I have noticed this with somewhat regularity of late. I choose not to believe that this is always the bidder giving up his bid and instead hitting on the offer. This has been happening with too much frequency. That being said,IMO, this stock has had enough trades in the $7.70+ range, that the bid will eventually be forced up. If a decent size buyer would arrive, this gamesmanship might be exposed. If I remember correctly, approx. 30+ percent is garnered by insiders, which would only leave around 2 million shares to freely trade, and of those, some must be in strong hands as this company's fortunes continue to improve. GL2All.
Not if you understand, even just generally, what these people are about to launch on the world. Ride and accumulate, imo.
As long as the reason was being addressed as shortages because of over demand, near term weakness creates an opportunity to accumulate. Once stock consolidates from this near term run up, buyers should have a difficult time finding quantity. GL2All.
Maybe someone finally read the 10Q and saw this--
Looking forward into the second quarter of 2015, given our projection of inventory that should be available to sell, we expect to see a decrease in sales of approximately 15% to 20% in comparison to the second quarter of 2014, as we work to re-build our inventory levels.
I can NOT comment on the market share. With that stated Yes this is seasonal as First Defense applies to beef calves. Also remember that some ranchers also calve in the fall of the year. Secondly, dairy farmers calve "ALL YEAR LONG", so there is a need for the product all year long. Most important (and maybe the cause for the increased profits, it's main competitor (Bovine e-colizer + C) ) has been off the market for the last year due to production problems. First Defense is the only option at this point in time for the baby calves. Just my thoughts.
Is this seasonal and are they the leading player in market share?
Curious about where's your practice and what you see as far as economic conditions for the farmers you serve.
A few of us have been here years ... if you work back through the posts here you'll see posts from imdaman and others of us.
Just my thoughts as a DVM who works with dairy and beef cattle. Correct the 1st Q is the best, however, up over 50% from the 1st Q of last year is impressive. ON A SIDE NOTE: First Defense is currently on back order and very hard to obtain. We have lots of clients coming thru the door and asking for the product and we must turn them away. HEY IMMUCELL...... how about correcting the supply problem!!!!!!!!!!!!!!!!!!!!!!!
Secondly, and not really discussed: The MAST-OUT product. I am not sure if any of you understand mastitis in cattle and "subclinical mastitis". Mastitis costs the dairy industry millions of $$$ per year. The dairy industry tries to provide a "TOP QUALITY" product to the consumer. Eliminating "subclinical mastitis" would save the dairy producers and suppliers millions of $$$$$ per year. If this product is approved and works as the believe....... this will be fabulous. (both for Immucell and a possible buy-out from a larger pharmaceutical company). Just my thoughts & yep I own this stock.
Thanks--and yes, the beef, that's what I thought was exciting back when they pr'd that a while back. An excellent move on their part.
Good to see you around again.
although Q1 has been historically their best Q1 the dynamics have changed. Several additional impressive circumstances
(1) First Defense (FD) has shifted from a predominately dairy cow product to a mix of beef and diary.
(2) they are gaining market share across all product categories especially where a competitor has ceased supply.
(3) The additional indication ( rotovirus ) scheduled for release in 2016 will be a significant boost both domestically and globally. Look for future partnerships / joint ventures with foreign firms where rotoV is the main pathogen.
(4) the benefits and superiority of immediate immunity is catching on. The large pharmas are loosing their grip on the agriculture ecosystem in this arena.
I haven't looked closely yet, but I do recall that the calving season of their customers has historically influenced much better results than during other qtrs. That might be something to keep in mind going forward--seasonality. Also keep in mind how the drop in energy costs is good to/for their customers, present and prospective.
What's especially impressive to me now is (1) that their proportional sales gains yoy are boosting earnings significantly (as you note) and exponentially from the multiyear perspective, and (2) that we're not even seeing the effect yet of the real money-maker to come.
Finally, it's getting interesting here again.
This stock might be the real deal going forward. Long from $7.15 at the end of day.
Sentiment: Strong Buy