Spectrum Pharmaceutecals Inc (SPPI)

[Ville]

"I’m confused...you aren’t excited about the presentation and hitting an all time high? What am I missing here. My thoughts are that if we breach 20 all of the sudden 25/30/35/40 and a possible buyout are on the horizon. "

Congrats! You very right. I was wrong (=not bullish enough). The market clearly says that a blockbuster drug is in the making. The ORR of 73% is clearly phenomenal, given that the patients were very sick. With first line patients SPPI should generate even higher Response Rates and long durations with poziotinib. This changes my calculation - this is not a multi 100 million drug, this is a blockbuster potential drug!