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Thoughts on ACUS

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Prospect
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Joined: Nov, 2006
Posts: 477
Posted: #1
Anybody have thoughts on ACUS?  Looking to pick up a few hundred shares and see what happens.  The risk/reward at this level seems reasonable to me.
 
Thanks.
 
Veteran
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Joined: Nov, 2006
Posts: 1176
Posted: #2
I bought some yesterday on a broker rec
 
Veteran
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Posts: 3392
Posted: #3
what did your broker have to say about it?
 
Legend
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Posts: 67006
Posted: #4
I've got some cash.  This does look interesting.  These kinds of plays always sucker me in.  What's the prospects here?
 
Prospect
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Joined: Nov, 2006
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Posted: #5

Take a look at the following article from MSN dated August 17th, research by Zach’s; it’s what drew my attention to this stock.  I don’t believe the initial Phase III trails were totally successful, so I’ve held off buying.  I may throw $500 at it with a stop/loss and see what happens.  The nice thing about Imagify is there is no radioactivity, so less overall expense to hospitals.

 

https://news.moneycentral.msn.com/ticker/article.aspx?Feed=BW&Date=20070813&ID=7316413&Symbol=ACUS

 

It's been a little less than four months since the RAMP-2 data came out, and Acusphere ACUS shares are down 65% since then. Wall Street clearly thinks the company's drug Imagify has little chance for approval. In the meantime, cash burn is a concern and management is going to have to figure out how to raise money yet again in 2008. As a result, the Street views ACUS like a sinking ship.

With all that said, the opinion of medical and echo-cardiology community couldn't be more different from that of Wall Street. Cardiologists are excited about the data and the clear majority expects the use the drug immediately upon approval. Why is there such a split opinion, and who is right?

It is clear to us that this drug works, and is an extremely useful tool in the diagnosis of coronary artery disease (CAD). Looking at the tapes we quickly forgot about the botched trial endpoints, the dilutive offerings, and the mismanaged expectations of Wall Street. What we saw was powerful - a drug that really does do what it says, regardless of the statistical rigmarole.

 

 
Legend
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Joined: Feb, 2002
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Posted: #6
Interesting press release after the bell for ACUS.  Looks like good news.
 
Prospect
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Joined: Nov, 2006
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Posted: #7
Not sure.  I think what they are saying is "we are burning through what's left of our cash and need to form a partnership with someone that has a stronger balance sheet than us to continue operations".  It may be OK if a major player steps up.
 
Let's see what happens in the morning.  I didn't see any after hours trades, but I could be wrong.
 
 
 
Prospect
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Joined: Nov, 2006
Posts: 477
Posted: #8
Looks like it's going to pop at the open.  Keep on eye on it.  Could be a quick trade for me.
 
 
 
Legend
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Posted: #9
Nice investment.  I think this one has turned the corner and goes higher from here.  I'd stick with it.
 
Prospect
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Posted: #10
Wasn't the short term pop I expected.  I'm sticking with them at least until the end of December.
 
 
 
Legend
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Posted: #11
I like the way this stock is acting.  I think it was a good pick and should breakout soon.  Already up about 10% from when you posted.  Nice call. 
 
Legend
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Posted: #12
Looks like a breakout today for ACUS. 
 
Veteran
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Posted: #13

what happened to this stock today?

 
Prospect
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Posts: 477
Posted: #14
Think I saw on CNBC wire this morning that the FDA has issued a warning on the use of enhancement agents during ultrasounds, or in otherwords, Acusphere's Imagify. I'm not in very deep into this and went in with my eyes wide open.  So whatever happens, happens.  Gonna ride this out, but I think I'm F'ed.
 
 
 
 
 
Veteran
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Posted: #15
i never bought.  good luck though, i hope it recovers
 
Prospect
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Posted: #16
Thanks. 
 
Acusphere just posted this statment on it's website:
 
 
Veteran
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Posted: #17
bounced back
 
Prospect
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Posted: #18
I am actually encouraged by their statement last night:
 
"Imagify is structurally different from commercially available ultrasound contrast agents; it has a different encapsulation material and a different gas."
 
Time will tell.
 
 
 
MVP
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Posted: #19
 
 
Prospect
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Posted: #20
HOLY CRAP!!!  My ACUS thread lives.  LOL. 
 
I've been really busy the past few weeks and my time on Covers has been limited.  I saw someone was asking about ACUS in the main thread a few days ago, but I haven't had a chance to respond.  Anyway, for whatever it's worth, I'm still holding, I have averaged my pps down to 98 cents
 
Not sure what I can offer to anyone interested in this ticker.  I guess I could put you to sleep telling you about their weak financial position, potential delisting in June, black box warnings even if Imagify is approved, delays in filing the NDA, stockholder approval for up to a 20:1 reverse split, or the fact that no one has seen the pier reviewed papers yet. 
 
I'll tell you the science is great, but management to this point sucks balls.  I'm done averaging my pps down any further at this point until they show me something meaningful.
 
If anyone has any specific questions on ACUS, I will try to help.  In the meantime, I would encourage those people to visit the Yahoo forum on ACUS.  It's about the only Yahoo forum I goto, There are several very knowledgable people there who truly understand the science and have been involved with NDA's in the past, so it's been very helpful for me.
 
Cheers all !!!
 
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