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Spectrum Pharmaceuticals, Inc. Message Board

  • thegunnerab thegunnerab Mar 15, 2013 2:19 PM Flag

    Brian Nichols on SPPI

    He was a true believer and long the stock;

    "A Look At My Portfolio

    As we head into the next week, I continue to feel strongly about the positioning of my portfolio, for both safety and gains. In fact, my only position change was with Spectrum Pharmaceuticals (SPPI), as I finally said goodbye to a management team that, after months of denial, admitted that generic pressure is hurting sales of Fusilev. It's kind of funny how this was all of a sudden noticed just a month after the company said that sales would rise in 2013. In my opinion, the stock is in for a long journey, and will have to deal with law firms, analysts and hopefully the SEC after lowering its guidance and causing investors to lose a significant amount of their investment. Therefore, I don't think this is a trustworthy company, at this point in time, and I do not believe that this sudden decline in sales was not known last month when the company reported earnings."

    The Gunner

    Sentiment: Sell

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