REALLY DUDE.. stock is down $10 and no news .. i understand mkt is down so everyone is getting a hit but this is too much.. hope there is no bad news..
i think it's down because today piper noted that they do not see vrtx as a buyout candidate....the buyout put about 20% premium on the stock but they don't see gilead pulling the trigger on vrtx. you are right about the lawsuit....that's a joke.
They do not even have any data or any specific item and are only on a fishing expedition. It won't surprise me if they were paid by a hedge fund so they either could cover their short position or buy shares on the cheap.
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Why thumbs down? I tell you why thumbs down. If you buy a stock at $370,000, and you wake up in the morning it is worth $1, 370,000. If you do not sell it, I will say you are stupid.
Remember, it is a common practice among officers that they sell their stock on the day they receive their options.
Look it up any other stock, you will find the same behavior.
Learn before you post.
Why the thumbs down? U don't sell if Ur gonna be acquired by gild or if u believe or orkamabi will have strong results. They present in October.