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Opiant Pharmaceuticals, Inc. (OPNT)

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
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35.70+8.14 (+29.54%)
At close: 4:00PM EDT

36.03 +0.33 (0.92%)
After hours: 5:21PM EDT

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  • C
    Crystal
    Crystal
    Mandatory Narcan is coming our way and smart people will buy and hold until it is decreed from the Trump admin.
    20 m people times $100 = 2 billion in sales. Then Europe will follow America's lead. You will be sorry if you are sitting on the sidelines when this happens.
  • A
    Andy Left is broke
    Andy Left is broke
    Ipicked up 2k shares at $31.00 ..it's a nice payday for 90 minutes work. I think this is the way to play it, hit and run and don't hold overnight because it's just a matter of time before they announce a secondary and we wake up to a 50% haircut. close out your position by the ens of the day and buy tge dip the next mornung and repeat
  • C
    Crystal
    Crystal

    Here is a link to company presentation!
    https://ir.opiant.com/static-files/0126eeda-ff71-4a8d-9957-9c856f646776
    Royalties to revert back to Opiant in 2018 due to 2017 sales milestone payment from Adapt!
    Mandatory co prescribing of Narcan is estimated to be worth 2 billion in possible yearly sales!
    CEO is either a liar or he is telling the truth! I think he is telling the truth!
    Ce is either a liar or he is telling the truth

  • A
    Anonymous
    Anonymous
    If we believe the management's present value of the stock at 49 based on 6.2 MM shares outstanding ASSUMING that they will get FDA approval for the new drugs by 2021 (not certain at all), here is some fun calculations:

    6.2 MM s/o = 49 per share
    12.4 MM s/o = 24.50 per share
    24.8 MM s/o= 12.25
    49.6 MM s/o= 6.125

    No one knows where this stock will be next week, month or year but if the management keeps giving themselves options or issue more shares to raise money then the fun calculations above may not be very funny! In my opinion the management may be hyping the stock. Do your own DD.
  • A
    Andy Left is broke
    Andy Left is broke
    Note to mgmt. ..Todays PR release will do nothing to calm investor nerves, in fact it does the opposite. Instead of calling a reputable financial news organisation for a Q & A, you throw together a superficial PR piece and send it out on Global Newswire? It's an obvious attempt to stop the bleeding by trying to manipulate uneducated investors. What's even more troubling us the fact that you have not and will not address the elephant un the room...the obvious plan you have for a secondary offering. By now it should be obvious to you that we shareholders are not as dumb as you believe we are. Please address our concerns and stop acting like the slimy phennystock insiders that you actually are. You are about to destroy shareholder value for your benefit and you owe it to investors to be honest. fyi , i sold 90% of ny holdings this morning, your pr made me pull the trigger.
  • A
    Anonymous
    Anonymous
    The 5 day chart is very interesting as it looks like a perfect "stairs" formation, there seems to be a decent probability that another "step" down will form within the next few trading days. IMHO, do your own DD.
  • S
    Shareholder
    Shareholder
    Sold all my shares since management is greedy and wants to screw the present shareholders. Once a management team is found to be manupulating the stock for their self gain, that mindset is there and will not change till new management is bought on line! Product is good, just management wants to get wealthy on everyone else's dime!
  • R
    Rick
    Rick
    i do not post however if you all read the 10q you will find theydid not raise their shares to 200mil but instead reduced their treasury shares from 1 billion down to 200mil shares fact so lets be straight on that so that these so call shorters stop their bs, furthermore their was the step down of the old CFO for a more weathered and season CFO of listed cos. with proven track record on board now with the old CFO surrendering 500k options.. and the preferred stock was not voted in by proxy so those shares are gone from dilution
  • A
    Annelle
    Annelle
    Imagegypsyastronaut
  • A
    Andy Left is broke
    Andy Left is broke
    the good news, the bad news and the good news. It looks like the share price is leveling off around 25.00 . If it can remain around this level for a while, the company will probably attempt to sell 2 million shares around $20.00 per in a secondary offering. Our pps would drop immediately to $20 and probably even into the high teens. However, once the secondary is completed, optn is funded and the uncertainty is out of the way, the stock price should strengthen unless they follow it up with more shady moves. Im looking for $17.00-18.00 to place a 7k share buy order..imo
  • A
    Andy Left is broke
    Andy Left is broke
    as far as the claim that the new CFO is "better" than the one that resigned, our new CFO guided Soleno Therapeutics stock from $7.00 down to .57 cents over 2 years. The one thing he was good at was diluting shares and raising money. Even OPNT pr release touts his money raising skills. I was going to ride this out but i have decided to sell my entire position. glta
  • b
    betasplen
    betasplen
    Wow! I owned 2K shares at $10 a while back and sold for a little loss as this was going nowhere though it's products were desperately needed. I did figure a $50 stock price given the DD at that time. It actually hit that number - amazing. I guess the dilution fear is bringing it back down. If it gets close to $10 (not sure if it will go that low) - I will definitely consider getting back.
  • A
    Anonymous
    Anonymous
    I missed buying OPNT at around 17, because I was concerned about their agreement with their initial investors but everything else seemed to be in line for a high potential stock but the deal with their investors prevented me from pulling the trigger. Of course I was not happy when it shot up to 50+ very quickly. When a few days ago I read on this message board about the potential dilution to 200MM shares I didn't feel too bad about missing the run up. If it is true that the company is authorized(or wants to be) then I will not touch this stock as a long term investment. If the management wants to use the stock as a way to print money for themselves then it will be hard to justify investing even a dime in the stock in my opinion. Even at 5 per share and even in they issue 100MM shares in the long term that could mean 500 MM market cap for the company sometimes in the future which means that they must have quite a bit of sales and earnings to justify that kind of capitalization, IMHO, do your own DD.
  • k
    kmq540
    kmq540
    I think these guys should entitle to be in jail, not more shares !!!
  • j
    jim
    jim
    The global news wire information that OPNT put out is old news. WTHeck are they thinking
  • A
    Andy Left is broke
    Andy Left is broke
    over 50% drop in less than 2 trading days and not a word from the company? This usually means they can't calm peoples nerves because the drop is warranted. If they made an announcement that there is no reason for the drop and then they later announce the secondary offering and the price drops, the lawyers will pounce on them. As far as some people saying the insiders wouldn't do anything to hurt stock price because it effects them too...would you rather have 50k shares of a 50.00 stock or 2 million shares of a $6.00 stock?
  • R
    Real Larry
    Real Larry
    Proposal No. 4 — Approval of the amendment of the Articles of Incorporation to authorize 10,000,000 shares of preferred stock

    The vote with respect to the approval of the authorization the Board, in its discretion, to amend the Articles of Incorporation to authorize the Company to issue up to 10,000,000 shares of preferred stock, $0.001 par value per share, of the Company, in series as determined by the Board, with such rights, privileges, preferences and limitations as the Board may, in its sole discretion, determine, was as follows:
  • A
    Andy Left is broke
    Andy Left is broke
    only one reason for authorizing 200 million shares....they plan on issuing tons of options to themselves and insiders. This is the sort of shady dealings that keep funds away. Not even a month from uplisting and they already have their hands in the cookie jar
  • S
    Shareholder
    Shareholder
    Looks like a lawsuit against the board is warranted based on the Hugh drop in the stock price by those whobough in the high price range! Notice was not given of the preferred shares!
  • Z
    Zenilson
    Zenilson
    OPTN UPDATE - $25M SALES