A PE of 10 or less? I guess that explains why you lost all your money on your short position.
You really don't get anything about investing do you Arthur?
They are projected to earn $1.32/share next year, so about $38M is expected. Of course they will beat that substantially.
I'm very happy for SRPT longs, but approval on this drug is still a year away. While it is good news for shareholders that the competition is effectively eliminated (which makes it even more compelling to approve SRPT's drug), I still question why the FDA didn't already approve it. There are still major hurdles for SRPT to get through at the FDA, but at least the longs won today.
I won't add yet, as I'll wait for a dip to pick more up. If not, then I'll be happy what I have is appreciating.
The institutions are still buying and will continue to do so, despite what liars may pretend. Facts are facts, and they are there for anyone to look up (well, those who are willing to take the 2.3 seconds to check them).
I called IR & they did not know of any adverse events. They said there has been no material change in their business model to account for he downturn. Everything continues to execute smoothly. No problems with patients coming online. Approvals with Insurance companies continue smoothly. EU starting up smoothly. Japan proceeding as expected. They attributed the downturn to general market forces because nothing has changed with regard to the company.
Looks like Arthur/Censored put up a new alias. Profits aren't years away, they are already going to be profitable NEXT YEAR. - 2014, which is 3.25 months away. All analyst estimates show this.
Sheesh, your lies keep getting more outrageous and easier to disprove.