Are they selling us to PFIZER??

anonymous

Guest
Rumours have been around for a while, company is planning to sell itself. Lots of talks going around Pfizer buying us out.... Is it good for the employees or bad or is it even something possible and of big concern in terms of losing jobs?? Please share
 












are you dumb? Pfizer has absolutely zero interest in this god forsaken ShitCo.

Pfizer's recently approved extended-release opiod: http://www.pfizer.com/news/press-re...loride_extended_release_capsules_for_approval

the appropriate time to sell this ShitCo was over a year ago. now the product portfolio faces an increasing # of competing drugs and sales have fallen off a cliff due to the ineptitude of this ShitCo's 2nd-rate salesforce. don't know what the glue-eating management and Board were doing during that time...maybe just jerking each other instead of finding a buyer before things became dire.

this is heading straight to BK within the next year. GET READY FOR CHAPTER 11 BOYS
 






are you dumb? Pfizer has absolutely zero interest in this god forsaken Sh*tCo.

Pfizer's recently approved extended-release opiod: http://www.pfizer.com/news/press-re...loride_extended_release_capsules_for_approval

the appropriate time to sell this Sh*tCo was over a year ago. now the product portfolio faces an increasing # of competing drugs and sales have fallen off a cliff due to the ineptitude of this Sh*tCo's 2nd-rate salesforce. don't know what the glue-eating management and Board were doing during that time...maybe just j*rking each other instead of finding a buyer before things became dire.

this is heading straight to BK within the next year. GET READY FOR CHAPTER 11 BOYS
 






are you dumb? Pfizer has absolutely zero interest in this god forsaken Sh*tCo.

Pfizer's recently approved extended-release opiod: http://www.pfizer.com/news/press-re...loride_extended_release_capsules_for_approval

the appropriate time to sell this Sh*tCo was over a year ago. now the product portfolio faces an increasing # of competing drugs and sales have fallen off a cliff due to the ineptitude of this Sh*tCo's 2nd-rate salesforce. don't know what the glue-eating management and Board were doing during that time...maybe just j*rking each other instead of finding a buyer before things became dire.

this is heading straight to BK within the next year. GET READY FOR CHAPTER 11 BOYS
 






You are dumb!! That thing is advisory committee approval recommendation not the FDA approval, learn to read first. I am here to know about my job situation not your investment returns STFU and let me get the right info.
 






You are dumb!! That thing is advisory committee approval recommendation not the FDA approval, learn to read first. I am here to know about my job situation not your investment returns STFU and let me get the right info.

hey Dr. Dipshit - the positive adcom vote is all but a guarantee of FDA approval. if you were involved in any way with the pharma industry, you would know this simple fact.

GTFO stocktwits r*****. here is a tip - the sales reps don't know jack shit about the status of any buyout. stop trying to extract information from these inept r*****s and use your BRAIN and conduct due-diligence to figure it out.

and FYI, anyone with an IQ>80 knows that there is ZERO CHANCE that Pfizer (let alone any company with a halfway competent management team) has any interest in acquiring this steaming pile of shit company. you fucking mouthbreathing idiot.
 






Okay we get you feel Pernix is a bad company that no other pharma company will buy. This could explain why no one has bought it yet. As it has been on the market to sell since February.
But can you tell me why you feel this way. Can you give details other than it is a pile of crap company,
 






Okay we get you feel Pernix is a bad company that no other pharma company will buy. This could explain why no one has bought it yet. As it has been on the market to sell since February.
But can you tell me why you feel this way. Can you give details other than it is a pile of crap company,

former Wall Street equity analyst here (I worked for a major investment bank covering this sector - think GS/MS/JPM).

it is telling that after 6+ months no deal has been reached (likely zero interest from prospective buyers). why, you ask? simple - the company's assets are simply not worth even close to the value of its debt (equity is worth zero, if you will). under the company's current sub-par sales force and management team, sales have fallen at a rapid pace and bankruptcy in the next 18 months appears imminent. in a bankruptcy scenario, buyer(s) will likely be able to purchase these assets for pennies on the dollar - thus there is simply no need to pay a premium for it today.

this company is a disaster - it is rare to see such incompetence, especially for a company that in recent years had a market cap of nearly $1bn - and none of these guys (management, Board of Directors, sales reps) deserve to hold a job after the mess they have created here.

Ask yourself why institutions who had purchased the stock in the $2+ range are not buying at these drastically cheaper levels ($0.40-$0.60). Very telling - the company is heading into bankruptcy, in their view. Look at the SC-13D/G filings, which indicate that institutional investors are dumping their shares after the most recent earnings disaster brought upon by incompetent management and sales reps, and are not buying. This was the last straw. The company won't be saved or bought out. It's over. Expect to see mass capitulation when the next round of 13F filings are released (institutional positions as of 6/31).

Everyone working for this company - management, Board, sales reps - should be personally ashamed in the way that they have destroyed shareholder value and their gross negligence.
 






former Wall Street equity analyst here (I worked for a major investment bank covering this sector - think GS/MS/JPM).

it is telling that after 6+ months no deal has been reached (likely zero interest from prospective buyers). why, you ask? simple - the company's assets are simply not worth even close to the value of its debt (equity is worth zero, if you will). under the company's current sub-par sales force and management team, sales have fallen at a rapid pace and bankruptcy in the next 18 months appears imminent. in a bankruptcy scenario, buyer(s) will likely be able to purchase these assets for pennies on the dollar - thus there is simply no need to pay a premium for it today.

this company is a disaster - it is rare to see such incompetence, especially for a company that in recent years had a market cap of nearly $1bn - and none of these guys (management, Board of Directors, sales reps) deserve to hold a job after the mess they have created here.

Ask yourself why institutions who had purchased the stock in the $2+ range are not buying at these drastically cheaper levels ($0.40-$0.60). Very telling - the company is heading into bankruptcy, in their view. Look at the SC-13D/G filings, which indicate that institutional investors are dumping their shares after the most recent earnings disaster brought upon by incompetent management and sales reps, and are not buying. This was the last straw. The company won't be saved or bought out. It's over. Expect to see mass capitulation when the next round of 13F filings are released (institutional positions as of 6/31).

Everyone working for this company - management, Board, sales reps - should be personally ashamed in the way that they have destroyed shareholder value and their gross negligence.



I feel horrible. I guess that I'll sit at home crying about my faults and sales flaws and pretend like I'm working.
Not...I've got money in this company, so I'm working until the end.
 






former Wall Street equity analyst here (I worked for a major investment bank covering this sector - think GS/MS/JPM).

it is telling that after 6+ months no deal has been reached (likely zero interest from prospective buyers). why, you ask? simple - the company's assets are simply not worth even close to the value of its debt (equity is worth zero, if you will). under the company's current sub-par sales force and management team, sales have fallen at a rapid pace and bankruptcy in the next 18 months appears imminent. in a bankruptcy scenario, buyer(s) will likely be able to purchase these assets for pennies on the dollar - thus there is simply no need to pay a premium for it today.

this company is a disaster - it is rare to see such incompetence, especially for a company that in recent years had a market cap of nearly $1bn - and none of these guys (management, Board of Directors, sales reps) deserve to hold a job after the mess they have created here.

Ask yourself why institutions who had purchased the stock in the $2+ range are not buying at these drastically cheaper levels ($0.40-$0.60). Very telling - the company is heading into bankruptcy, in their view. Look at the SC-13D/G filings, which indicate that institutional investors are dumping their shares after the most recent earnings disaster brought upon by incompetent management and sales reps, and are not buying. This was the last straw. The company won't be saved or bought out. It's over. Expect to see mass capitulation when the next round of 13F filings are released (institutional positions as of 6/31).

Everyone working for this company - management, Board, sales reps - should be personally ashamed in the way that they have destroyed shareholder value and their gross negligence.

He is not any analyst complete deepshit with no analyzing skills, must be someone who took a loss? They started looking for buyers less then 4 months, companies in situations like pernix is complex deal because buyers will take advantage and pay less and shareholder get hit even more, to avoid share holders litigations and smooth transaction of sale they need to protect and maximize shareholder value out of this deal, obviously they need time. Institutional investors doubled their stake knowing something is up in past 4 months plus the crazy volumes past few weeks with stock price appriciation is again something which states institutions are buying. Anyways ignore BS ...guy wont even stand to defend his point after31/6 if no institutions exit ...useless and worthless both together thats why you are former analyst at big firms.
 






Why would Pfizer waste it's time with this pos co. They have had zohydro out for over a year and have sold what a measly $25m in a market that is at least $2.5b. This is not a threat to anyone. Why waste money in it. Permit is doing a great job running itself to the ground. They rather stay away and watch it burn to the ground. Bad management, bad sales force and bad model.