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.
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
you should have know that when you bought it, it pays all earnings out so how can it grow? only by yield being higher than market and willingness of buyers to pay for that yield. only appreciation is buying when below book value then selling when above and not holding as you have done. As you have stated in a market with spectacular gains this is not the place to be except for the weak hearted. IMO
new partners for either ANDAs at FDA or new partners for Focalin in other countries and new ANDAs applications, Focalin script numbers from IMS if anyone knows on this board and would report.
that at present earnings estimates for 2014 that at this price you are looking at a FPE of 7 for this stock with numerous ANDAs in the pipeline. Amazing buy at this point. IMO added some today
I think you got a good range of accurate answers, This is a long term play that has an excellent track record and this was no surprise on FDA approval to anyone, the approval was in the stock price except for a very few but the earnings will be a great surprise as analysts reevaluate and raise estimates and recommendations and SP targets, There is no comparison to this drug in this space it is the cadillac and it will drive this stock price for years. Then add to that other drugs in the pipeline and you have a company that will reward you nicely, put it in the safe and wait for 4 or 5 yrs then look at it again and don't worry about 10 or 20 cent moves. And in another 4 to 5 months you will get a stock split But by 2 earnings reports you will be very pleased with the progress you are making here.
they can cure it but people are irresponsible, they have a vaccine for 2 of the types of hep c and most healthcare workers take them and all healthcare employers are required to pay for them They cost about $200. I have had both but the govt needs to require them as a part of school requirements to enroll just as they do diphtheria and polio. As the govt takes over the health industry under Obama care expect it to happen. I have had employees that didn't get them when I said I would pay for them . Lead them to water but can't make them drink. Where have you been that you didn't know this?
thank you for that explanation, but any well getting all costs covered in first year would seem to be great, and yes my numbers where gross not net and didn't include decline rate