76 PE Ratio?????;
Much less cash and equivalents than SPPI;
Highest analyst's price target is $22 and Already trading over $20 PPS;
Higher expenses than SPPI; and
Analysts estimate SNTS will have LESS earnings per share in 2013 AND Next Year in 2014 than SPPI had last year in 2012.
Apaziquone and Belinostat are coming for SPPI. If approved, imo you can add an Additional $550MM per year to revenues and may have up to $6 to $7 EPS. Multiply that times a 76 PE Ratio - LOL.
These are facts not opinions. 76 PE Ratio! Less cash. Higher expenses. CEO just sold $1.6 million. The highest analyst's target is only $22 PPS and the average analysts' earnings projections for SNTS in 2014 are less than SPPI's actual last year.
joe........good info. You might add CEO made 2.57 milion pay and stock which is not to shabby considering. I sold when it hit 20, put some of the money into Spectrum with other long term holdings. Lets see, sppi with a PE ratio of 76 would be around.............$ 106 per share. The day will come. :-)