Acorda Therapeutics, Inc. (NASDAQ:ACOR)
A commercial-stage biopharmaceutical company dedicated to the identification, development & commercialization of novel therapies that improve neurological function in people with multiple sclerosis, spinal cord injury and other disorders of the CNS.
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There are currently 70 ACOR shares in my "fund" with break-even of around 8.18 USD.
http://caps.fool.com/Blogs/fund-trades/678775.
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Technical Monthly
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Acorda seems to be wandering in a sine wave pattern as alternatively optimistic and pessimistic views of the commercial potential of their multiple sclerosis drug Ampyra. Ampyra is far from a proven winner but the share price will likely rebound with the next quarterly PR. In the meantime, Acorda has lowered their burn substantially and maintains a decent cash position.
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tspy rec
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Recent launch of new drug already improved earnings vs 2009, several potential high earning drugs in pipeline.
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Ampyra is ridiculously effective if you have MS
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Run-up, high current, high book
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great tech signs
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The MS drug has finally been approved. A family member who has MS brought to my attention. Their doctor told them about it and has a list of clients ready to get prescriptions once available. I was also told this is the first MS drug that works for all types of MS. Big sales are on the horizon.
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Great earnings ahead.
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Outperform
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Overvalued. If you want in on the future of CNS research and production invest in a broader, safer buy like STEM. They will benefit from the production and storage regardless of who comes up with the new tech. Short the fall. Not sure when or if I would buy back in.
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FDA approval seems likely.
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I remember when I first purchase this stock at $ 6 something a share and drop to $ 1. it was very downgrade, I thought I made a mistake. So a year later $ 175000 was sitting on my back pocket, that's worth the price. From $ 1 to almost $ 36 a share, that's called trading, with no experience. It's worth the try...
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very promising MS drug Fampridine that helps MS patients walk better. NDA filed on Jan, 09, expected to be approved by end of 2009. Another good trait is that it is in form of oral pills.
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Underperform
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I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!
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