With $0.48 EPS expected for 2014, buying at $20, $21 and $22 just be bull-trips. PPS will be down big with RED EPS later this year. Without FDA leaving the punishment, this stock has nowhere to go but down.
The Department of Defense issued 10 new contracts Wednesday 9/4, worth $227 million in total. The biggest award of the day, worth $88.7 million, was a contract modification awarded to Impax Laboratories in exercise of the second of seven possible option-year period on a previously awarded one-year base contract to supply U.S. Army, Navy, Air Force, Marine Corps, and federal civilian agencies with various pharmaceutical products. This contract runs through next Aug. 30.