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Leo only reads the boards when he gets a lot of emails or calls about a particular subject
They were stock awards not options. My error. Buy or lose
Dr B sold no shares. He exercised options or lose them. IPIX paid his taxes on such shares. He then retired enough of his stock to cover the taxes. Those shares are now held by Corp as treasury stock. No shares were sold in open market....
Gifting shares at this price is genius
Celgene will not be our partner on Prurisol. Let me say it again. Celgene will not be our partner on Prurisol. And the reason should be obvious
But nice to fantasize
Wishful thinking
The only news that will mean anything is a partnership with a big check
It was never started. It was planned out. Leo felt correctly that his limited resources were better spend on B-UP and B-OM
ABSSI was put on hold due to cost
It was never confirmed it was J&J
Don't expect a PR tomorrow.
Even if P fails, a B-UP partnership will get done immediately
They say cancel their options and in the next breath they should buy more
They have plenty of stock and have loaned the company money to keep it afloat early on
Totally false
Not necessarily. It could be less effective than Otezla and still be valuable with little to no side effects. The better the results the more Prurisol is worth
With all do respect. These numbers are meaningless
Everything does not ride on P. They could partner B right now.
There was never a PR do out today
Leo is open minded and understands his fiduciary responsibility. It all depends on how much
Just buy more
We need a large infusion of capital from a partnership before we see a significant move. The good news is that we didn't pull back sharply on the news as in previous instances
Does crohnsandcolitis.com have a message board?
Cable, imo if deals are there for B and K next year Leo will sell the company. And that will be some pay day for all
Love that scenario
B is more complicated with all the different indications. Also U of Penn gets 5% royalty on net sales of all B products. We will be much better off with an outright sale of the B platform
I think he has been less vocal about K. I know the BP gave him guidance on what they are looking for.
He has said P for partnership, B develop thru ph3 if possible to maximize value.
Old Fibonacci is often right. Believe it or not
Thanks Flash
This pullback is a classic Fibonacci retracement
Leo has said P is his first choice to partner. Then he can develop B's various and multiple indications to maximize the $$. He has been consistent. If for some reason P does not deliver as hoped he can always partner B
Why not .70 .60 .50?
Agreed. Cash in bank is key. Partnership, partnership, partnership
Fully diluted share count is about 180,000,000
Those expecting a big pop might be disappointed. When IPIX receives a big check the stock will have a big pop
In fact he has loaned personal funds to the company to keep it afloat. Salary is modest in comparison to other companies. No piggy bank
If there is only one buyer out there you could be right. But the thirst among BP for new drugs is never ending therefore the likely hood of multiple suitors should lead to strong bidding