According to the charts, AGRX has a market cap of 5.9 million. So — if just 1000 of us put up $5900 , we could buy the company and take over? And get rid of some people and advertise correctly, change patch color to blend with skin, make advertisements like adult adds and not cartoon like, and maybe sell some of the rights to a major pharmaceutical that actually has experience at marketing.
W
Have recovered my losses by shorting it after RS. RS is never a good thing for any stock, it shows company is having negative issues. The way it drops today (-13% - -14%), this could mean below 1$ is coming, follow by another RS in about 6 month, no reason to go long.
g
BK in few days and the Board already know it, that's why management team have forgone the annual bonuses, a goofy way to dodge litigations. They are just stealing money to cover debt with Perceptive. No offering will be made, just a prepackaged Bankruptcy.
N
Why the authorities ( SEC) allows RS. It's totally against the benefits of investors and highway robary. Mostly biopharma companies doing the same thing while thier management draw high salaries and bonus. Please thumb up if you like comments so that our authorities should look into it seriously.
R
At this rate, you would think someone would come along for a takeover. The product is good, but management is horrendous. The value of the product is worth more than the value of all the stock. Takeover and get all new management and advertise correctly.
s
For 1 year i believed in this company, in their future approved product and held 100% profit. And now this, lost the entire investment. What a nice day and world to be.
R
Doesn't a buy out of the whole company by about 1000 or even 100 individual investors look easier and better all the time
P
Sorry, I'm not sure why any of you are still holding this. If you know how to read financial statements, it's burning $30/share. You read that right - negative $30 dollars! That's lower than the share price. While the company makes $4 million in revenue a year, it's burning close to $80 million dollars in expenses a year.
Oh well. Keep holding if you don't mind the cash burn.
s
What, management did not take their bonuses. This has to be a good sign they are getting serious. A little too late by some respects, but the most positive thing I have seen from a company like this in a long time.
K
ROFL ok. At this point they even hurt their longs. With this drop it makes it impossible for long to recover losses without committing more money to this company. Seeing a drop of 27% on a split day indicates they lost their longs today. This company is going down to the ground.
G
Glad I sold (again). This time at $2.60 after the split. I guess I didn't learn my lesson the first time. For all the complaining about the management, the analysts covering this stock are just as bad, or worse. 1 year Target = $100. This stock is listed as a strong buy on Yahoo. Wow.
N
What are the odd this deal prices at $1.00 or above? 25%??
J
So this is dead stock compared to where it was at 3,41 average of 1,6 with 17.500 shares… this need to be valued at 60 dollars for me to cover my loss, that will never happen… so I am out after the 5 days earning call…lost on this major..
M
If it goes down to one dollar per share, it would have about a total 3 million dollar market cap. Any thoughts on the market cap at year end?
W
Looks like the only way to recover the losses is, cut loss, get out then short it.
S
ouch! so much for a 'good' reverse split...actually never seen a positive one.
t
congratulations to agrx for dethroning bxrx as the stock with the most loss in my portfolio. It was a tall order, but it beat the 97% loss for bxrx. Td ameritrade chart shows it can go to $-15 a share. Is it possible
L
I took the L on this and sold yesterday. Basically they robbed us all. My worst investment since I started investing. Hope you all fair better than I did with this one. Good luck all. signing off on this one.
K
The biggest problem is the lack of transparency with this company. They farm their investors without feeling accountable to them. They need a better CFO than the one they have.
RS is never a good thing for any stock, it shows company is having negative issues.
The way it drops today (-13% - -14%), this could mean below 1$ is coming, follow by another RS in about 6 month, no reason to go long.
Please thumb up if you like comments so that our authorities should look into it seriously.
Oh well. Keep holding if you don't mind the cash burn.