2016 stock price

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anonymous said:
And just like that flashback to 2016. Next stop $50 a share.
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Except we didn’t have this in 2016

https://investor.exactsciences.com/...ment-of-Convertible-Senior-Notes/default.aspx

Here is laymen’s breakdown of the deal;


1. **Background**: Exact Sciences Corp. recently made an agreement with someone who had previously lent them money by purchasing their notes.

2. **The Deal**: Exact Sciences Corp. promised to give the lender new notes, called "2030 Notes," worth $500 million. In return, the lender handed over their old notes, which were worth about $384.6 million, and also received around $138 million in cash.

3. **Details about the 2030 Notes**:

- **Maturity Date**: These new notes will be due on March 1, 2030, unless they're paid back or converted earlier.
- **Interest**: Exact Sciences Corp. will pay interest on these notes twice a year, starting from September 1, 2023, at a rate of 2% annually.
- **Conversion**: The lender can convert these notes into cash or shares of Exact Sciences Corp.'s stock, or a mix of both, under specific conditions.
- **Redemption**: Exact Sciences Corp. can't pay back these notes early, but if something significant happens, the lender can ask for their money back plus interest.
- **Conversion Rate**: When converting into shares, the lender gets a bonus, making it a good deal for them.

4. **Legal Details**: The press release also mentions the legal aspects of the deal, like who represented the parties involved and the fact that these notes and shares can't be sold without following certain rules and regulations.

In essence, it's a financial transaction where Exact Sciences Corp. exchanged old debt for new debt and cash, with specific terms and conditions outlined for both parties.

Entering into this agreement carries potential risks for Exact Sciences Corp., especially if their stock price is declining. Some of the dangers include:

1. **Increased Debt Load**: By issuing new convertible notes and paying cash, Exact Sciences Corp. is taking on more debt. If their stock price continues to decline, it may become challenging to manage this increased debt burden.

2. **Dilution of Shareholder Value**: When convertible notes are converted into shares, it can lead to dilution of existing shareholders' ownership. If the stock price is declining, the conversion may happen at a lower price, further diluting shareholder value.

3. **Pressure on Financial Performance**: The interest payments on the new notes will add to Exact Sciences Corp.'s financial obligations. If their financial performance weakens due to the declining stock price or other factors, meeting these obligations could become more difficult.

4. **Market Perception and Confidence**: Investors and the market may view the issuance of new notes and the need for cash as a sign of financial weakness or uncertainty. This could lead to further declines in the stock price and erode investor confidence.

5. **Potential Default Risk**: If Exact Sciences Corp. faces challenges in meeting their financial obligations under the agreement, it could result in default, leading to legal and financial consequences.

Overall, entering into such agreements during a declining stock price scenario requires careful consideration of the potential risks and challenges it may pose to the company's financial stability and shareholder value.

Short story, they will write books about this in business school when the company is acquired for its assets.
 
























anonymous said:
New CFO = stock in the gutter.
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If you cannot make an intelligent or informed guess, then don't. You are only continuing to establish your credibility as someone who speaks without any substance. Not a fan of this company, but their blue-colored upper management will do anything (even unethical) to keep the stock price inflated.
 












anonymous said:
If you cannot make an intelligent or informed guess, then don't. You are only continuing to establish your credibility as someone who speaks without any substance. Not a fan of this company, but their blue-colored upper management will do anything (even unethical) to keep the stock price inflated.
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The term is blue collar, not "blue colored." For someone disparaging someone else for not making what you perceive to be an "intelligent or informed guess" you may want to look a little closer to home first. *But that's none of my business*
 












anonymous said:
Let us not forget our great EC brought his boys SS and JG over in 21. Stock is now down $40 since these clowns destroyed our culture. Well done KC. Jackass drove PS out. Maybe CFO will realize how lost EC is.
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Such a whiny baby looking for attention. Real ones got a espp price of $30 and been making bank off the stock last 2 years
 












anonymous said:
Such a whiny baby looking for attention. Real ones got a espp price of $30 and been making bank off the stock last 2 years
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Bottom has fallen out after hours. Damn!!! 6% growth ain’t gonna cut it. The good old days may be over. KC better spin a web on call with analysts but he really is running out of thread. So much for turning a profit in 2024.
 




































anonymous said:
SEVENTEEN PERCENT DOWN NOW. unbelievable. IDIOTS. EC gotta go.
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Does anybody even care for this incredibly sketchy company? If they folded, at-least the fools in management won't be screwing careers of employees anymore. Seriously, how do so many bonafide idiots collect in the management tier calling themselves VPs and higher?
 












anonymous said:
SEVENTEEN PERCENT DOWN NOW. unbelievable. IDIOTS. EC gotta go.
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Brings nothing to the table but charms people. Hopefully new CFO will figure that out quick. Stock is now below the price of ECs arrival. How’s that for a turnaround specialist? Nice guy but limited in ability. We have so much extra headcount. Way too bloated.
 






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