Endo Pharmaceuticals (ENDP)

tortillatree (82.50) Submitted: 7/22/2009 10:03:39 AM : Start Price: $19.25 ENDP Score: -2.13

Earnings are coming out in 9 days, and it won't look good because of all their acquisitions and research and court fees this quarter. Long term, it's still a buy, but I'm out for a few weeks. I'll get back in when things settle down.

MNNice (< 20) Submitted: 2/8/2009 9:59:56 AM : Start Price: $23.38 ENDP Score: +31.53

ENDP is being sued by Lectec corp for patent infringement of Lectec's transdermal patch technology. On Friday, Feb 6th, Lectec filed a preliminary injunction against the defendants. The motion is very strong. Lectec has two re-examined patents...no re-examined patent has ever been found invalid in a court of law. A top legal firm, Radar, and the case is being tried in Texarcana, the rocket-docket that's also very plaintiff friendly in patent infringement lawsuits. Lectec has an expert witness, Dr. Guy. Many other witnesses and documents will come to light.