I was looking for Sandoz ad "I Can't Believe It's Not Spectrum Fusilev".
"It is better than Spectrum and much cheaper"
Why SPPI ignores this business? Smart one like Sandoz and others are seeing profit while the SPPI is stuck in the mud.
This company needs someone with vision but not those that only think about their retirement and grabbing free shares.
I think Sandoz may use above phrase to advertise for its generic Fusilev.
Of course, it is based on "I Can't Believe It's Not Butter" which may be more effective on female and fat doctors.
Here another fish caught in shorts net.
Manipulation forced the poor guy to sell.
The whole purpose of shorts and their negative posts is to disappoint people like this guy. I do not think this is a clean way to gain any money. This is dirty money and it will be wasted.
I also noticed negative posters use multiple IDs. One of Joe's post got 17 thumb down in one hour.
Yeh, 17 people read his post in one hour on weekend?
1- Relies on threats and punishment to influence employees.
2- Will not trust employees.
3- Disallows employees input.
4- Limits creativity of workers.
5- Promotes the lazy, unmotivated, here-for-the-paycheck employees.
6- Careless about shareholders.
7- Prefers his pocket over the company.
8- Does not make decision quickly.
9- Has problem for running a tight ship.
10- Does not return structure to a poorly managed area.
How many of them do you see in Raj?
He is making sure spectrum is destroyed before he leaves the company.
So, if he does not know how to run a company then why is he insisting to stay on power?
Obviously, he is very weak in marketing and sale. How about legal team that cannot perform?
How about his hesitation in developments or right developments?
If there is any potential blockbuster then why there is no deal?
200k were traded from $6.10 to $6
100k were traded from $6 to $5.90
500k were traded from $5.90 to $5.99 and stock closed at $5.97.
Looks like someone planned it thru this path. First, pushed it down and then grabed the shares in way up.
Automatic computer sale were coming as usual in the red market and all needed a little push that some short trader provided it to send it down to $5.90 and then slowly load up to $5.99. Nice trick.
Was anyone fooled or paniced to sell?
Who knows, Raj may resign one of these years or days. Being over 70, you get pain all over your body. It is like an old car that spends more time at repair shop.
Please review the proxy again and see if there is an item about CEO.
I think it should say, fire CEO if he is incompetent and PPS is down for two years in a row.
"Buy 10 m shares at $6"
Don't be stingy, tell them to buy 65 m shares at $6. By the way, ask them to keep the price at $6 too.
I do not know why when I buy 1k shares the price jumps a few pennies. The price probably will be over $10 if I buy 100k.
Either weak hands are already sold or shorts are on vacation.
Scary things for short is that SPPI is going up slowly to put most damages.
It is still at the bottom bout I think SPPI will outperform the market today and next week.
Probably shorts are covering finally. I am very happy for longs. Poor long have been punished day after day and now they get a break. Heck I join the ride too.
I myself am a technical player.
I also believe capitulation happened yesterday. It is good that price did not dropped today. If uptrend continues tomorrow then I add more shares. One positive thing is that Fusilev generic news is out and shorts cannot bash SPPI based on this scenario anymore. I hope Raj or other gang member does not screw up since I want to buy some shares.
There will be another push to downward tomorrow.
Shorts will try to short more tomorrow since there is a chance that some disappointed investors want to wash their hands from SPPI. It is been a very depressing stock and enough is enough.