Knight Therapeutics Inc T.GUD

Novak ...

[MrMugsy]

Raymond James analyst David Novak is firmly behind Knight Therapeutics, giving the company an “Outperform 2” rating in an update to clients on September 24.
...

Looking at the announced deal, Novak wrote in his report, “While not immediately accretive to Knight, the transaction is a return to form for Knight, doing what it does best: leveraging its infrastructure to in-license therapeutics for underserved jurisdictions, with significant forward-looking revenue potential, while putting minimal shareholder capital at risk.”
...

Novak projects continued modest growth for the company from a financial standpoint, forecasting revenue of $243 million in 2021 for a potential year-over-year increase of 21.5 per cent, followed by another jump to a projected $289 million for 2022, marking a potential year-over-year increase of 18.9 per cent.

https://www.cantechletter.com/2021/09/knight-therapeutics-strengthens-its-portfolio-raymond-james-says/

[Chianchin]

and share holders took advantage to sell on this guy report  who has being  wrong for eight Years 

[MrMugsy]

I don't think he's been wrong. I think the word you're looking for is "patient." 7 years in November - kindly work on the details ... they are important. : )

[porksniffer]

This turd is still churning on volume. Shareholders dumping with every bounce. Big holders want out. Mr. Bugs still thinks the 'old' JRG believers are still here. Big instutions are long gone, replaced by others who then also dump when they realize this is going nowhere. I got a good chuckle at #27 fastest growing company. Nearly 1 billion spent 'buying' growth in third world

[MrMugsy]

Unfortunately every word is "opinion without  a trace or reality" but it's fun to see you guess wrong. - those testing the waters and have been trying it over the past few years are the ones in/out.  They are providing the downward pressure but that's expected for a while - no evidence of big holders wanting out ... as big holders are the ones involved in annual AGM