-- Funny you say that we're more knowledgable than the overall market.
-- On Friday, I got a call from a broker at a house that has been trying to get my business for quite some time.
-- Anyway, I mentioned VVUS to her. She then launched in to a 10 minute dissertation on all the ED drugs. Incredibly knowledgable. She asked if I knew why VVUS was down? I said, "no, not really." She said it was b/c they couldn't deliver their product. Massive production problems.
-- I said, are you sure about that? And she says hold on, looks it up on Bloomberg, and says "no, okay, I thought it was non-delivery, but it looks like they're just having some 4th 1/4 problems. So I still wouldn't touch it."
-- Combine this one broker's statements to the huge amount of skepticism on the confer call, and it's easy to see why VVUS is in the dumps for no good reason.
-- However, I think any news that a 3rd line is up and running in either the old or new plant, and VVUS is a double.
Out. |
