he is only down 1.5% and crying, geez, I agree with you I bought 6k shares at 75 and I am not bothered at all, well maybe a little but I have a 4 to 5 yr time frame here and I am only bothered because I don't have more funds at the moment to buy more.
complains about new posters and he has only posted for 2 weeks and has made over 570 posts, if there was ever a troll and paid poster it would be fobaccess, nickname "fool on board access"
that is basically what i had drawn from talking to representatives at the company, they are keeping the agreement close to the vest as it must be a sweetheart deal for Par and they want better further out. Contrary to the SA article on 8/22 by BOB that states otherwise there is nothing to say differently than this . No one other than the companies involved know the percentage of the profit sharing agreement or many other details, Par is doing the marketing and IPCI the production and they are sharing the profits, I am not sure even if Par is buying the pills at cost and then sharing profiting or whether IPCI is producing them, Par marketing them and then they share proceeds after those costs. This is the most silent deal i have seen in a long time.
he was one of my first on this board to put on ignore surprised it took you so long, he sure has you mixed up with someone else , he must be drinking a lot tonight trying to figure how to get out of his short position before this goes to 7
again you are showing how neophyte you are, the stock with the market down and the fact that this news you are claiming was in the stock a long time ago meant it was time to sell the news. Having said that I got in at 75 area also, wasnt thinking clearly obviously. But I am not whining I plan on being in this investment for 4 or 5 yrs minimum and it is about 25% of my portfolio so I am very long and very down. not a problem except very short term. like he said forget it and look back in 6 months.
I am believing you are correct the immediate response from SA was 3 suggestions number one was that I could unsubscribe or quit reading their articles to solve my problem, what a hoot, as that was my suggestion to them if they did not sanction the author.
I have written to SA to remove Bob as an author under SA because of his misleading article which imo are outright lies to mislead investors for his own gain. His statement of a $15 million payday for IPCI by Par on Fda approval of Focalin XR can not be verified anywhere that I have looked and I have done a 3 year back search and have called IPCI and they say it didn't and isn't true. When Bob was asked all he would respond was do your own DD. This is outright unacceptable that an author would not apologize at least for such a mistake or back up his statement. I believe he writes these articles for his own gain and will put anything to help that agenda in them. I have looked at his article on Chelsea Pharma and feel it is very similar. I would suggest any of you that have read his article and where influenced by it also email SA and complain or ask that Bob not be allowed to write for them again without them verifying his statements. Their disclaimer is not enough for me. If they allow this type of writer to proceed then I will put them on SPAM alert.
do you have any proof of this because other ATM sales by other companies are reported on Sec forms and I have seen none.
according to what I have read and spoken to IR the manufacturing facility has already been approved, is ready and has been expensed, the additional costs will be employees to run it but that will be offset by sales, Most analysts are calling for it to be profitable in 2014 based on Focalin sales. I have decided not to repeat anything or believe anything in the SA article that originally got me into this I think the gentleman should be censored at SA from publishing anything that is not verifiable. He is a shill making quick profits off of false reporting. He wouldn't even answer any emails sent to him.
FOB stands for fool on board, he copies other peoples statements, ask questions he has stated answers to before and spreads bad rumors, ignore his comments and you will do better, There is no document or research he can do that will show that they have received or will receive funds other than profit sharing on FOcalin and that has no percentage published. The best I can offer is the approximate $3 million the individual at IPCI alluded to but didn't state that will come. They are very secretive about the deal. So do not believe any statements until the company publishes it and that has not happened to date and is not in any SEC filings to date. But do your own DD and if you find my DD is wrong please publish the web site.
the gentleman at IPCI would not give me an exact number but said PAR had set aside in their account an amount of $3 million dollars according to filed documents but there are no documents on file from IPCI on this nor press releases and I went back 3 yrs before I called IPCI, The $15 million is bogus.
there is none, i have spoken with officers at IPCI and it is not true the article is spam, he got in and got out
the same happened to me at a lower price, the SA article is not accurate and I have verified that with IPCI, I personally have put the article writer on my ignore list and so should SA, I have written to him about the fallacy of his article and gotten no response, he is no better then a spammer and hopefully someone sues his butt.
I can't tell you why, it isn't because of their trading platform as it is the worst in the industry, It doesn't like day traders, iN fact I have called corporate offices over 4 times in last 3 yrs to talk to them about fixing their online platform and the mistakes it makes and today was told that they really weren't set up for day traders I should think about switching to Etrade and I have a 7 figure account and have been with my broker for 25 yrs. Their platform is like the online site for Obamacare it needs to be trashed and start over or pay for a good platform. they made a mistake one time and put $80k in my account that wasn't mine when I told my broker he said I was probably his only client that would have said something and they would have never caught it. It was 3 days since they did it that I noticed so they didn't catch it in 3 days. When you talk to them they say they are working on the platform but it has been 3 yrs and I don't see any improvement, every day I have an error on it or it won't work. Yesterday it said an option didn't exist that I was long and I couldn't close it without calling my broker. today it won't let me sell an option on Jazz pharma when I am long the stock shows an error, at least once a week the platform is shut down. You can call IR and they say it is working and 15 mins later they say it is down. They don't even pay any attention or know when it is down. Very unresponsive.
obviously you know no one that is dying from hep C or you would know why they take their medicine to have a chance to live. the interferon does have side effects but not as bad as what hep C causes, more people now die from Hep C than HIV in the US. At least know what you are talking about to get your short position covered. Now profit taking is reasonable for what is happening, sell the news and buy back before the next news is the case here and I am a late comer
with the $5 billion in earnings next yr
1) pay down debt
2) buy another company
3) rat hole it
4) pay a dividend
5) buy back stock
6) give bonuses to executives
My hopes would be pay down debt and buy back stock then buy a good company for right price Pretty sure there will be a stock split of 2/1 but the stock buyback and debt reduction would help earnings and give stock holders some appreciation. 3,4,and6 are of no interest to me