Almirall have just released some financial #' & it appears GW' sativex along with 2 other medicines helped Almirall achieve 32% of all their sales, that figure corresponding to 23% in 1st quarter 2012. Or in plain English, sativex sales were 26% higher this quarter compared with 1st 2012 quarter. So in laymans terms sativex is selling well.As Almirall new product launches are driving their revenue & growth. This news makes me want even more stock. Fill your boots investors as GW will soon fly high as sales are up. http://www.thepharmaletter.com/file/123993/almirall-first-half-sales-and-earnings-decline.html
looking at the buys this morning one can assum the 200000+ shares showing unknown trades were sells and the buys were approx 35000, if those shares have been taken out of the AIM market and transfered over to the Nasdaq this should increase the value of the shares over here.
I always believed GWPRF, GWPH & GWP were the same animal. When 1 share increases or decreases the other 2 move accordingly. Seems plausible i hear you declare! Well the Nasdaq GWPH listing closed 20% higher on Friday. What happened Monday morning? The GWP share price was the same as Friday close of 50p ignoring the 20% NASDAQ increase. My only explanation is UK market maker manipulators continuing to suppress the share price of GWP by any method in their devious tactics hand book. Although earlier I grabbed a bargain as i've added more shares to my GW portfolio.
A nice 20% rise state side Friday. Italy then France just legalized medical marijuana with Ireland following behind in the next few weeks, since the Irish need to adjust their laws on drugs. What next? Ireland' cousin's across the pond approve Sativex® for cancer pain. Then watch GW share price go orbital. The GW pipe line is amazing, MS spasms, cancer pain, epilepsy, diabetes with more uses yet to materialise. I for one will be bolstering my GW position next week with more cheap shares. With GWPH closing 19% up, i expect GWP to open Monday morning at 60p. The below link is 3 weeks old, but its worth a read http://www.irishtimes.com/news/rules-on-legal-cannabis-medicines-advanced-says-white-1.1450536
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