Acadia Pharmaceuticals Inc. (ACAD)

[gi197845]

Yes, I believe ACAD is a good long term investment. Yes I have been invested in ACAD for a long time. Yes, I want ACAD to succeed in share price and in helping people and hopefully it will get bought out. I don't have any plans to sell my ACAD shares. However, after having said that, here's my immediate concern...

Ok, so we know that the Q1 2020 results will be released on Thursday, April 30th, 2020 and I think the share price will drop dramatically, for these reason...

Sales will be lower due to COVID19 causing patient/sales issues, meaning patients are dying and meaning that the sales force is not allowed into nursing homes or hospitals anymore.

ACAD costs will be up, because they recently hired 400 sales people, that can't go to hospitals or nursing homes, due to the COVI19 lockdown/restrictions.

Who agrees with my thought process of ACDA going down after the Q1 2020 report?

It's tempting take a profit now, then sell before the Q1 2020 report, then buy back in much lower. However, I don't think I want to risk doing that, in the chance that I am wrong.