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Biotech / Medical : NPSP NPS Pharmaceutical

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To: tuck who wrote (329)1/31/2011 1:58:24 PM
From: tuck  Read Replies (1) of 363
 
With today's news of GATTEX meeting primary endpoints, the stock has hit a multiyear high, and a financing seems inevitable.

npsp.com

But that was, after all, the best case scenario. OK the results were slightly behind schedule, but no biggie, except that that makes the financing even more likely. But it should be a well received financing that doesn't pressure the stock much or for long, as it will be funding a launch in a year or so.

This has been in my Mom's portfolio in some size for years. We've suffered through the PREOS disaster. This is a case where buy and hold can make sense: when the company has pipeline. Contrast with Arena, from which we bailed. Holding NPSP still.

Cheers, Tuck
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