What will tomorrow bring for SRX

So it wasnt Friday , it turned out to be Thursday where i had to change my pants.

Having said that got some bargain at $10.80 with more dry powder waiting if it hits $10 or below.

Have we seen the last of crazy selling or is there more to come.

Just to put things in perspective, SRX made record sales revenue, dose sales in 1H 2017 and cash on hand is at almost 100 million dollars.

Today we are sitting at $10.75 and last time when SRX sp was at these levels back in 2013 the numbers looked abit like this

1H 2013 data:
Dose sales in 1H 2013 = 3522 units
Sales revenue in 1H 2013 = $ 46,402,000
Share price = around $10

1H 2017 data:
Dose sales in 1H 2017 = 6047 units
Sales revenue in 1H 2017 = $ 112,786,000
Share price = $10.75

As evident from the numbers the company is fundamentally much more stronger, bigger, more profitable , safer product and less toxic than every before. the decline in sp is solely due to the fact that the growth forecast hasnt met markets expectations. So when the price dropped from $30 down to $15 back in Dec 2016 , it was only and only because of the slow growth forecast so when the sp tanked to $15 , the slow growth was already factored in.

Now we have seen the another 28% drop in sp from $15 and it is not because the company is going bankrupt, nor it has debt, nor its dose sales are lower than previous years, nor its revenue is less than previous years, nor it is burning cash. It is all because of the trial of their product which hasnt met the desired result, again it is not because Sirtex product is all of a sudden less desirable against the competitor.

I am not sure what tomorrow's trade is going to bring but given all the facts and numbers, make up your mind , and invest wisely as this could be the bargain buy of a life time.