Some of the long term shareholders have used the cliches "Silence is golden" and "No news is good news". I saw no reason for Pete to release the first quarter revenue numbers early if he wasn't setting the table for some bigger and better news next week. The stock is still down almost 20% year to date based on increased short selling and a bulls%$# DOJ investigation that never had any merit. I've been here for 5 years Tipsy, and I have nothing but time, however, it is past due for this stock to be moving up now.
"two different things. how bout. Formal aproval won't come for maybe 2 years and that is for the first use for planters F. What the company is looking for is a transition letter that would allow the company to market the micronized (in all uses) pending all BLAs which is something they are not doing now, they merely take orders for it as of now."
Add to this that the company is well ahead of their own timetable for hiring new salesmen. Pete isn't bringing these salesmen in early so they can sit around and wait for something to do with their time. This how_about character likes to opine a lot, but he seems to have great difficulty connecting the dots.
I see ANY broke support at $3 the other day and put in a 52 week low. You must be losing your cezass in that stock.
"I told you: 10-20% above forecast was never in the cards; and I also said that they would "be toward the high end of guidance" which is exactly the report."
Congratulations! You have won the grand prize. how_bout we send you two tickets in right field to an upcoming Atlanta Braves game of your choice.
Pete also said at the end of December that it was much easier to tackle a problem when you knew where that problem was coming from. Some of these DOJ investigations can go on for years. Pete had it squashed in 3 months once he knew the source and root of the problem. He inferred in late December that he also knew where much of his problem with the FDA had been coming from too. It doesn't surprise me one bit that the timeline with the FDA has been shortened now. The events in late December might have hurt the stock price in the short term, but they made this company stronger in the long term. This supposed "earnings miss" today is just another pebble in the path too. When this company is ultimately sold, nobody will care whether first quarter 2015 revenues were 41, 42 or 43 million. This company will be sold off of a multiple of future earnings, and the future looks rosy.
Management was under no obligation to release the first quarter numbers early. They are setting the table for a much bigger and more newsworthy announcement in April.
If you had been listening carefully to what Pete Petit was saying at the end of December rather than running your mouth, you would probably surmise the same thing as Bruce. Go back and read Lake Street's comments from January 15.
Also from Lake Street "Resolution of the FDA issues with micronized product is nearly complete, which will allow the company to resume promotion of its injectable products". This is the single most important item that could launch the stock higher. Lake Street indicated that being able to begin to market the micronized could add $75 million in upside to 2015 revenue. Imagine seeing estimates go from $185M to $260M in a day."
This is the single most important item that could launch the stock higher - Bingo!!!!
"Company has planned presentation tomorrow morning, hopefully they say some words to support the stock."
I suspect we get some positive news regarding the FDA shortly.
I suppose after recommending ANY for $7.50 and then losing half your money in a month, you would certainly understand SOFT.
Your Braves sure are a feisty bunch. Perhaps they will outperform this year like the Royals did last season? You might be overestimating the level of talent you traded away anyhow. Have you looked at Evan Gattis' numbers with Houston this year? The guy is hitting 0-20, and better than half his plate appearances have been strikeouts. Now you have a real catcher, and a quality backup too. I'm not saying the Braves will win anything this year, but I don't think they will lose as many games as the gurus had been predicting either.
It might be time to end the season now and begin the playoffs tomorrow. Your Braves are in first place, and they have home field advantage too!
I swear you are disappointed that the Braves traded Uggla and Melvin. I think you enjoyed bashing them every day.
The Braves will regret trading Heyward more than any other player they traded recently. In my opinion, that includes Kimbrel too. There is no way to predict how long a flame thrower like Kimbrel will last, but Heyward will be a great ballplayer for a long time.
Mr. Petit has skills running a publicly traded corporation that Mr. Daniel does not have. John Daniel had the product, but he never would have grown this company into what it is today. It isn't just Pete either. It is all the other people Pete brought with him including a professional and seasoned board of directors. Where would this company be without Dr. Don Federoff and all his work in insurance reimbursement? Don is a big reason that the revenues here keep jumping quarter over quarter. That isn't John Daniel, and it isn't Steve Gorlin either.
I see you created a Yahoo ID today for the express purpose of spamming this message board. All three of your posts have been on this message board and not the MDVX message board. MDVX is down 11% this morning. This looks like another hot tip here like ANY. By the way, Surgical Biologics was founded by John Daniel.