RE:RE:Do not confuse stock performance with business performancePrecisely. It was never worth 100$+. It was at that price because back then, it was happily comparing itself to Valeant, something they deny now, and hedge funds were hungry for returns and drove the price to abnormally high valuations. It was an easy-debt, financial engineering boom.
select1011 wrote: .....good thought, which is why this company was never worth the SP when it was ++100. The business is getting worse, and the SP is catching up....or down.
smcapinvestor wrote: If you think the value of a business really changes by massive amounts day by day, then sell your shares. The stock is being manipulated and attacked, clearly, but the business results will guide the direction of the stock price in the long term.