Sat, May 25, 2013, 8:50 AM EDT - U.S. Markets closed
The stock is down almost 5%, just today alone
What were 3,500 weekly scripts worth to the company when LTC facilities were writing 28 day scripts?
What are 3,500 weekly scripts worth to the company now that LTC facilities are writing 14 day scripts?
Nearly two-thirds of total scripts are from LTC, almost all of those are Medicare Part D
Of the remaining retail scripts, 62% of the population is between ages 18-64, so maybe 38% of those subscriptons are Medicare Part D.
So about 2,800 scripts are 14 day
And 700 are 28 day
Pretty sure he said "more than half" are LTC - not "nearly 2/3." Be precise, otherwise you can be accused of being a shorty basher. :)
I think the scripts which are limited to 14 days are only for Medicare Part D recipients who reside in a long-term care facility(nursing home). I believe your numbers are extremely skewed.
When you do the math, it's clear we've had virtually no script growth, since basing before Thanksgiving. But there's always INFLATION. It shall be our savior!
Soon my son. Soon.
It means cheap stock so I bought 10,000 more at 2.66
Sentiment: Strong Buy