Mallinckrodt plunges after Citron tweet

anonymous

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Nov 9 (Reuters) - Shares of Mallinckrodt Plc fell as much as 26 percent on Monday after short-seller Citron Research called the drugmaker "a far worse offender of the reimbursement system" in a tweet.

Citron also indicated that it would disclose more in a report. (http://bit.ly/1ScY0O9)

Shares of Mallinckrodt - which makes specialty drugs, medical imaging agents and generic drugs - were down 15 percent at $59.01 on the New York Stock Exchange.
 
























Agreed. MT is the worst CEO out of all the companies I have ever worked for. He couldn't possibly be more less engaging or motivational amongst the company as well. He is just collecting an enormous paycheck.

This might be one of the most epic collapses in history. But hey, I hear theres a new product being announced this week
 






This Left guy is a real scumbag. He is a convicted felon who puts out all kinds of negative stuff about companies and then shorts them for personal financial gain. It should be illegal but he somehow continues to get away with it.
 






This Left guy is a real scumbag. He is a convicted felon who puts out all kinds of negative stuff about companies and then shorts them for personal financial gain. It should be illegal but he somehow continues to get away with it.

I'm sure that is the case, but Mallinckrodts temporary stock loss yesterday really did nothing as the business is already failing. Leadership really has to be replaced on all levels from CEO and down. More resignations this week as well. Of course they won't be announced, but keep a lookout for them.
 






I'm sure that is the case, but Mallinckrodts temporary stock loss yesterday really did nothing as the business is already failing. Leadership really has to be replaced on all levels from CEO and down. More resignations this week as well. Of course they won't be announced, but keep a lookout for them.

What we need is a new product that will turn this ship right around. I hear ones being announced this week, Cant Wait
 


















Andrew Left of Citron, will be farting cum on a regular basis once the Triad get their hands on him! Get your passport ready Andrew and buckle up for that bumpy rideo_O

Until then we are the ones farting cum as We are getting ass banged everyday. Sales are down, Mallinckrodt name we are associated with is shit, and the stock I bought but can't sell is losing money by the second. Lube up ladies and gentlemen it's only going to get worse.