Missing 4th QTR earnings BIG

Mark - I hope the street doesnt crucify is again Hugh at the end of the month after we report the disaster in earnings which are even worse the then 3rd QTR!
Hugh - Who cares Mark we always have a job here, we’ve lost BILLIONS and still have jobs!

Mark - Good point Hugh, want to go back to the executive offices and play scrabble or clue.
Hugh - Oh, you mean go back to the executive offices and do what we normally do? It’s gonna have to be scrabble because nobody here has a clue, especially us!

 

Our CFO will stop making stupid comments like “Mallinckrodt is in an enviable position...” during the earnings call.. that may be the only silver lining to next earnings..

 

how big is the miss going to be in Q4??

 

Big enough to take our stock to single digits

 

I’m hearing 40 to 60 million based on the reports and if you look at what’s been let loose it’s bad. Approval rates are a disaster and a lot of the managed care directors resigned so now we have no connections or contracts that we were told would be in place with Acthar!

 

expect more managed care directors to leave

 

expect everyone who has another job offer to leave

 

$17 per share! OMG what a complete disaster!!

 

BUY BUY BUY

 

Disaster is what is going to happen to stock over the next couple of months. We are heading below $10.

 

Bad Company + Terrible culture + Over priced drugs = Declining stock

 

Exactly, they are preparing for the Q4 earnings miss. But I can't wait!!
Salivating that they beat the shit out of this stock, and dog piled on this the last 2 years. There is a nice upside. Once dust settles, this will go to high 20s to mid 30s.
20+ analysts have a target low of 27 and a high of 50. Most firms have a hold rating on MNK. 98% of stock is held by large institutions. And a lot of firms have upped their holdings of MNK.
Yes, anyone who was stupid enough to buy at 130, 100, 80, 50 or even 25 thinking it was a good buy has got to be clueless.I said when it was at 45 it might go to teens, based on Acthar issues.
I wouldn't touch this until after 27th.
A few thousand shares at 10-12 bucks will a super nice return in 12-18 months.
Mark this post for next February, and see who is laughing!!!
Anyone who doesn't think the same, doesn't know anything about inside trading and market manipulation.
Who gives a shit about management, the street is all that matters.

 

there’s no sales going through you wanna be trader or analysts! Here’s a forecast, go suck your own balls Nate!

 

Oh really? Take a look at Valeant's
stock price. Nothing good will happen until this management team is gone and maybe not even then.

 

Beyond the earnings call, there are many more bad events lined up... Moody’s downgrade, competitive pressures on top 2 products, potential failure in launching pipeline products (the street has to find out someday what a load of crap we have bought)... needless to say, the declining top line issues will continue..

There may be an opportunity for upside, but risks to the downside far outweigh the upside potential..

 

$15.00 today. The big question is how far does the stock have to go down for senior management to be held accountable for this joke of a company. all shareholders are bleeding money. When is enough, enough?

 

Classic oxymoron!!

 

the board should be sued for incompetency and inaction at this point.

 

Told you so!! When Malli bought us, they thought that fathead Hugh O knew more than us. He changed everything, actually told us our operating model was broken and we had the wrong leaders in place. Remember you bought us for $6Billion. Well look what happened. HO took over and Mali lost over 90% of their value and shareholders will start coming after you. Love Karma. Here is the lesson, don't let morons come in and change everything for the sake of change. Especially HO, what an incompetent moron!