modracer74
03-21-2007, 11:59 AM
Hi guys,
I'm glad I found this forum, I've seen some of the most intelligent discussions about stock trading here that I've seen anywhere on the net. I'm a newby to trading, so I hope you bear with me. I'm a non-flamer and won't make any trouble on this board.
I bought Cubist pharmaceuticals rather poorly in hindsight (20.45) looking at their great American growth year after year and them having such a great drug in a niche market. They've just set up their overseas distribution and have yet to capitalize on it. They seem like they have good management. The only things I see wrong is that they owe fees on the royalty to Lilly (whom they bought the drug from) and they have some distributorship fees.
So guys, please let me know what I'm missing... It just seems to trade with the market but there's just no news or action. Should I even bother waiting for the next conference call, or should I just admit I called it wrong.
Thanks for your time and advice,
Scott
I'm glad I found this forum, I've seen some of the most intelligent discussions about stock trading here that I've seen anywhere on the net. I'm a newby to trading, so I hope you bear with me. I'm a non-flamer and won't make any trouble on this board.
I bought Cubist pharmaceuticals rather poorly in hindsight (20.45) looking at their great American growth year after year and them having such a great drug in a niche market. They've just set up their overseas distribution and have yet to capitalize on it. They seem like they have good management. The only things I see wrong is that they owe fees on the royalty to Lilly (whom they bought the drug from) and they have some distributorship fees.
So guys, please let me know what I'm missing... It just seems to trade with the market but there's just no news or action. Should I even bother waiting for the next conference call, or should I just admit I called it wrong.
Thanks for your time and advice,
Scott