Post by
fundtrader on Oct 05, 2016 1:48am
Mark thompson and seeking alpha article..
mark thompson has lost almost all his shares with margin call.he has now less then 800k shares...the guy has lost more then 100 million $.. in one year..poor guy.. Seeking alpha article by lambda research is a bunch of bs article created by a shorter. 80% of information in that article is fabricated or distort viewer kind of information. 80% of drugs sold by amco are for less then 6. That moron expects to get these drugs for free???. Maybe he should put up the labs and make these drugs. NO ONE WANTS TO DO THIS...hence amco has a monopoly on almost 150 drugs..They will continue to make money and profits . Market cap stands at less then 250 million $... its a joke Company is worth at least 5 times that or 20$ us a share by any matrix.
Comment by
rad10 on Oct 05, 2016 7:30am
is this for real? MT hasnt lost his shares - he offloaded them within an offshore corporation for considerably more than the current market price. Fundtrader - I am long this company, but the stuff on this BB is ridiculous. MT has to go - but how do you oust the founder of the company? Concordia = MT. It might be time to walk away and revisit the company when he is done.
Comment by
fundtrader on Oct 05, 2016 8:19am
yes if it was over 20$... not at $ 4.50.. there is no meat on the bone left now...shares are too cheap. Market cap is less then 250 million $ and cash on the books + accounts recievables is almost 400 million$.
Comment by
fundtrader on Oct 05, 2016 8:35am
he has 0 control of his shares and cant buy them back till this Strategic Review is complete. I am sure they want to get this done asap so insiders cant start buying shares. I am sure some of this selling is cause of tax loss selling. Shares will have a huge rebound in dec and january...till then buy them for cheap and forget about them. I am not sure of you will ever get them this cheap again