lol good one. Its like Nobear he sells off AAPL, FB and GOOG in order to buy "truckload" more MRK.
we will see how the board decides to move forward. I knew the vioxx cases would hurt merck but the new direction with Perlemutter is so out of character for merck someones head needs to roll. This company sold off a good business model with good returns that should have been developed and moved forward. I am so mad at the destruction of this fine company It make me crazy with its current state.
Another analyst just upgraded Merck from "Easy Money" to "HUMONGOUS SUPER WINNER" !!
Merck is a giant bargain anywhere under $75 and will never ever be this cheap again in the future.
MRK was heading to +35% until Kenny F went on CNBC and exposed himself for not having a clear vision for the company. Wall Street does not trust him now.
I hope your right. Either a change in management or approval of oncology drug is what is needed to get MRJ above $60. MRK will be sideways until one of these happens. Kenny F missed the board to sell Animal Health, now has less value with Zilamax issues.