Ya, you did make a mistake. A POS company that is comprised of the trash that Abbott Labs didn't want to even deal with. You do get all of the waste and mismanagement that former Abbott exec's are known for. The goal of this company is to expand making generics for pharms coming off patent? Ground breaking and forward thinking??????? Maybe not such a bad idea except for the mismanagement thing hurdle. Good luck!!!!!
These are the dog days of summer. Of course they affect the market, somewhat. But our CEO already learned what happens to the stock price when he lowers expectations so I'd have to guess that he won't be doing that again. Aug.9th should be positive. If it's not, then he's got a ways to go on the learning curve.
Suspect that sales are on the increase, and that cost control measures are having a positive impact on margin. However, increased commodity and transportation cost will impact earnings per share. Just wondering if the positive sales and margins would offset the 'oil' related expenses.
This stock has been dancing around at low 40's for a while, tracing the market sometimes but being unable to break 44 even on good days. Selling prevails most of time but without much volume. Wonder what is going on and hope Q2 ER to be good.