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Discussion in 'Biotech Startups' started by anonymous, Sep 23, 2015 at 11:19 PM.
Layoffs are coming. Good job Michael, you have reallly turned this place around.
Sad but true. Word from San Diego is they are looking to cut territories with low volume and split them.
Layoffs. End of Q1 at the latest. Run. Run.
Really!!!! OMG - San Diego office told you this? Very sad to hear.
I volunteer my territory! Give me 3 months pay and I'm out!
As you were saying? Stock is at $27 on way to toilet next to Amarin and Mankind as pharma crap. Wait to Q4 when speakers aren't getting greased to write this as a favor for the $2800 they get paid.
Appears the market feels that the ALZ data was enough to deflate the inflated bubble with pedestrian sales. The data point wasn't promising and the only reason anyone cares was that data. Wall Street likes winners and rewards them while burying losers like Acad. Let Keller and his crew keep patting themselves on the back for absolutely nothing. Let's spend 70-100m a quarter to make 35m . Cash on hand good for another year before they need to raise more cash and drive stock to the teens. I can't imagine Acad if the stock market was flat or declining. Would easily be a $9 stock if another biotech correction happens. Strong stocks and companies weather bad news while snowflakes melt.
stock down 4.5% today. Dropping below 20 soon
Who would buy this piece of shit?
No new data
No big wave of forms coming in
No dollars being spent in Q4
No bonuses to motivate sales
No reason to to be here
Don’t choke on your turkey leg
I finished 16 spots higher in Q3 but will make 45% less bonus than I did for Q2. Makes sense to me.
Over at Avanir they are laying off
half their sales force this week.
Writing on the wall. Acadia has raised billions in investor capital and has returned ZERO dollars. You suckers keep dreaming but the math doesn't add up. Again Keller and the numb nuts have no clue. Last year they sent 12 people from corporate and a 3rd party to a dual speaker national program that Keller thought was a good idea. 12 flights, hotels and meals per diem and the room was full on deadbeats that would never treat PDP. Probably spent 30k because people who never sold in the field thought it was a good idea. Multiply this times 20 cities nationally and you can see why the stock is on a death spiral. As long as FD and his clueless crew of suck asses are here we will never get out from under. I actually honk MY gets it he is just out of depth with this lightweight product.
About the same amount from Avanir jumped over here.
But Amanda’s azz tho...