferic from IV iron without ESA reduction in the drug’s labeling because it will reduce costs and has better safety, Bloomberg adds
I haven't heard any ads on CNBC today, has anyone else heard them?\
How can they report earning beat this morning, and the operating loss news doesn't come out until after 11 am? I bought this morning after the earnings beat!!
LQDT is meeting with Oppenheimer this week. I expect Opp. to say buying opportunity as they have whenever this stock has dipped in the past:
June 18 "Liquidity Services sell-off creates buying opportunity, says Oppenheimer
Oppenheimer believes that Liquidity Services' Government Scrap Sales are trending above the high end of guidance. The firm raised its estimates and maintains an Outperform rating on the shares" per FlyOnTheWall
Achillion weakness due to filing misunderstanding, says Wells Fargo
Wells Fargo believes the weakness in shares of Achillion today is based on Form 4 filings issued yesterday on transactions by two of the company's venture capitalist shareholders, Domain Associates and Clarus Ventures, both of whom sit on Achillion's board. Wells believes the sales are not cause for concern and points out that the filing by Clarus Ventures actually indicates the firm is adding to its Achillion position. Wells Fargo believes the pullback in Achillion shares today is a misunderstanding, which it feels presents a buying opportunity. :theflyonthewall
I still have $20,000...& paid way too much...just gotta hold and see what happens...in another market I'd write it off....but against what?
Appreciate the favorable info. from Barrons. I thought I heard $15 forecast mentioned on early morning financial news yesterday, so I finally bought into LGF. Naturally the stock took temporary nose dive. Glad to know I'm not going crazy.