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It could possibly be a very good morning. The bid is up and the ask is up also. If the 3Q EBITA comes in as good as some might think it will, this thing could shoot up like a rocket. Can't wait to see the 10Q on Monday or Tuesday. Like waiting to open a birthday present.
You never know, this one could take off like a rocket today. If the 3Q results are what they could be, we could have a lot of green here. Monday or Tuesday will tell the tale.
Does anyone know the share/CVR count on this? I can't seem to find it anywhere.
Ya, we missed that one by an inch. I sold it at .052 about an hour before the liftoff. Could have quadrupled my money if I held a little longer. I won't let that happen with APCVZ though. Hanging tough and won't let go.
All the way to the bank!
It's probably going to be tough to fill at .05 but I think you may get lucky if the mm's try to play it down. They may not be able to control it though if the buying pressure is too strong. Good luck.
The volume yesterday increased dramatically over the moving average of about 2m shares a day with a total of 35.7m shares traded. This tells me that a lot of people were interested in buying in. Is it the consensus that the targeted EBITA can or will be exceeded? They only need 417M more EBITA to hit the target and they have had a ton of FDA approvals come through the pipeline. Will those drugs being put out on the market along with their existing drug sales be enough to shove this over the target?
Help me do some math here. Let's say that the acculative adjusted EBITA for the qualifying period is actually 1.364B which would exceed the target by 100M. Then let's say that someone owns 100,000 shares (CVR'S). What would the share/CVR value be if this was the case?
Here's a little information for the newbys regarding CVR's. Your shares could be worth anywhere from "0" to a maximum of $6. when the final three year EBITA is published after 12/31/10.
CVRs
FAQs for APP Pharmaceuticals’ CVRs
CONTINGENT VALUE RIGHT (CVR)
What is a Contingent Value Right?
A CVR is a right given to shareholders that ensures they receive additional benefit should a contingent event occur or a corporate target met. A CVR is similar to an option because it has an expiration date that relates to the timing designated for the corporate target. In conjunction with the acquisition of APP by Fresenius, a CVR will be worth anywhere from $0.00 to a maximum of $6.00. Information on the corporate target is explained below.
CVR TRADING
If I have the right to a portion of a CVR, will I be able to trade this?
No, your right to a portion of a CVR cannot be traded. Instead, should the corporate targets be met, you would receive a payout for your portion of the right in 2011.
Does the CVR represent equity in APP?
CVRs do not represent equity in APP.
When will the CVRs cease trading?
The CVRs will cease trading shortly after the Company files its annual Form 10-K for 2010. The owner of the CVR on that day will be the final owner and is eligible to receive payment should the corporate financial targets of APP Pharmaceuticals be met.
CVR VALUE
How will the market value be determined for the CVRs when traded?
The value of the CVRs traded on NASDAQ will be determined by market demand.
How will the value of the CVRs be determined at the end of 2010?
The CVRs are intended to give holders an opportunity to participate in any excess Adjusted EBITDA generated by APP Pharmaceuticals, Inc. (Fresenius Kabi Pharmaceuticals Holding, Inc.) during the three years ending December 31, 2010. Each CVR represents the right to receive a pro rata portion of an amount equal to 2.5 times the amount by which cumulative Adjusted EBITDA of APP Pharmaceuticals (Fresenius Kabi Pharmaceuticals Holding, Inc.), and its subsidiaries on a consolidated basis exceed $1.267 billion for the three years ending December 31, 2010.
If Adjusted EBITDA for the three years does not exceed this threshold amount, no amounts will be paid and the CVRs will expire without value. The maximum amount payable under the CVR Indenture is $6.00 per CVR.
The cash payment on the CVRs, if any, will be determined after December 31, 2010, and will be payable June 30, 2011.
Does the adjusted EBITDA of the parent company Fresenius factor in to the value of the CVRs?
No, the Adjusted EBITDA metric is that generated by APP Pharmaceuticals (Fresenius Kabi Pharmaceuticals Holding, Inc.) during the three years ending December 31, 2010.
If it is determined that the CVRs will expire without value, would the measurement period be extended?
No, the Adjusted EBITDA metric is that generated by APP Pharmaceuticals (Fresenius Kabi Pharmaceuticals Holding, Inc.) and is only for the three years ending December 31, 2010.
We definately know that there is support at .05. Someone dumped about a million shares about fifteen minutes ago and they got eaten up like candy.
The last 10 minutes of trade will tell us what tomorrow will be like. Let's hope it starts upward movement.
I figured that this would be over .06 by now. Lunch hour lull I guess.
Wanting to climb again. Be nice to see it hold through the luch hour. If it does, that's good news.
Up, Up, and away. Let's hit .06 right now and get past it. Then we can go on to the next leg up.
You never know what could happen with this. It seems to have a lot of support at this level and Tuesday's earnings could tell the story.
Does tha mean tha I should sell when it hits .25. or should I sell at .20?
Glad to see you're in. We could possibly make up for the CPMCF right here though.
OK 799,400 according to my long green bar on my chart scree. Just rounding off.
Welcome my friend! I believe they are due out on next Tuesday according to some of the posts. I'm going to be patient and hold this one unlike CPMCF.
I wouldn't consider selling anything before the earnings come out.
Someone just gobbled up over 800,000 shares in one big bite.
Looks like the next leg up starts right now. We should hit .06 within a couple minutes and .07 by lunch.
Looks like the sellers have all sold. Volume slowed big time which is a good thing. Now we are ready for the pr to take it through the roof.
On track to beat it's all time high volume of 43M shares. Steady as she goes.
A ten bagger in the short run would be real nice. Been a while since I picked one loke this.
A little profit taking going on right now. Get ready for the next leg up. This is a bargain at this price. Bought twice today. Looking for a .08 close today and .12 tomorrow.
Amen! Got in at .048 this morning and betting we close at .08 today.
Heading north now. Let's see .06 real soon, then get up to .07 within an hour. This could be a five bagger with the right PR. It was at .47 cents a year ago and nothing but good news has come out.
Just picked up some more. I think this could run green for a few days back up to .10 real quick.
Looks like today may be it's biggest volume day ever. 43M shares traded on March 23rd. I'm going to hold my 60,000 shares for the long run.
Just got in at .048. Saw it flirting with .075 in pre-market and thought I would give it a try. I made some money on this before when it was trading at .25. Seems like a real bargain price right now with the possibilities that it has.
Don't feel bad. I jumped ship about one hour before the run. Perfect timing, eh?
Boy, does my timing suck or what. Got out at .052 this morning for a small loss and she takes off like a rocket. Don't ever listen to what I say, do just the opposite.
Looks like a lot of big buys being made at the ask. .054 shouldn't last too much longer.
I think the bandits should be taken out behind the wood shed, although, they can run the price down on a stock and provide a good buying opprotunity if you want to ride their coat tails. Hate it when they do that when you own it though.
That might be kinda tough Scotia, but more power to you if you can get them. It seems to be trading kind of tight right now.
Looks like we may be sold out here. How about an afetrnoon run to bring this back up to .065?
Good luck! I'm holding on because I sense something is going on with this one. She was holing between .15 and .20 until recently and dropped down on low volume. Could be a sleeper.
Looks like a frenzy feed going on here. Kind of all over the place like it can't figure out which way to go. I bought and sold it Friday and made a few bucks. Didn't want to hold over the weekend until I figured out which way it was going. Picked up a token 21,000 shares this morning and figured it wasn't much of a gamble. The volume has been pretty crazy the last three sessions.
Ya, this one is crazy. Love to see it do a SAEIE for me.