Nuvo

[stonedinvestor]

hels! What Up? Meeting is MAY 2.

May comes after April!

Ok, kidding aside. Me I'VE JUNKED SOME BABY BIOS into this speculative run up frankly just happy to be rid of them. ACOR is of more substantial heft and I like the fact that they are targeting the MS crowd. If you have MS you have trouble walking and here's where ACOR comes to the rescue. On the market by 09 and $120 million in sales by 2011.

Already have one product on the market! So they know how to sheared through the FDA process-
Zanaflex treats muscle spasm. $35 mill a year this helps defray R&D costs and liquidation to shareholders through secondariness.

So on May 2 they release NEW results further Phase 3 (2nd trial) Piper Jaff Target is $30.
I'm betting we get close to that by then!

~stoney

 

[gaj]

reuters quoted an analyst (yesterday) who said NUVO runup was on a bayer rumor:

http://yahoo.reuters.com/news/artic...4-09_19-03-56_BNG223824&type=comktNews&rpc=44

me, i shorted about 1 hour ago. i'll cover either EOD or tomorrow, and my stop loss isn't far away.

 

[hels02]

Ok, I'm convinced. I'm out. Thanks.

Was a nice bank of 40% for a week's hold ... that's after commissions.

 

[hels02]

You guys suck!! LOL!

I just left .15 on the table in the last 5 MINUTES!!!!

Ok, that's being greedy, I'm happy with my 40%...

 

[stonedinvestor]

Nice sell Hels. BoA downgrades NUVO to SELL this morning! ~ stoney

 

[stonedinvestor]

Quote from hels02:

Question about ACOR... why ACOR instead of ELN?
Could you enlighten me? I'm not a biotech expert.

Well I gave you the PERFECT DAY TO BUY FOLKS! Did you yesterday? We're up almost 10% already!!!


ACOR Buy / Sell 22.9844 1.79 8.47% $1,256.08 700 $20.70 $1,593.09 10.99% $16,089.08 Edit

 

[hels02]

I bought ADOBE and more GROW yesterday... and some DNDN.

You didn't tell me yesterday. Did you buy it?

 

[stonedinvestor]

Of course! Looking forward to helping people with MS walk better. ~ stoney

 

[stock_trad3r]

Quote from michaelscott:

Whats going on with NUVO? I do not trade bio stocks out of fear and especially this one. This one was a 20 dollar stock back in the fall and then something happened to get it cut to 4 in a day.

It looks like its still going on in afterhours. Can we expect more share appreciation after today?

After Hours: $6.45Change: +0.77 +13.56%Volume: 1,513,487

Stay away form buy-o-tech

once FDA rejection and your portfolio is up in smoke

And 95% of these comanies are money losing pieces of **** that get eventually get delisted or declare BK

 

[hels02]

That is very true.

Don't play these with money you need. The gains can be spectacular, but the losses can cripple you.

That said, DNDN beat me up today... I didn't buy stock, I sold puts. At this rate, I'm going to own a whole lot of DNDN in a few months.... (but $6 cheaper than everyone else ).