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Spectrum Pharmaceuticals, Inc. Message Board

  • matrixtrade123 matrixtrade123 Feb 22, 2013 10:50 AM Flag

    read the cc transcript

    SPPI has to show that the decension of Fusilev sales has bottomed out and needs to show the expanded sales force can expand the revenues and profits.. drug approvals are in the future but the next 2 quarters are keller's report card.. hard to see an immediate catalyst to propel it higher but you never know.. today's $11.22 low is pathetic!!!

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    • golfcove@hotmail.com golfcove Feb 22, 2013 12:12 PM Flag

      I am an sppi long for many years (entry 3.85) , during all of the past financals I have held and go down big time and waite to get it back-this time I sold 12K shares at negative .13 and bought it all back 15 mins later at negative .81. This stock is the craziest I have ever seen!!!!!!!!!!. The future is ahead of us, don't up !!!!!!!!!!!! Doc woodside

    • you seem to not mention that there is no legitimate catalyst for sppi pps to go lower. other than argument that absent a positive catalyst......the pps will go lower by definition ?? i dont get such argument. even the analyst price sppi much higher than 11.23/sh. (not that i pay analysts much heed). if anyone understands the cancer issues sppi is attempting to address and if anyone sees the last two years of sppi revenues........and believes fusilev is increasing penetration / and increasing sales to existing users........then its a no brainer to hold for long term. it truly is to me a no brainer. i dont sweat yesterdays price action rather i scooped up shares. today is also scaling in opportunity or accumulation opportunity. how much lower can sppi be taken ?? I DONT SEE any rationale for going much lower. of course the big money shorties have power. but gotta keep in mind outside 3rd parties who are smart money and well funded are eyeballing sppi corp price action with eagle eyes........... im convinced on some nondescript day.......... 3rd party is gonna file some SEC PAPERWORK........if u know what i mean. maybe multiple 3rd parties. i agree that Q1 and moreso Q2/2013 will be legitimate report cards on sppi's new AMGEN hirees. i like the long bet here. will buy more today if very close to 11.

      • 1 Reply to stringandtwocups
      • The best case is an 'uptick' in Fusilev sales.. a continued uptrend in Folotyn.. and if Zevalin could prove to be the wonderful drug for all that is written.. the market is fickle.. ALXN and REGN great numbers but except for PCYC which are a few of the drug stocks that I follow the sector has been having a tough 2013.. I actually scaled down my position in SPPI and have cashed in alot of my 2013 profits.. my biggest play SPWR went bananas and I do not want to see those profits evaporate.. been there to many times.. and yes, you have to scale in and out and trade as well as invest these days.. market volatility and unpredictable makes the case.. good luck!

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