Seeking Alpha

Acura Pharmaceuticals soars as new article highlights catalysts

  • Acura Pharmaceuticals (ACUR +20.8%) is up sharply in morning trading.
  • Perhaps helping the cause is an article from SA contributor Natty Greene, who notes an 85% jump in the number of pharmacies selling the company's abuse-resistant pseudoephedrine tablet Nexafed.
  • "The only reason ACUR did not react significantly to last week's [news of an] 85% increase in Nexafed stocked pharmacies was because the company did not list in their PR the name of the 'large regional supermarket chain based in Florida,'" Greene speculates, adding that he believes the unnamed chain is Publix.
  • Greene also sees upside from an expected marketing push by Oxecta-partner Pfizer (PFE +0.3%).
  • Not mentioned are last month's disappointing top-line results from a study of Aversion technology in hydrocodone.
Comments (2)
  • Jbgoose
    , contributor
    Comments (1549) | Send Message
     
    The numbers reported are based on less than 100k dollars over two quarters ... the reporting methods are questionable. Be careful. Promo or re-order? Auto ship? Returned items? Sure, they can ship 1 billion boxes but that does not equate to revenue.

     

    I hold nothing in ACUR currently, followed it for years, last trade was a 70% gain a long while back. Be cautious, do look at the history, and I am looking for a real inventory report..... That will tell us what we need to know. Just because a chain approves a sku out of millions does not mean it will sell. As to Oxecta, look at the true potential to move the needle ... prove me wrong. (please)
    24 Sep 2013, 11:40 AM Reply Like
  • Hoang6
    , contributor
    Comments (305) | Send Message
     
    20.8% nice, but from a SA article? In your dream!
    24 Sep 2013, 11:41 AM Reply Like
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