And pfizer's yet to be approved abuse deterrent opiod hs been found to be potentially manipulated for abuse using solvents. With two potential Zohydro competitors being questioned, I wonder if that is part of the reason for the recent share price rally.
As far as the Teva product, I don't believe any product so far can claim abuse deterrence from taking excess product orally. The technology is being worked on, just not finalized yet.
You and steve need to learn about price/book ratios and how to figure them. Here is one of many articles summarizing recent company stats:
Last Trade: The Company closed its last session at $0.48 with the gain of 3.91%. The market capitalization of the company is $29.2 Million, with the average Volume of 4.18 Million. The stock currently has its 52-Week High range of $6.44 and 52-week low range of $0.39. The Price to Sales (P/S) of the company is 0.17 whereas, P/B (Price to Book) stands at 3.41. By looking at the Volatility of the company, Week Volatility is at 7.84% and Month Volatility is at 17.21%.
You keep repeating the same question to posters who, amazingly, are negative about a company whose share price has plummeted to 41 cents. In case you don't know this is a discussion board not a forum just for promoting the company. If you're so upset by other opinions then follow your own advice:
Reply to Pernix- MISMANAGED TOXIC PATHETIC JUnK- Reverse split by saleenpunjit •May 16, 2016 3:49 PM
casediagnostics • May 16, 2016 5:47 PM
1users liked this postsusers disliked this posts0Reply
You are put on IGNORE, #$%$
It all sounds perfect. Just wish you didn't sound so much like those boiler room types and spammers whose posts end with "UltimateStockAlerts". :-))
Yep and when the word "shorty" is thrown around, evidently they don't realize that's a significant strategy of these beloved hedge funds to control risk especially in speculative stocks that may or may not work out.
Why do so many retail investors think hedge funds are so stellar? This is a copy and paste from a 2016 Bloomberg article.
For many hedge funds, recent declines are the worst since the financial crisis in 2008 (that event served as a useful scapegoat for hedgies' near-universal slump that year). But this time there isn’t a common culprit for managers to point to; hedge funds’ misfortunes have been blamed on various and sundry factors from central bank surprises to unlucky individual stock picks (see Valeant) to bungled market timing.
If I understand you correctly, you're laughing your #$%$ off while the price is around $0.41 cents, specifically laughing your #$%$ off at shorts who have made money hand over fist while longs held on and bought more as the sp declined from $12, $8, $6 to well under $1, losing their shirts. This includes analysts and their much higher price targets along with institutions who have been consistently incorrect about their understanding of this company and mm activity. There needs to be medication for your condition. :-))
When was that written?..... "Given the current price of just around $2.20". Sounds like another incorrect Brean report....one of many.
Hey how negative can you get. Stop your bashing and cover. :-))
1 Reply to sweetpickings
michaelrodman722 • May 4, 2016 8:42 PM Flag
0users liked this postsusers disliked this posts2Reply
Sweet why don't you just cover and stop the bashing.
1 Reply to michaelrodman722
I'm still mystified why 6 months ago no one said, long term, the stock could go under $1 maybe even to $0.50 cents. Well I guess some did, those who were laughed at, told to get lost, etc. Why don't people say "congratulations you were right". Instead they get taunts,ironically, for being right and for maybe making a more successful trade than even the Cohen's of the world.
Source? Please copy and paste the information you have. Thanks.
michaelrodman722 • 9 hours ago Flag
0users liked this postsusers disliked this posts0Reply
It is happen now. The company has already found potential buyer.
Why would you tell someone who has had a VERY successful trading position to "get lost". Shouldn't you congratulate those that have made money on their trades? And why get upset withthose who have been correctly negative about a stock that has dropped from $12 to $0.55 cents? You should be upset at those pumpers who recommended to buy at $6, than buy at $3 (the tutes did, the analysts have much higher target prices, mr shorty is wrong, etc), then load up at $1.50, then $1, then you're a fool not to buy at $0.90 cents. I think you're telling the wrong posters to get lost. You should be telling those who influenced you to buy at much higher prices to get lost.
"Cohen ALWAYS wins." Always? His portfolio has anywhere from 300 to 400 stocks at any given time with an 85% turnover rate each year. If each stock went up all the time he would be the ONLY one in history to do that. Below is a copy and paste from a Fortune article from a week ago or so where Cohen blames other hedge funds for HIS losses:
"Billionaire investor Steven Cohen said that too many hedge funds placing the same types of bets contributed to sharp losses for his $11 billion........."
Sorry the whole article didn't copy. But you get the idea. Every manager loses on positions a high percentage of the time which is why they remain so diversified. If Cohen "always wins" he would have made PTX 10% of his portfolio rather than significantly less than 1% of his portfolio. And he would only invest in 5-10 stocks since they are ALL winning stocks. Instead he invests in around 400 let's say because Cohen is in touch with reality and KNOWS many of his choices will not be winners because his experience tells him that, many times, unexpected things happen......like his current underwater position in PTX for example.
Yeah taunting is rude right? :-D
Reply to Sounds like "ptxbull" missed the ride and he feels bitter about it lol. by margate1980 •May 4, 2016 5:03 PM
margate1980 • May 4, 2016 5:18 PM Flag
0users liked this postsusers disliked this posts0Reply
It appears he shorted right before the jump! Hahahaha. He is stuck
Sentiment: Strong Buy
I hope analysts start becoming more competent and, until they do, I hope investors stop having so much faith in their "estimates". :-))
Haven't we worshiped the great Cohen enough already. He bought 1,050,000 shares at a price of $2.40 to $3.50 sometime in the last quarter 2015. He recently bought 2,700,000 shares recently (which many here celebrated as the sign that this stock could only move up) that are also getting crushed today. For someone who supposedly invests with inside knowledge, his timing and awareness of the company's short term results is lousy. I'll give him the benefit of the doubt that he probably sold and shorted before earnings which is more in keeping with his reputation as a savvy investor. No one has any idea what a hedge fund manager is currently doing except after the fact and investing according to what we think they may be doing is a big mistake imo.
It's already known by everyone that the firm the company hired will explore three options ("alternate strategies", remember?) ; selling the company, partnership or "other collaborations" as stated in their widely publicized quarterly report this morning which crushed the stock. Share price won't respond to this until any of these options have been decided on and a per share value can be calculated. Otherwise it's like saying your house is up for sale but with no offer yet you can only hope someone will offer a good price. If your house has problems and your offers are lower than expected you may decide on an alternate strategy like renting or hiring a contractor to improve the house at extra expense. You have no idea what you are worth until then.