$ChemoCentryx (CCXI.US)$ What do you think of this company's...
$ChemoCentryx (CCXI.US)$ What do you think of this company's financial report?
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KS_TAN : i dont really expect surprises in this quarter result. japan approval gotten in late sep, fda approval gotten in oct. ema approval expecting by end of year. sale and royalty fee shall be log in for 4th quarter...so forecast is what i am look for for the prospect in tis company.
风光3265 : @KS_TANSo there won't be any surprises this week; are we going to wait until the end of the year
KS_TAN : not really. need to monitor how bull player react to the forecast. afterhour trading is very critical. now price is near 40. bull will attempt 3rd time to go above 40. if strong enough, it may create short squeeze and it will shoot...however, dont underestimate HF strength to suppress the pricing..it had been happening even before US FDA approval..
KS_TAN : honestly speaking, this stock is tough to play...i keep observing price suppression rather than genuine selling...however i believe fundamental play will be win win utimately. chemocentryx is turnaround story stock...now chemocentryx had started to commercialise it drug globally..so from mid term to long it will definitely double or triple. current price will be a history.