It dropped due to horrible management and our sales staff stealing parts from a kit that made it to surgery without anyone knowing it was missing parts!
https://www.medtechdive.com/news/wright-medical-shares-tumble-amid-report-of-cartiva-slowdown/558132/
Isn't this the guy that told all the Arlington employees less than a year ago that he didn't care if he ever vended anything else ? That he wanted to make everything internally?
The biggest difficulty facing Wright Medical is them being held hostage by large distributorships. For example, a large distributorship which covers much of WV, MD, and PA, also carries Orthofix, Medshape, and now Exactech. If Wright were to terminate these “relationships” with distributors, they may lose a large chunk of business.
That can’t be possible. There is no way ANY Exactech distributor should be allowed into our world. That would give them access to info that they should never have.
This is why we cannot have any intelligent conversation. Idiots. The reality is that no company is perfect. If everyone would just do their job..... Bob P . He is correct. If all of the cogs work, we work! If the cogs fail, we fail. Get it?
Yea...right. Production is based on what? Forecast. Forecasts come from who...... It's going to be hard to blame the numbers for last quarter on manufacturing. What's the excuse this time? Cartiva, R&D, ? I don't think Sales & Marketing are getting a pass this time.
