RE:RE:RE:RE:Notice of Cipher Pharmaceuticals Inc. Q3 2015 Conference Caltruthseeker2012 wrote: Okay tell us what is positive about CPH as of today October 22 2015?
1) Relative value. The price is about 1/3 of what it was a year ago.
2) We'll soon be trading 'next year's' (2017) earnings (though some analysts are already investing on that basis now in the 4th Q) which are expected to be in the $0.57 range (source: Thomson Reuters.)
3) CPH hit several important technical objectives (see some of my previous posts) at or around $4.80 before breaking to the upside. Since then the share price has come back to retest the break out point and has started to move up again.
I wouldn't be surprised to see CPH back up to test the top of the long-term channel (around $11) which would also fill a major gap and back-test the break down from the $10/$11 area.