Santarus, Inc. (NASDAQ:SNTS)
CAPS Rating:
A pharmaceutical company focused on acquiring, developing and commercializing proprietary products that address the needs of patients treated by gastroenterologists or primary care physicians.
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Great cash flow. Almost no debt. Double digit royalties coming in this year in addition to potential cash payment $35mil from Merck. I'm riding this one out to $7/share
35% drop in one day. Fundamentals of the company have not changed. I look at this as an excellent buy opportunity and doubled my position.