MacAttack said:guys...that stock keeps f****ing going lower and lower...setting new lows...its like a f****ing hooker! its less then 1/2 the value now when hair cloning was supposed 2 make it huge.
guys...that stock keeps f****ing going lower and lower...setting new lows...its like a f****ing hooker! its less then 1/2 the value now when hair cloning was supposed 2 make it huge.
Optimist said:Who cares? They have no revenue, what do you expect the stock to do, skyrocket?
latecomer said:if the phase 2 results of HM is positive you are bound to make a bit of cash to help pay for future proceedures!
cubeall said:It's tough to compare Sirius or XM's situation with Intercytex or any other company in general especially in the medical industry. Even though Sirius has a good product it has experienced a decline in profitability for several reasons, mostly from increasing competition from the iPod. Another large factor influencing the losses is that Sirius and XM were required to agree to never merge with each other. Because of the nature of the industry, having two companies that provide the exact same service has had the effect of only cannibalizing a small subsection of the population instead of creating new customers.
Stock prices can be a good indicator of a companies wellbeing. Sirius' stock, as you pointed out, has dropped and has stayed down for a while now and coincidentally they are on the verge of bankruptcy. As I've said before, comparing this with Intercytex doesn't make sense because the industries are completely different.
cubeall said:To cut straight to the point, the appropriate question is not whether satellite radio will be around because of declining stock. Most likely it will be around even if Sirius fails. What would make more sense to ask would be if the drop in stock price is an indicator of Sirius' going concern as a company. Since Sirius' failure to make adequate profits has actually caused the stock to drop then in this case it is a pretty good indicator of the success of the company. Additionally it is no secret that Sirius is in great financial difficulty right now. They have been pretty transparent with the public about that which is the main reason they are pushing so hard for a merger with XM.
What I was saying in the previous post is that you can't compare Sirius with Intercytex because the nature of the industry is far too different. Losses in the medical industry are acceptable during the research phase because they are creating a product. The losses are capitalized which results into an asset on the balance sheet. Sirius' only initial startup expense was what was spent to launch the satellites which cost them tens of millions of dollars. They have continued to attempt to post profits but have been unable to do so.
For these reasons interpreting the stock or Financials of these companies in the same way will give you inaccurate conclusions if you don't consider the nature of the industry. Simply put, you can't just look at one number for everything and believe it will always give you the right answer.
cubeall said:You're right. That's exactly what these differences support. The financial statements indicate that they seem to have plenty of funding, enough to support their continual research expense.
Although Sirius' stock has plummeted and they are not doing well as a company, Intercytex does not seem to be following the same trend i.e. their drop in stock price does not mean they are failing financially.
elguapo said:Since we have a couple of market-savvy members on this board, and we are on the topic, answer me this...
What happens if Intercytex does not release data or give some sort of status on their TRC Phase II study by this summer, or at latest this fall? Will their stock go down even further in that case? Or don't investors (or whoever's decisions or actions influence the price of their stock) pay attention to when they said they would have something to say, and hold them to it?
What happens if Intercytex does not release data or give some sort of status on their TRC Phase II study by this summer, or at latest this fall?
cubeall said:What happens if Intercytex does not release data or give some sort of status on their TRC Phase II study by this summer, or at latest this fall?
According to this link: http://www.baldingblog.com/2006/11/08/i ... -i-trials/
phase II trials are expected to complete by the end of 2008. Although I noticed Optimist's post indicating that it would more likely be 2007.
Optimist, where did you find the conflicting information about the ending date of the Phase II trials?
I believe intercytex says the Phase II trials will be done by the end of 2007. They started several months ago and are expected to last 12 months.