Author Topic: Stocks  (Read 800584 times)

Online ExGingi

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Re: Stocks
« Reply #7000 on: May 31, 2022, 08:31:07 PM »
So make fractional options contracts

When that happens (and standardized), stock splits will likely be a thing of the past. Look st the popularity of emini contracts.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online ExGingi

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Re: Stocks
« Reply #7001 on: June 01, 2022, 02:31:05 PM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline yos9694

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Re: Stocks
« Reply #7002 on: June 01, 2022, 06:56:27 PM »
Obviously the guy named stare decisis thinks that the current situation should be compared to one arbitrary prior outcome

Offline madhocker

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Re: Stocks
« Reply #7003 on: June 02, 2022, 02:37:32 PM »
FDA meeting in mid June.
My doctor friend isn't as sure of this one as he was of the last one. But his reasoning sounds solid to me.
Any update on meeting date?

Offline Mf1

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Re: Stocks
« Reply #7004 on: June 07, 2022, 09:13:18 AM »

Offline Mf1

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Re: Stocks
« Reply #7005 on: June 07, 2022, 10:46:37 AM »

Offline YitzyS

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Re: Stocks
« Reply #7006 on: June 07, 2022, 11:35:17 AM »
https://www.streetinsider.com/dr/news.php?id=20183944
Blue meeting this week 9/10 of june
I see BLUE is up about 14 percent, after a drop yesterday.

Offline incendia

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Re: Stocks
« Reply #7007 on: June 08, 2022, 03:31:31 PM »
Data shows bluebird bio's blood disorder therapy effective - FDA staff
BY Reuters
ó 8:53 AM ET 06/07/2022
June 7 (Reuters) - Bluebird bio's blood disorder treatment demonstrates "clinically meaningful" benefit in patients, staff reviewers at the U.S. Food and Drug Administration said in briefing documents published on Tuesday.

The company has applied for approval of beti-cel as a one-time gene therapy for the treatment of Beta-thalassemia patients dependent on blood transfusions.

Data provided in the application supports the effectiveness of beti-cel for treatment of these patients, the FDA staff said https://www.fda.gov/media/159009/download.

The reviewers also published documents https://www.fda.gov/media/159010/download for bluebird's other gene therapy, eli-cel, for treatment of a rare neurologic disease called cerebral adrenoleukodystrophy (CALD) in patients below 18 years.

Agency reviewers said it was unclear whether eli-cel's efficacy is non-inferior to stem cell transplants, which are currently the only treatment available for CALD patients.

A panel of FDA's outside experts is scheduled to discuss approval of eli-cel and beti-cel later this week.

The meeting marks a defining moment for the gene therapy field, as it is the first time the Cellular, Tissue, and Gene Therapies Advisory Committee has met since 2017. The panel had then recommended approval for Spark Therapeutics' Luxturna, the first gene therapy to be approved in the United States. (Reporting by Mrinalika Roy in Bengaluru; Editing by Sriraj Kalluvila)

Offline ckmk47

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Re: Stocks
« Reply #7008 on: June 08, 2022, 04:25:17 PM »
I see BLUE is up about 14 percent, after a drop yesterday.
The committee gives some preliminary guidance 2 days before the meeting.
The meeting is Thursday, so probably no trading on Thursday. As reported by incendia, it looks good for them to approve the drug.
I've done best when I sell out at market's opening the next day, Friday. The price spikes and then drops back a bit.

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Offline madhocker

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Re: Stocks
« Reply #7009 on: June 09, 2022, 08:26:16 AM »
The committee gives some preliminary guidance 2 days before the meeting.
The meeting is Thursday, so probably no trading on Thursday. As reported by incendia, it looks good for them to approve the drug.
I've done best when I sell out at market's opening the next day, Friday. The price spikes and then drops back a bit.
Indeed. Stock halted already.

Hoping for positive outcome as I am in @2.98 when first mentioned here by @ckmk47 ...

Offline Mf1

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Re: Stocks
« Reply #7010 on: June 09, 2022, 08:37:39 AM »
Indeed. Stock halted already.

Hoping for positive outcome as I am in @2.98 when first mentioned here by @ckmk47 ...
Still trading on Robinhood
it seems online that the halt will also be tomorrow
https://www.businesswire.com/news/home/20220609005538/en/bluebird-bio-stock-trading-halted-today-June-9th-and-tomorrow-June-10th
« Last Edit: June 09, 2022, 09:05:28 AM by Mf1 »

Offline Barryg

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Re: Stocks
« Reply #7011 on: June 09, 2022, 11:58:27 AM »
MOBQ?
any idea whatís going on with MOBQ the past half hour?

Offline YitzyS

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Re: Stocks
« Reply #7012 on: June 09, 2022, 08:36:21 PM »
BLUE is closed for trading tomorrow also.

When it goes back on market on Monday, should I sell, or should I wait for actual approvals later this year?

Quote
The FDA is expected to make a decision on beti-cel by Aug. 19 and eli-cel by Sept. 16.

Offline yos9694

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Offline Mf1

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Re: Stocks
« Reply #7014 on: June 09, 2022, 09:20:07 PM »
BLUE is closed for trading tomorrow also.

When it goes back on market on Monday, should I sell, or should I wait for actual approvals later this year?
The recommendation above was to sell at open ...

Offline ckmk47

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Re: Stocks
« Reply #7015 on: June 09, 2022, 09:21:58 PM »

The FDA drug approval process:
An analysis is done of the drug trials and other information. A Staff Report is prepared with their results and recommendations, and released 2 days before the meeting of the Advisory Committee.
The Advisory Committee meets to discuss the drug. They arenít bound by the recommendation of the Staff Report, but often will vote the same way.
Eventually the FDA will announce their ruling.



BLUE has 2 drugs up for approval. The Staff Report came out on Tuesday. Each drug is being given a hearing day. So thereís no trading of BLUE on both Thurs and Fri.
Thursdayís drug was the weaker of the two (in my friendís opinion) and the advisory committee recommended it 15 to 0!  ( Only 10 kids a year will need it and it may eventually cause cancer in the patient, but without it the kid has neurological problems and dies by 11 yo or so. )
Fridayís drug is for thalassemia, also a rare disease.  It seems to have cured it in some of the trial patients. And didnít kill any of them!
The FDA will meet in Friday for their final ruling on these drugs.

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Offline ckmk47

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Re: Stocks
« Reply #7016 on: June 09, 2022, 09:24:35 PM »

My play, and I could be wrong.
A)I hope thereís enough excitement for BLUE that it will pop. I expect to sell out at the opening on Monday. It is unlikely to go higher that the initial excitement.

B)Because these are drugs for rare diseases, the FDA will give the company a certificate that it will fast track approval of a future drug. Such certificates have sold for $100 million.
BUT, this company isnít in the financial position to produce and market these drugs.   
So it will likely be bought out by a company able to produce these drugs that has itís own drugs in the pipeline that it would be able to use the fast track certificates.
So, after I sell out, Iíll keep an eye on BLUE and possibly buy it back at a lower price than the pop and wait for the buyout.

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Offline ckmk47

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Re: Stocks
« Reply #7017 on: June 09, 2022, 09:27:00 PM »
BLUE is closed for trading tomorrow also.

When it goes back on market on Monday, should I sell, or should I wait for actual approvals later this year?
The pop is usually after the Advisory Committee meeting.  The final approval is expected, so if anything it's a gradual rise.
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Offline aygart

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Re: Stocks
« Reply #7018 on: June 10, 2022, 12:55:09 AM »
My play, and I could be wrong.
A)I hope thereís enough excitement for BLUE that it will pop. I expect to sell out at the opening on Monday. It is unlikely to go higher that the initial excitement.

B)Because these are drugs for rare diseases, the FDA will give the company a certificate that it will fast track approval of a future drug. Such certificates have sold for $100 million.
BUT, this company isnít in the financial position to produce and market these drugs.   
So it will likely be bought out by a company able to produce these drugs that has itís own drugs in the pipeline that it would be able to use the fast track certificates.
So, after I sell out, Iíll keep an eye on BLUE and possibly buy it back at a lower price than the pop and wait for the buyout.
Or they can contract with one
Feelings don't care about your facts

Offline ckmk47

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Re: Stocks
« Reply #7019 on: June 10, 2022, 10:01:57 AM »
Or they can contract with one
That would also  make the company more valuable.
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