The 8K states that the cooperation with BM since 2005 has been a source of revenue but at the same time this cancellation will not affect forecasts of 3Q or anytime thereafter. So it must be that these revenues are not important or they are replaced by revenues of other research with BM or others
I have been away from this board for a long interval. However, when I recently dropped by, I spotted postings that need to be addressed.
"Dumb overreaction The 8K states that the cooperation with BM since 2005 has been a source of revenue but at the same time this cancellation will not affect forecasts of 3Q or anytime thereafter. So it must be that these revenues are not important or they are replaced by revenues of other research with BM or others." - obliden Aug 12, 2013 2:07 PM
My response: Please allow me to provide a different perspective on this development. The sell-off/stock-price drop was not a 'Dumb overreaction.' The purpose of the reference to the 2013 forecast was probably to distract investors and obscure the impact of this development. When AMRI first announced this deal, management was saying that the way the deal was structured so that, if it was eventually approved, it would have the potential to be more lucrative than Allegra. The global royalty payments could contribute significantly to the top and bottom lines. Therefore, I suspect that among the sellers included investors who were disappointed by seeing this potential revenue source disappear.
lots of buying interest today. usually 400K shares bought/sold. today near 3MM. Lots of activity. I have a friend who's a group leader there and she said AMRI is close to some new compound activity where carbon has 5 bonds. It's like a spoke in a wheel type of hybridization and it imparts different activity. Said it will sell like hotcakes. This is just the gist of the project as it was top secret she said. So buy more and hold for the news.
Nice try. No such thing. AMRI employees won’t stop complaining about the place. Chinese workforce is getting stronger, beating down the British invasion. English has given way to Mandarin in upstate NY labs. It was a Chinese who sued AMRI for harassment on behalf of Brian S. Sherrer is still trash talking AMRI any chance he gets, no change after all these years. Americans feel scarce, they leave if they can. Ahmed married the company freak who ‘director’ Salerno cheat on his wife with. Never a hard worker Ahmed prefers to complain and badmouth his former BMS contacts.