Adamis Pharmaceuticals Corp (ADMP)

[tdeck]

No, they just know after open on Monday less than 24 hours away from ER showing revenues up 100-150% fro same Q 2018


I personally feel could be 200% all depends on how the commercial launch went, it launched week and a half into the Q and the sales to hospitals etc had it up 51% per Q over 2018 but commercial sales are supposed to be 80-85% higher than institutional but only being first Q of commercial launch cannot rally expect 4X revenues on commercial side, but we will see.

PDUFA is awesome no doubt, Zimhi opioid injector will far surpass ephedrine one and we already have a partner in Novartis so will get up front payment etc, all that is good.

But, you and I both know what brings the tutes heavily (who have been adding the past 2 Q's) is revenue increases especially when they are the 100%+ variety.

So we will just have to see, it would mind blowing to get PDUFA partnership announcement, with the upfront payment etc Monday then turn around and get the blowout ER Tuesday, this could get stupid real fast, but, when do things work out that perfectly?

But Q coming premarket Tuesday and everyone knowing its gonna be great was this afternoons run IMHO, the heavy selling at close 1.2 mil shares last 30 minutes was flippers who don't hold weekends and shorty trying to stop the train and hoping for some dippage Monday AM, we shall see.

Peace out.