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Anyone seen any block trades today ? The usual site is crapping out with some website error..thanks
Yes.It could be an non-event. Hopefully that's what it is.
I have an email from none other than Jeff Church himself confirming Celsion cancelled the
Cowen's conference due to Board meeting conflict in March. Period
Email. He was quick to respond
Interesting they have other opportunities lined up to make the presentation already...Why if the data is bad..hahaha
badslinke,
I got the official word from Jeff Church..see my earlier post..cancelled due to schedule conflict
All in well with CLSN
The Cowen conference conflicts with a previously scheduled Board meeting. We have a number of other investor conferences that we will attend and present at.
Jeff
You never know..lot of traders are in for a quick buck and would have stop losses for sure...but I hope I am wrong on another bear raid..lol
There is a good chance someone might have exercised last week calls to get enough shares to dump prior to the data to scare and take out stop losses (a mini bear raid).
So if I were long which I am , I would not put any stop losses until the result is out (again, IMHO only, FWIW).
Interesting someone sold puts for Feb 13 $17 to the tune of 4.3k while a similar size call 'buy' went for the same strike Feb 13.
The reason for buys vs sells are % change as well as last price the transaction went thru. Likely another bullish sign, IMHO
Agree..lol..I said on PR headlines.the content itself could say more details about PFS %..remember, this PR is meant to release only topline results..
Big BUY Blocks this AM, guys..this is it..all FLAGs for a +ve news...hang onto your seats
It was not a 'dump' you dope
Huge buys went by this morning
TIME
TRADE
PRICE
VOLUME
Jan 28, 2013 10:02 AM
BOUGHT
$7.83
25000
Jan 28, 2013 10:00 AM
BOUGHT
$7.83
100000
Jan 28, 2013 09:54 AM
BOUGHT
$7.93
250000
What part do you not understand...lol? unless shorts cannot read plain english, a Positive means only one thing: PFS is > 33%. Now tell me how many shorts know < 33% vs = 33% vs > 33% means to the trial ? Do you ?
P.S: Also they would likely to say, the trial met its primary end point which means the same thing ( > 33%) All depends on how much they can release either prior to CC or publishing in scientific journals.
My minimum expectation is they will mention the word 'POSITIVE' in the PR headline which would mean 33% threshold has been met (Primary end point). Not sure how much details they will share on the PR itself but expect some good Q&A session on the CC call.
If the PR is issued with simply 'improved PFS or survival', odds are it won't meet FDA SPA (aka > 33%). Hisun might still accept as long as the trial shows improvement but it's their call.
Celsion will do a CC regardless, you bet..I do hope though they announce a Positive PR prior along with CC date/time first which I think they will...it could be today AH
That was as of 1/15..does not include the bear raid that happened recently
Right on the money ! Your optimism has been well answered with +ve results for KERX today.
I am purely speculating from timing of the PR (today) and how the market typically interprets such news release. If indeed positive, they would have said so in today's PR with further details to be shared on the CC. Hardly any biotech I know that doesn't want to capitalize on a positive development prior to market open.
My bad then..I apologize..Welcome to next few days of partying at CLSN iHub land
Not a good sign, IMHO
It does to all shorts whose heads are actually large tumors growing since birth..lol
Yep. Anything higher than 50% would be deemed stellar. FDA needs just 33% for approval which by itself would take this stock to $40 by EOY.
It is in Yahoo finance..search for CLSN ticker
From IV message board..
Great discussions all especially AVI77.
Few more tangential thoughts on why I think the news will be +ve. For inking any deal albeit with disclaimer, both parties had to spend time, resource and DD on both tactical & strategic options. It is not easy exercise to quantify various metrics that goes into finalizng the framework for both upfront payments and royalty rates. So as an outsider, I would be scratching my head as to why bother going thru all these gyrations if either of the parties are not 'aware' of eventual implication to such a contract.
Hisun would really look stupid as apart from downpayment of non-refundable $5m, they return back with nothing in hand if the results are bad in matter of days having lost their money
I think both parties signed this deal under proper NDA but cannot be any more blatant on the results other than putting a disclaimer clause.
The other reason that someone pointed out is Hisun's CEO comment of 'Not until now, there has not been any SOC for HCC..' Sounds they do not expect to roll back the deal, do they ?
bioman, to quote ..good to have you back. This place will not be same without you...lol
I wss laughing my a**s off to see totally clueless comments from that MD (you know who I am referring to) on HEAT PFS. She is now saying RFA+TDOX PFS is what management alluded to as control pfs of ~12 months (???). Talk about who is confused..lol
Good MF article albeit balanced. For various reasons incluing the Hisun deal, I am all the more positive now.
Tried to grab few more 2014 Jan 4 calls today..did not get filled.
Interesting - a 65k block BUY went thru at 7.65 this morning..
Do I smell good news ? With no news today, Monday is better..interesting because the 'projected 380 events' PR was released on Nov 9 which was Friday..
C'mon...trying to get some sleep over the weekend..lol
I think they do. Otherwise JC won't be so sure about release this month with only few days to go. I think they are walking the process of bouncing against DMC etc. I also suspect Hisun is aware of the top results as well.
I am sure you know there are folks out there who want to maintain their 'reputation' all under unbiased analysis cover. What really surprises me is such folks come out of woodwork so late in the game . Wait, should I be surprised ? Lol
FWIW, while my background is in Finance, I can vouch for the fact that even regular employees do not know any material information other than possible clever conjecture based on office traffic. Often any sensitive meetings are held at off-locations with less chance of regular employees finding out. I am not saying info. is 100% iron-clad.
One area no one can hide is general mood of the employees. If MT has hinted any bonus, that sure is a give away..lol
Lol..good try..I don't think anyone knows the exact date either. That will be an insider info. as well. The stock Halt process is exactly for that reason.
Great post..would luv to see that PR humble AF & his naysayer buddies
She (@aafiac) is digging into the HEAT details and indicated she might blog if there is enough time before the PR comes out.
Just throwing this one another thought on why results are dragging out to end of Jan.
1. Though 380 events were projected to have occurred way back in Nov 9th, insiders continue to buy as recently as 18th dec last year.
2. This makes me believe, they did not know squat about how results will trend let alone any more of the site specific details. If atleast one or two sites had turned their data in by mid dec., management would have had pretty good idea.
3. If above is not true, their buys would be considered as insider trading..period.
4. So starting mid dec (give or take few days), any meaningful tabluation would have started. Considering 8 to 10 weeks before the final read-out, we are still within the timeframe (end of Jan or even 1st week of Feb).
So at this point, I am not subscribing at all to the 'delay' thesis
FWIW, all of the recent CLSN option exercise filings have similar wording as well. No intention to sell
Great note and worth re-reading, if any, to understand the basis for the management's confidence on HEAT outcome.
FWIW, on twitter world, we have a new doubter today (and she is MD too) who is not believing a bit on Dox efficacy when added to RFA. She seems to be sharp.
More than making tons of money (for longs), I sure hope for the sake of HCC patients all these naysayers are wrong.
Waiting patiently...
Also today someone loaded up 3000 Feb 17 calls..that's a big bet