Now 23 cents away. Should be a good earnings this quarter.
Notice there is no talk of a generic Copaxone in the last month.
I still say FDA says no generic without Phase 1,2 and 3 testing.
Looks like someone rolled more than 2400 Jan. 2015 47.5 calls into a similar number of Jan. 2016 50 calls, for little net cash outlay or receipt. Someone betting that 1.5 yrs. at the 50 strike will be more profitable than .5 yr. at the 47.5 strike, and willing to bet 2.50 on this.
Blue oyster -- Forget past. Evaluate from today forward. I suffered these last 5 years too but KNOW TEVA, LAY OF LAND, MENTALITY, & MANAGEMENT PROS & CONS. If I were you, I's set TARGET @ $65 MINIMUM & then add in new factors as they come to light. Could easily pass $70 & hit $75 on assumption DOW doesn't reach 6,000 again though could test 9,000 with todays bombshells ahead of USA society.
Still, I'll staying with calm heart & sleeping well awaiting next split since foreign takeover not high odds because TEVA a flagship company. Forget the missiles too, the Military as high quality as TEVA, while both misunderstood be Europeans & Americans unfortunately. The movement could be on an increase in mkt mentality & a new P/E RATIO with growth pegged at 15 & 20, never know & never say never in STOCK MARKET. Wish you (us) best of luck, good investing, & happy & safe summer $55 to $70 OK+ DIV
EU fine of $20+ mill is petty cash 2 B ignored by read incesters - same category as stamps, sugar for the coffee.
Sentiment: Strong Buy
I got out 55 as I was getting nervous. I have some decent profits with an average cost basis of 44 held over 8 months. I will wait for a suitable opportunity. May be the market will correct and I will get back in -- if not Teva again, something else. Good luck to all.
I too am finally up on teva after years of frustration. For years I told myself that Im selling as soon as I break even, then I said 55 , but now I think I might wait for the 60 range as well. Teva has definitely gone through a change and the way they are looked up by investors. Also seems that the whole copaxone noise is no longer an issue