Cornerstone Therapeutics Inc. (NASDAQ:CRTX)
A biopharmaceutical company focused on the development and commercialization of products designed to treat respiratory, inflammatory and critical care diseases linked to the body's inflammatory response.
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My old college dorm was voted "Most apathetic" in a student survey, so we all got T-shirts that said "Everyone says we're apathetic, but we don't care." That's pretty much how I feel about Cornerstone. I care just enough to drop a green thumb and a pitch.
Cornerstone is a good candidate for a rebound if broad market parameters improve. Revenues have been stable and the bottom line will benefit from sales of Spectracef and Factive. Impending approval of generic Tussionex may provide another boost. CAPS only, 5-10 points and out.
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Projective Target Price: $29.56
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Projective Target Price: $13.03
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If you really look indepth into this company then you would know it is poised to explode. Great forward P/E, P/S, P/Book while holding alot of cash with very little debt. 72.5% insider owned while still trading under 200M volume... Tom Gardner knows it and so should you. JUMP IN NOW!
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Looks Cheap!!!
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trades below book value - generates revenue - solid prospects
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This profitable pharmaceutical company has a simple business model with less R&D expense than most. At $5.23/share it is trading at less than half it's 52 week high and below its 200-day moving average while continuing to increase revenues and profits. Did I mention it's trading below book value? It won't be long until the pack finds this one.
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Good fundamentals in the pharmaceutical industry.
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Mmm...pharmaceuticals...
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feelin FOOLISH!
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Asthma as a health problem is increasing and CRTX has solid offerings for treatment.
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Recent gov't approval for a sustained release asthma medication. Young company partnering with older more stabilized companies to work on innovations in medicine.
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Will go up post fall season.
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They have had huge success with their asthma meds and they have some new ones in late stages of trials. This company has no where to go but up.
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They have some awesome asthma meds on the market and other stuff in the pipeline coming on board in the near future.
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Expect major revenue increases starting 2H07 due to increase of effective salesforce from 20 to 240 with Dey partnership and new reformulation of zileuton (ZyFlo CR). May see some earlier rev. uptick due to co-marketing started in Q2. New formulation is a feasible alternative advantage to Singulair, which some people are reporting, produces side effects such as depression, anxiety.
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new product or reformation of current product should be approved ..so more revenue
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