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Spectrum Pharmaceuticals, Inc. Message Board

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  • stockkarr stockkarr Apr 1, 2010 10:37 AM Flag

    No Material Information

    I'm not sure that the issue is non-material - they've already indicated that losses will be greater than expected, it could be the delay is attributable to challenges in determining the appropriate scope for those losses.

    I've hedged my position a bit by selling some shares first thing this morning - will be interesting to see what happens and what the reaction is. On the plus side, if it's in the hands of the auditors, it is likely that a tight lid is being kept on any potential information, which could explain why we haven't seen much in the way of pre-release price movement/leaks.

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