So the news last night said that Trump made over $450 million on this. He did all this, while leaving everyone here, holding the bag. Master at pump and dump. Face it , he fucked every investor here.
vitamin guy
Posts (311)
Hahahahahahaha
Surfer, I disagree with your entire post. First of all, your a short, and only care if the stock goes down. Pipeline is pretty strong, Advair, & insulin should both be out within the next 24 months, with Advair within the next 12 months. Two more bronchial products, and an additional insulin product within the next 3-5 years. Not too shabby of a pipeline. Plenty of cash, with over 100 million on hand, plus a 30 million dollar tax refund coming any day. Very little chance of bankruptcy. Delisting wouldn’t be great, but the company would save quite a bit of money, by not paying the crazy fees NYSE charges. With that being said, I still have faith in LCI turning around
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.
Not only has Tim never sold any stock, Pat ( the COB) or the Farber’s haven’t either. These people are committed to seeing this through.
I don’t think it’s as bad as it looks. Not that it helps, but it’s an industry wide problem. The good news, is Lannett saw this coming, and is working on some very large products. Bio similar products are their future, and they’re only months away from possibly launching their first one.
Bottom line, they get Advair, then insulin, or it’s done. If they get the those, we will be better than hood, if they don’t, than I guess it’s over. The hood news, is they feel optimistic on those two.
They just announced the filing for insulin. Hoping to launch early 24