Amneal Pharmaceuticals, Inc. AMRX

FDA posts tentative approval of Amneal's nimodipine

No cash, and three billion in debt!!! Kinda wonder when they file bankruptcy

I’ve been following this stock for years, and am surprised they are still in business. Can anyone tell me, how they are still a going concern? They have almost no money, and almost 3 billion in debt. I’m sure there are restrictions on the notes, and at this stock price, some of those notes, could, and probably will be called in. They could be forced to file bankruptcy any day, with these current prices.

Three billion in debt, and only 27 million in cash. You wonder why it’s dropping so fast. They need to raise capital, and that will only dilute this more. No future, pure crap!!!

Debt is still way to high!! Almost 3 billion, with little earnings

Their problem is the nearly 3 billion in debt. It’s going to continue to strangle them. With rates moving up, it’s going to be a bigger problem in the future

Gonna miss, and miss big. Entire industry is in turmoil, and these guys aren’t gonna go against the downward trend. Way too much debt, with lower sales, and lower profit margin. This is a two dollar stock.

People realized that 3 billion in debt, is just too large for them to handle.

Still think that their debt is too much to overcome!!

Still curios how they plan on addressing their debt. Three billion!!! Not sure what their current interest rate is, but they could be paying a couple hundred million a year in interest.