So you created a whole new Yahoo identity to post this masterpiece? I hope you put your money where your mouth is and shorted the stock in the 50-cent range. The new CEO has a good plan, cutting down the expense structure by over 30%, moving to direct sales, going into areas they previously had no representation, focusing on product areas of strength. Their international business is a real area of strength, and almost completely made up for the decline in domestic sales, and would have if not for the super-freaking strong dollar. And the FDA WARNING LETTER (nice all-caps) is for paperwork on a product that they have never and will never use. I came in at 52 cents all the way up to 62 cents, in for 100,000 shares at average of .56. Lets see who makes more money in ATEC, me buying at these low prices, or you with your inaccurate sideline axe-grinding. BTW, Alphatec fired you, get over it.
Sentiment: Strong Buy
Exactly. Unfortunately, Alphatec had very limited choices after the Orthotec judgement. Until they get clear of Deerfield they will be working between the getting up to $1.45 and then down to $1.20 to let Deerfield make additional $$$ on the short swing. Too bad. The Orthotec deal may still kill the company. They completely miss-judged that case and we as shareholders are paying the price. Makes you wonder about how well they may handle any other litigations they may be involved in. Management of corporate litigation is a big part of running a public company in today's climate.
You said a mouthful. 100 million shares of action in less than two days. I don't even know what the float is these days.
I love Saleen, but I don't understand the 30 million share shakeout and loss of 50% of value over the last two days... Can a smart person explain it to me?
The upside from here is big, and the downside is already here for anyone holding long term. Why dump to take down a few pennies vs. letting it ride?
That's what we invested in DD for, right? To insure job security for the myopic insiders? Mission accomplished. $70 per share, here we come.
How about AMPE for starters? First time around, AMPE disaster with temp regulation, stock crashed, flatlined and went back up. ISIS had a similar disaster. Crash and then flat line is a classic bottom in many cases. If you don't know that, I can't help you.
I can give you hundreds of examples of the exact opposite being true. Often when a stock crashes, and then straight-lines in the face of bad news, that is often a bottom. Not a sure bet that its going lower from here. It might, but you are not correct that its any kind of sure thing. The only sure thing is that I'm not getting laid tonight. Wifey is outta town.
I'm hoping for $2.20, and "play it again sam."
New CEO gets it. Shorties eat your hearts out.
IN your dreams, shorty. This is a well-established trading pattern. Company comes out with earnings, exceeds expectations, gives soft estimates for rest of 2015 and 2016, get's a 5 - 10% hit, then appreciates all the way to exceeding the soft guidance. Brilliant. Ain't going much below where it is now.
Be careful what you wish for. High volume at this point would probably be a function of selling overhang and would take the stock lower. While ATEC is in this period of building towards profitability and changing past patterns that kept them away from profitability, I'm happy with low volume. When they achieve profitability and resolve their cash problems, enabling some strategic M&A, then I want to see big volume. And a run to double digits, which a profitable company with $200 million+ in sales would warrant. I believe they are on the right track, and that at this point, it is a patience game. I'm hoping people will regret the day they passed on this stock at these levels.