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Conceptus, Inc. Message Board

  • telcafo telcafo Jun 19, 2010 11:12 AM Flag

    Since Reporting Quarterly Results 59 Days Ago Conceptus Is Down 11.05% (CPTS)

    When Conceptus (NASDAQ:CPTS) reported earnings 59 days ago on April 20, 2010, analysts, on average, expected the company to report a loss of $0.07 on sales of $34 million.

    The company actually reported a loss of $0.08 on sales of $33 million, missing EPS estimates by $0.01 and matching revenue estimates.

    Since the company's report, share of Conceptus have fallen from $19.28 to $17.15, representing a loss of 11.05% in the past 59 days.

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    • AIG target: $6

    • your point? if you compare the charts for CPTS against the DJIA and NASDAQ it is almost a mirror after the first week or so after the announcement. it was down afterwards and then the markets both declined and CPTS mirrored that which it has historically done.

      more importantly - in that ssame period, the short interest has substantially increased. this stock has always been heavily shorted and then there is a recovery period prior to earnings. it is rather cyclic.

      bottom line - this company has consistently met its forecasts and consistently increased its top and bottom line year over year. its only major competitor is still inferior by design although it has considerable marketing might behind it.

      that short position continues to be a drain on teh stock but it also is like a flywheel. eventually that energy will be turned from potential to kinetic energy. unless you think this stock/company is going to fail - those shares will eventually have to be covered.

      • 1 Reply to thesmalls
      • thesmalls--What's your take on this drop? Still positive on the future? I'm adding here and confident in the long term future. Conceptus has a new program to help patients finance the cost over a long period of time. I can't imagine why any physician would want to use any competing method that cannot virtually guarantee efficacy. What doctor wants to tell a patient they probably won't get pregnant after Adiana?