1. Can SYNC deliver on the contract?
2. Does it need to ramp up and spend big money in order to succeed? If so, where will the money come from?
3. We know the amount of revenues the contract produces but we have no idea the amount of profit it will generate.
4. What motivated AT&T to go with such a small player? Did SYNC give up the profit margin in exchange for the positive publicity?
It is an interesting speculative play but I will hold off until after the earnings are announced.
What is the caption and docket number of the Pa. lawsuit?
You claim there have been "indictments". Please give me the details. You are blowing smoke.
Your statements contain serious inaccuracies. You say:
"For which they are currently under investigation and indictment in a number of states".
The "investigations" were initiated in July 2014 by the US Dept. of Justice - Anti Trust Div. and in Nov. 2014 by the Conn. Attorney General. There has been a lot of talk since then on generic pricing but there have been no "indictments" nor any further investigations announced at anytime during 2015 focused on Lannett.
As is your stated goal, your intent is to scare. The Gov't investigations are typical window dressing to make it appear that they are addressing the issues. Don't you find it curious that there has been no word from any state of Federal agency in 2015 concerning possible enforcement actions directed against Lannett or any of the other players who were under "investigation"?
Despite your repeated attempts to establish credibility, you are disingenuous and untruthful.
Like clockwork, you get a short attack right before earnings at a time when the general market is very weak and company is prohibited from buying back stock under its repurchase plan. They did this before and the stock tanked but then bounced up upon the earnings release.
Read the CEO's 2/25/16 press release- ALL positives with continued growth in all sectors. Every brokerage house following this stock has a $120+ target.
Bought today at $81 with little concern over the prospect of "bad news".
With all the patents and good news flowing from the company, it is hard to believe that the stock is trading so low. I know the past price history has been horrendous, but it also can spike higher again.
Iron ore closed on the Dalian Commodity Exchange at $59.90 metric ton. It traded as high as $66, a 6% increase. The 6% rise is the daily limit for this exchange.
Clearly there is tremendous pressure on the pps. Privet wants out and is shooting itself in the foot by advertising its intent. Privet was wrong for buying such a large position and is wrong in dumping the stock. You would think that Privet would have offered the stock back to the company so as not to disrupt the market. So is the way of hedge funds. As others have said, I would not invest a dime with Privet just based on this example.
Once the pressure is lifted I suspect the Privet buyer can get the stock moving back up, This is predicated on a positive report from Mobley- which is far from a sure shot.
Regardless, there still is substantial buying coming in. Remember, it was Privet who said, when the stock was $1.18, that the company was much more valuable then the stock price.
Why are you wasting your time seeking a reply from a guy who is short the stock and has admitted employing "scare" tactics? I have him on "ignore".
Or do a reverse merger with some more profitable company so that they could use the tax loss carry forwards. I am sure that was Privets feeling.
He has a lot of his family holding RVP stock- i.e. 61% of the stock is held by insiders. One would think that he still has the capacity to settle the case and make them a lot of money rather then taking the risk of an adverse appellate decision. He may be resting on "principle" but this may cost his loyalist group and the rest of us (not that independent shareholders matter to him) the only opportunity to cash out at a much higher price.