The sky lit up in Audubon, PA this weekend. One could smell the thrill of victory and not the agony of defeat. Yes fellow bloggers, Glo-bus finally went public. Maybe just maybe, once and for all, we have heard the last of our obnoxious blogger, whom we have taken an affinity too, asking our readers the proverbial question, "when will Glo-bus go public?" In retrospect it will be interesting to assess how many shares were really sold, and whether or not the Dr. Famous' of this world who invested in this company will keep on giving the gift of giving by using Glo-bus products? Whoever said there wasn't any monetary incentive in using a specific companies product if there wasn't a potential payout in the end?
It has been a long and arduous journey for David Paul. A trek that spans many continents, the travails of leaving the company that you thought once loved you under the harshest of all circumstances, a rift amongst family members, being sued, and sued, and sued, and sued, and finally arriving at that magical moment when the stars all do align themselves for that one bright shining moment. So everybody have fun tonight, everybody Wang Chung tonight. With all that capital, who knows, maybe Globus will settle with the many plaintiffs that have filed suit against the Glo-bus for allegedly violating their patents, and move on. That would be wishful thinking. Maybe David Paul will now acquire another assistant to assist his trust worthy aide, Tatoo, or maybe he will really shock us at this years NASS meeting and arrive with pomp and circumstance, that would be pretty funny. Could a Jenna Jameson spokes model be in the picture? TSB could see the new Glo-bus booth, make no mistake. A shining new sign will be up declaring that GMED is now a member of the NYSE. Maybe those that did not believe that this day would happen will be invited into the booth for some Naan, Roti, Tandoori Lamb Chops and Palak Chaat, one of TSB's all time favorites. Who knows maybe David will hire TSB to cook for him? What a better way to get to know the man, the legend, the genius as his caddie McAfee calls him. Maybe McAfee will finally become his concubine? For one thing, TSB is relieved that everyone will no longer have to listen to McAfee embarrass himself at the podium declaring that "David Paul is a genius."
It has been a long and arduous journey for David Paul. A trek that spans many continents, the travails of leaving the company that you thought once loved you under the harshest of all circumstances, a rift amongst family members, being sued, and sued, and sued, and sued, and finally arriving at that magical moment when the stars all do align themselves for that one bright shining moment. So everybody have fun tonight, everybody Wang Chung tonight. With all that capital, who knows, maybe Globus will settle with the many plaintiffs that have filed suit against the Glo-bus for allegedly violating their patents, and move on. That would be wishful thinking. Maybe David Paul will now acquire another assistant to assist his trust worthy aide, Tatoo, or maybe he will really shock us at this years NASS meeting and arrive with pomp and circumstance, that would be pretty funny. Could a Jenna Jameson spokes model be in the picture? TSB could see the new Glo-bus booth, make no mistake. A shining new sign will be up declaring that GMED is now a member of the NYSE. Maybe those that did not believe that this day would happen will be invited into the booth for some Naan, Roti, Tandoori Lamb Chops and Palak Chaat, one of TSB's all time favorites. Who knows maybe David will hire TSB to cook for him? What a better way to get to know the man, the legend, the genius as his caddie McAfee calls him. Maybe McAfee will finally become his concubine? For one thing, TSB is relieved that everyone will no longer have to listen to McAfee embarrass himself at the podium declaring that "David Paul is a genius."
In closing, it was a fun weekend for those of us who had any stock or acquired some stock in the new kid on the block. But the mystery question is, will the Glo-bus be able to sustain success or will they just become another me too company? With 12-20 new products on the horizon, depending on whose propaganda you believe, poor David must not have any time to enjoy the fruit of his success. Who knows? Was he burning the midnight oil? Probably not. In the end, after all the pomp and circumstance dies down and David takes the time to reflect on his success there will be that moment of clarity when he realizes that after all is said and done, he has become everything that he once detested about his former employer Synthes. Don't believe it? Just ask Lukianov. Congratulations to all our friends at Globus, we'll be looking to stop by the booth at NASS to interview you. As Bogie once said, "Here's looking at you kid!"
So few made so much on this deal while the rest are left to figure it out.
ReplyDeleteWhen will Penile USA go public?
ReplyDeleteSo thievery does pay off in the end... Just steal whatever IP you want and make millions! Gotta love those patent laws huh Globus?
ReplyDelete...say what you will, but because I threw my lot in with David; as of Friday I am $917k ahead, I have generously improved my 401K status over the Swiss Billionaire's 401k plan....and I no longer support his world view to take the money & give it to the Sierra club vs giving it to the employees & their families who helped make his Companies great. At least when DP's boat rises...my dingy rises too. Way to go David; you followed your dream & brought us to this new vista....and the future looks even brighter from here.
ReplyDeleteYou didn't earn that! Someone else did!
DeleteBut when can you cash that in is the question? Your $917K today may be worth $917.00 tomorrow. Facebook, Alphtec, Nuvasive all come to mind. Hopefully it doesn't come to that because this potential DS employee (haven't been signed on yet) may look at other pastures.
DeleteStay away from DS unless you're looking for a pharma paying gig.
DeleteThey will offer a big 1 year guarantee then crush you year 2.
DeleteI heard $40k and 4%.... Wow, thanks for the loyalty!
DeleteUp to 30% sales force erosion, nice work. It's no wonder why both sides are getting their a$$es handed to them. I'm sure they'll squeeze out more reps to "save" on the bottom line. Too bad they won't realize the lost sales until its too late.
Deleteat least he made your dingy rise
DeleteSo he's made 917K through thievery. Awesome! If i steal a candy bar I go to jail, but if I flip the bird to IP laws and steal others' ideas I can make 917K. I'm done thinking small ball, thievery pays!
ReplyDeleteCapitalism=Risk/Reward
ReplyDeleteSocialism=Little or No risk/Little or No Reward...Wealth Redistribution....Little Creativity
...back to basics!!!
So if you cheat, steal and lie, as long as you make money, its okay. Who knows maybe its a cultural thing? Is this what our society has deteriorated into, a grifter society? We do find new and improved ways of rationalizing our behavior. Kudos to Globus you are definitely the poster child for everything that's wrong with our industry. Now you and Nuva can beat on one another, can't wait for the first analysts call
ReplyDeleteMan....I hope this isn't coming from a sales guy, because you are all the epitome of what you are accusing Globus of here
DeleteGlobus Credo:
DeleteOf the IP thieves
By the IP thieves
For the IP thieves
Death before an honorable business model!
First:/
ReplyDeleteSo when is Lanx going public? I've got 3,000 options I'm dying to cash in
ReplyDeleteDid Globus go public?
ReplyDeleteBravo 6:10! TSB, please list any company that has not been sued, so I can figure out who you work for. Oh, and weird, odd or foul personal problems by its founders? Big deal, look at the Stryker family for 5min and most will be appalled by some of the silly stuff.......but they can run a business, or at least start one...
ReplyDeleteHaving looked thru financials for years, I can tell you all one thing. Grow up and remember that this is business. Every company I have looked into has skeletons. Every single one. News flash, they really don't matter to anyone but their competition. Wasn't Synthes involved in cover ups and potentially deaths of patients recently? JJ didn't care, bought Synthes for $20+ Billion! How many Synthes reps got a piece of that? I use this one example solely because to list every egregious act a medical company, or Good Lord, every pharma company has committed would be an effort worthy of a Phd in Statistical Economics. Get real folks, the only way for anyone to work in this, or any hyper scrutinized industry, is to remember why you do the voodoo you do. Money. Plain and simple. I am very confident, having enjoyed most of the writing style of TSB, and the fact that he spends quite a bit of time on this blog, that he would probably be much happier and equally successful, in another field. If everything is so bad, why stay? Lifestyle handcuffs?
If anyone can replicate a company, like Synthes, Stryker, or Globus .....meaning, very strong manufacturing business, good admin, strong sales and is Profitable......you can be like every other successful entrepreneur in the world. Universally, every company that does this is accused, found guilty of some fault, and recovers from it. What's the old saying? It's not how far or hard a man falls, what matters is what the man does when he stands back up. Nuvasive, Alphatec, Lanx....and several other companies out there could learn a lot from Globus.
YAWN
DeleteSorry you're so jaded dude, but many of us actually choose to do what we do because we think it's pretty cool to help docs treat patients, supply the tools that help docs treat patients, make the tools that help docs treat patients, or develop the tools that help docs treat patients. We can make a living a lot of ways, and as they go, this one's not bad.
Deletei agree, but i was referring to the industry in general.....the vast majority of reps and managers i speak to say the same thing, but show me one that does it for free. Money isnt evil any more than enjoying your job is honorable.....but more than half the posts on this blog are complaints or schoolyard pot shots focused on the corruption, theft or underhanded dealings by companies and reps. if you like it, great! if you dont, leave. the heydays of big paychecks may be coming to a close, but it is coming and the big companies profits are down.....watch the comp plans.....they arent going up!
DeleteIf you really want to help patients, refer them to a physical therapist. The only thing your implants are good for is treating tumors, fractures and deformities. Every other indication is a sham.
DeleteYou're a sham.
DeleteTruth hurts
DeleteWatch. Some poor IP management brought NUVA to it's knees. NUVA is a lot of things, but slimy thieves isn't one of them. The outright theft as the usual way of doing business for the Globus management group will one day take them down. There is always a price to pay. It's only a matter of time.
ReplyDeleteyou need to stop believing your own hype Nuva boy......$100mil fine for MDT wasnt for playing paddycake.
Deletedoubtful, nuva has paid waaay more in fines than Globus, and much less than MDT,, Syn, Stryker and JJ have over the years. fines are fines....Nuva and Alphatec.....like our government, needs to control costs better and stop spending so much.
ReplyDeleteNuva not thieves? what, exactly, was the $150mil, or so, in fines for? i am sure if you spoke to the neuromonitoring company they stole the algorithm from they would sing a different tune.
3:47 is a perfect example of your typical Globus rep. He has absolutely no clue about what he's talking about yet he can't help but to shout his prophetic nonsense from the mountain tops every chance he gets.
DeleteNuVasive did not get sued for stealing it's patented hunting algorithm. It got sued for using the trade-name "NeuroVision". Allegedly, this trade-name was already being used by a company known as "NeuroVision Medical Products". That is why NuVasive still uses the exact same monitoring equipment that it was using before the judgement was handed down. The only difference is the name. NuVasive's flagship monitoring system now goes by the trade-name "NVM5".
Not Rep for any device company, I can read. Where is the official, published statement from Nuvasive on the two lawsuits resulting in $160 mil in fines? Looking from a financial only perspective, as 2:51 stated, nobody cares about lawsuits or fines. Please enlighten us all with how Nuva, Lanx or Alphatec are doing at simply running their companies? Profit margins are dismally low and their costs are too high.
DeleteYou forgot about the Medtronic hiccup......oops.
ReplyDeleteWHY HASN'T ANYONE TALKED ABOUT THE 1-FOR-3.25 REVERSE SPLIT OF ALL COMMON SHARES OUTSTANDING BEFORE THE IPO?
ReplyDeleteI WOULD BE PRETTY PISSED IF I WAS ONE OF THOSE SURGEONS THAT HAD BEEN LURED-IN BY STOCK OPTIONS ALONG WITH THE PROMISE OF A BIG PAYDAY WHEN THE COMPANY WENT PUBLIC. FOR THOSE FOLKS, THE STOCK WAS ONLY WORTH ABOUT $3.69 AT IPO (OR $4.17 TODAY). ALL OF THE TALK ABOUT GLOBUS' SHARES BEING SUPER-DILUTED PRE-IPO MUST HAVE BEEN TRUE.
I BET DAVID PAUL'S SHARES WEREN'T AFFECTED BY THIS REVERSE SPLIT (COMMON SHARES ONLY).
This is pretty common, I think, just curious, what other companies have done pre iPod?
DeleteMost companies do this. Not surprising at all. Fox hollow had a reverse split, I am pretty sure kyphon did too.
DeleteDP wasn't hurting for cash....reverse split effects all outstanding stock.
DeleteReverse splits carry a pretty negative connotation. As was stated earlier, this comes from a dilution of outstanding shares that would result in an unfavorable IPO price. In this case specifically it was not a good move as the initial target of $16-18 wound up at $12. Don't kid yourself, GMED didn't do this because they wanted to.
DeleteI'm no financial expert, but having gone through this before, adjusting the share values is common during an IPO. This doesn't really affect anyone as the share price before the IPO was pretty much meaningless, and all shareholders should know it. It's just a way of adjusting the price of a share to be in the marketable $10-20 range.
DeleteAll that matters to the shareholders is how much of the pie (company value divided by number of shares times your shares) they own or have options for. If their section of the pie gets divided into smaller pieces (split), or consolidated into larger (reverse split), to make the price of each share more palatable to the market, that's fine.
It's only post-IPO, when shares are being traded on the open market, and a reverse split is implemented to inflate the price to keep the share price from being too cheap to be marketable, that it looks bad.
But again, I'm no financial expert and I know some are tuned in and can correct me if I'm wrong.
Perhaps Globus will do the right thing by all the people they have stolen from! This would build some good Karma.
ReplyDeleteFolks, something that everyone is overlooking is that every single person holding options has to wait 1 year from the IPO date to sell anything. All these people stating what they're worth are actually worth nothing at the moment. Check in a year from now when the waiting period has expired, Globus has missed a qtr. and the stock is at $4/ share. The SEC does have rules folks and they're designed to protect the general public from "pump & dump" schemes w/ IPOs. Just ask Mark Zuckerberg how he's feeling these days after losing roughly $9B,, YES, BILLION, since his IPO.
ReplyDeleteYes folks the SEC does have rules, you may be jumping for joy today, and jumping out of windows tomorrow.
ReplyDeleteLet me know if you need push.
DeleteGeronimo!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!SPLATTT
DeleteIf you dont think Globus can tank, take a look at BONE's IPO and two year chart...and even TSON's
ReplyDeleteSeriously? You are retarded if you are comparing those two dogs to GMI. Math is not a strong suit for reps is it?
DeleteMust agree with 6:48 you are not serious when you compare GMED to TSON
Deletehe/she is likely not comparing the quality or size of the companies but rather how start up medical IPO's can shoot high in the beginning and all to soon crash. The "size" of the company has nothing to do with it.
DeleteBacterin (BONE) is in a class of their own. I've never seen such a group of idiots. Not only do they not proofread their own spellings on their literature, but they mistakenly duplicate pictures on their brochures. The thing is that I'm not sure who is stupider...the management or the reps...
Deletetalk to Molly about those brochures
DeleteYeah, if bacterin spent as much time trying to produce something novel rather than trying to claim the word "sponge" as their own invention, they may amount to something.
DeleteHere's a poll for you - who's a bigger joke in the industry? Bacterin or Alphawreck?
Uh oh TSB, looks like you might make some more money on Globus....the stock rose again today! How's the crow tasting?
ReplyDeleteSo Globus must have stolen more IP today if the stock price went up. Great job boys!!!!!
ReplyDeleteaccording to MDT,, didnt every company steal from them? how is infuse treating you guys? i hear that Stryker is next on Synthes hit list. the Stryker cervical plate spacer combo (read Synthes zero p knockoff) actually fits in the Globus holder and is identical footprint and screw angle.
Delete5:06- You're an idiot. Us shareholders were able to sell 20% of our shares in the IPO. GFYS.
ReplyDeleteAnd if you have any sense, you did!
Delete5:39 I am guessing you had about 10,000 shares. GMED and DMAC weren't giving those away to anyone that didn't have an MD by his name. So after the 3.25 to 1 split you had about 3,000 shares. You got to sell 20%, around 600 @ $13.50 . So you made around $8100 before capital gains tax or around $5670. Wow, don't spend it all in one place.
ReplyDeleteGreat point 10:16. Laughing at 5:39,, such a tool.
ReplyDelete10:16 sounds like a former GMED rep. I'd take his word for it.
ReplyDeletereps have at least 20k before reverse split
DeleteNothing like deciding to FINALLY go public during what is traditionally the slowest qtr. of the year in the business. Surgeons seem to be taking more time off then ever before,, some 2-3 weeks at a pop, so it sure will be interesting to see how this company fairs when it's time to report its 1st qtr. of earnings to the street this fall,,
ReplyDeleteThe funniest thing about 5:39 is "Us Shareholders." I would like to see what kind of influence his 2,000 to 3,000 shares have at GMED. I am sure he is on the list to be invited to the annual stockholders meeting where he will be engaged for his ideas of how to improve operations and his ideas will be incorporated into future strategy and planning. You know it is where they give him a Fresca and tell him to write it on a piece of paper and put it in the wooden box or any other slit/hole he can find.
ReplyDeleteWho said anything about wanting influence? Oh that's right, you did. Spoken like an old used up rep from a legacy company that can't compete against a younger/hungrier GMED rep, so he turns the conversation to influence (the last bastion of a has-been/never-was). The only influence I'm interested in is what I got, Globus positively influencing my BA.
DeleteAwww the little haters have to hate. I'm snapping necks and cashing checks at the expense of your business. Ahhahahaha, got me a helluva lot more than 10k shares beeyotch. Globus Rules.
ReplyDeleteStay classy Poster Child
DeleteStay stagnant while I continue to peel away those sacred cow surgeons you never thought would switch old-timer!
DeleteSuch a big mouth on the blog. How's that "manageable" coke habit, tool? I can tell you if you act anything like you write the doc's have targeted you like an 8 yo at NAMBLA meeting. You have NO IDEA what's coming kid. Enjoy it while you can!
DeleteWhat's coming you old geezer?
Deletesnapping necks and cashing checks? More like huffing paint and licking taint. You are on crack if you think anyone from GMED not in upper echelon or choice surgeon is cashing out. Stay douchey...brah
Delete4:46....amazing
DeleteWhat's coming is a Sandusky little man. The problem is that since an, apparently young punk, like yourself will just hide behind "anonymous" you can sound like a big man and we will never know just how far you fell. I will be watching and pointing asking myself "was it that douche? Or that one?" Guess it doesn't matter because when you wake up and look in the mirror and can actually be honest with yourself you'll realize that you were just a little tool.
DeleteNow go get those sets ready for tomorrow.
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DeleteThere is a midget running around that is a Jerry Sandusky Doppelganger??? That is amazing! What are the odds? You also must be pretty talented if you have figured out how to watch, point, and ask yourself rhetorical questions, must be lonely at the convalescent home. But considering you are at the age where you lose control of your bowels, bladder, and vision, I guess any sort of motor function is probably a big win for you. Don't stroke out before you respond to this, assuming your alzheimer's hasn't completely erased this entire website from your memory.
Delete5:18, that is ridiculous. He's obviously going to go for a full rusty trombone at this stage in his career.
DeleteDon't need to repeat the past 5:18. Mr. Go-bust continues to personify his company. Let him keep representing his peers.
DeleteAnyone that says "my company rules" is a clear lemming. Companies want you thinking that and preach loyalty, but always be ready to make a move. As soon as they see an opportunity to squeeze you or "add a rep to help", get out.
ReplyDeleteI'm not a jaded rep, but I've seen too many colleagues drink the kool-aid and it turns out to be poisoned. Always have options.
You sound like a jaded rep. Losers like you come in to my office day after day selling your crappy products. Why can't one of you drones be creative ever? The Chevron at the bottom of my hill is hiring full-service attendants, sounds perfect for you.
DeleteYou guys forget the price of options. People late to the party have to pay as high as $11/share to exercise the options. So you can make $1500 for the 600 shares. 2-3 screws!
ReplyDeleteLand rush now on for the Globus 'surgeon investors' looking for a new deal. Enjoy!
ReplyDeleteAny thoughts out there on last months tissue news that RTI and Danek had another tissue scandal exposed? Taking unauthorized donors from overseas and bringing them to the U.S.
ReplyDeleteWasn't that the Blackstone MO
DeleteDo you have a link to the medtronic allegations?
DeleteHuffington post in July, human corpses - profits,, no link but its there. Mainly on RTI and I think they supply to Medtronic. (?))
Deletehttp://www.huffingtonpost.com/icij/human-corpses-profits_b_1679094.html
DeleteGlobus Medical: A true Cinderella Story. That is if Cinderella wears knock off Prada glass slippers and the pumpkin carriage is in litigation for IP infringement. Who knows they might just switch it to another gord and bypass the fines all together. In all seriousness, how many more companies out that have to go public will turn a tidy profit for the investors. My guess none.
ReplyDeleteGlobus schmobus! Let's talk about a Globus Wannabe as in those silly ass #s that Butler is passing along that came across Spine Market this am! What other private companies worth their salt broadcasts their sales +/-'s as. %'s? Anything to bring a little attention to crappy, over-engineered products only Butler would do!
ReplyDeleteOff a small base, big growth numbers are meaningless. Why would anyone want to do business with a company that is so desperately and obviously for sale?
DeleteThis is a retarded comment. Seriously. This is retarded.
DeleteAlphawreck missed earnings and lowered FY 2012 projections. Are POD sales down? This company is like a giant turd that takes a few flushes to get down.
ReplyDeletenice visual
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ReplyDeleteThis comment has been removed by a blog administrator.
DeleteToilet humor taken to new lows
ReplyDeleteGlobus' finest representatives.
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DeleteHoly crap !!! The Fun Police are deleting comments. Just when it was getting good. Seriously boys, save your money. Your customers (investors) are shopping for the next deal. We will see shortly who your real friends are. The spine industry is licking its chops, and your cutters are on the menu.
ReplyDeleteJust heard FDA begged paradigm Coflex pma. $125 million wasted
ReplyDeleteNegged
DeleteHow do you know? Is this official?
DeleteIdiot. Keep your mouth shut when you don't know.
DeleteIt's official I heard it too.
DeleteWhere can you find this statement?
DeleteEvery PMA has been lost in the rabbit hole. LDR, Nuvasive, Globus, a bunch of Medtronics', Spinal Motion, etc. I can't imagine Paradigm doing something the bigger companies with more money can't do. I would be surprised if we see a PMA approved before 2014.
ReplyDeleteIs anyone on the East Coast having power issues? We've had brown outs for the last two days.
ReplyDeleteI hope you loose power and can't get on this site anymore.
DeleteHow do you loose power? I know when you LOSE power you likely won't have access to electronics such as computer, internet, etc. Loosening power seems like a pretty advanced concept and I haven't taken enough particle physics classes to know how it works....Assuming you are not a retard that can't spell...which is doubtful
DeleteHow does ATEC go down when they announce they fired Dirk Kuyper? Shouldn't the stock rise?
ReplyDeleteGlobus is cheap!
ReplyDeleteI wanna thank globus for going public!! I now have a great stock to short! they coppied more sh#t than milli Vanilli! When they lose all the lawsuits they'll be begging for alphawreck to buy them!
ReplyDeleteJust thought I would check back and see if this site is still full of idiots. Too bad that MSM had to delete the above posts, they were probably the only responses worth reading. Anyway, a quick read through and I am convinced that this site IS still full of idiots.
ReplyDeleteYou are all inconsequential, you are all posers. Globus has a huge portfolio with some cool stuff. Every pedicle screw and rod and plate and cage is a copy at this point. Quit trying to compete on the quality of your product, trust me, your thread pitch and angulation impress nobody.
SUCK IT KOOL-AIDE DRINKERS!
Globus is way over-priced. It will follow a "facebook" typr stock slide down the road. Get out while the gett'en is good.
ReplyDeleteYou are all haters. Enjoy your business while it lasts. We will have your surgeons on 1 of our 22 projects soon........Loosers!
ReplyDeleteHe spelled "losers" wrong. That's funny.
ReplyDeleteGlobus is for sale, just like their customers. Who is gonna buy this turd? Rumors are flying around.
ReplyDeleteA wild guess: rhymes with either Biker or Simmer?
ReplyDeleteFull Disclosure - I am not a stock broker nor do own a crystal ball.
ReplyDeleteFor those that have come on the blog boasting about the financials of Globus how do you explain a P/E of 62, EPS of 0.2117 and a market cap of 1.2 billion on 350 million in sales. I thought you want a low P/E and a high EPS. To put this in perspective Zimmer has a P/E of 14.24 an EPS of 4.278 and a market cap of 10.7 billion on 4.5 billion in sales. Stryker has a P/E of 14.47 an EPS of 3.640 and a market cap of 20.2 billion on about 6.5 billion in sales. Both obviously operate primarily in the more stable total joint market where PODs aren't as prevalent and there are not 150+ companies. Go ahead and put all your money on Globus but my prediction is this stock falls and it is sold off for spare parts.
Good company with good products and a manufacturing operation/output that has no rivals. Terrible financials, get out while you can unless you know an acquisition is immenient or sales are maintaining their above industry rates. Going to be difficult with competition, PODs, declining reimbursement and surgeon volumes. Plus retarded Globus reps that thing going public suddenly validates their existence and financials. Now your playing with the big boys, get ready to take your lumps.
I wonder how many will have their jobs after they are acquired as just like you were excited to cash in so will David be to cash in twice for significantly more. Everyone has a price and most people will short themselves.
Nice post 1:23.
DeleteFacts are facts and they can't be denied(unless you're Obama). This is not good for the industry however. Charlatans and sharks make us all look bad. The dopey young reps that mouth off on here are one thing....its a blog, but the adults that pay attention to the industry are another.
Let the flogging begin.
Just to be fair... and again I am no stock broker, just a dumb device rep.
DeleteNuvasive - P/E - (Negative), EPS -1.851, Market Cap 880.7 million on around 500 million in sales.
Alphatec - P/E - (Negative), EPS -027986, Market Cap 140.7 million (89.6 million shares) on around 200 million in sales.
I have been wondering why Globus, Nuvasive and Alphatec haven't been bought (not really about Alphatec with the pod albatross) but would you buy them? You could throw a dart at the Sunday Paper list of companies and almost be guaranteed to hit a company with better financials. If you own stock in these three companies I suggest you sue the management because something tells me your not getting rich off the shares.
Alphatec needs to pull a DP and reverse split before their shares out number their market cap and they are downgraded to the Penny Stock board. But don't worry their new CEO will turn it around.
I would like to know what acquisition Alphatec is going to make and with what money.
ReplyDeleteBloGus is doomed.
ReplyDeleteDon't take it personal: all the smaller tier companies without truly game-changing products are.
Fact.
Deal.
What a joke. Of WSJ fame. Don't forget Blackstone. How much did ST D get fined becuase of this man? Talk of arrogant. Wonder what the other owners of this POD think about these websites. Is Precision/Spinal USA still under "investigation"?
ReplyDeletespinalusa.org
spinalusa.net
What a d-bag. He actually has an area on the site for comments. Maybe we should all comment on what a greedy scumbag he is and tell the truth about spinal USA. I wonder how long the site will stay up?
DeleteRomney/Ryan! Repeal Blowbamacare!
ReplyDeleteDavid Paul didn't build that!
ReplyDeleteSincerely,
B Obama
sure, he and his men stole that..
Deletedoes anyone know if the surgeon Neel Anand got any Globus shares?
ReplyDeleteand quite a few other companies. che,k out his bio.....not hiding anything.... http://www.infospine.net/physician-dr-neel-anand-md-spine-specialist-los-angeles-ca.html
DeleteOf course (150,000 stock options).
ReplyDeletehttp://www.spine.org/Pages/MedicalEducation/OnlineEducation/Online_AdvancesSurgicalTreatmentAcuteSpineTrauma.aspx
Not much though comparing to PCM.
TSB: Could a Jenna Jameson spokes model be in the picture?
ReplyDeleteHe does not call himself 'DP' for nothing.
Globus blows. Since going public they treat us reps like crap, it's a totally different company now. Run Forest Run
ReplyDelete