anonymous
Guest
anonymous
Guest
It appears that shares are down simply because it's a large shareholder, Avista Capital Partners, that's selling a large chunk of its shares. Lantheus Holdings has about 37 million shares outstanding, so this transaction represents about 8% of the outstanding shares. Investors are likely worried that there's some unknown issue that's leading Avista Capital to sell some of its shares.
It's not rocket or nuclear science. Buy low sell high. Follow Avista's lead and probably that of LMI execs that are dumping their eligible bonus shares. Sell sell sell. Take the money and run. Buy back in once it's down again if you dare.