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Not due to dilution, as we both know. ;) Share count has barely risen, no shares sold to LPC since the price has been too low.
Next.
Close to 0 dilution the past 3 years.
I feel pretty confident that's where Nasrat wants to head and where we are going. A huge opportunity in that field with our tech and a big name partner with the cash.
$1/share would be (over) a billion dollar market cap. You have to think of it in terms of market cap, not share price.
Would be nice to establish residency in Florida instead of NJ before a big sale. Just saying.
While that was a huge mistake to say that, in the past few years Nasrat has given shareholders practically 0 bones. Perhaps this is another one, perhaps not. It did come out of nowhere though.
He's referring to the chatter that a RS was imminent. Which is fake news. Nasrat is clear on when the timing would be relative to the share price.
Didn't the last Nasrat conversion shares have a price of .15? Just wondering. ;)
With yearly revenues getting close to the market cap, I'd say so.
I imagine it's going to touch the .03 LPC floor level.
At current levels though the valuation does get a bit insane.
Should put a solid floor in place for the stock at the least.
From 18 months ago.
In my experience, when anger reaches its peak, that's a good time to buy. Problem is knowing when that peak is. ;)
Good to see us hold .035 again but I'm not sure how many more times we can test it without it falling and becoming resistance. We'll see. Need a good call next month. Something. Anything.
Big difference with the share price being .09 vs below .03 though, especially with the goal of filing 3-4 ANDA's in the next year or so we need the access to $ more than ever.
Well with the share price getting awfully close to the point where the option of selling shares to LPC goes away, something better be close.
Unless Nasrat can pull a rabbit out of his hat next month, we will be able to buy them 20% cheaper before long. Plan all buys smart and don't hit the ask.
As I've mentioned in a previous post, next major pivot point is .03 which is where I'll be buying. Fairly confident with the continuation of silence we will unfortunately hit that point in the next 30-60 trading days.
Very. I'm actually shocked we are at such a low percentage and even more shocked that Nasrat is acting like they're doing a good job at market penetration. Perhaps not wanting to upset Lannett but c'mon.
The share price sucks because market penetration on our biggest products ever, the Adderall's, sucks. They are barely doing anything to be honest, or at least nothing compared to the "just" 10% market share Nasrat always mentioned about the ER version.
People think that if they can only get 1% market share, what difference does it make if they get another 2-3 "billion dollar" drugs approved? And they aren't wrong. Until they can capture more market share, the share price is only going down.
Volume dried up today, the action was yesterday. We tend to see more "games", like the bid/ask widening once volume dissipates.
If wanting to buy more wait until .03; next major pivot level and next area to hold.
I think we test the .03 level, which is the minimum price they can sell shares to LPC. It's bound to happen with no news. Nasrat, wake up.
.039 is a major pivot, not much support below that until low .03's
I keep wishing that Nasrat will finally realize the whole secrecy thing is killing the share price but I don't see him changing. No investor relations = no investors.
=/
A "huge bump" isn't happening until those ANDAs get approved and selling. A long road to go.
And again, if it worked or was worth something substantial, Nasrat would've sold it or licensed it out by now in order to buy more ANDA's.
It's worth next to $0.
Sequestox is dead dead dead. Rest assured if it wasn't Nasrat would be mentioning it every call about how it's still a possibility to take another go at it. Even he knows it's dead.
There would be no point in buying back those shares. We'd still have 800 million anyways. They need products.
Yes, summer of 2019 when things were dire. Now they're CFP and self funding trials.
Share price doesn't add up. Either tremendous value here or something weird.
There's a major pivot point at .0399 that needs to hold as support. Next support is, well, much lower.
Everyone has a different plan and should do what they feel is the right play for them. Selling at 4 cents seems like a bad idea though.
Which is why I don't expect much for 24 months. (In terms of share price upward movement)
Issue is who knows how long we'll be at this bottom for. I agree, if you don't mind holding for 2 years I think you'll make $ here however most aren't willing to do that. Realistically I think you could come back 12 months from today and the share price will still be below .06
We need some ANDA news.
No one really wants to sell at 4 cents since that's near a 10 year low. However, no one really wants to buy either since who knows when the stock will actually head North.
Tough spot.
Until they get those additional ANDA's (hopefully) approved, you are correct.
If they did it now the price would just collapse. They need to (and are) waiting until they get a few more ANDA's approved that way the share price would hold its value post RS.