Don't buy the hype period. Nothing criminal has happened and no one will be prosecuted for any of this. For God's sake, a couple people sold their stock options... What is criminal about that? A company promoted it's product... What is criminal about that? Please sell you shares if you really have them and are not a short trying scare tactics... And get over it, nothing is going to come of any of this.
The biggest products with most potential in the IPCI pipeline in my opinion are 1. Rexista 2. Regabatin XR 3. Seroquel XR.
One thing to note about this drug- Regabatin XR- it is not a generic. It is a time release formulation that will go through NDA 505(b)(2) process like Rexista. It will also likely be patent protected and with that comes exclusivity.
When this goes below book value I will be interested. I really think this latest development could bring PSEC below $10.50. Which I would believe is a great buying opportunity as nothing really has changed with the company. One thing that could be a problem if it happens is if PSEC uses the ATM below book value. I am not saying they will but it should be on everyone's radar. Next couple months could get interesting around here, don't worry if price keeps dropping, just buy what you can as long as the fundamentals on PSEC stay the same!
dremsm- gregoryalan is here out of the goodness of his heart to try to help us not lose money on this terrible investment!
If they announce a partnership for Rexista... And that's a big IF it will be huge. I do not expect this to happen though, I am just thinking it will be updates and what's on their plate for the coming year.
Do you know anything about the Bristol Myers rumor of a partnership with IPCI? Is there anything to this or is it just nonsense?
Yes, that would be awesome. The day that partnership is announced along with an up front payment this stock will soar. Any short that gets caught holding at that time will be in serious trouble.
Hi Jman- I am doing pretty good overall. I have IPCI, CYTR, ACRX and GILD. I just started the GILD position and am about even right now. CYTR I am down a little on. ACRX I am up a whole bunch on but don't have all that much. And finally IPCI I am up a little bit on. IPCI was way up today but got brought down before close. IPCI is my top pick and I have added more and more over the last couple weeks. This quarter should be profitable for IPCI and the next 1-2 years could have some huge catalysts. One other reason I like IPCI is I feel its low risk. I also think GILD is low risk but I really missed the big run up on that one but slaes of Sovaldi have been absolutely phenomenal and I think a 30, 40 or 50% return on GILD could be possible.
rlbeard- sounds like you have a very good spring ahead for you. Good job on taking your grandkids hunting and fishing. I am sure they will look back on it fondly in the same way I remember going with my dad and grandpa when I was a very young boy. And remember to enjoy yourself and not work too hard. I am also in the rental property business- all me and my wife's properties were bought during the recent downturn. Hands down the best financial decision we ever made and it truly changed our financial situation. It is a lot of work but well worth it.