Array BioPharma, Inc. (NASDAQ:ARRY)
A biopharmaceutical company focused on the discovery, development and commercialization of targeted small molecule drugs to treat life threatening and debilitating diseases.
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Baker brothers increased their holding.
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Great drug to treat braf mutation cancers. Also good results in multiple myeloma .
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TOS: TOP HS pattern
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Not profitable. Book value down to $.17/share, The dead cat bounce from early February is over.
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Has bottomed and it is all up from here
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Momentum21 & usubanas
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Could show serious growth of this decade.
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Array has been able to survive the toughest of times, I feel it's matter of time.
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Has always had that longshot look, and now we see the big boys taking them out for dinner and paying for friendship, advise and technology expertise. Looks much better than DNDN for sure and even has real products on the market and several more in the oven. One to watch.
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What a great price to get into this stock. Well little history on arry was that they have had a hugeeee pipeline but have been blessed with some terrible along with a trial 3 data result that did not meet its ends. Away from the bad they have four game changers due within the next 6months so spec alone will hype this baby up eventually.
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Loss-making, but these small pharma's are a gamble. One hit is all it takes.
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At lower end of trading range with possible DRIVERS coming in Summer of 2009. 4.75 a share would make me smile but anything higher would make me Happy...not a bad company as BIOS go.
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Bio is the next big run after financials and alt energy....its coming.
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going up eventually
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Good pipeline. Market is overrating the risk.
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biotech darling will be bought out eventually by a big pharma for growth.
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This is an interesting small cap company with a decent drug pipeline as well as some very intriguing technology for drug development. It is not clear that they have a winner in the pipeline yet but they do have one of the best drug development platforms available. Their platform allows development that is rapid and inexpensive and this should enable the company to excell over the longer term as they have solid scientific expertise in house.
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The depth of Array's pipeline is similar to Exelexis' pipeline, and should pay off handsomely for both companies over the long haul...
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I decided to Bail on Excel after the failed drug trial so I ended that pick. Then the RuleBreaker newsletter gave me another drug company to replace excel. I really like what rulebreaker says, subscribe to get the details.
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