Uggggggggggggggggg !! Chalie Brown !! Invite Higgins over to decorate your beautiful tree he can make it look "GREAT" just like the stock!! so disappointed in his lack of direction, leadership and transparency with the stock buyback!! time to give the bonus money out!! The bonus should be based upon stock performance not approvals !!
If the executives would look at the shares they own and realize a higher stock price would be a much better than issuing more compensation in the form of stock or bonus they may actually be more focused on stock performance rather than a stock giveaway !! Even though the compensation is not that significant (relative to other peers)it could be a great way to put the execs on the same side with Longs . I think a spin off is the best way to utilize stock performance !!
He has had months to consider the buyback plan!! We are trading flat for the entire year!! No pps increase from 2014. in my estimation why wouldn't a buyback even in small amounts be the best option at these prices?? The ONLY reason he would hold off is if he is in negotiations to sell the company!! That's the only reason for no buyback thus far!! Consider the history of management they are turnaround kings in the biotech banking world!! Ligand is firmly on track to have record profits and generate millions of dollars over the next several years -2020. So they would make a great fit for a mid cap pharma looking to diversify there portfolio!! But shareholders are not happy with the returns nor should they be . You do not invest in a risky biotech expecting profits then the profits are expected to hit all time highs and the company stock is trading at 0 for the years. I sent IR at ligand a message and stated my frustration . I'm getting very impatient with this performace!!
The stock is at 52 week lows if you are implementing a buy back now would be a GREAT time!!! Holy cow!! Build some shareholder value what are you waiting for. WE don't need a buyback to drive the stock we need visibility, product news, increase earnings and a marketing plan to attract new investors. This is the best story out there!! Come on
Its X-mas put some money to work!! We need news product updates and partner updates!! We have over 100 products hitting over 80 million in sales maybe we should hire a marketing firm. YTD the stock is FLAT!!! Shareholders are getting a bit impatient!! Time to expect better returns from a highly profitable company!!
The march up to the 70 -90 range needs to start at some point!! 4th quarter is around 25 million !! Then we are in 2015 setting up for 83 million with flat expenses!! I know of very few companies that can increase revenue and have the same expenses. That's a rare combination and will soon have a premium set on it!! over a 2 billion market cap is expected!! 2016 is over 107 million.
We are going on 3-4 months since the convert and appears no money has been put to work. Stock is a long way from 74-110 price targets. Get this moving !!
What are you doing with it? Is it cash? You mentioned you were planning on buying more shares I haven't seen that happen yet?? I saw Blackrock bought some shares a few weeks ago (bought around 52-54 range) .Just some food for thought!! Yes Promacta cures any cancer !! That may push the stock up .50!! LOL
Investors are really dumb at how undervalued we are here!!
so hard to predict! Tax selling maybe !! Looking for great value maybe!! Its a 50/50 bet!! Lol I agree on getting solid investors !! Most of it is the Priest is opening his mouth again!! Havent heard from him in a month so it was time he spout off!!And of course any positive will be met with His big deep commentary!! LOL
So funny he is admitting Ligand has earnings and cash flow positive but is still short!!Says he covered at 43!! What a joke !! People Higgins will raise guidance as he usually does before earnings!! I wouldn't be surprised to see us close to 90 next year!! Its still a nice increase!! Ok we have substantial year over year increase and the stock still trades around 50pps . Just doesn't make a lot of common sense to me! Investors are really really dumb!!
Love the presentation !! The people who think the management is over compensated need to move on. Earnings are growing substantially they are hitting many singles everyday . the issue I have is the stock performance over the past 4 months just stinks!! The stock is trading at undervalue levels for months. The market will figure out the price is undervalued and we should be trading around 80- 90 range based upon EPS .