Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks bud. I've been around for a while now. Have a bunch of shares already just adding some more..
Ive been around for a while got a bunch already. just adding some more...
I picked up some more yesterday at 2.289
so for us early guys. What's everyone's cash out point?
Any day in the green is a good day.
I jumped back in at 1.89. Was able to score a few extras with the slight profit.
Hopefully we hit bottom today.
Well this will likely head below 2.00 next week. In my one account that I'm up I'm selling and locking in 15% profit and I'll rebuy sub 2.
I'm still up 40% in one account... Im debating selling the shares there and buying back in next week.....
So are they basically saying that the revenue for focillianxr will be lower due to compition from other generics but that it should be released anytime now?
Im not happy about more dilution... We figured they had 2.5-3 mill in cash still which should almost carried them to next year...
This is going to push price down more.. I can't see a reversal today happening on that news.
Do we know what current cash is at? Wondering if there will have to be one more round of stock issue to keep going until FDA approval....
Hopefully all the profit takers and shorts are gone and we can get another good day!
About time we see some life here! With all the things in pipeline I can't believe it took this long.
I've made my losses up from BB and apple today and some.
I don't see IPCI on the list.
An interesting read on ANDA approval process...
http://www.lachmanconsultants.com/inspectional-delays-a-continuing-problem-for-timely-generic-drug-approvals.asp
Basicly if it's not designated as a priority you're SOL...
Where is this smart money? I don't see anyone scooping these up as people sell. Im starting to wonder if there is something were missing.
I can't lie... I agree and its making be a bit nervous. I wish the FDA would hurry up already.. Maybe they should just schedule the bell ringing Already and get some more buzz around this stock prior to approval. They've been saying anytime now since last August...
The one big seller the other say... Was it an insider? Cause if it was why would an insider be phased by a report from zacks
Has anyone read the Zacks report?
Any nws on the bell ringing? You would think they would've got a date by now...
I know Dr. Isa Odidi held a promenent position at Biovail, That he and his wife both have extensive experience in controlled release drugs.
I know they got I think its 8 drugs in the pipeline submitted for ANDA filing. The big one Focalin XR which has all manufacturing and legal issues all taken care of can be done any day.
The big one thats a way off that Odidi sold me on when I met him was Oxycodone CR, their tamper resistent version.
From the discussions earlier we can estimate they're burning 330,000 a month roughly (2.5-3 million used in 3 quarters)
So upto yesterday they were probably at less than a million (not by much though) So with yesterdays infusion they proably have 4-6 months of cash.
I also know that the company has existed for 15 years and never turned a profit...
I'm just curious why they would take 1.5 million form Odidi at 12% rate when they should be able to easily get 1.5 million loan or line of credit with a rate of 4-5% that the could pay back at anytime as well.
Why wouldn't they just get a loan from a bank at 4-5% instead of 12%?
Im more personally concerned that they run dangerously low on cash before all the hoopla happens and have to issue more stock diluting the value...
How many months has it been for foloxcinxr excuse my spelling..
At what rate is this being used and how much longer will it last?
Do we have any news on approval or cash left?
Can someone explain what L2 movement is?