"The market fluctuates, and some of the volatility may be due to shorting and short covering, but know that the stock will in the long run be valued based on market perception of its intrinsic value." Exactly..All those short positions held by those convert holders, will definitely weigh on the PPS but not indefinitely.. So, those holding EXEL long will need to be a bit more patient in contrast to similar stock, in similar position, but without the converts. That's the short of it..
Last I saw still some 47 millions shares still short? Seems crazy. Big phase 3 success, BT status, Cobi approval around the corner, talk of JVs, even buy-outs, valuation talk above $3B, new CFO, high profile presentations coming, secondary out of the way, cash position strong, a lot more visibility, less risk. A lot less downside, and a whole lot of up..
You have to believe that some (many?) took this gift of the crashing market to cover. I thought you needed a big set of nuts to be short before METEOR.. Now it seems just crazy stupid. I don't get it....But hey, sometimes you get the bear, and sometimes the bear gets you..I hope we are about to catch a big bear
wow. Can you possibly be more arrogant, juvenile, or insecure? And why you insists to see his shares, like you are the NSA. Why do you care? No one else does. Personally I don't think its anyones business. I'm pleading with you to let your little ego war with emansaru, or anyone else go. I get it, he's and #$%$, we all have/had reasons to hate his comments, so what's your point? Why keep this front and center? You said earlier after 15 thumbs down, that you'd 'tone it down'. Check your ego, live up to your own commitment, tone it down, and instead talk EXEL.
I appreciate the sentiment and your willingness to tone it down. Good things happen to good people so let's see. I'm not emansaru. No one here believes that either LOL! Let's talk exel.
Let it go..even those who have major problems, and justifiably so, with emansaru are already tired of you carpet bombing this board with just juvenile utter useless garbage. And for what? Make your nuts harder I guess.. You are on the wrong board for this nonsense, and EVERYBODY would prefer you tone down, leave, or offer something. Seriously, what's the point?
Wow, and arrogant too. The entire package. Welcome to the EXEL Board. We were short on #$%$-phobic, man-boy, unprovoked low-class insults so you really managed to fill that void. Thanks again.. Good luck.
Congratulations! You guys just suicide bombed a fireman's parade. Hope you're happy. Now we have to listen to your garbage for the next 3 months? Hey #$%$, what rock to climb from under? You show up here out of nowhere like you are the second coming, and wow, how original, start spewing insults (low class insults) at emansaru, I guess maybe to gain immediate validation with the rest of the Board. What an entry. And Homeslice, I give you credit, you were reserved for a while, but no excuse. It just sucks. No one wants to hear it, no one wants to be insulted to benefit both your ego's, and whatever else you guys suffer from, but here we go. Good luck everyone.. You have the board you always wanted..
I agree. I have to believe that as much as they needed/wanted a JV, it would seem that the time to have serious discussions/negotiations would only be after the cash position was resolved, lest they are forced to negotiate from a position of weakness. Others here have echoed that sentiment. So lets hope they are in fact driving a hard bargain vs. giving it away, and if that takes a few more weeks/months than so be it..
Wow, you really manage to pull some of these out of the woodwork. What did you say to/about R2D2 that got him all riled up, you maniac moneysucker demon fighting impatient investor you!
Wow, look at you... Ok homer, since you are in a different place now, let me give you some advice. Don't panic. You make money when the stock price goes up. Yes, up. Weird right? And whatever you do, don't take any of that kool aid if offered by Wilder, the good Dr. Palmer or Salty. I just saw them leave the Bob Jones Memorial seminar, "How to spike the drink of a duche bag" :)
Ugh? Homeslice, no one cares about a loss, especially one that misses by $0.01, of a biotech of this size and at this stage. But you are way too smart for me to tell you that, cause you know it. Really, who cares? The fact that that's all you pull out of this is actually a pretty positive thing, considering you are on the short side. Dude, you are on the wrong side again...never too late. And think of all the added benefits when everyone here welcomes you with open arms when you do go long. The arms are carrying anvils, but hey..
Absolutely, spot on. I agree. Imagine trying to negotiate knowing, and your potential partner knowing you are out of cash in 5-6 months. They are in a far better position, no gun to their head.
all the time this happens, especially the ones I know will be greeted with high praise and many thumbs ups :). But to answer your question yes. Yahoo sucks..
Homeslice..With one day before earnings the pre-market anyway this morning tells a different story. Somebody wants in. Remains to be seen what happens during the day, but I cant remember a time it was up in the pre-market as much as it is today absent some news. So very bullish, IMO. I think you are swimming upstream again. Why do you say its been delayed from the usual cycle, because last year they announced on July 31? Basically its one week later, a lot more news and activity than last year, new guy, maybe bigger news on its way? You may be grasping at straws. Time to rethink your position me think. Its all inevitable now it would appear..