Jul. 21 at 1:22 PM
$SPRY don’t listen to these fear mongers. This is buy zone. Forced selling and panic from algos (cvs deferral, ceo/cmo exit, removal from Russell 2000 defensive) just crushed the stock. The fundamentals have not changed. Hopefully the forced selling is done today and I think it is. High volume on huge down day yesterday.
Fundamentals are stronger than ever. IQVIA scripts are looking great on BBG. Big growth year on year. Huge doctor prescriber base and growing. Still have
$150MIL in untapped credit from RA.
Casale hire huge. Will eventually unlock CVS (hopefully inclusion announcement October/november). Remember, it was deferred due to bureaucratic issues including FTC challenges to payers and new legislation to PBMs as a whole. This is his speciality. Commercialization.
CSU readout later this year could largely increase the multiples.
This is buy zone. Don’t listen to those AQST idiots.
$30 Jan 2028.
