Public offering price
$ 5.400 $ 135,000,000
$ 0.324 $ 8,100,000
Proceeds, before expenses, to Exelixis
$ 5.076 $ 126,900,000
This will very soon be a distant, non-talked about memory, and the stock price will get back to business as usual.
Underwriters get paid, that is their business..........underwriting.
This offering is akin to resurfacing a rough road, now smoothing the road ahead for EXEL.
cbdthchelp You're asleep at the wheel. All 25 MILLION shares have already been spoken for.
So somebody likes/loves, and sees value in EXEL............25 MILLION shares worth !
Even if the market price goes down to $5.40, the reason they will do it that way is if they tried to buy 25 MILLION shares on the open market they could not do it without getting a lot of attention and driving the stock price up to $20.
This is Not A Penny Stock message board, everybody here (almost everybody) has a brain, we know what we have here, there is ZERO need for your pumping trash here !
Get a clue and knock of the idiot type garbage posting.
Like did you actually think you could claim Carl Icahn and Warren Buffet are loading up on KYTH stock .......with............ZERO proof ?
After that post your credibility is , well there isn't even a # on the chart for it.
So cease and desist with the clutter garbage stuff...........okay ?
For those that think the stock will not appreciate until it already has an FDA approved drug in the can, simply look at Puma's stock price (PBYI).
Stocks are bought, or sold, on expectations well in advance of the fact.
A whole lot of light has been focused on ONTY now, and on PBYI.
ONTY for a very positive reason, and PBYI for a not so positive reason.
Which of the two now has the best Risk/Reward ?
Shouldn't be all that hard to figure out for anyone with even a scintilla of brain matter.
semanresu ."First I was expecting a pop to $7 -8. That didn't happen and it was disappointing"
Do you ever follow chart patterns ? My favorite chart patterns are the flag or pennant chart patterns.
Are you at all familiar with them ?
In flag or pennant chart patterns, the initial move , for whatever reason, good news etc., the initial move is only the halfway point to where the stock was headed before consolidation, profit taking sets in. After the consolidation period is over the stock will continue on and finish the rest of the move, the second leg up. Consolidation usually takes one to three weeks, and during the consolidation the volume will dry up considerably in comparison to the volume in the initial move, and the stock price will trade in the area of the initial move, and resemble a flag or a pennant on the chart. My favorite pattern because it is very easy to spot, and identify, and understand. With the volume drying up during the consolidation, and the price holding most of it's recent gain tells that investors are comfortable in this price range........but.......there are many on the side lines that missed the initial move, and are waiting and hoping for a big pullback to enter, and when that big pullback does not occur, AND the volume is next to nil.....they then concede that their pullback wish is not going to happen, and it then does not take much volume to kick off the next leg up. So all of a sudden you have two participants chasing the stock, the sideliners, and the shorts covering, a double whammy. And you will see messages on the message boards hollering that the interest in the stock is gone because of the volume dissipating, and there definitely needs more news to move the stock. That is the wrong interpretation in a flag/pennant chart pattern..........the news that caused the initial move (the flagpole) is all that is needed to move the stock on the second leg up. So the $7 $8 price is on it's way soon, after consolidating.
When it should be clear to them that EXEL will be acquired long before any concern of dilution of any earnings ?
Don't be concerned about a few crumbs of the big pie that fall on the floor.
Whether you are a fool or not, you sure as hell sound like one, you're whining like a little crybaby.
Grow up !
Hey dummy, I'm not the one pushing $50 you idiot, I merely posted the date that it was $50 stupid.
And I don't influence anybody here any more than you do.
And as far as your "impression" , you are one of those clowns that thinks jumping to conclusions is a form of aerobics.
The husband of the Chief Medical Officer Dr. Diana Hausman bought 5,747 shares at $4.65 on 6/1/2015
Go to this site... insider cow.... , with no space between insider and cow, and add the rest.....you know what the rest is.....if I write it out exactly they won't let it post, I've tried it before.
Maybe they still might catch this one and not let it post.
When you get there just put in any stock symbol you want for insider buy/sells. On the left of the page B is for Buy, S is for Sells.
semanresu...Is comparing 2001 to NOW 2015 .....apples to apples ?
Everybody here wishes they had a nickel for every post you have made......with no skin in the game......just a whole lot of time on your hands.
semanresu says...."No wonder all it fetched was $5.40!"
So they should have gotten..............MORE than the market price ? LOL!
Nice trick if you can do it, but let's attempt to get in the REAL world huh seman ?
Are you new to this game ?
seman says....."No dummy. Something is only worth what someone else will pay for it. $5.40 is all it is worth, today"
seman....but you previously said...."...."No wonder all it fetched was $5.40"........Well ......duh, yeah !
Nobody is going to buy an offering of 25 MILLION shares for MORE than the market price.
Brilliant seman, just brilliant !
April 17 2000 EXEL Open $15.81 High $15.81 Lo $13.88 Close $14.75 Volume 463,000
Jul 26, 2000 EXEL Open 48.50 High 50.00 Lo 47.50 Close 49.25 Volume 145,000
For doubters.....it is very simple to look up in price history.
Especially now that I give you the exact dates.
Hey stvrein if you were really a short................and NOT just somebody thinking they can talk the stock down (so you could buy)...............you would NOT be here trying to talk the stock DOWN..............you would be hoping the stock would go HIGHER, to short at.
You do understand how shorting works........don't you ?
If BS was music you would be a brass band !
I read it and understand it.........................did you read it ................and understand it ?
Read up on shelf registration .
Educate yourself before coming here and displaying ignorance .
To me it is degrading to keep pumping the stock, we are all intelligent enough to see what is coming.
And people telling other people to buy more stock........forget about other people......follow your own advice.
And don't expect the stock to go up every day just because now you own it, this is the stock market, with daily fluctuations. There will always be profit-takers, let them sell now and regret later.
And none of the above are my opinions, there is someone here with a gun to my temple dictating to me what to say.
goducks542....Very plain and very simple, the stock is consolidating it's recent very impressive gain..........before the next leg up.
Your previous post said we will be $10 by the end of the week............well this is the end of the week, so are we within hours now away from $10 ?
Do not judge the future by the past all the time, sometimes it will throw you a big curve ball.