Medivation, Inc. (NASDAQ:MDVN)
A biopharmaceutical company engaged in the acquisition, research and development of promising medical technologies.
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big pop and move up this year....like 300% 12 months.....think this is due a leg down while the dust settles on the Fda
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Got caught on the wrong side of this one because I under-estimated its potential
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Overextended
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There are currently 620 MDVN shares in my "fund" with break-even of around 2.36 USD.
http://caps.fool.com/Blogs/fund-trades/678775.
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MDV3100 looks as if it might take much of the prostate cancer market and work in breast cancer also. Sales of 2 billion on the low side. Someone will buy them after the launch. 100+ by the end of 2012. Buy on any dips and add slowly.
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This stock will skyrocket now that trial results are positive and indicating that trial participants receiving the placebo will switch to the actual drug because of efficacy.
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Phase 3 data coming soon..... And will likely be great
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Hopefully Dimebon has now provided enough failures to reduce its contribution to Medivation's enterprise value to zero. The new central story is the promising prostate cancer drug MDV3100 . In June the company reported preliminary data from an MD Anderson study of MDV3100 showing that 45% of 55 advanced prostate ca patients experienced at least a 50% decrease in PSA levels. An interim analysis of the AFFIRM phase III placebo controlled trial of MDV3100 in castration-resistant prostate cancer may be performed before the end of the year. The share price hasn't seen 15 since February, when encouraging data for MDV3100 first started to get noticed.
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I would never put my own money into this stock. They will have to grow like crazy to justify the current price and so far they haven't generated any positive cash flow. The downside seems huge.
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copying andrelikesMTL
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stock picks with the potential of being doublers to multibaggers, yet risky, very risky and can go nearly to 0. hated by CAPs, but they have atleast 1 CAPs allstar that I like that has greenthumbed this one. These things have been beaten, and if 2 of 6 of em double, and another 2 don't even move, well it makes up if the last 2 go to zero n basically tank.
DMAN, FSLR, IDRA, ARQL, OSIR, MDVN
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The drug may not be completely dead yet, says University of Southern California Alzheimer's expert Lon Schneider.
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Just like Xenoport last week this is an overreaction to bad news. Is it really bad news? Yes. Will the price return to half it's heights? Probably not. Will it have a decent correction after a 70% sell off? Absolutely.
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Company will be releasing important drug aimed at helping alzheimer patients.
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Alzheimer's Phase III data expected in 2010 could make this 1b market cap company triple.
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Stock is priced on MDV 3100 future revenue alone which gets you the dimebon chance for success for free
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stock just climbed too high too fast, I don't expect it to stay here. Time to short.
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effective new alzheimers drug
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With the new data out on the positive reports on the new alzheimer's drug and a great management team, I feel this company will out perform the S&P due to the economic downturn. Also with the increase in alzheimer's victums the drug is needed, so this breaktrough is a positive step forward.
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