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cliffvb

12/04/15 10:51 AM

#15459 RE: wadegarret #15458

RLYP I am surprised that BofA didn't ramp up their estimate of first year sales at $23 million after reading their survey. They did say that their estimate is "conservative" based on the survey. I added shares this morning.
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researcher59

12/04/15 11:24 AM

#15461 RE: wadegarret #15458

Wade: RLYP price target of $27 sounds reasonable .... I don't think your short term $40 price target is realistic. Merrill sales forecast for 2016 is very disappointing, so let's hope they're wrong. I'm trading and hedging around a core position for now.

I have no interest in owning KERX at $5, but good luck with it. I think they'll need another cash infusion in a year from now just to stay afloat unless their drug sales suddenly zoom which I doubt.