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Baudax Bio, Inc. (BXRX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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1.0600-0.1500 (-12.40%)
At close: 4:00PM EDT
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  • B
    Bruce
    Enough is enough! I am down about 90% on my investment or about $130,000. If you do a search for Securities fraud attorneys you get a bunch of one man shows. Luckily I remember the name of the firm I was the lead plaintiff in a case about 5 years ago. There is a group of about 10 or so that you see follow the leader in filings. Farugi & Farugi is one of them. I will be calling them either tomorrow or Friday depending upon my schedule. If someone wants to give them a heads up the number is 212-983-9330. That is their NYC office. They have offices in New York, California, Delaware, Georgia and Pennsylvania. If someone has losses higher than mine and wants to be the lead plaintiff please let me and them know.
  • N
    Nimas
    I normally would average down but I have zero confidence. What if I wake up to $0.50? I wouldn't be surprised.
  • w
    wererabbit
    Congrats Gerri, you took 2 companies to a 52 week low today. Not an easy thing to do. Very few people have ever done that, nice!
  • B
    Bruce
    Where are all the lawsuits?!
  • a
    arthur
    l hear everybody talking about a RVS they have 18 million shares outstanding so could it be a 6-1 split at a $1.00 ? That would reduce the share outstanding to 3 million and put the stock price at$6.00 . If l did my math correct l don’t think it’s worth doing . Just my opinion.
  • e
    eamon
    Long .... hoping !!! Break even for me is 3.4. Shocked, totally confused as to what’s going on! Well apart from the management!! Having spoke to an employee who is currently working in the suite where they are producing this in Ireland - they are under serious pressure to get enough staff to produce the quantities required by management. It’s “All guns Blazing” with no sign of a slowdown? People working night and day to try and get the suite up to speed! Orders are piling in and more staff required! This is totally against what the share price is doing!! Anyone shed any light ? I’m not pumping ! I’ve about 2500 shares and really don’t feel like selling on this God awful dip! Thinking of staying !
  • L
    Lesly
    Dont average down unless the management lets out any news that supports investors! .. otherwise whats the point?
  • a
    arthur
    if the drug is that good with a market cap of 20 million you mean to tell me they can’t find a buyer and put us out of our misery? Come on management help the shareholders for once!
  • A
    Aquaman
    I can deal with the stock going down but a reverse split is my biggest fear. RVS is where they actually steal ur shares. It's criminal to me but they get away with it.
  • O
    Occam's Razor
    This whole management team is comprised of local yocals; nepotism and low hanging fruit from the "Main Line." I thought it was a straight forward business model with a promising product; how hard could it be. I believe most who invested in this company viewed it the same way.
  • T
    Terry
    I've seen enough! I'm out tomorrow! I'd rather take a 50%-60% loss than 100% which is where this is going. This is the first stock I ever owned where it was total fraud, I will join you all in a class action lawsuit if one of the tute's file suit, but I suspect they are equally guilty so unless we have a rich investor holding the bag here willing to hire an attorney, I suspect that a lawsuit might not happen. Even if it does happen, the biggest satisfaction we might get is writing to the CEO in jail.

    Best wishes to all fellow bag holders.
  • O
    Occam's Razor
    Dear shareholders. As many of you know Baudax Bio was spun out of Recro Pharma. Both companies' stock have been decimated in recent months/weeks. Funny enough, these companies share the same address but have different phone numbers. I imagine Gerri has two phones on her desk, one for each company. Also, Recro Pharama not only shares the same address of The Malvern Consulting Group, but it also has the same exact phone number. To be clear, when you call The Malvern Consulting Group the response is "You have reached Recro Pharma..." The Malvern Consulting Group is/was purportedly Gerri's side consulting gig. Double dipping, triple dipping?
  • H
    HappyRetirement
    People lost trust in management. There is no support in SP.
  • T
    Tyler
    Coronavirus is rounding the corner. That is right into 500,000 deaths by next year.
  • o
    osbornjake5
    BXRX is still fundamentally sound from a substantive analysis standpoint. ANJESO is a strong product that will actually generate revenue. They posted their first revenue ever just last quarter and that was reported during the commercial rollout of ANJESO. Give it time. The revenue from will grow. The news wasn’t even bad, it just caused people to panic and then the rest sold out because they don’t have the stomach to hold stocks in a falling market. If you’re not emotionally prepared to see your investment lose a lot of value before it gains value, long term investing is not the move for you. This is something you have to hold on to and stop looking at. Give it 6 months, a year or even 2. They need to post some revenue to get this thing moving.
    I bought 170 shares at $3.48. No plans on selling. I won’t be buying more until the next earnings report either. Just hold.
    Bullish
  • T
    Terry
    The next hurdle will be preventing getting delisted.
  • T
    Thomas
    I am long 16,000 shares at average price of $3.85/share. Delisting is starting to be a concern if future reported sales expenses have accelerated to push Anjeso but no corresponding offset by increased sales revenue. COVID, or no COVID, I don't think the market will take it well.
  • W
    Wild Bill from Outta Town
    Engine Capital dumped ALL of their BXRX shares and most of their REPH. Arnaud Ajdler is the founded Engine Capital and he was appointed to the REPH board last year.

    https://whalewisdom.com/filer/engine-capital-management-llc#tabholdings_tab_link

    I wish I was paying attention months ago. Management should go to jail for running this into the ground!
    Detailed Profile of ENGINE CAPITAL MANAGEMENT, LP portfolio of holdings. SEC Filings include 13F quarterly reports, 13D/G events and more.
    Detailed Profile of ENGINE CAPITAL MANAGEMENT, LP portfolio of holdings. SEC Filings include 13F quarterly reports, 13D/G events and more.
    whalewisdom.com
  • H
    HappyRetirement
    Companies like Baudax Bio should be banned to be traded on public stock market. It is just univestable. Its only purpose of existence is to make sure CEO CFO get paid way above their capability deserve.
  • A
    Aquaman
    I heard that they will announce new financing. That with decent earnings will bring it back to life.