PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and supplies for dogs and cats to retail customers. It provides non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, thyroid, diabetes, pain medications, antibiotics, and other specialty medications, as well as generic substitutes. The company also sells food, beds, crates, stairs, strollers, and other pet supplies through its Website. It markets its products through Internet; telephone contact center; and direct mail/print through 1-800-PetMeds catalogs, brochures, and postcards under various brands. PetMed Express, Inc. was founded in 1996 and is headquartered in Delray Beach, Florida. O/S = 20.37 Float = 17.81M Institutional ownership = 84.00% Insider ownership = 4.26% PetMed: Exploiting America’s Opioid Epidemic - http://aureliusvalue.com/research/petmed-exploiting-americas-opioid-epidemic/ Short Sellers Attack PetMed Express d/b/a 1-800-PetMeds With False and Defamatory Report - https://finance.yahoo.com/news/short-sellers-attack-petmed-express-181444929.html PetMed Asks Google to Remove Tramadol Ads From Search Results- https://www.wsj.com/articles/petmed...ch-results-1503603884?mod=yahoo_hs&yptr=yahoo Google Bans Petmed Tramadol Ads Over ‘Marketing to Humans’ Allegations - https://finance.yahoo.com/news/google-bans-petmed-tramadol-ads-193903707.html PetMed Express D/B/A 1-800-PetMeds Releases Further Information Contradicting the Defamatory Anonymous “Report” https://finance.yahoo.com/news/petmed-express-d-b-1-130709908.html 8K - https://www.sec.gov/Archives/edgar/data/1040130/000143774917015283/pets20170825_8k.htm
Decided to create a thread for this drama stock that has also been a good play last couple days - will be interesting to see what ends up happening....
Short sellers must have been feeling a lot of pain, looking at this chart a month ago after the ER. So this drug has been getting placed on PetMed searches (cause of short sellers?), and PetMed asked Google to stop that, and Google agreed that it was wrong?
PetMed Express Focuses on Advertising, Competition Rife - "...Over the last six months, PetMed has been trading above the broader industry. Per the last trading price, the company has gained a stupendous 69.3% when compared to the 27.6% gain of the broader industry. PetMed posted better-than-expected results in the first quarter, marking a solid start to fiscal 2018. We are encouraged by the significant increase in reorder sales and new order sales in the quarter as well..." https://finance.yahoo.com/news/petmed-express-focuses-advertising-competition-135701149.html
Updating thread - ER due 10/23 before open. 9/28 - Launch Of PetSmart Pharmacy Prompts Plunge In Petmed - https://finance.yahoo.com/news/launch-petsmart-pharmacy-prompts-plunge-155510105.html 10/4 Glancy Prongay & Murray LLP Continues Investigation on Behalf of PetMed Express, Inc. Investors (PETS) - http://www.businesswire.com/news/ho...ay-Murray-LLP-Continues-Investigation-Behalf/
ER due week of Jan 22-26 last PR 1/2/18 - PetMed Rides on Solid Reorders & New Orders Amid Competition - https://finance.yahoo.com/news/petmed-rides-solid-reorders-orders-140902826.html
Coming up on resistance here, the upcoming ER could be the catalyst to push it through that resistance.
Down big again on positive ER & will hopefully move back up big again >> 8K - "...On January 22, 2018, PetMed Express, Inc. issued a press release announcing its December 31, 2017 quarter-end financial results. Additionally, PetMed Express, Inc. announced that its Board of Directors declared an increased quarterly dividend of $0.25 per share on its common stock. The dividend will be payable on February 16, 2018, to shareholders of record at the close of business on February 5, 2018..." https://www.sec.gov/Archives/edgar/data/1040130/000143774918001034/pets20180124_8k.htm
Shareholder lawsuit against PetMed Express over short seller report voluntarily dismissed - https://www.bizjournals.com/southfl...petmed-express-over.html?ana=yahoo&yptr=yahoo
