Pets - Petmed Express, Inc.

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

• 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

 

This has been a great play lately & will probably head back up to normal trading levels after the DRAMA dies off so might wanna keep on radar.

 

Support at $30 and resistance at around $42 - quite a big swing play this one?

 

^^ It's a good play and haven't had the guts to short b/c have seen it turn around real quick so playing it up is safer for me

 

Looks like it is taking a breather just now - which way will it go? Must be a good trading opportunity if you can get the timing right?

 

didn't play this one today but nice $1+ from lows

 

Good earnings report has it back in the $40's

 

That is a nice jump in the share price and it hasn't even hit the 2017 highs. Further upside in the short to medium term? Little resistance until the $50 level?

 

Slammed down again on positive ER & if the past is any indication then should head back up again too so good entry levels imo >> 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