Post by
sunshine7 on Jul 13, 2016 1:58pm
Getting stupider every day...
2016 Guidance at over $9CD and recent company statements are "AMCo performing to expectations" and "currency fluctuations due to Brexit have no significant mid term effect on earnings due to natural hedges in place". 2016 guidance did not include the recently acquired 4 products. 2017 forecast is for ~10% growth. OK, that one may take a hit, but still trading at under 3x(adj)eps. Why?
Comment by
fdfd12 on Jul 13, 2016 2:36pm
Sunny when this happens (stock just goes down and not where it should go), that means a BIG negative surprise will be unveiled. Either lower guidance to be announced, or some drug gouging problem etc... Let's hope not.