Agreed... But this came just after year end CC. I believe there has to be more than meets the eye on this. He wasn't pumping to sell more. Too late for that now. I want to see the next week or so.
This is indeed somewhat of a surprise. Everyone knew FUS revenues would likely taper off from the shortage being over but what happened to those early predictions of 2013 revenues continuing to grow? In fact, they were talking stability just recently in the Q4 PR...This is somewhat bizarre...They still suggest profitability in 2013, so this is not by any means dire, but still surprising.....
this is NOT time to cover, the 160-180 revenue forecast can NOT be trusted and given Raj comments so recently that contradict todays news there will be law firms trolling for a lawsuit.
Nothing but bad news for SPPI now and going forward so why cover ?
Typical SPPI mngt b s putting out the "we will file an NDA" in 2014. Like that should give anyone cause to hold on to their shares. LOL ! pathetic pumping to the end !
NO ONE should have been overweight this stock. It was and is a speculative investment. If you trusted mngt you now know that was a mistake.
I think the same thing. This is what they have been waiting for. With B and A coming, they might be smart to cover. I think we get hit hard at the open, but come back. REmember when B failed CUP? It was a big day for us on the upside.
None the less, I am upset. Raj just said 300 million, didnt he?
Too be honest, something smells a little fishy about the whole thing. You have to wonder why the guidance and then the change in just a few short weeks? It's not like Raj was selling any more shares. Is he trying to justify a lower take out bid?