As found in "The Bull". Go half way down the article.
Simon Hermann, wise-owl.com
http://www.thebull.com.au/premium/a/58757-18-share-tips---14-march-2016.html
This is what he said about Acrux:
"Sales in 2015 of its flagship product Axiron, a testosterone replacement therapy, missed our expectations. We believe future sales may not meet our targets. We advised to sell in 2015 and retain our advice. While ACR may present a speculative opportunity, we would want to see more encouraging data and a technical reversal of its stock before upgrading our view."
I should not be bashing this stock. I wish I could think of a counter positive argument. As @mwilson25 said: what are the management saying? Actually what are they doing? Can anyone can anything that will counter what Simon Hermann. I do not want "Simon is a complete $#@$#@$" or "Simon is an absolute genius, etc etc". He is a professional and he is entitled to promote his opinion. I just want a positive counter argument.
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Sell Recommendation by Simon Herrmann, wise-owl.com
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Last
6.0¢ |
Change
-0.005(7.69%) |
Mkt cap ! $18.31M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.0¢ | $14.00K | 226.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 28026 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.061 |
2 | 151017 | 0.060 |
2 | 40000 | 0.059 |
2 | 26241 | 0.058 |
1 | 84000 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 53934 | 3 |
0.065 | 130000 | 1 |
0.066 | 15395 | 2 |
0.067 | 154940 | 3 |
0.069 | 85000 | 1 |
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