IPHS—Getting your arms around such a company would be a daunting task…
It’s not as bad as it sounds, IMO. They have two kinds of products: “value added” branded phosphates and run-of-the-mill generic phosphates. Loosely speaking, the margins are similar to those for branded and generic drugs, respectively.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”