Don't they have about $40 per share already in cash which means we are actually buying this company at around $120? The forward p/e is already ridiculously low prior to doing any math too. Any thoughts here?
AMGN should explode before the dividend date which is December 7th. The shorts in this stock need to cover before that date otherwise they will be responsible for covering the dividend also.
How about CELG or GILD grabbing AMGN? Can you imagine the powerhouse that would be?
Kel..............holding all 3 of them
Useless waste of time to discuss that. AMGN is a stock you ALWAYS own. JNJ is also. Don't see the two combining but do see both continuing to grow for about a million more years.
I thought that I'd throw this out. The usual gang of morons on Cafepharma are saying that JNJ will be buying Amgen at $222/share in cash and stock. They say it will be announced by year end. Personally, I don't think that the numbers work out. Any discussion?
Go to Cafepharma Amgen Company board and you'll see the discussion. Yahoo doesn't allow posting of links even in this case.
I think GILD will get to $112 by end of week, but I was more cautious with AMGN after GILD disappoint today.
I'll keep this short and sweet...Google "PennyStock101' signup for their free newsletter and get their next trade alert. Come back and thank me tomorrow!