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.
Ok. Where do we go from here?
Major point. Right on.
What kind of reaction to news is this?
Sell on the news?
A bear raid by shorts to knock price down ,so they can cover at lower prices
Whatever it is, it ain't pretty.
stock is getting hot. More people will start showing up on this board.
I don't think that today's price action is due to them. I think they know that approval is coming and they want in on the action. True, their experience and knowledge will help this co. from here on out,but the true heros, to me, are the people who thru the years got us to this place.
Oh, OK. You are looking
at additions to the co. I was thinking at Big Pharm looking at us.
Bigger blocks of stocks being accumulated. MM's manipulating this stock like crazy.
Somethings up.
what names? Please.
Isn't something supposed to be taking place,courtwise, in and about this time frame?
OK. That is what our side claims. Boy, I felt great there for a minute.
I just caught my breath! The judge erred in giving a summary judgement,and he is open to a reversal ! He says there are facts here that should have gone to a jury.
Am I right? Oh My.
Sorry about my multi messages, do not know how that happened.
Thanks Elis
As I read the appeals process, I see seven steps,all before panels of judges. No juries involved?
What are our odds? we need a miracle.
Is that all there is?
Monday.... Do or die day?
On what day do we go to court?
AS I said before, the great ASCO PR was a non event.
Bavi is a one trick pony. The co has been milking you people out of your savings for over 15 yrs. You old timers have been drinking the kool aid so long,you have become pollyannas. Upstairs people have you pegged They release a fogged up PR.and you guys will find a golden nugget in it. Then they ATM some stock and buy their cars and homes etc. In between PR"s, keeping you stirred up, they have a couple of paid Pied Pippers, . praising the Co.to the high heavens. All of course,IMHO. I have traded this stock and lost my ass. I'm outta here.
This company really excels in bogus PR"s. Beware.
.
.
Recs
5
Back to Yahoo!
Biotech Companies: The FDA Doesn't Care About Your Phase 3 Trials
By Brian Orelli | More Articles | Save For Later
May 20, 2013 | Comments (7)
KERXKeryx Biopha
CAPS Rating 1/5 Stars.
$8.10 $0.16 (2.02%)
+ Watch KERX
on My Watchlist
More about KERX
Is Keryx Biopharmaceuticals Burning Too Much Cash?
3 Key Takeaways From Keryx's Earnings Report
BROWSE ALL KERX ARTICLES
Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
• Click Here Now
Biotech company Peregrine Pharmaceuticals (NASDAQ: PPHM ) was up as much as 33% today after announcing that it's starting a phase 3 trial for bavituximab in non-small-cell lung cancer.
You read that right. Not up 33% because its phase 3 trial was a success. Up 33% because it's starting a phase 3 trial.
Now granted, Peregrine is a small biotech company. The bump in share price only represents about a $70 million increase in Peregrine's value. But I'm not sure the news is worth even that much.
My best guess is that investors take the start of the trial as some sort of endorsement by the Food and Drug Administration. Peregrine even mentions the agency in the headline of the press release, highlighting that the company "has reached agreement with the FDA." If the agency agreed to allow Peregrine to run the trial, it must think the trial will work right?
Sorry, it doesn't really work that way.
The FDA is pretty open to biotech companies running clinical trials to test their experimental drugs, as long as there isn't a reason to think the drug will harm patients. If a biotech company can find patients willing to enter a clinical trial, the FDA is usually fine with a company running the trial. After all, that's the only way to definitively determine whether a drug works
IMO , ASCO is a non event. PR took care of all that they have to say! Which in itself is also a non event.In essence, FDA is telling pphm, "Go ahead, prove what you got". That in itself may take years.
IMO, the two 500,000 shrs at $1.92 prints in AH are ATM sales. Why after hours,and under the radar?.
He is quietly running up a wonderful bill for himself.
So, what is the next step, and what are we waiting for to happen?
The rumor was that they were going to dump 7million shares in the mkt. This morning it came out almost as a secondary offering. 1.2 mill at 12.50. Thats good news.That will be sucked up in a hurry.This a.m. stock selling at 13.20 pre mkt.
Not so funny
What bothers me is that DD is looking out for himself.
He is the plaintiff. If he can get his appeal to go to a jury trail, I believe TM will sit him down and give him the deal he is looking for . They will look at him as a nuisanse, pay him off and he will drop his case.
Screwing us up once and for all.
A stake thru the heart? I don't think so.
5 mill for two weeks work? Lawyers and judges are right behind congressmen as country's biggest A_holes. Come to think about it,aren't congress people EX lawyers and judges?
TM is throwing smoke and mirrors,and fear into the mix.They are going through the company's sordid history. what has that got to do with the patent?
Bottom line, does it work? Is it ours?
DD has to continue,He has to put up a couple of more bucks
in the pot. If he doesn't he is on the hook for millions. If he can get this before a jury, he can turn this around.
democracy..... The best Judges and Comgressmen.. that MONEY can buy!!.
I have only been in this stock 7 months. In Sept. I was skinned alive. I bought in again, and its happening again! Some of you people have been here for years, and you still don't get it. I did a little basic research and its as plain as the nose on your face. Shareholders have been scammed by executives for years.IMO.
Over the years shareholders have been chaseing the carrot on the stick. You have been R/s"d, lied to,gray PRs, ,ATM'd, back door dealings, false promises, cancelled meetings,every dirty trick in the book. And I believe they have invented a couple of new ones.
Upstair people treat you like their private piggy bank.
My problem with them is what ever they say or print is never corroborated by a hands off third party.They run private tests ! The results
are in their private hands.They the only ones who know what they truly are. And they are taking Zacks down with us. Notice how Zacks is backing off?
enuf whinning. I;m down big bucks.
Alpha says "Stay away: Ain;t that just fine.
How will the 3/4 of a billion shares o/s affect future price? I guess the strategy is buy here and hold for years.
I don't know anything about law.
But in my eyes, the judge originally said we were dead. After more thought, he then kicked the can to another judge. He just could have just done nothing and hope it would die. Why? Anyway we are on life support,in the ICU.
He thought he could get away with it. But he must have read this board. This is a hot potato,or he would not have reversed his position. He is now covering his ass. How many judges do that?
(Gonna have to give somethng back to ???)
Make fun .. We are all bag holders. Open yours, see whats in it.
I believe in conspiracies.
How about this one.
They are the only ones sueing. They did it for a reason.
TMOB pays for the problem to go away (secretly)
This is a disclaimer, NO names mentioned.
Let us see if this case goes on.
This distance thing is complete BS It is a diversion to gum up the real reason for this case. .That is not the meat of this case IMO. Tmob signed an agreement, Non Disclouser and none use of patent. If they used it for six years and and tech changed, then they owe us 6 years of use.
This judge is railroading us up the river. Just because he can;t figure out the distance BS (maybe he can!),He is trying to toss this case into the court dumpster, hopeing it don;t show up again
Where does he get off saying if he can't figure it out, a jury can't either. I say look under the table to see what is really going on.
1,000,000 ticked at 4.74, in one lump. Who is selling at this time?
There goes 12 yrs and 100k
I hate bought judges.
DD how does it feel to have a bought judge rule against you?
End of a miserable saga.
Why did NOK sell its HQ building?
Why would you need it ,if down the road you know you are going to be taken over.
80 million shares traded, up 1 cent.... Thats Nutz
All I can find in news is that Yahoo Shopping, picks Lumina in the top 3 buy in phones.
The stock market God has heard me. $4.00
They are still selling short.
They are nutz.