WTF?? Predicted EPS was -0.07 cents. Acctual EPS -0.14.
They missed by 50%. For a company that generates very little revenue, you'd think they would do a better job on guidance.
To all AVNR Empty Money Bag Holding SHEEP. Where did all that money go? Perhaps it was another company wide all expense paid trip on a Mexican Cruise. Or maybe they are expanding that closet they call an office into another Research Campus.
I guess I forgot the neg sign. But technically the neg sign doesn't belong there.
As for this company being a Pharmaceutical company, this is no longer the case. They stopped doing research a long time ago. This company is a One Trick Pony and they are rehashing a pseudo drug that doesn't work. There are a lot of other companies with better drugs and balance sheets that are much better than this POS. Lets face it, All you AVNR Kool Aid Drinking SHEEP invested in a DOG!
in case u haven't notice numbnuts Avanir is a drug discovery company aspiring to be a commercial operation and in that process has a large burn rate until it can commercialize their drug pipeline get it, dumbass......
My BAD. Even Better, They missed by 100%. Ha Ha Ha!!!
You realize in an early Press Release they said that this dosage of 30/20 and 30/10 has no efficacy. And now all of a sudden things have miraculously changed. Hallelujah!! Brothers and Sisters, it's a miracle.