Seeking Alpha

Spectrum Pharmaceuticals (SPPI +2.4%) racks up a gain today after the company's board approved...

Spectrum Pharmaceuticals (SPPI +2.4%) racks up a gain today after the company's board approved an increase in its stock repurchase program of up $100M, a significant boost from its previously authorized $25M.
Comments (1)
  • SPPI was way oversold yesterday and given their numbers in the filing the company looked in great financial shape and still growing. The street's expectations were very high and the punishment was severe. On 14% drop after the earnings, I picked up few shares. I think it was a bargain. It should come back up to $14-$15 handle in the next couple of weeks.
    10 Aug 2012, 12:31 PM Reply Like
DJIA (DIA) S&P 500 (SPY)