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Bullboard - Stock Discussion Forum Cipher Pharmaceuticals Inc T.CPH

Alternate Symbol(s):  CPHRF

Cipher Pharmaceuticals Inc. is a specialty pharmaceutical company with a diversified portfolio of commercial and early to late-stage products, mainly in dermatology. The Company acquires products that fulfill unmet medical needs, manages the required clinical development and regulatory approval process, and markets those products in Canada, the United States, and South America. Its dermatology... see more

TSX:CPH - Post Discussion

Cipher Pharmaceuticals Inc > Proof of old adage. Bad news travels third class
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Post by Maxmoe on Jan 18, 2021 10:17am

Proof of old adage. Bad news travels third class

How often do I need to see this? Apparently once more eh?  Good news always leaks out into the stock price and gets released promptly. As soon as they can. Bad news is stifled until they are forced to disclose. And then drop the bomb on a Friday after the close. Ughh. Well, the privates that I believe were sniffing around cph, will now be able to buy for tax losses and the "value" of a listed shell with some cash. Assuming the goodwill on the books of $25 million is written off, it's a stretch to get to 50 cents a share in total value. If the silence continues this week, there is likely more bad news coming. If there is a shred of good news, or even potential good news, it would have been released at the same time or ASAP after the Friday bomb. Can't win them all, I'm in line to take my lumps.
Comment by Majictrader on Jan 18, 2021 1:48pm
Couldnt agree more with you. Let's see what shape it takes. I am cuttig my stakes in half. I guess this has eaten my other good trades. But its ok. You win some..you lose some...karma balances out :).
Comment by Maxmoe on Jan 18, 2021 3:33pm
Yup, took my lumps. I'm out. Bought some vxl. It's the new sell low buy high theory. Aka sell the losers, buy the winners. GLTA. Stocks don't know , or care, if you own them so don't love them or hate them. I'll keep it on my screen.
Comment by Majictrader on Jan 18, 2021 5:26pm
Agreed. Own vxl for a while now. Will take some money near the upcoming event :). Cph still have quite a bit after the cut as well, so will hold. I think there should be some clarity on marketing n all now that this episode is somewhat over. If bausch was looking to buy them out then 1.50 or 1.25 is what cph holder may get. Else we wait for good news on US sales n marketing partner. Lesson, keep ...more  
Comment by PitchinPennies on Jan 19, 2021 7:33am
Again with the pipedream of Bausch buying Cipher out at $1.50! I swear, there's a key point that's just not getting across. Cipher is a zombie company. Prior to last week, there was only one interested aquirer and that's not Bausch. It's Innovotech, which seems to be seeking a reverse takeover at a share price of 70-75 cents. Unless Innovotech has thrown up their hands at Friday ...more  
Comment by Maxmoe on Jan 19, 2021 6:31pm
I Looked like a genius yesterday when vxl went from 50 to 56 but now I'm down a cent. Bummer. Must be someone else's fault eh?these micro caps sure keep the heart pumping.  
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