I am a Pharmacist working for Priceline and our API bill is growing at a massive pace. Retail pharmacy has had their margins slashed recently which results in higher turnovers but lower profits (to the pharmacy owner) BUT for API this is perfect as they are making a % of everything being sent to pharmacy as soon as it leaves the warehouse. Higher volume --> more money for API.
I'm not sure where the bottom is and have learnt hard lessons buying the falling knife but there are definitely significant growth possibilities and I'll be looking to enter shortly as this will turn around!
Cheers,
Jase
API Price at posting:
$1.53 Sentiment: Hold Disclosure: Not Held