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Stocks on your watchlist Oct 2017

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Captain
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Posted: #76
$18.29 this morning up over 13%...10+ million shorts out there
I hope if anybody bought this months ago you held,I believe we will be much higher in less than a year.


 
Captain
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Posted: #77
Closing in on $20..
Man yall shouldve heard me talking the wife off the ledge when this was just over 9 bucks a few months back.She had absolutely no faith in this one and gave me garbage as it dropped lower after I had her add shares.
She just sent me a text to ask if I was watching,I told her I knew what it was gonna do days ago and sent her screenshot of my post from earlier this week,she then had the nerve to ask why we didnt buy more?!?!?



 
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Posted: #78

OMER is indeed giving you a wild ride. Down 50% and then up 110%. Somehow I didn't get involved at $9 because I had my eye on 100 other things. I'm happy for you and your wife that things are working out. 

The cash burn is still a concern so don't go too crazy with this one.

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Posted: #79

Nice run, lets see if she stays up for you and goes higher.

Wives are not fans of stock trading, I know mine has an_smash many times in the past.

 

an_timeout

 
Captain
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Posted: #80
Ive rambled on and on about what I think happens with this one..
Have you guys read thru the conference call transcripts and seen the news about 721 getting BTD from FDA 2x..the parameters they need to achieve and past results?Maybe Im being naive but its a literal slam dunk IMO...not an if but only when.
 
Captain
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Posted: #81
Did we just get legalized sports gambling??LOL
 
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Posted: #82

Yep.....casino stocks and casino provider stocks are soaring today. 

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Captain
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Posted: #83
OMER 24 

 
Covers Linesmen
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Posted: #84

Nice job buck, you deserve this run no question!

 
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Posted: #85

I second that! Congrats! It takes resolve and balls of steel to hang in there after a 50% decline.

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Captain
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Posted: #86
Id like to see a bit more push and I will sell a bit to cover my cost on the options maybe take a few bucks profit..
Thanks fellas

 
Captain
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Posted: #87
Over 26% of the float is short ...numbers from 5/31
Shareholders meeting this week a good PR or phase news and she runs again..Im gonna add more if she shows me 18 or lower again,I will just keep skimmimg profits while keepimg more core of cheap shares in full
 
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Posted: #88

That isnt a huge percent short really...not anything that would make a big squeeze IMO.

I was going to ask you what made this drop, its been on a solid move down the last two weeks or so?

 
Captain
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Posted: #89
Not sure other than the hit pieces being put out by the same old bashers..7 out of 10 days have been green but still down.No news for weeks this thing always drifts lower.
Hoping for some good news out of meeting,deadline for Euro partner July 28th..
Bought what I could but I have a good sum tied up in this already..

 
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Posted: #90

If it goes into the low teens I will probably buy some. Ive had many biotechs in the past and patience is the hardest thing. My only reservation here is the market cap isnt cheap and it just isnt trading really well..meaning its just kind of slumping along and that kind of makes me wonder. It has a billion dollar market cap, limited sales and limited cash...they will have to either take on more debt or issue shares to raise cash and that wont be good if they have to do a secondary.

Ive found more luck historically taking a flier on microcap biotechs that are under 100M, this one has a bit of a float for a small company (revenue wise) so the risk reward might be small. If you think that things go well, what market cap are you seeing them at and what other companies that are very similar are at those levels? What revenue level do you see them at in reality in 3-5 yrs?

 
Captain
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Posted: #91
I dont wanna guess where this could be honestly..
Near-term I expect permanent reimbursement for Omidria..while thats not huge it is enough to fund trials of pipeline..its use grew 25% qtr over qtr.Omidria revs return Oct 1st now with VA,pediatric use approved,possible Eu partner end of June..
721 will be competing with soliris which held the dubious distinction of being the most expensive drug in the US at 18k per dose about 500k annually in 2016..thats just for aHUS and the side effects are nearly lethal..721 testing for  aHUS and other indications(5 in all I believe) thus far without those side effects.For example HCT-TMA,no treatments currently available and the phase 2 results were said to be "STELLAR" prompting inquiries for Accelerated Approval with FDA and EMA.Breakthrough Therapy Designation(BTD) twice from FDA..not many drugs have had that,I cant find an example of one that recieved 2x and wasnt approved.
Theres been talk of BLA already..Orphan status from EMA
Alexion(soliris) is trading at $120 with 220 million shares trading at 40x revs..
Several other drugs in different phases of testing who knows where this could go.

 
Captain
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Posted: #92
Google "Omeros pipeline" and tell me thats not worth a gamble

 
Captain
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Posted: #93
50 million float,25%+ short..would word of approval not set this thing off??
 
Covers Linesmen
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Posted: #94

The market is fickle on these biotechs...I dont know enough about that other company you listed to give comparisons or know if they are similar. 

I wish the market cap were lower, less shares because that means more potential upside. I need to do more research on the potential...it makes me scratch my head that given where the company is now that they are just kind of keeping a lid on it and not really speculating heavy on the upside potential in the near term. Makes me think the market feels the road will be longer and slower than you are thinking.

The way to really send a biotech into orbit is to shock the market with a development nobody knows that has potential for a big home run...and I dont think the market sees Omidria as the home run because plenty is known about it already and the stock has been sitting in neutral/negative for some time. I dont know the rest of the pipeline and I guess I need to learn it. I dont know that 721 or how it compares to the soliris you mentioned nor if that is a one trick pony for that company?

 
Captain
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Posted: #95
Alexion has two other drugs on market but soliris is the $$ maker...and they aquired one drug by purchasing another company.
Its not just the drugs OMEROS has in development either they own patents on different lectin pathways for drugs yet to come..one of the conference calls had a section on this.
I would think any kind of approval is at least a year from now but I really dont know seeing as how there is no treatment available for HCT-TMA.FDA has made statements saying theyd like to speed up the process for these types of drugs...even if it doesnt happen here EMA could drop approval first.

Either way Ive got a nice chunk Im just gonna hold for a while but I will be flipping some to pay for options and Id like to buy more options end of this yr or the start of next.
 
Captain
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Posted: #96
Omeros got the ok for phase 1 of OMS527..addiction treatment nicotine  will be first..."the company holds broad patents internationally directed to PDE7 inhibitors for the treatment of all addictions and compulsive disorders". 
 
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Posted: #97

Nice bounce off 18 on Monday...I hope it keeps going up for you.

 
Captain
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Posted: #98
Id take a slow rise for a few weeks and then a PR on Euro partner to finish July with a spike please
 
Captain
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Posted: #99
Still slowly grinding higher,me likey!
 
 
Captain
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Posted: #100
Dropped some omer today,just wanting to have some trade action.I entered IVZ nothing huge just under 350 shares $25.45.
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