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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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Dead-Cat Bounce
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<p>[QUOTE="anonymous, post: 6327122"]At the end of 2015 our stock was at $79.38. A month later (after the first of the multiple missteps around 5461) the stock was at $32.01. Remember when we thought that price was a DISASTER? Now we would consider that price a miracle. The Wall Street consensus on our share value now is around $24 and we are trading below that.</p><p><br /></p><p>This is what brokers call a "dead-cat bounce". Even a dead cat will bounce up a little bit if it falls from high enough. Get ready for more disasters in 2020 if we don't get a new management team who know how to market, and how to manage the FDA![/QUOTE]</p><p><br /></p>
[QUOTE="anonymous, post: 6327122"]At the end of 2015 our stock was at $79.38. A month later (after the first of the multiple missteps around 5461) the stock was at $32.01. Remember when we thought that price was a DISASTER? Now we would consider that price a miracle. The Wall Street consensus on our share value now is around $24 and we are trading below that. This is what brokers call a "dead-cat bounce". Even a dead cat will bounce up a little bit if it falls from high enough. Get ready for more disasters in 2020 if we don't get a new management team who know how to market, and how to manage the FDA![/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Alkermes
>
Dead-Cat Bounce
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Alkermes
>
Dead-Cat Bounce
>