Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The promised inside pics are going to be missing for a long time. Soon we will see plans for the new facility that an ASU student drew with no stamp.
That is a double edged sword. Cramer is right about 60% of time but agree here. Also, with a 15% increase BV will go up to. Might still be at parity then.
Perfect storm! Did you see Brian talk about repatriation spurring M&A? That would be good for the Inv Bkg division. Fee structures are high on those for Merrill.
Brian's comments seemed to stem the fall for now. The short interest is very high still so I expect the will work hard to make money (or at least not lose it). Brian was spot on to say the headwinds are very positive along with his strong cost cutting strategy. Interest rate increases requires little extra cost to generate EBITA.
Now the $.20 valuation is odd as well. They should invite those folks back for an update. My guess is they would downgrade it drastically. Many valuations of intellectual property are subjective which must be the bulk of it given the less than penny per share revenue. Future revenue usually has probabilities assigned to it which the market is decreasing rapidly (eg current pps of $.136).
If an investor is not buying more all they can do is sit back and watch. Reality will set in soon.
Flawed math. You cannot include one time payments in valuations. Without them (because they don't repeat, hint hint) the great valuation work is flat over 2 years (.0087 rev/share in 2014 to .0089 2016, a 1.7% increase).
It also seems odd that people are including milestone pmts in valuations. They are not repetitive and shouldn't be counted.
Share your math. The market cap compared to float, revenue, margin and multiple. We would like to understand your confident pps valuation of $.20 for generics. Exacts aren't necessary.
Yep, they are dumping more shares as well. The volume is dropping so may not hold this level much longer.
Gotta love a scam with many pumpers.
Well many don't agree. You are welcome to your opinion though. Went green on a last minute $140 trade just below the ask on low volume. The pps tells the story. Buyers are near zero and volume is low. Who do you think is actually trading here?
We are close to your dime now and that is with the hope of a Sequestox approval. Actual pps is not agreeing. If investors agreed would be higher.
Fair enough. Keep in mind that $1.00 is close to a billion dollar market cap. That would assume a ton of revenue and profit margin. I do wish you luck.
It could jump to $1.00 honestly (based on history). The outstanding shares and royalty shares dampers the effect. The pipeline is heavily dependent on Sequestox approval so some consideration may be added as well. The generic manufacturing providing funding will become a moot point then. But that is my opinion only. Many others can offer logical additions to this.
That is one opinion. My opinion along with many others was it was a terrible CC. Financials are less than inspiring and don't support the current pps.
Without Sequestox this company is worth a penny at best.
They probably have an ASU student drawing them now. Will these have a company stamp? I know many local architects so will be easy to figure out fakes.
You are probably right. NH has imposed his own gag order. This doesn't inspire confidence though. That is unless he does get good news on the CRL or Sequestox. He will release those fast before they go public. As with many CEOs worth their salt they have a plan (both good and bad) and good news is always a great time to do something unpopular. But with much on this company it is speculation. No real news to guide us outside of CC which didn't improve confidence.
DB is a topic all of its own. They have touch points throughout Europe that are scary. We had talked to them years past and walked away. That would have been a nightmare for BACs balance sheet. They are smart and buy written down assets a lot though. Something you won't see many USA banks doing due to fed rules. It requires a different capital / management structure that isn't needed by the ECB.
The concept of opportunity cost is lost on die hards. Much like stop loss and profit taking. All of which are relevant to ELTP. My money is working elsewhere very well and I can buy double the share at the same cost soon of ELTP if I choose.
Italy is minor right now but Eurozone is losing its luster. Will be interesting to watch it play out. BACs exposure to Italy was managed down many years ago. They are just fundamentally unsound financially like Greece. A buddy used to manage risk for Citi over there and used to say how they were getting out as fast as they could. DB is going to be hard hit though and a potential takeover target.
True but they do have to mark to market on their books which is effectively a loss. They are forbidden to carry it at purchase levels in both GAAP and FASB. It is similar to a loss reserve and when they do sell it is removed from the reserve and taken as actual.
http://gabelli.com/Template/closed/fundperf.cfm
They use mark to market accounting in funds so they have already booked the loss. Their fund performance above isn't all that great. The health and wellness is in the tank. Overall their investment here is rounding error to them though. Most of these guys will buy bits of many companies like this hoping 1 or 2 hit. It is like an options spread for them. They don't expect all of them to do well (as evidenced by the small investment size).
True, but they will get a second chance.
They can't be happy then. So far they have lost over $230,000.
Do you make money from a falling pps and increasing revenue? I need to figure that one out. Please share your secret.
Let me assist with common sense 101
He joined pps = $.068
2 yrs ago pps = $.96
July pps = $.40
Today pps = $.14
Soon pps = $.06
If that is success then I have a bridge for sale. It will cost $.96 per share. Then you can resell it for $.14 per share today or $.06 later.
Whoopsy, gee, fos, bs, next
And none of that helped the pps. Whoopsy, gee, fos, bs, pos, next
How did the pps react?
If you are familiar with a normal distribution curve you can plot the pps on it. Soon it will be there.
Share price makes money. That is my goal. What is yours?
Vegas has better odds
How much value is that now? Market cap is decreasing.
Exactly, deliver success. No more talk without proof. And this can be done weekly (pics of mfg site, paperwork submitted, meeting dates, etc etc). Proof instead of continued nonsense and silence. The last CC was terrible.
Will be there soon. Don't worry.
Comedy. It is a share selling scam
Won't be long. Gets closer by the day.
Celebrating when you bank account shrinks? We can throw a party when it hits $.06.
You may be right. It is very surprising that he has not said anything to support their market value. There is no legal reason he can't and it hurts him more than most given his ownership position. A simple (MkyD as some call it) series of updates could stem the fall by creating confidence. No confidence = no buyers. But, if he doesn't get that the pps deserves to fall along with his personal wealth.
Continuous sell side pressure like this will drive this down quickly. I am actually surprised it has held up as well as it has but luck will run out soon. All the positive notes here won't help the pps. My sale at $.15 was a decent exit point. I might re-enter at $.06 if I see the signals change (buy/sell ratios and some simple remarks from them saying they are achieving something - with proof).
$.06 coming soon. 90% sell today is not a good omen for the next week.
The bigger question is who is buying? Feel bad for them.
How much does he have left to dump?