Maybe he wanted to see if Rasuvo was even better. Trying new formulations or methods of administration is not new or unheard of at all. When did you sell your latest long position? How long will you be back in bashing mode? How much lower is your price goal for getting it down to buy in again?
It's not "obvious" Otrexup will not be a huge money maker. The only thing obvious to me is that it is too early to conclude anything about how large a money maker Otrexup will be.
The attractiveness of ATRS as an acquisition has been mentioned before. This should be a short's worst nightmare. Wake up one morning to a press release announcing ATRS is being bought out for a 50% or 100% premium over the current PPS and suffer a huge loss covering your short. Especially painful if insufficient equity in their account to cover the entire amount due.
Well, if your first buy was at 2.07 then you are doing very well. My first buy was above 3. That may sound terrible, BUT you have to remember I increased my buy volume each nickel increment down when I bought. AND I bought at 1.90 more than once, selling it back when it was above 2 to the market. In this way, I have profited as it has fallen. I have played this game with many other stocks and ALWAYS profited on my net position by at least 30% and sometimes up to 300%. I have other stock positions I've held much longer than ATRS. I buy what I consider to be undervalued stocks and hold until they are fully valued. Holding for a couple years is fine with me. I actually am just now selling another stock I've held nearly 2 years for a 200% gain. I will plow that gain into ATRS if it goes back sub-2, which it could do (I don't expect it).
I also want to point out that, just I predicted when it was 1.90, once this stock started an uptrend, the bashers would either disappear (as in stinkydog) or flip to promoting the stock instead of bashing it (as in camry and whogo). I've seen this movie before many times on the stocks I buy, nothing new under the sun.
Well, strong buy time was when it was 1.90. But whogo, camry, and stinkydog were saying it was going lower at that time. Only now, AFTER it has already gone up over 15% from that level is recognition sitting in that it's put in lasting low and is going higher. But I was sticking my neck out buying at 1.90, posting in real time that I was doing so, and getting ridiculed for doing so.
So what happened to all those voices claiming last week's low number had so much significance? As predicted, it didn't. This week brings the scripts back to trend. They may deviate for a week or two again, up or down, but the trend upward remains intact.
There will be good growth in revenue, but zero growth or even contraction in earnings, leading to a lower stock price. That's what competition and lack of a unique advantage leads to. Their product is really a commodity item.
they are being squeezed on price and there is multiple compression. They really don't have a choice, competitors are out there and their product is really nothing unique or special.
I continue to believe that one or two week variations in script numbers, even 20%, up or down are just noise. Way too much is read into these very short term numbers. The trend remains up. The comment applies both ways ... if one week comes in 100 less than a prior week, it's noise just as if one week comes in 100 more than a prior week, that's really not terribly meaningful either. Quarter over quarter growth is a lot more meaningful.
No volume today, they just couldn't generate any selling with driving it down. As soon as any buying of any volume came in, the price shot up. Come on shorts, be brave, short enough to drive it into the 1.8's!
Shhhh! I want them to short it back to 1.85 where I want to buy again. I probably will pick some up at 1.90 first.
Yes, and a 2016 estimate of .32 for 2016 is completely reasonable. Margins are close to 90% on Otrexup, and revenue goes almost entirely to earnings once past breakeven. With earnings of .32, this stock would easily be above 5, maybe closer to 10 if earnings are still growing quickly when present earnings become .32 for a year.