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anonymous

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What is the management doing to change the trajectory on the stock price?? Even Valeant seems to be performing well after the quarter results.. investors have shown some patience so far, but its high time we start seeing some changes...
 






anonymous said:
What is the management doing to change the trajectory on the stock price?? Even Valeant seems to be performing well after the quarter results.. investors have shown some patience so far, but its high time we start seeing some changes...
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What are they doing? Well, cooking the sales numbers to make the dumb investors think that alot of Acthar is being sold when it's not!
 






Hammer Time. 8 Billion in debt with operating income of 300 million rendering a potential per share price of $0.

MT sold MNK a bill of goods in himself as CEO. He cratered a sales force functioning at a very high level based almost entirely on his perception that the sales force was excessively compensated and that the commercial operations guy was not a good public speaker.

Well MT, you are an eloquent speaker and a snappy dancer; but you are also an arrogant rectum with a patholgic ego with just about zero business sense.

MNK should cut you lose for cause with a lead parachute.

Sub $40 today, $0 on its way.
 






Just an fyi for any employee now or formerly with company that was given stock as many at Qcor were, found out that we will automatically be part of the class action lawsuit related to drop in stock price. I spoke with two of the attys filing for this amd it doesnt matter if you still hold or sold or if u purchased it or it was given to u as long as u acquired during time frame in suit (jan '14 to early this yr i think). We will be notified when this happens as UBS will gave to provide all that info to attys representing plaintiffs. Some people gave up several hundred thousand in previous company stock so is only right that we are part of class action. Sleep well at night dummy MT! You remind me of that dumb CEO at Aegerion who made those idiotic comments on CNBC and got his company in much trouble and lost his job!
 












Jim Chanos slams Express Scripts and Mallinckrodt over high drug prices

(Reuters) - Noted short-seller Jim Chanos on Thursday criticized the alliance between Mallinckrodt Plc which uses the pharmacy benefits manager Express Scripts as the exclusive distributor for its drug Acthar.

Chanos, speaking at SkyBridge Capital's SALT conference in Las Vegas, called the companies' use of third parties "a really questionable practice" and dubbed the partnership a "murky alliance" as it makes drug prices excessively high.

Mallinckrodt shares hit a session low of $39.60 after the comments and were last down 3.5 percent.

The Kynikos Associates LP hedge fund manager also cited existing regulatory pressure on Express Scripts' pharmacy benefit manager practices and called for U.S. Senator Claire McCaskill to investigate. Brian Henry, spokesman for Express Scripts, said the firm found Chanos' presentation "wildly inaccurate."

The U.S. Justice Department has been investigating Mallinckrodt along with other drug companies like Gilead, Valeant and Celgene for drug pricing practices.

Earlier this year, Mallinckrodt agreed to pay $100 million to settle a lawsuit alleging that a company it acquired in 2014 engaged in anti-competitive behavior to preserve its monopoly on a $34,000-a-vial infantile spasm medicine.

The allegations, brought by the Federal Trade Commission and attorneys general from five states, centered on Acthar, which once sold for $40 a vial but is now priced at $34,000 a vial often paid for by the Medicare program. The drug brought in more than $1 billion in U.S. revenue in 2015 for Mallinckrodt, according to the legal complaint.
 






Whoever coined the term "dumpster fire" must have had MNK in mind! This is the absolute worst management team I have ever had to work for. Nobody ever called him out for it but I will now. When MT told the story of his daughters illness at the NSM I was absolutely dumbfounded! I truly am sorry that he and his daughter had to go through that, it's a deeply personal and sorrowful chapter in their lives and as a parent I can empathize. That being said it had no place being put out there in that venue! Call me what you will but to me me it just shows what a cynical self-centered narcissistic son of a bitch he is! That he would use that tragic episode in their lives at an attempt to evoke sympathy from his sales team is beyond the pale!
 






anonymous said:
Whoever coined the term "dumpster fire" must have had MNK in mind! This is the absolute worst management team I have ever had to work for. Nobody ever called him out for it but I will now. When MT told the story of his daughters illness at the NSM I was absolutely dumbfounded! I truly am sorry that he and his daughter had to go through that, it's a deeply personal and sorrowful chapter in their lives and as a parent I can empathize. That being said it had no place being put out there in that venue! Call me what you will but to me me it just shows what a cynical self-centered narcissistic son of a bitch he is! That he would use that tragic episode in their lives at an attempt to evoke sympathy from his sales team is beyond the pale!
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Not my intention to be insensitive here buti will not feel sorry for MT while he continues to make millions of $ for screwing up.
 












the truly absurd part is picturing MT, MelonHead, and the rest of the idiots sitting in a planning meeting conjuring up the game plan for the NSM. Think about it. "How can we motivate and bring together the sales team"?
 






Sold all of my vested MNK stock sometime back for a loss. Had been thinking about it for a while, but ended up pulling the trigger given our trend of hitting new lows each month. Get ready to see the stock hit low to mid $30's in the next few weeks..
 












anonymous said:
What are they doing? Well, cooking the sales numbers to make the dumb investors think that alot of Acthar is being sold when it's not!
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How bad are the Acthar sales? of late, I see so many comments on how Acthar is tanking...if that is the case, MNK must have taken big price increases to post a decent 1st quarter. Oh boy, we are in so much trouble if this is true...makes me want to join the short sellers.. what am I missing here? When will the management realize this and do something about it??
 












anonymous said:
How bad are the Acthar sales? of late, I see so many comments on how Acthar is tanking...if that is the case, MNK must have taken big price increases to post a decent 1st quarter. Oh boy, we are in so much trouble if this is true...makes me want to join the short sellers.. what am I missing here? When will the management realize this and do something about it??
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Really bad. Acthar sales were previously reported on referral base which could make it possible not to reflect actual revenue. Now we are on vial system revenue reporting which is a more accurate reflection of sales, which is way down. Sales have always been bad but now they can't hide it so much. Docs just dont want to use a very expensive drug that doesnt work, that simple.
 






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