Pernix Therapeutics reports 1Q loss
Pernix Therapeutics posts loss of $23.7 million in 1st quarter
May 1, 2015 7:00 AM
MOUNT PLEASANT, S.C. (AP) _ Pernix Therapeutics Holdings Inc. (PTX) on Friday reported a loss of $23.7 million in its first quarter.
The Mount Pleasant, South Carolina-based company said it had a loss of 62 cents per share. Losses, adjusted for one-time gains and costs, came to 11 cents per share.
The pharmaceutical posted revenue of $33.9 million in the period.
Pernix Therapeutics expects full-year revenue in the range of $220 million to $240 million.
Since PERNIX launched Zohydro only on March 4th, I doubt they have much of a count yet as it takes 3 months at least to get the word out and sales up.
Pernix Launches Zohydro® ER with BeadTek™
New Formulation Maintains 12-Hour Efficacy to Treat Patients Suffering from Chronic Pain
Business Wire Pernix Therapeutics Holdings, Inc.
May 4, 2015 8:00 AM
People should have learned and listened to you. You were correct in predicting falling to under $6 by Friday.
You were pumping PTX also, mralfa, and then you disappeared when it has fallen for 2 days.
Are you related to mralfa or akjmi? Do they work in the same boiler room operations as you? Or, are all 3 of you the same person with different posting IDs?
Or, are you the same person pumping with different IDs?
It is clever you disguise by writing like some stupid retail buyer with all the spelling and grammatical errors. How much are you paid to pump stocks (I mean, promote stocks)?
Where did all of you disappear to?
someone knows something is bad about the company that they are just exiting and no buyers.
I have never shorted in my life. I bought in pre-market on Friday at $6.90. like an idiot.
I passed on buying pre-market on PTBI when it jumped to $4 from $2.70 range. Then PTBI opened up at over $5 and now at $10.
I thought buying PTX in pre-market at $6.90 was a smart move as it was up only 7% in pre-market. Well, this has turned out to be a disaster from day one
that huge volume also is lots of margined players going on momentum and now forced to sell at loss and lower and lower.
Lots of foolish retail buyers rushed in an an FDA news that was expected to be positive but the sales revenue for 12-17 year olds where only 8% my need it so lucky if they get sales to 2% of that population means it is meaningless. With the huge new debt level over $400 million and revenues are lucky to hit $150 million in 2015, means funds are getting out and selling.
Over 4 million traded on Friday with the FDA news and it hardly moved up. And last two days dropping -6%. How bad are things for this company?