I get it. So he's wrong again. it sucks to be him. Oh and TV, don't pay any attention to this fool below me. He's thinks because he posts 100 times a day, that some how he's been here for years like a lot of us have.
GL & Go ACRX
Sentiment: Strong Buy
"Continuing with Europe, the Marketing Authorization Application or MAA review continues in Europe through our marketing partner Grunenthal, with 120-day questions from the EMA expected later this month."
"we are targeting resubmission of the Zalviso NDA in the first quarter of 2015. However depending on the feedback from the FDA on the protocols and materials to be submitted, the timing and filing of the NDA could be late in the first quarter of 2015."
"Our growing patent estate now totals 30 issued paints worldwide. These issued patents cover AcelRx’s Sufentanil Nanotab, medication delivery devices and platform technology, and include 13 issued U.S. patents, four issued European patents and 13 issued patents in other international territories, including Japan and China. These issued patents are expected to provide coverage through 2027 to 2030."
"In addition, I am pleased to announced that in response to a proposal submitted earlier this year, we have been notified by the department of defense that AcelRx has been offered a contract to provide funding for the development of ARX-04, including funding for the proposed Phase 3 studies. "
"We are pleased with the rate of progress AcelRx made with the Zalviso in Europe, innately with the filing of the MAA with the EMA and now the filing with Swissmedic. We look forward to Swissmedic’s review of the application and to the potential approval of Zalviso in Switzerland."
I thought this was big.
"We anticipate the contract negotiation process to conclude in the first quarter of 2015, allowing us to initiate the two Phase 3 studies shortly thereafter. However if negotiations with the DOD become protracted, we may elect to initiate the first trial on our own, rather than sustain additional delays. However if current negotiations are successful, we believe the contract will provide significant funding for the development of ARX-04."
What's funny is when I bought into this stock a year or so ago, everyone here had my pants down, blowing me about how great this management team is, that's the main reason they're in it, and all the wonderful things they all did in the past. What happened?
Look at how AF came out with a bashing article on RMTI this morning pre market after yesterdays ADCOM vote to approve. They are corrupt as hell.
I'm averaged here at $8.35, and have been here well over a year. I will sell at $14.00 no matter what smoke blowing is going on. Before PDUFA, or after. I've found that setting a sell price, and sticking to it works for me. My sell price on KERX was $18.00. (bought in around $8.50) When it hit that before PDUFA I was tempted to stay with it, but went with my plan and sold. Worked out well. I think RMTI will hit $15.50 sometime before PDUFA. That's when I'll say "I'm so glad we had this time together".