One Stock This Week Amazed Me Intercept Pharmaceuticals Inc(Nasdaq:

[bujjulu]

while I am watching stocks every day one thing triggered me.

 

https://www.google.com/finance?q=NASDAQ%3AICPT&ei=Y0vRUpDuH4qVsQfBSg

 

 

 

Intercept Pharmaceuticals Inc

(NASDAQ:ICPT)

 

 

 

 

 

 

The stock was trading at 70s upto wedenesday

 suddenly went to 250 and next day 400s. Why Is this stock grow so much.

  They say this company has discovered a new medicine for liver disease which might avoid liver transplantations. In recent past In India so many drinking ppl died due to chronic lever diseases. I sincerely wish this is true and dont bother about the stock value at all.

 

 

===NEW UPDATE ==

http://seekingalpha.com/news/1503321-intercepts-oca-drug-linked-with-worsened-cholesterol-levels

 

 

Intercept's OCA drug linked with worsened cholesterol levels

Jan 12 2014, 05:48

 

 

• Patients who received Intercept Pharmaceuticals' (ICPT) beticholic acid (OCA) for the treatment of NASH in a trial for the chronic liver disease experienced increased bad cholesterol and lower good cholesterol, the NIH said after the close on Friday in a statement to the WSJ.
• The NIH said it was releasing the information to give "broader context" to its earlier findings that OCA showed a "highly statistically significant improvement" in measures of liver health vs. those who received a placebo
• Intercept didn't mention cholesterol abnormalities in two statements it put out on Thursday, nor in a subsequent analyst call. While the NIH told Intercept earlier in the week that patients had experienced "lipid effects," it failed to furnish Intercept with details. "We had no concrete data with respect to lipids," CEO Mark Pruzanski said.
• Pruzanski told the WSJ that previous studies have shown that OCA can raise lipid levels, and it was already "very public" that OCA "impacts lipid metabolism."
• Intercept's shares skyrocketed 516% on Thursday and Friday to $445.83 following news of the early ending of the study.

 

 

[dkc]

What actually amazes me is that people follow stock markets and invest in it.

[Krish]

What actually amazes me is that people follow stock markets and invest in it.

 

adendi Narsayya...ala annav??...whole finance sector link ayyundi daanto ne ga??

 

do u do shares or did u do it before??

[dkc]

adendi Narsayya...ala annav??...whole finance sector link ayyundi daanto ne ga??

 

do u do shares or did u do it before??

 

secondary markets tho panemundi naaku Krish.. Its for people with no connections to the primary markets.

 

I do buy shares, but before they hit the market.

[Krish]

secondary markets tho panemundi naaku Krish.. Its for people with no connections to the primary markets.

 

I do buy shares, but before they hit the market.

 

ok that's agreed!!...but it's lucrative if u do it in right way!!

 

how do u get them before hitting market....??...

[dkc]

ok that's agreed!!...but it's lucrative if u do it in right way!!

 

how do u get them before hitting market....??...

 

By knowing people who run the companies.. visiting and studying their business closely. Helping them with raising money.. etc..

[Krish]

By knowing people who run the companies.. visiting and studying their business closely. Helping them with raising money.. etc..

 

 

mmm..that needs some contacts...n capital I guess.....

[dkc]

mmm..that needs some contacts...n capital I guess.....

 

yeah.. talent is not going to take you far in financial markets.

 

unless you have a super computer capable of  crunching extraordinary volume of data, It's dumb blind luck that'll fetch you money in stock markets. 

 

May be you should start working on that thing called Quantum computer to give you a head start over others :P

 

hint: No one knows how to use it though one company has already claimed to have made it. :P

[bujjulu]

By knowing people who run the companies.. visiting and studying their business closely. Helping them with raising money.. etc..

narsayya mari nuvvu ee stock ne mundhe konnava?

 

ante neeku already 300 K profit vachindha?

[dkc]

narsayya mari nuvvu ee stock ne mundhe konnava?

 

ante neeku already 300 K profit vachindha?

 

neeku alaa artham ayinda.. :)

 

Nenu kone company stocks ipo ki raaka munde ammestha.. 

[bujjulu]

neeku alaa artham ayinda.. :)

 

Nenu kone company stocks ipo ki raaka munde ammestha.. 

Intercept Pharmaceutical... ICPT 445.83 +169.96 (61.61%) 8.62B 5.98M 373 497 373   CytRx Corporation CYTR 8.08 +1.30 (19.17%) 339.16M 7.41M 6.87 8.24 6.7   Plug Power Inc PLUG 3.65 +0.33 (9.94%) 374.50M 51.31M 3.46 4 3.405   Epizyme Inc EPZM 40.41 +3.31 (8.92%) 1.15B 731,696.00 37 41.23 36.55   Acuity Brands, Inc. AYI 132.66 +9.16 (7.42%) 5.71B 1.33M 128.22 134 127.17   Liquidmetal Technologies... LQMT 0.207* +0.012 (6.15%) 77.22M 2.82M 0.2 0.21 0.19   Neurocrine Biosciences... NBIX 19.15 +0.86 (4.70%) 1.29B 2.51M 18.31 19.21 18.28   Pharmacyclics, Inc. PCYC 132.01 +1.48 (1.13%) 9.66B 1.35M 130.92 133.4 129.25549   Sangamo Biosciences... SGMO 19.07 +0.19 (1.01%) 1.18B 2.66M 18.68 19.4 18.21   Genuine Parts Company GPC 83.45 +0.62 (0.75%) 12.88B 938,591.00 82.91 83.49 82.22   Bed Bath & Beyond Inc. BBBY 69.94 +0.19 (0.27%) 14.89B 6.27M 69.92 70.1 69.26   Macy's, Inc. M 55.84 +0.04 (0.07%) 20.58B 6.05M 55.98 56.09 55.26
 

[Krish]

yeah.. talent is not going to take you far in financial markets.

 

unless you have a super computer capable of  crunching extraordinary volume of data, It's dumb blind luck that'll fetch you money in stock markets. 

 

May be you should start working on that thing called Quantum computer to give you a head start over others :P

 

hint: No one knows how to use it though one company has already claimed to have made it. :P

 

Lol...ok...

 

tell me about that.....buying stock from owners thing??

 

is ur contacts or money helping u do that or anyone can do it??....give me unbiasedly....

[bujjulu]

narsayya nuvvu great.

Kani nenu oka freind ni chusa

 

athanu

 

1) FDIC lo approve kaa boye drugs ni vati companies ni chaduvuthadu

2) Approve authunnai results ki vellayi ane time lo konni konesthadu

 

 

ee case adhi kadhu.

 

They improved already existing drug which can make your liver function normally. and hype is  there is no need for transplantation anta mama.

 

[dkc]

asalu itlaanti novel product company stock konadam entha risk oo telusa neeku?

 

Most of them 2-3 yrs lo fut avuthaayi..

 

Idemanna book cricket laaga anukunnava?

 

btw, nee experience ela unindhi stock market lo? net gains aa losses aa?

[bujjulu]

asalu itlaanti novel product company stock konadam entha risk oo telusa neeku?

 

Most of them 2-3 yrs lo fut avuthaayi..

 

Idemanna book cricket laaga anukunnava?

 

btw, nee experience ela unindhi stock market lo? net gains aa losses aa?

nenu chinna player ni

oka .5 k tho last year roth IRA lo pettanu

Ippudu adhi .75 K