Lannett Company Inc. (fka LCINQ)

[NASDAQ2020]

Seeking Alpha LCI
hhttps://seekingalpha.com/article/4488992-lannett-a-self-inflicted-crisis?mailingid=26790575&messageid=2850&serial=26790575.688&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=26790575.688ttps://seekingalpha.com/article/4488992-lannett-a-self-inflicted-crisis?mailingid=26790575&messageid=2850&serial=26790575.688&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=26790575.688

[The ELTP King]

Followed by bankruptcy.

Delisting an issue now.

[willlbone]

Delisting an issue now. Down over 85% in one year.

[The ELTP King]

Nope.

Expect news of Adderall approval within 24 hours.

[imanjen13]

Expect news of Adderall approval within 24 hours. Stock up sharply. Great entry spot.

[Jimmy Joe]

Maybe a decade or so ago $LCI was
Trading for a few dollars. The year may have been 2010. Am sure after all I have learned with naked shorting $LCI was shorted then too, as it is believed to be shorted now. Back then it rose from a $3-$4 stock to $50-$70 I believe.

My point is this, there is no guessing here. $LCI is not a typical MEME stock, however, because it has not received the attention of other severely shorted stocks it flies under the radar.

Question was posed on another board if $LCI was going belly up. Am sure naked shorts would love it if $LCI was going under, but not likely to happen.

This could turn out to be a nice squeeze play. Putting this on my watch list with some others.

Banks/HFs have overplayed many hands in the market. Margins will be calling soon.
$LCI will be in play here. Buckle up soon.
JMHO

[NASDAQ2020]

It’s all about the bees.

[IB_]

I brought up LCI with my investment club and axed if LCI would ever merge with Elite, Mad Rick said Ahhh NO CHANCE !!!!!!!!!!!!!!!!!!!!!!!!!!!!

IB_

[sharkey1]

I miss you Rice, I owe you this much, been a long time

some times people meet and some times they never forget

just wanted to let you know,

I got married, 5 years ago, had to line out rice and fill in Pilvi on the Tattoo, she doesn't get me

[Pedro2004]

"FDA-approved gout drug could show promise in fighting COVID-19"

[sharkey1]

I used to pump that idea, but not anymore, Lannets got snake bit, used to be 6 bucks, now down to 3, they don't have the money to buy out Elite, best wait for better days and blue skies.

cheers, Liverpool will take the title this year

[DNORWOOD]

Insiders are Buying. Interesting. Merger with Elite. ?????? LCI and ELTP. A match made in heaven. Cheers.

[sharkey1]

If only Nasrat could get SequestOx approved, Purdue is divesting, may want to go public, Elite would be a perfect match.

https://www.marketwatch.com/story/15-states-approve-of-oxycontin-maker-purdue-pharmas-plan-to-reorganize-01625757513?siteid=yhoof2

[sharkey1]

This is what I dream of, big pharma's buying little Pharmas, now this article dates back to 2019, before the pandemic, but they do name all the big players and what they are looking for.


https://www.investors.com/news/technology/big-pharma-pharmaceutical-companies-mergers/

another company I'm invested in just upgraded their air condition and airflow threw out the facility, and lots of upgrades to the building.

Money is getting cheaper for the big guys and they are always on the lookout to improve their bottom line, almost everybody got hurt do to the pandemic,

jmop

[NASDAQ2020]

Will LCI turn out like AMC

Investors eye most shorted stocks right now for potential AMC meltup
Jun. 02, 2021 2:54 PM ETBLNK, CLOV...By: Clark Schultz, SA News Editor22 Comments
stock market investment graph with indicator and volume data.
Photo by monsitj/iStock via Getty Images
A monster rally in some Reddit favorites has investors looking back over the list of the most heavily shorted stocks.
On the Nasdaq, stocks with a high level of short interest include Workhorse Group (WKHS +13.9%), Clover Health Investments (CLOV +9.7%), Blink Charging (BLNK +6.7%) and Arcimoto (FUV +9.6%).
On the NYSE, stocks with a high level of short interest include GEO Group (GEO +4.9%), Revlon (REV +11.5%), Lannett (LCI +5.5%), Virgin Galactic (SPCE +8.7%) and QuantumScape (QS +7.0%).
On the AMEX, both CEL-SCI Corporation (CVM +6.1%) and Senseonics Holdings (SENS -3.3%) trade with a high level of short interest outstanding.
The focus on stocks with a high short interest skyrocketed in January when the Reddit crowd helped launch a GameStop rally. There is some speculation that hedge funds are trying to frontrun some of the latest Reddit-inspired breakouts.
Meme favorites like AMC Entertainment and Bed Bath & Beyond are also seeing blistering rallies today.

[NASDAQ2020]

FDA accepts Lannett's application for generic Advair Diskus; GDUFA II goal date is January 31, 2022
Jun. 01, 2021 9:05 AM ETLannett Company, Inc. (LCI)By: Mamta Mayani, SA News Editor
Lannett Company (NYSE:LCI) perks up 3% premarket in reaction to the announcement that the FDA has accepted the Abbreviated New Drug Application (ANDA) for Fluticasone Propionate and Salmeterol inhalation powder (100/50 mcg, 250/50 mcg and 500/50 mcg), which was submitted on behalf of its strategic alliance partner, Respirent Pharmaceuticals.
The FDA assigned a Generic Drug User Fee Act of 2017 (GDUFA II) goal date for this priority original ANDA of January 31, 2022.
The company is positioned for a potential U.S. launch in calendar 2022.
The product is the generic equivalent of Advair Diskus of GlaxoSmithKline.
According to IQVIA, total U.S. sales of the product were ~$3B for the 12 months ending April 2021.
Now read: Lannett Company, Inc. (LCI) CEO Tim Crew on Q3 2021 Results - Earnings Call Transcript

[Je3232]

Could be would be and yet stocks done nothing

[NASDAQ2020]

Lannett FQ3 2021 Earnings Preview
May 04, 2021 5:35 PM ETLannett Company, Inc. (LCI)By: Aakash Babu, SA News Editor
Lannett (NYSE:LCI) is scheduled to announce FQ3 earnings results on Wednesday, May 5th, after market close.
The consensus EPS Estimate is -$0.05 (-118.5% Y/Y) and the consensus Revenue Estimate is $116.11M (-19.6% Y/Y).
Over the last 2 years, LCI has beaten EPS estimates 50% of the time and has beaten revenue estimates 88% of the time.
Over the last 3 months, EPS estimates have seen 0 upward revisions and 4 downward. Revenue estimates have seen 0 upward revisions and 5 downward.

[Sankarad1]

My question may not be particularly within context.

But why would LCI encourage any merger at this time?

I see LCI's diminishing share value during the last several years. Can it afford such mergers? In fact, why is LCI losing its value consistently all that long?

What kind of a value in terms of share price can Elite realize with this merger? I do agree LCI can realize some synergy, though.

This is the first time I am posting in this board. I used to work for a company that did some big time deals with LCI a few years back. That was the time when LCI announced a dividend of $5 per share. Now, the share price itself is less than the dividend it paid a few years back!?!?!

Thanks in advance to all who can provide some answers.

[sharkey1]

I only wish Carter the best of luck

https://finance.yahoo.com/quote/ENVB?p=ENVB&.tsrc=fin-srch-v1

Why would a man of his nature and experience, move to florida and take up with a mary jane company with 2 employees,

The sole purpose is to help people with cancer, God Bless

[NASDAQ2020]

Quiet Period.

[jour_trader]

“Proceeds along with other borrowings and cash on hand to be used for repaying its existing term loan indebtedness.”

Simply refinancing debt from one tranche to the next, nothing more.

[sharkey1]

Could be a merger offer in mind, the bean counters may see it's cheaper to merge than pay a fee for services, we don't see the numbers, could be Ir and XR are taking off, Elite makes a good product.

[NASDAQ2020]

Lannett to raise $350M in senior notes offering
Apr. 06, 2021 7:42 AM ETLannett Company, Inc. (LCI)By: Khyathi Dalal, SA News Editor
Lannett (NYSE:LCI) plans to offer $350M principal amount of senior secured notes due 2026 in a private placement.
Notes are expected to bear interest that will be payable semiannually; notes will mature in April 2026.
Proceeds along with other borrowings and cash on hand to be used for repaying its existing term loan indebtedness.
Shares trading 0.89% higher premarket
Now read: Lannett offers $350M senior secured notes due 2026

[NASDAQ2020]

PHILADELPHIA, March 10, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced that it recently received feedback from the U.S. Food and Drug Administration (FDA) regarding biosimilar insulin glargine, a product the company is co-developing with its strategic alliance partners within the HEC Group of companies (HEC). Lannett sought and received comments from the FDA related to the pivotal trial protocol and statistical analysis plan (SAP) for the development program.

LCI (NYSE) $7.14 +0.59 (+9.09%)

[jour_trader]

Getting hammered today for sure after hours. Down 20%.

[NASDAQ2020]

HammerTime !!!!!!!!1

LCI

[Je3232]

So not true. This is not Bs

[sharkey1]

https://www.yahoo.com/news/higher-blood-sugar-tied-covid-233615328.html

I see a potential merger, Nasrat just up graded the facility, they can now make up to 750 million pills a year, And the machines sit idle Most of the time, waiting for orders

[sharkey1]

At least Lannett still sells Methadone

, coauthor Joseph Friedman of the University of California, Los Angeles told Reuters. "Removing logistical and financial barriers to accessing medications like methadone and buprenorphine is especially important," he said. "Allowing pharmacies to dispense methadone and providing emergency funds to make these medications affordable could make a big difference."

From a Yahoo article today

[NASDAQ2020]

Lannett pays off remaining $42M in outstanding loans

Nov. 30, 2020 6:59 AM ETLannett Company, Inc. (LCI)By: Douglas W. House, SA News Editor2 Comments
Using cash on hand, Lannett Company (NYSE:LCI) has fully repaid the remaining outstanding balance of $42M in its Term A Loans.
CEO Tim Crew says, "Paying off our Term A Loans is an important achievement and a key step toward strengthening our balance sheet and improving our long-term financial health. This payoff will result in annual reductions of interest expense and principal payments of approximately $3 million and $27 million, respectively. At the same time, we have enhanced our financial flexibility, as the company's remaining debt is free of financial covenants."

[NASDAQ2020]

Spotlight
November 3, 2020

Lannett Launches Authorized Generic of Tirosint®

Lannett Company, Inc. (NYSE: LCI) today announced that it has commenced the launch of the authorized generic of Tirosint® (Levothyroxine Sodium Capsules USP). Lannett entered into an exclusive U.S. distribution agreement with IBSA Institut Biochimique SA, a global pharmaceutical company headquartered in Switzerland. Under the agreement, Lannett will primarily provide sales, marketing and distribution support for the product, for which it will receive a share of the profits.

Tirosint® is a registered trademark of IBSA Institut Biochimique SA.

[NASDAQ2020]

HammerTime !
LCI

[NASDAQ2020]

Lannett has everything CNS Stimulant

[dr_lowenstein]

LOL considering the source just more BS

[NASDAQ2020]

Seeking Alpha article out today. Very informative read.
https://seekingalpha.com/article/4372566-lannett-using-swot-analysis-to-assess-company

[dangerx]

How many Lannett products does Elite manufacture? Lannett is a big real global company while Elite makes generic Adderall. Is Elite a poisonous thorn that doesn’t just sting, but kills?

[dr_lowenstein]

today's trading will be interesting, if I read it correctly the guidance provided is for flat revenues. Let's see how investors react to that

[dr_lowenstein]

yes, I do

[Je3232]

I have an I see no issues.

[Je3232]

What do you base your comments on. Do you have facts

[dr_lowenstein]

Lci is fine their problem is their crappy partner elite

[dr_lowenstein]

Yes look at their financials lol

[Je3232]

I see no proof but do think that LCI is a great partner for Elite

[Je3232]

I see no proof in this statement. Do you have proof

[RizZo]

Lannett Company (LCI) Stock Climbs On Distribution Agreement

Lannett Company, Inc. (NYSE: LCI) is making a run for the top in the market this morning, even while the overall market is trading in the red. The gains come after the company announced that it has entered into an exclusive distribution agreement. Here’s what’s going on:


LCI Stock Pops On Exclusive Distribution Agreement

In the press release issued this morning, Lannett Company said that it has entered into an interim exclusive supply and distribution agreement with Cediprof. The agreement surrounds Cediprof’s FDA approved Levotheyroxine Sodium Tablets USP.

In the release, LCI said that the interim supply agreement with terminate on July 31, 2022. Following the termination of the interim agreement, the 10-year exclusive supply and distribution agreement will begin.

In the 12 months ending May 2020, the sales of the drug led to approximately $2.3 billion in revenue. This suggests that this manufacturing agreement has the potential to be an incredibly profitable one.


$$$$$$$$$$$

[NASDAQ2020]

The demand for their Adderall IR and XR
is off the hook !

[dr_lowenstein]

LOL turns out they were 3.5 donkeys, not six white horses LOL

[snupoled]

Hello couch, elite and LCI finally coming around the mountain when she comes, it's time to great her when she comes, she'll be riding six white horses when she comes around the mountain. Elite's and LCI time is upon us nas2020 was right, inflection permanent within next two Q's song Steve roselonek

[YJ4LIFE]

Looks like LCI is on the move back to $8. $LCI

Just needs more volume to move it. Go $LCI!!! $ELTP adderall IR and XR are the best thing that ever happened for Lannett IMO.