Long term this is great for the shareholders. APPLE laughing at the traders manipulating their stock. Don't care where it is over the short term, They don't need the stock for acquisitions. Don't need wall streets approval. Just the love of their customers for their great products and services. The rest will play itself out.
I continue to see the company performing very well and don't expect them to hype the stock. Need a smart fund manager to pile on and crush these shorts. Shorts just keep selling stock every day into any rally trying to push it lower. Eventually at this pace they will be short 100% of the float next year? Talk about market manipulation. Eventually SODA will get a fair valuation, closer to $150/share.
Amazing how you label anyone with a different opinion as short?
Sorry to see spammy uneducated people crowd these boards
Wall st no doubt will clean you out.
OPK appears to be doing everything right but this short piece is well written and has merit. Everyone ignored the hedge fund manager that said Madoff was a ponzi scheme. That went on for another 20 years before it all collapsed and now long term investors are getting clawback notices. Dr Frost has an excellent reputation but everyone should realize that they do NOT have anything of substance approved and may never. Until true revenue appears this is still speculative and high risk. Dr frost is still a billionaire if OPK does indeed go to zero. Great profits this year. I'm satisfied with what I have earned and will move onto something else.
before the company ramps up production at their new facility. FCF will follow and if the stock moves down they will repurchase shares. With the small float, ONE big hedge fund or investor could start a stampede in the shares. With 50% short float the rush for the exit will crush the weak. Fair value continues to be north of $125, this is a ridiculous share price for 30% growth and most markets still under penetrated. Competition be damned, there is room for many players in this market but none exist that scale like this. PEP or KO should strike now and buy them rather than compete. $3.5Bl is my asking price.
Wells Fargo downgrades EW this morning with a Price Target of 61-63. They were at 85+.
When analysts throw in the towel investors/traders come back to the stock at lows.
EW has great products but weak professional management. They need a bigger name CEO who knows how to market and sell this product. Demographics are on their side for the long term as baby boomers continue to age in record numbers and many are just not practicing healthy lifestyles. EW should NOW be using FCF to repurchase shares at this level but if the market goes south so will the stock. I think JNJ should take the opportunity to snap them up here. Management would jump at an $85/share offer even though the long term trends indicate this is worth north of $125. All depends on how they further develop their valves and other new products in the pipeline.
They will be neutral and raise their PT when the stock is $700. Neutral at 800. Buy at $1000. What a joke. If you follow this type of analysis you will never own the stock.
There are so many shares short how can you trust any of these analysts to NOT be helping them push it down lower? SODA continues to perform very well and there is little sense here in why the stock is being manipulated lower??? Eventually earnings will prevail. Eventually SODA will be forced to buy back shares on their own.
One big hedge fund that wants to make some real money should get involved and start buying. The short stamped would take this to $150, where it really belongs.
Oh Please, this has been in a steady down trend despite Uncle Carl's large and growing position. NUAN is a fine company but until they prove that their new business model works the stock is going nowhere, unless Carl buys it or forces a sale to someone else. Eventually this will work its way up to around $25-27 but not this year .
Investors are bailing on anything fixed income related. The thinking goes that 6% looks lousy when the FED starts raising rates, which is not happening anytime soon in any meaningful way. Long term investors need to be liquid and or add to their holdings as it declines. Just build your shares with dividends and wait for the next rotation forward.
His track record is impeccable. I think he will eventually merge OPK into TEVA . Utilize TEVA's enormous marketing and distribution network to leverage OPK's incredible pipeline of drugs and products. The two would grow to a market cap north of $80bl with worldwide sales many times greater than today. Each P3 drug approval would add 5-10 bl in revenue over time. Coupled with recurring revenue from 4Score and many other drugs Dr Frost is bringing into the pipeline through personal investments, you get the makings of a new world drug company treating many diseases and maladies with international reach. Think GILD, CELG, REGN, BIIB. Blockbuster status drugs with international marketing and distribution.
Time will tell but I think the shorts are really on the wrong side of this trade and Dr Frost continues to put his money where their mouths are. Watch them choke
You're both kidding right? EW management has done absolutely nothing to stem this selling. insiders continue to unload shares even at these supposed bottom level prices.? Germany lifts their ban on Medtronic's valve. No positive news from the company in months. No new product introductions. No increased sales guidance.
In the absence of any real market changing news, EW will most likely be stuck here or go lower as we near year end and tax loss selling accelerates. JP Morgan and Citi are not out to get you. They are in it to make money for their clients (supposedly) but more likely for themselves. EW has done nothing this year to warrant an investment. Long term holders will continue to ride out the selling as they wait for signs that the company is turning around. New sales in Japan in 2014 should help some. I think the CEO has been paid enough with options he hasn't earned and it is time for him to go.
with this enormous short float out there (54%) every hedge fund that gets on board pushes the panic button a little further. Shorts are just plain wrong here and SODA is SIGNIFICANTLY undervalued to their long term growth prospects and current growth rates.
This is a $3-5 billion dollar market cap company in 5 years. They will grow to north of $1bl in revenue the next 2 years. They will continue to add products and services with recurring revenue along the way and it is only a matter of time before the market catches up on the true valuation here. Sorry shorts, your time is running out.
10+ MM shares short and Shire PLC makes a $50/share bid. 28% loss PERMANENT and getting worse by the minute as SHPG rises also. This is the future fate here as well.
Permanent loss for them. 10+ MM share short and the acquisition by SHPG locks in their losses. Same will happen to you when Dr Frost eventually sells OPK for $20+ billion.
Have fun while it lasts. One day you'll wake up to a $65 open and be wiped out.
They have $72MM in cash. Problem with small unprofitable biotech's is that they will also burn over 52MM this year alone. More next. The trick is getting something approved for sale or a takeover offer before they run out of cash and or lose access to the credit markets. Always a wild card. Baker Brothers a point of interest as they have been very good at picking winners.
Saw a very nice display in staples last night, right in front of the isle with all the supplies. Two business owners were there buying soda machines and supplies for their offices. They said customers love the change from coffee to flavored drinks especially the juices. I think this story is in its infancy and surprised at this price someone didn't try to take them out.
I am not advocating shorting this stock. Quite the contrary, EW has fantastic technology just weak management. The BOD needs to shake things up and I think a big pharma company should just take them out. My fair value is closer to $110/share and it will get there over time, could be a long time.
I was derided by most for saying it. I am a EW long and this is painful but management has clearly blown it . They repurchased a lot of stock at an avg price in the 80's. Waste of money.
They sold tons of stock in the 80's and higher. Lack of faith.
This is where they should be buying back stock. The stock is oversold but now caught up in year end tax loss selling going forward. A dog for 2013 for sure.
Longer term, they need to continue to innovate new products and ramp up sales of TAVR products. Cut costs and increase R & D spending. FIRE some of the higher ups responsible for this mess. If you are short term minded, this is going to hurt.