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C’mon Carl. Where is the 10Q with all the good news. We have been waiting a long time for some movement with this company.
Indeed crazy trades happening lately. More activity than previous months. Not a lot of volume but 100 trades to drop it to .07’s is suspect. Hoping he pulls the trigger sooner than later. Picking up some crumbs here and there. Let’s do this Carl !!
ENZN 1/4 Million shares on the bid @ .27. Maybe we see something happening here soon. Only Carl knows the game here.
Holding on for da big one.
C’mon Carl lets get this Party started
SESN looking for buy out or partner. HELLO CARL !!!!!!!!!!!!!!!!
Somebody performed a little CPR on ENZN the last couple of minutes. Could this be the start of something nice?? haha. Hoping so. C’mon Carl let’s Roll !!!
Yes nice price range and volume the last few days. With the exception of some clown who wants to sell 100 shares for .385 from 41 just now. Hoping Carl gets this thing off the ground soon.
Carl Icahns son and another big dog from one of Icahns businesses has been appointed to the Board of Directors for Bausch Health Care. I’d like to think he is interested in their spinoffs.
Crazy day of trading today. Picked up some of them .2525 and then watched it head north to.3338. I would like to think something is happening out there with the SPAC. Investment firms talking November on a spinoff but most likely after the first of the year. Lets go Carl we are all getting anxious.
Ouch. That hurt today. I was impressed with ENZN bouncing back though. Cmon Carl bring home a winner.
That would be a beautiful thing my friend. SESN looking very good here for sure. ENZN will get some love from all this.
hard for a lot of people to park their money for 8 months and watch it drift down and then back up and down again with no news. SESN is about to get the green light from the FDA (imo) and I believe a significant check makes its way to ENZN (Does $30M sound right?). I also believe ICAHN is working on BHC spin off to take advantage of ENZN NOLS. Waiting is a pain the the rear but should pay off nicely.
"With the closing of the Amoun deal, we will be able to further reduce overall Bausch Health debt," said Joseph C. Papa, chairman and CEO, Bausch Health. "We are continuing to pursue all opportunities to drive value for our shareholders, including preparing for the spinoff of Bausch + Lomb."
Not much volume on the selling. We are here going on 8 months since the rise in share price waiting for Icahn to pull the trigger on something. I still believe he wants the BHC Eye care when it spins off. I also think some investors thought it would happen earlier and are tired of tying their money up seeing other plays they could have been in. Patience is the name of the game here IMO.
Bausch Health Companies issued PR this morning that one of their Directors had resigned. This leaves another opening for an Icahn appointment to the BOD.
“ I would like to express my gratitude to ValueAct and to Rob for his numerous contributions, particularly as we have continued to transform Bausch Health," said Joseph C. Papa, chairman and CEO, Bausch Health. "As we continue to work to execute the spinoff of Bausch + Lomb and create two attractive businesses to unlock value, we are focused on forming two strong Boards with diverse representation and perspectives to ensure we represent the customers, patients and shareholders we serve around the world."
This is the first time I’ve seen the CEO use the spinoff term. ENZN merges with B&Lspinoff would be awesome
from the mid 50’s last week to the mid .70s this week to settle at .70 I will take that any day. SESN had incredible volume and price spike AH’s today and I firmly believe will be great for ENZN right before Icahn announces his new merger with whoever. Chillin and grillin these days.
I likey !! I’m thinking someone must know something because of the trickle up in price. Hopefully Icahn brings us a merger soon.
Indeed you are correct. SESN is rocking and will make some nice $$$$ for ENZN.
15000 shares @ the ask .60. Someone didn’t hesitate there.
SESN looking good. Royalty payment will bring ENZN back into its 52 week highs unless we hear news from Icahn prior to that imo. Can’t imagine he will wait long to pull the trigger with all the tax changes that may be upon us. Hang in their all ENZN’s. Haven’t sold a share.
tutes finally gettting the word out on SESN. Hat tip to Wayne on other MB for this gem:
End of 1st Quarter 2021, active positions on SESN:
Increased Positions:17,486,692 shares
Decreased Positions: 5,014,701 shares
Total Institutional Shares: 40,137,207 shares
Recap of what M N did (thank you M N); in about a month, institution and fund managers are loading this baby up:
5/19/2021 Virtu Financial LLC added 307,053 shares, about $0.80M
5/19/2021 Squarepoint Ops LLC added 42,158 shares, about $0.11M
5/18/2021 Cubist Systematic Strategies LLC added 654,636 shares, about $1.70M
5/18/2021 Millennium Management LLC added 624,896 shares, about $4.23M
5/18/2021 Cubist Systematic Strategies LLC added 654,636 shares, about $1.70M
5/18/2021 Jane Street Group LLC added 154,580 shares, about $0.40M
5/17/2021 Price T Rowe Associates Inc. added 125,100 shares, about $0.33M
5/17/2021 HRT Financial LP added 379,285 shares, about $0.99M
5/17/2021 Goldman Sachs Group Inc. added 146,986 shares, about $0.38M
5/13/2021 Barclays PLC added 150,644 shares, about $0.39M
5/13/2021 Renaissance Technologies LLC added 3,747,897 shares, about $9.75M
5/13/2021 Avantax Advisory Services Inc. added 13,000 shares, about $34K
5/12/2021 TRV GP LLC added 4,091,591 shares, about $10.64M
5/11/2021 Mercer Global Advisors Inc. ADV added 23,334 shares, about $61K
5/11/2021 Acadian Asset Management LLC added 151,902 shares, about $0.40M
5/11/2021 Vontobel Holding Ltd. added 105,000 shares, about $0.27M
5/7/2021 Blue Whale added 5.397,922 shares, about 14.8M
5/4/2021 Commonwealth Equity Services LLC added 12,173 shares, about $31K
5/4/2021 Victory Capital Management Inc. added 24,158 shares, about $63K
4/27/2021 Highland Capital Management LLC added 10,000 shares, about $26K
4/27/2021 Stratos Wealth Partners LTD. added 293,000 shares, about $0.76M
Some dude named CoolSoupy put it on the ENZN MB of Stocktwits on 5-10-21 after the quarterly came out. I just asked him where I can find this in the report. I will get back to you when he responds.
CoolSoupy
5/10/21, 01:44 PM
$ENZN
SESN qtrly out and it looks like they put away 30 +- Million for us.
Stocktwits. I will go back and try to find it.
Good Morning. Any insight into the $30M set aside by SESN to ENZN? I haven’t had a chance to view the financials just released but its been mentioned in another MB. Thanks.
Not a lot of volume but I like the direction we are heading this morning. Hopefully something cooking here. haha that should be the name of a show "Cooking with Icahn"
the whole market is taking a dump
small sales of 100 shares take this down 2-3 cents and then the scared weak knee’d try dumping their 5,000 shares. The hundred share club jump in front of the ask a couple hundred/ cents and it starts all over. No real volume here that anyone should be concerned about. Market sucks red so its tough to hold until news.
Spectacular day for ENZN. SESN hit 3.33 today too before retreating into the mid 3.20’s. Ready to ”holla for the dolla.”
Smoking into the .80’s. great moves today. lets see that $1.00
70k shares on the bid @ .63 at closing. Peeps still willing to drop some coin on this. I’ve been loading SESN lately as I see it getting news sometime in the next 5 months per FDA fast track. All is good with these two winners imho.
i don’t think its necessarily tied to the market except for the fact when investors are getting their ass kicked in other stocks they start taking their profits. 238lk shares traded today and to me it was our peeps loading up at the 40’s. I’m impressed with the closing price. I can see it churning like this for a few more weeks as the market figures out whether it wants to go up or down.if it drops back into the mid 30’s I’m back on the buying train.And as you pointed out Couchman isn’t selling. Keep the faith fellow ENZNers
i don’t think it will drop below .37 imo. The reason I pick .37 is if it breaks .40 there will be some nervous Nellies out there that will dump. These down days have been less than 100k shares. The market is getting people jittery. I know this is a six month play so my shares are locked.
I have no MYRX position. I try to only jump in a few stocks that are going to sit and take awhile for progress and news. ENZN is a different animal at this point. Couchman probably did that when he was trying to take over the company. Im sure if there is a place for MYRX in the ENZN picture Couchman has approached Icahn about it. It only makes good business sense. That would be hysterical if they put something together and then blew Bausch out of this world with a merger. Hey anything can happen from here. Best of luck to you in MYRX.
i agree. not much to release as SESN has not been given the green light yet. They haven’t publicly identified a company for takeover but I believe it’s Bausch Eye Care. Just a few hurdles to get over within the next quarter or two and I’m feeling good about it. There will be some selling as investors wont want to wait. Buy em up !!
Yes I am and I continue to add on the dips. I have loaded the proverbial boat on this one and will continue to as I believe Icahn will pursue Bausch Eye Care and turn it into a monster ENZN achievement. I will admit that I have some reservations about the ability of the Big Man being able to screw the shareholders in these takeovers but the thought of using ENZN as the SPAC to acquire B&L is just a winner all around imho. I have not seen a SPAC that was put together that did not result in a $12-$14 price before the IPO. I hope every investor the very best in this investment and at these .60 prices people should be gobbling them up.
So what’s your buy in price. Right now.
What’s the chance its approved before August. I can see where FDA could fast track this as a last possible option to the inevitable. My mother passed away from bladder cancer because there was no alternative to chemo which at her age was a horrible experience. Bring it on FDA.
Grabbing these in the .60’s as they pop up. Not a lot available but we know where this is going.
10.5 hrs to go. Could be a great catalyst to move ENZN over $1.00. Either way this is the lowest price you will be picking it up again. When we start heading north we wont look back. SESN. ENZN.. Perfect Storm.
SESN conference call Tuesday morning on FDA BLA acceptance for Vicineum. Royalties anticipated for ENZN should (imo) enhance price support above the current .70’s. Peeps still selling in the .60’s makes no sense. A copied post from Yahoo SESN MB david graham:
Leading up to the February 16 FDA decision on BLA acceptance and PDUFA date--to summarize:
1. There is a BCG shortage worldwide for Bladder Cancer patients with few drug options in the last 30 years. Vicinium would provide options to last resort with cystectomy for BCG unresponsive patients.
2. Potential sales after FDA approval this year evaluated between $1B-$3B
3. Sesen Bio has no debt
4. All 3 drug manufacturing PPQ runs were successful before submitting the BLA on 18 Dec 2020 with a request for Priority Review.
5. Acceptance of BLA from the FDA 16 Jan 2021.
6. BLA has been under rolling review for over a year with the FDA.
7. FDA requested to perform a phase IV trial to expand upon the patient population of unresponsive to BCG (seen as a positive sign towards approval)
8. Early 2021 - submission of marketing application in Europe
9. Decision at the Committee for Medicinal Products for Human Use (CHMP) held 25-29 January 2021
recommendation on the request for accelerated assessment.
10. Antibody-drug conjugates (ADC) are well received in the medical community. A large percentage of Dr (Urologists) indicated they would prescribe it. (83%) see First-Quarter-2020-Financial-Results presentation.
11. The ICER Effectiveness and Value report was published confirming Vicineum ( Oportuzumab Monatox) benefits over other drugs.
12. Sesen Bio's CEO re-iterated the work being done to sign multiple deals outside the US (OUS) after China.
13. Sesen Bio and Qilu Pharmaceutical announced the IND application for Vicinium is accepted for review by the national medical products administration in China
14. Sesen Bio is also looking into imaging agent which would be beneficial for surgeons and patients for removal of entire cancer tissue.
15. On January 11, 2021, Sesen Bio, disclosed in an updated corporate presentation that it had cash, cash equivalents, and restricted cash of approximately $55 million as of December 31, 2020.
16. Low risk of offering in the near future as the company is using an ATM for financing with an estimated $37M remaining.
17. Awaiting results from Head and Neck study. Vicineum in combination with AstraZeneca’s anti-PD-L1, Imfinzi (durvalumab), is being evaluated in a Phase 1 study that is being run by the National Cancer Institute. ... on tweeter Andrea Apolo, M.D. posted "We have a combination trial of vicineum plus durvalumab for BCG refractory NMIBC that we are excited about at the NCIResearchCtr"
18. Longest time to cystectomy of all competitors
19. Vicineum has low toxicity numbers, adding chances of early approval from the FDA.