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Absolutely agree.
I think too many people have had excessive pps expectation incl. Shadow, Tappy, and others. Reality is much of the FdA approval (potential) is mostly priced in already.
I too think we might hit $5 plus in pre hour trading on the day of approval, but not likely to sustain during regular hours....at end of year my expectation is low 5 at best...
With some material news on QST, QSM, Pfeizer collaboration, and international collaboration, we might see some pops but ultimately sustainable pop won't be until revenue confirmation and when we become profitable entity.
Scott Matusow still thinks we will get bought out soon after fda approval... Personally i would be all for it. I know most of you don't think the management will sell, but then again Atrs management - same ones doing monthly selling their shares - may do it for various reasons we the small investors don't understand or agree with.
I m beginning to think the chance for acquisition is good.. I hate agreeing w. Matusow but i actually do.
otrexup approval is just 3 + months away and not 4 1/2 months tappy... ( early to mid oct decision ).
agree w. most points...
if we rise too exponentially, we will undoubtedly come down just as fast without some real ' meat ' in terms of news... i, along with many others , hope there would be one or more of those this time around.
also, if by chance we rise to 6 $ range before approval, i actually think there will be sell on news type of trading action ( imo ) - which is fine, as it will just take some time to consolidate before 2014 rollout....and PPS starts to move higher.
in any case, i think next 30 days should be interesting..
personally i think we will re-test 52 week high...sooner than later. if it happens sooner, i will exit. if we do not get much of a run up towards Oct, then i shall keep my shares. not totally sure yet.
no buyout anytime soon, imo. just does not make sense. big pharmas have money...it is not about saving few millions in acquisition price, by buyng atrs early.
cheers from korea
sounds good to me.
for some reason, i didn't know about atrs until late last year and took few months to study before jumping in.
i have never been good at getting in at the lows or gettting out at the highs. i do my thing and am content w. that. only one i have been lucky is ACAD. when it was in the lowly 2s i got in...and out with 3X gain... maybe i should have stayed but i am alright.
as u say, atrs could become a strong double digit stock in time, i admit.
in any case, with all the irritation with inside sales aside, many posters here and yahoo, with some differences aside, agree that we have a relatively low risk, high return scenario...and that counts a lot.
looking to add to big positions in gale and cndo so looking to get out of atrs if and when we hit my tgt. if not i wait too. i have a lot of time as a retiree....
cheers
ryman,
think u r right on re: comments on CEO's ego and that he is doing a great job
having said that, i rather have a competent leader with an ego issue than many other alternatives.
ATRS isn't perfect - far from it, but nevertheless, very good company - imo.
agree with lowered price tgt as well. unlike all of these posters with vision of double digits, i am looking to exit entire position in the mid 5.
been holding for six months and i think another 3 months might do the trick.
great videos JR.
congrats.
i got a long way to go before my two kids reach that stage of their lives... i got married very late in my life...40's...and kids are still very young..
cheers
why wouldn't they ? (sell at highest PPS possible).
I know I would ..
I think Friday trading might be interesting... last day of the month/quarter... chart looks good... due for some news (other than patents) soon.
Looking forward the next 3 months. This should be the quarter we re-test 52 week high imo. FDA approval maybe 1st week or two of Oct who knows, a bit earlier than the date designated.
I might be doing "Kang-nam Style" dance if we ever get any material news out of this company... it's been a while
sold to cover tax implication. no big deal.
but atrs is indeed a strange stock... as $heff puts it, hard to predict PPS movement. not always sure where this stock is headed short term...although we know it will be much higher this time next year.
think we will see some news next week. just my hunch re: PFE
BSAV, good reading!
Of course. Why wouldn't institutions trade... just much less frequently. I guess one institution unloaded few hundred K or 4-5% of their holding. Not a worry item by itself, but a data point nevertheless.
For me, I am looking for what the institution holding will look like at end of this year, assuming we get our Oct approval and things are on track for main drug and misc items that everyone is speculating about. I surey hope by then, we will have majority of shares in their hand and not retail.
For now, I would like to get through warrant expiration and get "tight lipped" ATRS management to inform us more about PFE drug, TEVA filing and other relevant, material development that will put some real teeth behind the share price and forever say "so long" to sub $4 price level.
Still think we'll touch $5 level within next 30-45 days, and re-test 52 week high. Not sure if we can sustain all of its gain, though, w/o some help from ATRS management and PR w/ teeth.
I may be on the minority, but if we get reasonable run-up between now and Oct, I think there is a chance for a "sell-off" on the news after the approval (for a short while that is). Personal opinion only. It all depends how next 90 days develop, but it's a possibility for me.
Anyhow, that's still 5 months away. For next 60 days, I am very optimistic - technically speaking on the chart, presumeably imminent PRs on some key developments, key conference in June, warrant expiration related share action (if it is like last year, except there is only 1 million warrants expiring this time around).
All good for now, but I am being very careful not to get too complacent IF/When stock moves up w/ rapidity...
Point was 10K share is not significant... happens all the time with most public companies. I've done it during my 15 years when I was an corporate officer, and I did it for a number of personal reasons. Price of $4 they sold makes some sense, as it's where their funding was done at. I speak for me, but I am not at least worried about this sale. On the other hand, there are other developmental news that I am waiting for to get more clairity - not worried so much but anxious to see something tangible.
last two day decline, i think, is mostly from earnings & lack of PR/news.
I suppose, many retail, who sold into the last week's run, can make this bigger than it really is to get cheaper shares, and that's fine too.
This stock will run soon.
it's pretty insignificant, other than the fact it was done w/ rather uneventful earnings release & call, with a strong run-up with 'some sort' of anticipation for relevant news...
why 10K shares when they are holding millions? who knows - prob personal, tax, or something. They did it in Jan 2013, 2012 Dec... although I think it was 25K shares.. we didn't take much of a hit in PPS at that time.
i still think the drop is more due to no relevant news at earnings call. imo
this will blow over, if you have time, then be patient.
i think next 30-60 days will be telling.. i still expect news on PFE drug, TEVA filing, etc.
cheers all. still holding 160K shares. avg price 3.69
AH is down probably due to insider sells - 3 of them... all totaling 32K shares - peanuts.
Nevertheless insider selling isn't a good thing, coupled with dull earnings release/call, there is a downside pressure. How much - AH action doesn't mean as much as tomorrow's trading day.
I suspect we'll gap lower just because some people will be frustrated, pissed off, or whatever, and shorts will pound.
There is a good support in the mid to high 3.6's and hopefully it will hold.
I think in few days, very short term traders will blow by and we will need to consolidate again, until "real" news.
I am now holding 160K shares with some dry powder so I took advantage of decline today to pick up some and will probably do the same rest of week, if share action is lower.
It is rather comical that these already "wealthy" executives sell 10K shares for any reason, but I suppose people do what people do.
Let me know what you all think of the insider sells
steve
agree.. nothing really... ATRS defintely not into showcasing the company to the investors.
let's listen to the call...
good days surely will come with material news/PR, beyond the quarterly releases
First, I like Scott personally. I know him well.
But I follow, listen and read many others like him for different points of view based on their due diligence (or lack of). $hef is another one and I think he's one of the best period. Having said that, I don't think most people treat any of them like "God". That claim is pretty outrageous. I for one do not always follow them with their picks but respect what they have to say. I disagree more than I agree, and that's OK. It's my money so I make my own calls.
Now back to Scott and ATRS, I think Scott's take on ATRS is very solid - his insights, his source(s), etc. I think he was one year early. That itself is the only reason I refer to it, but I dislike the fact that Scott gets in and gets out in matter of days with many of his picks, so I prefer him staying out of ATRS altogether. But it's his life so he can do whatever he wants and I expect him to come in soon and get out when we start to make a run towards $5 (if that happens).
Here's hoping for a good May!
Ryman
good info. good to know.
Bio
In my research also, there isn't a stock much better than ATRS at this point - level of risk versus reward. There are much more riskier ones that w/ a lot of luck, through binary decision, that you might make a lot of money but comes with so much risks.
I think after rapid run last week, this week seems to be settling in (hopefully at 3.6~3.7 level)...
Still hoping for some 'real' news sometime this month. June 'should' be a month that we see $4's... July even higher before we take a breather for a month or two.
For what it's worth, I thinkk Scott M will probably buy back into ATRS in the next week or two. Problem is that he pulls the trigger too quickly when he sells, so I am not sure if he is much of a help.
Here's hoping 3.65 holds... Would not want to see 3.5's again...
TD
Is today the break out that we've been looking for? you surmised that we may reverse the trend not later than early May... which is just around the corner...
depends on how we close today, we just might...
i am not all loaded up yet, but it's alright...
Yea, ATRS is a tough one for short term traders. I actually like this range bound (at least for now) as I am on an accumulation mode, buying several K shares 1-2 time per week adding to my base shares.
As Scott, I believe ATRS is one of the best stories for Q2~Q4 this year. I am not a big believe as Scott is on acquisition, but if it happens, I don't think I will be too unhappy about it. If it does not, well then, I have a chance to hold my base shares for a number of years.
AVEO - I have several K shares into a run-up - although whether that happens or not, I don't know. plan to dump before 2 May but will prob have some call options in case of a positive news.
Looks like Scott Matusow sold ATRS today... don't think he had more than 15-20K shares... he says he is looking to get back in soon though...
he says it just isn't doing anything... and want to re-assess this weekend.
I told him to get in before 6 May earnings call, and he sort of agreed. He is still high on the stock for the summer and beyond..
as am I...
I am continuing my accumulation... buying 1-2 times each week until all done (May sometime).
Good luck
Well, pathetic volume; no buyers... slow walk down...
setting us up for a fall I think... only way to get some volume here.
i hope 3.35 area holds... it's been approached several times in the past month.
this has been a slow chinese torture I must say.
am going back to not watching this thing.
hope everyone is ignorant of this torture.
JrD
you have a reasonable cost basis (3.6?)
I hold 122K shares now, but at 3.845, so I am in a hole by $50K. I don't lose sleep at night but no fun, nonetheless. I jumped in a bit too early when this was trading at +/- $4. Been buying steadily each week and plan to until I get to 150K (and maybe around 3.7 cost basis). Of course, if we continue to decline into high $2's as some people are saying, then my cost basis will come down to 3.5's maybe. Better # but what a pain just thinking about it.
in any case, chart isn't everything, but it looks bad. we are below all the moving averages. The general market has been very good and we've performed miserably. If the market turns sour, coupled with no immediate catalyst, this stock is in trouble.
Having said that, I think in 60-90 days, we'll be fine. It's the short term dips and pain.
good luck.
TD
what do you make of today's action? don't want to see 3.5 level breaking... there are some short sellers today pushing it down.
technically, we are a mess now. hate to see this re-testing 3.35 level. if that breaks, we may see 2.9's...
i am a bit surprised of lack of buying interest at this level.
earnings or c/c wasn't good or bad...
so some of you think this is gap filling?
there is a gap in the $2.9 level too....
we'll see soon...
Key day today....
what do you think longs... do we hold 3.35 level or are we breaking down to a lower level?
this is getting a bit ...something I can't say online..
need a drink
I think if we do not hold 3.45 today and tomorrow, then I do think we will hit low 3's... i wish it does not as i hold 115K shares, but this is trading really badly. there just isn't much catalysts out there in the short term.
having said that, i think 3.45 will hold, as we try to consolidate next few days... if so, then we will go towards 50 day moving average next week or so.
my 5 cents
guys, this is quite discouraging. shorts are walking this thing down every penny of the way...
w/ little catalysts on the way, hmmm...
any thoughts
No. I think NDA acceptance was expected. If it wasn't for the extreme decline we've seen for the past month, we wouldn't even be up 5%.. imho
All this news may do is to reverse the decline, and I hope it will do that by end of day. If we can close 1M shares + and retain this gain then we are going to go higher, but due to severe technical damage to ATRS, it will take some time (I think 30-45 days to get back to high $3's)
Should we get material news, then the upward climb might be quicker, but otherwise, we will have to churn hard, fight hard to get back up to higher levels. you cannot ignore the severe damage to the technicals, even if it is a biotech stock.
i am still holding 115K shares (avg 3.866), so I got a way to go just BEP... I think i might reach it within next 2 months or so. By fall, I think we wouldn't be worrying about sub $4's...
my end of year target is 5.
good luck all.
Hi guys. YH board has gone to hell since some of you left. IHub is not visually attractive, but do admit there are some positives.
re: NDA acceptance. I still think the market expected this, so I do not expect huge share price move today, other than perhaps stop this one month long decline trend. That itself would be a huge plus. Then, my hope is that we steadily repair the bad technicals for the next month or two, putting us back into $4 territory.
For today, I think if we can close with 5~6% up, with high volume, that would be a big step.
good luck guys
steve in korea