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has anyone tried to call IR as of yet?
NEWS!! 18:36 AM ET NexMed: Tax Credit Sale Expect To Net $937,000 In Cash >NEXM
Dow Jones
18:35 AM ET NexMed Approved To Sell N.J. Tax CreditsDow Jones
EAST WINDSOR, N.J.--(BUSINESS WIRE)--NexMed, Inc. (Nasdaq: NEXM - News), a developer of innovative products based on the NexACT® drug delivery technology, today announced that it has been approved by the State of New Jersey to sell a portion of its state tax credits and net operating losses (NOLs) pursuant to the Technology Tax Certificate Transfer Program. Specifically, the Company has been approved to sell $1,053,547 in 2008.
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“We are extremely pleased that NexMed has been selected to participate in this year’s program. The sale, which is expected to net approximately $937,000 in cash to the Company by mid-December, will further strengthen our capital reserves,” said the Company’s Chief Financial Officer, Mark Westgate.
the bottom is hard to say the market right now is very tough so it can go less than five cents i am just pondering ....
i did put in call to IR to see if ican get any info.
has anyone done any charting on it?
i just hope it does not go bankrupt. if it goes around .05 i will average down again. i guess we are fortunate we did not buy over 1 dollar
who knows if we have some really good news we can run very quickly would not take long to recover. has anyone talked to IR recenlty ?
brutal day here! hope it can recover!
i am not sure. i think there just major sell off of the market
a lot of it is market sell off i think we will not get any big movment until end of year or so i think.
it might go down lower however it can come up really fast as some news hits ! it is kinda of sickening!
i am hoping for stock buy back at this levels its ridiculous!
i hope we can get somekind of bounce soon! from that
most probably unless the market itself rebounds i read the conference i think this is more of long term investment probably by the beggining of 2009 we might see some significant gain
maybe people are waiting for the conference
NexMed 3Q Loss/Shr 4c Vs Loss/Shr 2c >NEXMFont size: A | A | A2:18 PM ET 11/10/08 | Dow Jones
RELATED QUOTES
2:18 PM ET 11/10/08
Symbol Last % Chg
NEXM 0.13 2.44%
Real time quote.
DOW JONES NEWSWIRES
NexMed Inc. (NEXM) said Monday that its third-quarter net loss widened to $3 million, or 4 cents a share, from a net loss of $2 million, or 2 cents a share, a year earlier.
The company said in a filing with the Securities and Exchange Commission that revenue rose to $305,943 from $296,390.
Shares of the East Windsor, N.J., drug developer traded recently at 13 cents, up 2.4%.
what does everyone think?
i hope it is like CEGE it was at 10 cents now at 40
who knows the trading on this stock is very volatile i just hope we get over 20 cents someday !!! it should not be at this level
if you have level 2 quotes you can see all of it
the action looks good i bet we are going to move pretty soon!
i guess there is no trading today? its not halted is it?
wow what a sell off today is there any news we know about?
news!!!!
NexMed Announces $3.5 Million Milestone Payment
Monday October 27, 8:15 am ET
EAST WINDSOR, N.J.--(BUSINESS WIRE)--NexMed, Inc. (Nasdaq: NEXM - News), a developer of products based on the NexACT® technology, today announced that the U.S. Patent & Trademark Office has issued a Notice of Allowance for its U.S. patent application entitled, “Antifungal Nail Coat and Method of Use.” The patent, when issued, will cover NM100060, a topical application of terbinafine formulated with NexACT® for the treatment of onychomycosis, and will provide coverage to April 17, 2026.
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NexMed entered into an exclusive, worldwide agreement with Novartis in September 2005, under which Novartis assumed all development, manufacturing, and commercialization responsibilities for NM100060. Pursuant to the terms of the agreement, NexMed, having paid the issuance fee for the allowed U.S. patent, is now entitled to receive a $2 million milestone payment.
Mark Westgate, Chief Financial Officer of NexMed, commented, “In addition to the $2 million patent milestone, NexMed will also receive $1.5 million from Novartis for the remaining 50% of the patient enrollment milestone. This $3.5 million contractual payment will significantly strengthen our cash reserves.”
NexMed management further noted that due to the extensive delay in the review and processing of NexMed’s application for the patent, the U.S. Patent and Trademark Office added an additional 756 days to the life of the patent, which has already been included in the ‘coverage to’ date.
looks like good news to me!
it will be on this website
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?selected=NEXM&mkttype=after
the bid is at 16 cents and ask at 18 after hours now a lot of action more than before looks good
there was good buy in after hours too 100k shares hope for some news on monday
After Hours
Last: $ .1508 After Hours
High: $ .1508
After Hours
Volume: 101,500 After Hours
Low: $ .1508
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:39 $ .1508 101,500
1
is there any hope in this stock? i am so down so much not sure what to do anyone talk to investor relations
miss may been adding all along that is great
i hope we all make money on this one today is really low volume i guess everyone is waiting
yes it is this what really puzzels me about this stock anyhow i guess we have to wait ! i just do not understand the 100 share buys etc?
sounds good to me! i just hope we can get some heavy buying pretty soon to get off of our lows!
the bid and ask on this is very unusual on etrade can only buy on 2 decimal points i hope we have green day soon!! it keeps going lower and lower
oh okay i hope this is good sign though
Good news ! the COO bought 500k shares on 10/2008
here is the link http://finance.aol.com/company/nexmed-inc/nexm/nas/4/081108819/html/sec-filings
i hope it makes some kind of run in october !! believe me i need it lost a ton on wamu ! wamu could be another stock that might run like fre fnm
yes i read it as well it sounds very promising when you think about it this can go higher than 1 dollar if a drug gets approved i bet we might be in 5 dollar range (i guess i am dreaming now)
same thing with etrade must be lot of buy and sell orders
premarket looking good for bid and ask around .17 lets see if we can make to 0.20
do you think it can go lower ? hopefully there is some news around october
does anyone see any rebound in this stock it keeps going down