There is one thing working in our favor here and that's the fact that we have a near term catalyst with the HAE data in June. The June options reflect that with huge premiums and a 175-200% implied volatility range. Even with market pullbacks, we have many looking for pullbacks in the stock to buy ahead of that event.
Ah yes, I misread that. 15% or 85%, still advantageous regardless.
"In May 1995, the Company’s stockholders approved the Company’s Employee Stock Purchase Plan (as amended, the “ESPP”). As initially adopted, a total of 200,000 shares of Common Stock were reserved for issuance under the ESPP. On May 15, 2002, the Company’s stockholders amended the ESPP to (i) increase the number of shares available under the ESPP by 200,000, and (ii) eliminate the January 2005 termination date of the ESPP. On May 21, 2008, the Company’s stockholders amended the ESPP to increase the number of shares available under the ESPP by 200,000. On May 13, 2010, the Company’s stockholders amended the ESPP to increase the number of shares available under the ESPP by 225,000. On May 23, 2012, the Company’s stockholders amended the ESPP to increase the number of shares available under the ESPP by 150,000. As a result of these amendments, a total of 975,000 shares of Common Stock have previously been reserved for issuance under the ESPP. As of March 10, 2014, 915,824 shares had been issued, leaving a total of 59,176 shares available for future purchase under the ESPP."
Interesting that they have increased the number of shares available to their employees by, on average, 200,000, every 2-6 years since adoption in 1995. They are now looking to increase it by 500,000, much more than the average.
Thanks for finding that. I want everyone in this company owning BCRX stock. The fact that employees have to put up some of their own capital...albeit at an 85% discount to the market price at the time of purchase...is fine by me. The more stock each employee owns, the more incentive to excel.
RE: Employee shares, here is what I see:
"APPROVAL OF AN AMENDMENT TO THE EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES AVAILABLE FOR ISSUANCE UNDER THE EMPLOYEE STOCK PURCHASE PLAN BY 500,000 SHARES TO 559,176 SHARES AS OF MARCH 10, 2014."
cap - I'm not engaging with you anymore, that's not what this board is for. I trust you learn more about the company and products that you're invested in though because you don't seem to know much. GL.
Tamiflu nor relenza trials proved efficacious. Look it up. Look at how Roche has deliberately hid their data for years and years.
This is what I'm talking about - why do you invest here, you don't know anything about the company.
"It is estimated that more than one million patients have received peramivir treatment to date."
The truth is that you're part of the crowd that votes for Democrats and big government types in exchange for money and things. You're bought and paid for my man - they own you.
Disclose your conflict of interest from the federal government please. I'd like to hear what you're getting from them to be so blind to what's in front of you.
Typical liberal response when you have nothing factual to back up your hollow idea. What kind of a fool invests in a stock when he knows so little about the products?
How much SEC dic* do you whor*s have to suck to be able to keep the SEC off your back? You'll reap what you sow.
Bull. Professional shorts are mostly criminals who abuse the system and oftentimes will sell shares that they can't even locate to borrow, thus not being able to deliver those shares by settlement date. Check out failstodeliver.c*m/default2.aspx and type in "XCO" at the top. Select "Dump fails raw data" to see how often they are shorting shares that don't even exist (phantom shares, naked short selling). These guys are criminal #$%$ and the SEC is bought and paid for by hedge funds that do this stuff. Short interest data could be made available the next business day due to technology but the shorts own our policy makers, which is why short interest data is always on a 2 week lag.
The Fails to Deliver data from the SEC is even worse - on a 4 week lag.
peramivir has been given to over 1,000,000 people in the world thus far - if there were safety issues like there were with VIOXX, we would have known about it. Hell, the Phase III trial here in the US, though efficaciously yielded a futile result, proved that safety is not an issue here. They don't have the risks that they had with VIOXX which is why this thing should have been rushed through by now.
This one goes out to board certified government apologist capcod3, aka "but Tamiflu worked for my wife and it will work for you if you get it in time!".
"My daughter died of H1N1 complications last wk. after 6 wk battle. No media coverage of this pandemic. Many others died in same hospital."
9:16am · 13 Mar 14 · Twitter for Android
NDA in hand for 3 months now while people continue to die. Bureaucracy is the most deadly and widespread epidemic ever to face our nation.
capcod3 • Feb 19, 2014 5:19 PM
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David, you are a fool if you "count on it" in this business. And please drop the offensive reference to "Wolfgang's, and Dieter's, and Fritz's"
No one is selling. Institutions have gobbled up 65-75% of the float, traders got shaken out since the fall from 13.20 with big down days for the past 4 days... Who sells here except machines trading shares back and forth?