Pharmacyclics, Inc. (NASDAQ:PCYC)
CAPS Rating:
A pharmaceutical company focused on the development of products that improve existing therapeutic approaches to cancer and other diseases.
A pharmaceutical company focused on the development of products that improve existing therapeutic approaches to cancer and other diseases.
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Recs
NDA filed for Xcytrin and with Fast Track status should have a response from the FDA by June 2007. Insider buying activity is very bullish indicating they think they'll get approval. Company owns 100% of all North America revenue with expectations of capturing 50% of the 150K cases per year for Brain Mets in the US. Comparing to other companies rev/patient might bring $14K. Do that math and this could get very interesting as the year goes by.
... the insider buying is not real insider, but a benefial owner, which happens to be a company called Robert W Duggan, check http://www.dugganassociates.com
Now...the problem is, most of these money management companies don't beat the markets, specially the ones focusing in small stocks. I checked what they said in the page and they "predict future prices"... well, and I say, they can do that because nobody else can.
Robbert W Duggan sells bad funds and invest in stocks in a way that will yield random results.
I regret having picked this company, I think it's time to lick my wounds and close it.