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Rating to cash alone makes no sense…they have active operations that generate revenue and profits.
Sounds like you really want it to fall. What is your fundamental basis for this?
Really hoping results aren’t upsetting to market. That’s about the last thing we need here lol
When do they report earnings?
Nothing like a share price drop to bring all the bears out of hibernation. The $290 million settlement offer was in the regulatory filings back in November. Where were you posting this before the stock price dropped?
Did you snap up shares in the 1500’s? Looks like a sudden spike past that point.
Can anyone who listens to the earnings call please post notes? I’m about to be on a flight for the next few hours.
I wonder why growth slowed in Europe
I guess other positive is buyback eats more shares after this drop.
Man, why did I get the feeling it was a bad idea to chase this name….stock ran so much into earnings. I’ve never seen that work out well.
Commentary on VIC last November on this:
"
There’s a lot more back and forth in the document on whether what INDV did actually caused harm to the market, and we are by no means antitrust legal experts. However, there are couple of fact here that make us feel comfortable:
- The recent quarterly filing mentions they were offered a $290m settlement which they did not take. This leads us to believe they think they have a case where they will likely settle for much less or not incur any penalties. $290m therefore seems like the ceiling for a potential fine and that wouldn’t be completely devastating to the company. $290m is 11% of the market cap and given the fact that the stock dropped ~11% from August 23rd (the day that the summary judgement was denied) to September 1st likely indicates that a fine is now priced into the stock
- In a recent status conference for the case, the judge asked how much INDV already paid out for the DOJ settlement. The judge was apparently very impressed with how much INDV has already paid out, a great sign for the case and the amount they are likely to pay out for this. Keep in mind INDV/Reckitt have already paid out $2bn+ for a related claims
- The denial of summary judgement simply said that this case needs to go to trial to be decided and that it “in no way signals that Plantiffs will ultimately be successful on the merits of their claim”. INDV seems to have at least a decent case here on our reading. There don’t seem to be any large product hopping awards as a precedent, so this also makes us feel comfortable on the outcome
"
Not sure what to make of it. Sublocade is certainly growing fast, but not fast enough to move overall revenue growth yet...and more powerfully offset Suboxone revenue loss?
Basically flat over last whole year
Only problem is returning cash to shareholders doesn’t grow the business for a long term win, since it’s still so small. Someone correct me if I am wrong, but RockRose was a home run because AA did great acquisitions AND returned cash.
Looks like the twitter bot that calculates Kistos daily earnings is wrong if production has dropped this much?
Are these numbers good or bad?
So they said Spring 2023 on the NASDAQ. That means sometime between now and....April?
Yeah instead of saying 274,000, I thought it was saying 274,000,000 lol.
https://twitter.com/8750Capital/status/1623323235952611330?s=20&t=qZywmzM2BVJBfgzPlYklEg
See this thread. It’s about coal, but focuses on natural gas situation in Europe. The glut doesn’t seem great for Kistos…? And we are almost halfway done with winter.
AHH I see what’s going on. The twitter account is posting daily earnings. I totally thought it was annualized earnings at each day’s current prices lmao. Wow. Total fail. That explains my confusion.