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Off Topic => Ten Forward => Topic started by: Jack Morris on August 23, 2005, 07:47:30 am

Title: Remember that company that has a anti-alcohol drug?
Post by: Jack Morris on August 23, 2005, 07:47:30 am

http://finance.yahoo.com/q?s=ALKS&d=t

Wow! Always follow your gut feelings, as yesterday I purchased some more FRO since tomorrow is Q2 2005 results conference call. I was looking at the hit list I have and thinking to myself "ALKS is getting near the 10 month fast track decision from the FDA regarding their new anti-alcohol/anti-opiates drug", something that if approved, will cause this stock to soar even more than it will today. It would seem that ALKS has been allied with other drug companies and working on other things that affect millions of people worldwide.

Title: Re: Remember that company that has a anti-alcohol drug?
Post by: Jack Morris on August 23, 2005, 08:15:11 am

http://www.thestreet.com/_yahoo/stocks/biotech/10239235.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

Title: Re: Remember that company that has a anti-alcohol drug?
Post by: Jack Morris on August 23, 2005, 12:17:59 pm

http://finance.yahoo.com/q/bc?s=ALKS&t=6m

Title: Re: Remember that company that has a anti-alcohol drug?
Post by: Just plain old Punisher on August 24, 2005, 07:26:28 pm

Bah, a drug for quitters.

Title: Re: Remember that company that has a anti-alcohol drug?
Post by: Jack Morris on August 24, 2005, 08:14:31 pm

Si senor! But what a ride it is giving to investors, and they are not profit taking yet. Why? Alkermes expects an answer from the FDA by Sep 30. I'm going shopping tomorrow and on the 1st! Once it clears FDA approval, I can imagine 30%-50%, heck maybe even 100 plus %! I've seen it before with pharm companies.

http://finance.yahoo.com/q?s=ALKS

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B6AB7E77C%2DD1FE%2D41A5%2D9F6A%2D8270B8481E48%7D

Veteran Affairs is already getting lined up for this drug, and I imagine our military hospitals are doing the same.

Sincerely,

Kicking myself in the arse for not buying when I was in Messyco and it was 11 plus a share!