The float is about 36M...institutions own about 2.5Million shares (6.6%)
The avg trading volume is 336,00 and today's volume so far is 5,300,000.
It is not hard to see what is happening. Institutions are selling a typically low volume stock this morning driving this down sharply. It will take a while to recover. THere is value here at these levels , but this morning if you are buying you are swimming into a strong current.
I am guessing institutional selling is the reason for the pressure this morning. Not sure when institutional selling will subside,
Guidance reduced $76 to $81 million, from $84 to $87 million. How is that horrible?? Not good, true. But horrible it is not.
The combination of the CEO leaving and the low float makes AH prices a very interesting entry point.
The Company expects that Dr. Lang will remain the CEO until the successor has been appointed and Dr. Lang will continue to serve on the Board of Directors.
Its funny to read other posts like "CEO Bailing". Sounds like Lang is still part of the team, but just doesn't want to run it.
There is always initial panic when a CEO leaves.Overall, numbers were not bad enough to justify the AH drop. But low float low volume causes this type of wild swing.
Ok, you got me to read your article. Nice thorough job of providing a primer for us laymen on drug labling and KMPH's prospects.
for 3.7m for the year that is about 900k qtr. So that is a flattening out if you go back and put the 2014 numbers in. The growth from 2014 to Q3 of 2015 was very good.
Well, flattening may be a little exaggerated, but the upward trend is gradual and rather methodical. Not a bad thing. But I am dissappointed that TAPM has stayed in such a tight range.
I get it. not a good quarter...again. But I am shocked that a lot of this hasn't been baked in already.
Bad, yes. But a 25% walloping AH?? wow, I am not sure that the baby is not being thrown out with the bath water here. Parts of Endo's business are worth more than this. (sum of parts are greater than the whole).
I am an AH Buyer. I know it can get worse in the AM, but this is pretty extreme given that a revenue/EPS reduction should have been expected.
Hi Dyna, well, I have been out of TAPM for a month now. I thought about jumping back in. But this earnings report does not encourage me to get back in. After have some nice growth qtrs in 2015, TAPM has essentially flatted out.
Q1/2015 Revenues = 411,883
Q2/2015 Revenues = 615,000
Q3/2015 Revenues = 728,000
Q4/2015 Revenues = 692,682
Q1/2016 Revenues = 849,00
I was hoping for 850-900k for Q4, so that was a big dissapointment.
Their forecast of 3.7 Million for the year is ok, but it doesn't wow you.
Investor reaction to the quarter and and yearly forecast is muted.
Dyna, do you think this will rise above .30 in the next 6 months? What is the catalyst?
Ok...where do you price this low float, thinly traded stock now? WOW
I understand why some may have (past tense) thought this was a good stock to short. But Outerwall is diversifying AND there is a larger segment of the population that still needs an option to streaming.
Yes, most of us middle - upper class are willing to pay $120-200/mos for cable and internet. But there are many families that have low cost cable/satelite with no add ons and need a movie option. Redbox won't go away soon and their other businesses are doing just fine.
PE and PEG says buy buy buy. Or cover cover cover.!!
This may impact earnings a little, but overall a very healthy sign. This has been a pretty volatile stock due to its low float. But with its very low PE and PEG, $81 looks like a great entry point.
Somehow I don't think their problems are over. Who is this "forensic investigator"? Very secretive. Sounds suspicious, like an insider. "Big four"?? who?
I shorted last night with the belief that ILMN would test $133 (April 2014 low). But I did not have enough conviction to wait long enough and I covered at 139 (left money on the table, oh well)
I kept one eye on ILMN and when I saw a little capitulation around 133 I decided to go long. Overall investor sentiment is still prett positive on ILMN and I think that many will use this as a buying opportunity. Today's plunge has reeled in the Forward PE to a more reasonable 31.
12-15 is not a reasonable level for a growth stock. PE range of 25-35 is reasonable.
When you look at the revenue miss of 572M versus 596M estimate, it doesn't look that huge. Except they were expected to easily beat expectations. AND they are trading at a forward PE of 41 with a PEG of 2.72.
This will not be met favorably tomorrow morning. Especially since we will all have to wait until May 3rd for EPS forecast.
I have to admit that I am no longer in TAPM. I bailed after the qtr announcment. I was dissppointed that thier growth had somewhat stagnated from the previous qtr. I know the market in the middle east may help. But I just can't help but wonder if this truley is a commodity based industry now.
I mis judged the potential for TAPM. I will continue to follow it because I have a soft spot for TAPM and I want to see it do well. My biggest concern in the near team would be the need to do a reverse split. That would be disastrous short term.
touché 8*), though I am not sure I am worthy of looking up past messages. Thanks anyway