Based on past price level prior to Merck deal pps likely to be around $3.00 upon opening.
Try to buy before halted.
Also, symbol ARQL. NIH confirmed efficacy and safety for liver, prostate, uterine cancers. Most researched and tested molecule in industry so Novartis will acquire this company without a doubt and it's a matter of when now. Based on rev projection on approval of drug would be $18-21/share within 2 years. That's an extreme opportunity. See the list of continued insider buys and very savvy purchases via SC-13G filings.
etrade not allowing purchase of OPXA, have to call it in so they are trying to buy up all the shares before it rockets. Wonder if any other olbs are not allowing purchases online.
FD: sold 88,000 shares of GENE at 9.31 thru 9.25 today. Entry was .40 thru 50 last year, and the rest at .70 thru 1.15 last month. No more paper gains, locked it in and will continue monitoring. Hope some of you have made a great 2015 out of this one! So so many great trades in the sector now....WOW!!!!
no one will be able to catch the immediate rocketing in pps, let alone own that profit. Something to think about, it really doesn't matter to me. Cheers
Amen, i recall their journey very well as well as so many others over the years. I could write about 50 or so and i probably should start a blog or something like AF because I have been asked and encouraged to do so on many occasion. Fwiw, I've profited enormously in EXEL, KERX, PCYC, ICPT, PBYI, DNDN when it went from 1.70 to 11.00!, etc, etc. Most recently and enormously in GENE, and the % gain is a whopper!, (i sincerely hope you rode some of that wonderful ride as well). I still hold 30,000 shares of RAD since 1.15 if that gives you an idea of where and at what pps i look to profit the most. So VGLTY and thanks again for all the thumbs up to posters like yourself who are conscientious enough to keep it REAL. The thumbs down, as I'm sure you know, are from jokers, serpent tongued talkers with a personal agenda, and unfortunately from a few who are bewildered and have yet to learn the way the market has always worked which is shortly after its inception (by the Dutch which my ancestry comes). Cheers
Sentiment: Strong Buy
They're in Acadia now and will be LOADING up the coffers with Prana stock starting tomorrow. I've been investing and trading the biotech space longer than AF. I actually met the man and spoke with him at a conference for the better part of an hour several years ago.
This development is ALL to fleece, so pay attention and think outside your box. Acadia, for those who weren't posting years ago and following it daily as I was at .70 , repeat, 70 FREAKEN CENTS, had to play all of the same non sensible, ideological games with the FDA for a long, long time. It is NO different here, especially if you read the letter and have spoken with the CEO as I have. As a previous shareholder and soon large one, I will speak with him tomorrow, if available, or next week, guaranteed.
There is not 1 of you posters here who were on the ACAD mb when it was truly by unanimous opinion considered a complete and utter failure. Fwiw, I quickly clicked back 15 or so pgs during the cherade of posts tonight and noticed no one familiar so I seriously doubt anyone being able to claim attendance to the ACAD mb during their days of near death. If, by slim chance, you were around then, well you know I don't need to apologize because you know exactly the depth to which my experience has been.
I can say proudly that I held 40,000 shares of ACAD from .70 to 23.00 SMACKERS and I only sold because of the extreme volatility and new opportunity in other lessor priced stocks.
So tomorrow, as most of you lose your senses (and some their honesty), I will purchase 50,000 shares to HOLD as I did with ACAD for at least 1 year to reap the lessor cap gains on what I believe will become another huge gain. I'll leave, as i did on the Acadia mb, the sophomoric opining about science to most of you fools who spend countless unpaid hours of your time posting back and forth day and night, 365/yr
GLTA, but if you honestly relate with the $$$ I and others have made over the yrs in bio, then keep it REAL!
Sentiment: Strong Buy
just saw that insider purchased 108,000 shares at 1.15 today and there is a new SC-13G filed. Wow, now I'd say it's a sure thing about being acquired.
Arqule looks extremely undervalued in biotech space, it would not be surprising to see it acquired before pps moves up to 2.00. Based on bv and pipeline of many proven cytotoxic compounds, one which the NIH had shown stops prostate cancer, big pharma will undoubtedly offer $3 range per share and i'd assume some time this quarter.