Hey guys,
Reading the recent posts gives me a "deja vu" of the Yahoo MB .... I think we have to put into perspective the following:
1.- Its only been 4 months since Probuphine was approved and its been in the market 3 1/2 months... a pill would not have had a quicker introduction. On this point dont forget that pills get sold in monthly packets (normally) and Probu gets sold as a 6 month treatment so it would be fair to multiply every Probu pack times six..I say this for when the sales results get published so people dont go running for the corners because of the low number of sales
2.- New Tech requires time to be adopted by both users and prescribers, we are at the very beginning of a new way to treat illness and this will take time, period. How long? its anybody´s guess but the Zacks analyst did give some sales numbers that just might be right at least for the fist few quarters
3.- Have any of you checked out what the Bio tech sector is doing over the last 2 weeks??? please check it and compare it with TTNP you will see we haven´t faired better or worse.
4.- The 4th Quarter is not even half way and there are some that want to see the results upfront... well they did say 4th Q so lets be patient and come January if they have not delivered then vent all you want.
5.- A rising SP will only happen if the sales results come in and this will only happen if the right agreements are put in place with the insurers (which Braeburn has said its doing right now); if the sales & distribution partner for the Rest of the World is signed (Sunil did say they are talking to a few of those and that early 2017 should be closing time for this (if I remember correctly)
6.- Rest of products in development where kicked off seriously once Probuphine was approved and the 15Mill received so lets be patient and see how the management delivers in Q4 and Q1 as they have already said so in previous CCs
These are some of my thoughts....
So, guys, be patient or get out, please don´t mess this MB up like some already did with the Yahoo one. Don´t vent your vile here, this place is to share well documented info and even share your thoughts, positive or negative, but not the s h i t - h o le where everybody comes to throw up.
Thanks
EMA
