OFIX up 20% over last 3 months?

You have to keep in mind that this is essentially a privately traded company. All the insider trading and crazy shenanigans that pissed off the SEC and DOJ were basically kept in-house. Very difficult to track it down. Bring in a new Board, new buyers, offer some deals and the management team attempts to cash out whilst they still have time. Anyone find it interesting that the bottom was falling out of the sales numbers, there were multiple lawsuits and, still, the price went up? Not that complicated. Boys will be boys and will protect their own. That's why an insider was brought back in.

A couple factors effecting the stock price. Once the DOJ investigation was over the uncertainty was lifted and that's what got institutional buyers buying again. 2nd the bad sales numbers that were bad were not as bad as Wall St expected. So companies get rewarded for the numbers not being as bad as they thought. 3rd, the revenues have somewhat stabilized creating a floor for things to start inching forward. I also assume the SEC investigation for improper booking of revenues must have went away and nothing criminal was discovered. Again lifting any uncertainty. Ofix is on a tight leash with the DOJ for 5 yrs, so I don't believe for a minute that any shenanigans are going on.
 






I also assume the SEC investigation for improper booking of revenues must have went away and nothing criminal was discovered. Again lifting any uncertainty. Ofix is on a tight leash with the DOJ for 5 yrs, so I don't believe for a minute that any shenanigans are going on.

Lol!!!!!
Thanks this made my day ha!!
 






You have to keep in mind that this is essentially a privately traded company. All the insider trading and crazy shenanigans that pissed off the SEC and DOJ were basically kept in-house. Very difficult to track it down. Bring in a new Board, new buyers, offer some deals and the management team attempts to cash out whilst they still have time. Anyone find it interesting that the bottom was falling out of the sales numbers, there were multiple lawsuits and, still, the price went up? Not that complicated. Boys will be boys and will protect their own. That's why an insider was brought back in.

Totally nailed it....
 




































big surprise.
http://www.stockhouse.com/news/pres...m-10-q-filing-and-provides-preliminary-second

meanwhile insiders trade amongst each other artificially inflating the stock of a company in a death spiral. how bout those spine sales it's all about, stoopid?

If you look at the preliminary numbers they are flat compared to last quarter. In which, I bet last Quarter get revised downward making this quarter look better. At the end of the day without any revisions the sales have stabilized. Basically flat. I've stated that all along. Lifting the uncertainty of the DOJ investigation,raising cash from the Breg sale to pay down debt and to pay their fines is what propelled the stock. And I take the SEC investigation is mute. Margins north of 70% and at preliminary numbers for 2nd Q at $101 million the profits and EBITDA are still through the roof. This is not a company losing money nor are their margins collapsing. So you have a company who survived a DOJ investigation, settled all their fines, raised a lot of cash from the Breg sale to pay down debt and fines. Sales have stabilized along with 70%plus margins and a cash machine. STOOPID
 






You have to keep in mind that this is essentially a privately traded company. All the insider trading and crazy shenanigans that pissed off the SEC and DOJ were basically kept in-house. Very difficult to track it down. Bring in a new Board, new buyers, offer some deals and the management team attempts to cash out whilst they still have time. Anyone find it interesting that the bottom was falling out of the sales numbers, there were multiple lawsuits and, still, the price went up? Not that complicated. Boys will be boys and will protect their own. That's why an insider was brought back in.

You have to keep in mind that there are more Qui Tams waiting... honestly you people have no idea what is about to go down.
 






the profits and EBITDA are still through the roof. .... and a cash machine. STOOPID

Didn't see that in the release. In the first quarter they basically broke even. Sales are down 30% from the annual record 2010. Of course that was probably grossly overstated.

Practically got shut down by the SEC and they still cant publish on time or correctly....
 






Didn't see that in the release. In the first quarter they basically broke even. Sales are down 30% from the annual record 2010. Of course that was probably grossly overstated.

Practically got shut down by the SEC and they still cant publish on time or correctly....

1st Q net income 2014 was $5.2 million. Far from break even......Yes down from previous yr 2013 of $7.2 million. So despite being 30% off of 2010 it still prints money and the net margins actually improved. Let's assume 1st Q net income was overstated by a million which would be over exaggerated. It would have still produced $4.2 mill in net income. Amortized that's $16.8 mill a year. Most companies Ofix size would kill to have that net income.
 






it was a loss after 'adjustments' of which there'll be more. those some rose-coloured glasses you got. it's hard to find those when you got investigators calling all the time pumping for dirt.....
 






Despite a delayed announcement that their might be a revision to past numbers and a delayed 2nd Q earnings report, the company stock has held up like a champ. I think Orthofix is becoming a Wall St darling despite all the naysayers who said this stock was going to single digits. Or that Medicare was going to stop paying for stim. All the hype has turned out to be just that and the stock continues to go up. Good for Orthofix......
 


















Anyone know what is in their pipeline? If you walked by their booth you would see... nothing. Trim it back, give it a spit shine and move on. You don't kill R&D and expect to add shareholder value.