Probably a gang of traders do buy/cover at daily bottom and then sell/short at daily top.
I see their hands in my pocket.
While they are stealing my money, Joe says don't worry, they will return back your money. I do not think so. The money is gone and I may not see them again.
The Gorillas are getting sick and probably die soon since the zookeeper does not know how to take care of them.
No update for long time. This is the worst nightmare for me since I invested in a company that went BK without any notice but it was quiet for a period of time.
Generic manufacturing cost is lower than the brand one.
In addition, marketing of generic will be cheaper.
Then why did SP expedite it?
Who's fault is this?
Will anyone be punished?
I know a medical company that fire the faulty person right away, even if he is a VP.
goofy, goofy, goofy.
Tarzan Yell is funny. But I wish he could do one CC here to reduce investors pressure.
Joe, these traders who play it daily as short or long start posting dependent on their position. They become negative to push the stock down and quiet with no position.
I think, no response to them is the best action.
No, it won't be like this for ever. Time is in SPPI favor and by Q3, SPPI will be different, much more different but you have to have patience and strong stomach.
SPPI value is the same under any management. Well, Raj may be a bad salesman but a good scientist. Not defending him but he adds value. This fact should not put down SPPI value since he can be replaced.
Time will solve this problem and SPPI will get its value eventually.
They pushed the price down with only 50k in the morning, recycled some shares at low then started to cover 30 minute before the close.
Most of today's shares were traded from $5.89 to $5.94 in the last hour. These are mostly short covering. Of course, some weak hands contributed.
They did the same from $12 to $8 and their mistake is that they can do it in this price range which is impossible. They will get burned, not the smart ones but the sheep.
Not all shorts are at the same level even if they have the boss support and boss throw them a bone here and there.
Some will ride with lemo but others have to jump the ship eventually. They may never see the shore again.
stocks.toshort claims that he has no share but here to annoy people. Annoy people for what and why?
Then they say Joe has no life. How about other posters who are posting negative stuff to gain one or two pennies?
Don't tell us that you are to annoy people with no skin in this game.
Joe gave them one hint that is you may be lucky to shave $.50 to from the price at max if you lucky. However, you could get few dollars at minimum on the long side.
So, does your mind can digest this simple fact or you are waiting to be run over by a heavy trailer.
I think that a few people act like a gang who short together and then cover before the end of the day. Just check last Friday and you will see their foot prints all over the stock.
They have gotten used to this behavior for long time and they won't quit until they see some big losses when a surprise is presented to them.
I do not think if any short is in control but I think some traders are stealing a few dollars. However, while they are busy with some changes they will lose big money at the end one of these days.
Why do you guys blame bond holders? If they don't short then somebody else could have done it. This is the company problem. Either outlook is weak or managent of the company is weak and does not know how to run and represent the company. Now by all evidences, SPPI has good revenue and promising pipeline. Then it must be the management who are weak and does not know how to plan and run the company. Management should have plan and good view for future and a proven record for what they claim. I am new to this stock but listened to a few SPPI CC. In oner CC, the CEO claimed that Fusilev generic effect is less than 1% and in another CC hinted that Sandoz may take away some good potion of Fusilev revenue.