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If it's withdrawn, you couldn't prescribe it for an ingrown toe nail
All drugs have a "restricted label",
What's a restricted label? Do you mean restrictive?
It's been pointed out to me that since I didn't know at what point Denner entered ASTX I shouldn't have labeled it a bomb. It seems he did very well. Apologies.
ASTX was hopes dashed rather than money lost. He expected a white knight to come in and top Otsuka's bid. It didn't happen. I was in it too and lost a dime.
I don't know if he maintains a position in VVUS, but the hand-picked (by Denner and First Manhattan) management team has been in place for some months now and they still haven't found a way to monetize qsymia. With the results you see on the chart. I went in at 10.25, figuring it couldn't get worse. It has.
ASTX has been merged at the price Denner said was unrealistically low. He never got ASTX management to up its bid. For VVUS, take a look at its chart.
Point is neither had the qualities Denner ascribed to them. I hope he's right this time around.
This Company has a track record of enhancing stock value, then selling out, etc.
Sarissa has made 2 investments to date - ASTX and VVUS.
Both bombed.
Track record?
Sarissa and ASTX.
It turned into a cramdown.
Does anyone know much about Sarissa's reputation? Googling them, I see they were on the wrong side of the ASTX transaction (as was I), but that's as far as my knowledge takes me.
I think Bigduke might know more than you all are giving him credit for.
Which is exactly why I'll be interested in his chapter and verse response.
I'll be very interested to see the response to that post, iandy.
Waiting and seeing is why I didn't sell out at 25
25 was my target on the last fizzled blastoff. Didn't get there.
you see and wait.
Great source. Congratulations on your rigorous DD.
Pfizer is buying big packages of ARIA.BUYOUT at 8$ the rest!!
Source?
DNDN is being marketed, we are probably riding their coat tail
Not too plausible. Try another one.
Those Ariad employees are no longer working for Ariad, I would expect.
I hope they are!
(Assuming they were direct Ariad employees to start with)
No One is buying Anyone until after ODAC. Impossible to know the value without that important piece of information.
Very important observation. Until the FDA has spoken, either through ODAC or a redaction of the black box, there is little basis on which to speculate on ARIA's value.
it will be very cleaver and out of the box thinking. Take a cleaver to that box, and to your obsession with Goldman.
From Merrill.
Theravance (THRX) has been added to the US 1 list today. Newell Rubbermaid (NWL) has been maintained for a new 12-month term. Today's closing prices will be the addition prices for the stocks.
The reason we're obfuscated is that we don't have the transcripts of the phone calls between the company and the FDA over the past few weeks. The FDA is where the decisions will be made going forward, not in the Ariad board room.
Zipjet --
You a newbie? Hah!
Maybe here, but you're certainly not a newbie on the serious board.
Berger and the others sounded a whole lot more optimistic than our group and at this point why would they lie?
Lying never was in their interest, but they did, as recently as ten days ago.
Rachel is pissed. She does not like the idea that she was lied to.
Hard to trade ENTA short term because of the wide spreads - 12 cents as I type. 12 cents on a largish position hurts.
the EPIC trial has been stopped. Something that most analysts had already believed would take place
Where did you see that.?
TIA
Did anyone have stop losses that worked this time?
Depends what you mean by "work". A market stop loss order would have gotten you something around 2.9 - the open. A limit stop loss order wouldn't get filled if it was anything over 3.
knows what he talks about.
Durn right.
check the IVs.
BTW, I do own quite a few of the jan 4's, so I'm not being led by the nose by the IVs.
get them while they are cheap
With IVs around 100, they're hardly cheap.
Will Adam F be objective
My impression is that in that context he sticks to being a reporter.
AMRN
Adam F will be live blogging the meeting.
Well, now that the EMT has been blessed by the Nobel committee, are you going to change the postscript to your posts?
Eugene Fama, from the University of Chicago, showed that stock picks are extremely hard to predict in the short run and that new information is quickly incorporated into their prices. He is considered the father of the so-called “efficient market hypothesis”, a theory which has come under intense criticism following the huge swings observed in the stock market before and after 2008.
Has Feuerstein weighed in on 113 since the Iclusig debacle, does anybody know?
it will take clinical developments to move it significantly.
Didn't like the last clinical developments much. Let's hope 113 doesn't lay similarly smelly eggs.
I kept shorting all day.
What broker do you use to find shares to short? TIA
please get rid if the new format. It adds nothing except extra layering.
Hindsight, hindsight. A tell was Harvey's boast that he'd buy more if he could, while stuffing his 10b5 plan. It stuck in my craw, but I didn't do anything about it, sadly.
It's expensive - $5k p.a. But that might be worth it if the M.D. assigned to the patient was responsive. Mine wasn't. Returning a call five days after the original inquiry is unsatisfactory. Not returning a call at all after I reported a sudden loss in weight to a level I had not seen in 50 years is also unsatisfactory.
I made one request - that my assigned M.D. consider testosterone replacement therapy, and that set the cat among the pigeons. The pretext was that the urologist was unavailable. Perhaps so, but I was left with the impression that at Mayo a controlled substance is a banned substance. The legal department seems to be an important factor in medical decisions.
The irony is that the Nurse practitioner I was seeing in one of those places with "family medicine" in its title was much more responsive and proactive. And a lot cheaper.
BTW, I am in very good health and not given to bugging my PCP for every little suspected ailment.
Not bright if they follow the Mayo model
WSJ
Scenic spots around China are reportedly mobbed with visitors during a long national holiday this week, which has many ordinary Chinese frustrated. But this is actually an encouraging sign for the country's economy.
Large crowds of tourists flocked to Tiananmen Square in Beijing on Oct. 3, 2013.
The total number of people arriving at major tourist sites in China over the first two days of the "National Day" holiday is up 18.8% from last year. That represents a slight slowdown from 21% growth during the holiday week last year. But it compares favorably with an 8.8% rise in 2011 and just 6.5% in 2010, according to Bank of America-Merrill Lynch economist Lu Ting.
Other data tell a similar story. On Oct. 1, the first day of the holiday, Chinese railroads carried 10.3 million passengers. That's up 13.2% from a year earlier, according to government figures.<snip>