Did not find any such claims that there are no generics. Do you have a link? All I find are articles that back up and explain what 'fimast' posted! IF contrary to what you post I would wait until $50 and then IMHO short it. Do your own DD and make your own decisions. Good trading and just remember that bulls and bears make money but pigs get slaughtered!
Google this. There is no generic Copaxone approved
for US. Also, Europe and Netherlands already said
no to any generic. See you above 50.00 + soon.
Materially changed has been money bags have discovered tevas real potential attributes & discounted the rumor of 90% drop in copax sales, understand vast expanse of products, territories, understanding of how to operate abroad, etc etc. in bidding war, $60+ would not surprise me. Teva woke up from incompetent military rule, settled a few law suites & probably back into growth mode albeit in disastrous market environment & prognosis.
need just await offers!
good luck longs
Sentiment: Strong Buy
You sound like a pouty little girl.
If you make buy/sell/hold decisions based upon Yahoo Finance forum posts; well...
I bet you think a 10K is a breakfast cereal.
Good luck with that portfolio (you're gonna need it...)
Well, I for one would like to say congrats to all who held and either were able to get their money back or made money. I was lucky enough to be able to offset against gains when I sold, but I wish you all well. I still like Teva, but for me with the exception of a buyout or merger the story has not changed. Good luck to all and the best always!
cramer missed the recent upside for sure, but called the last 21/2 years of frustration. everyone gets lucky once in awhile. some of us averaged down with teva, falling knife scenerio, feeling the pain but not willing to sell because the value kept getting more enticing. I sold 1100 shares at $63.45 in 2010. When teva started to drop i bought more slowly until i could buy no more. it still dropped. atty was right if you could have hindsight trading. But from the bottom when he was calling sell i am up $25000. you buy a stock every day when you don't sell. I
sold 500 shares around $42 3 weeks ago because i needed the $. that was my worst recent mistake.
so what do i know. Glta
I wet my beak in Oct 2012 & bought on the dips until Sep 2013
Hooray for me!
I'm not in it for any takeover nonsense & hope Frosty doesn't shove OPKO down our throats.
I wanna see Soros engineer an elaborately structured spinoff of branded where we are issued a confusing mess of cash, shares & warrants.
I'd do my best to unravel the mess & give it a value & wait for the fire sale that ensued in the warrants.
(Just dreamin' here - not trying to start rumors...)
Agreed; I'd hate to see TEVA waste our money on that mess.
On a different note:
It seems to me that generics & branded pharma are so different that they simply must be managed using different biz models.
I think it's time to unlock some value by spinning off branded pharma.
Generics & branded could then both get their houses in order.
Generics could pursue a few acquisitions to scale up some more (scale is IMO the most important competitve advantage in generics.)
Branded could concentrate on developing novel therapies (duh...)
Can't handle the truth? Bye. Bunch of people with misdirected anger.
Downgrade to Strong Sell because this board is in denial.
Sentiment: Strong Sell
These thumbs down are crushing me:), but not nearly a badly as Teva crushed its shareholders for about FOUR to FIVE years!!!
Bullch@t. Some Might have cost averaged. But, the VAST majority here just rode it down. I DO read the Board.If one was going to stick with Teva, it had to be averaged down because it got cut almost in half. Waiting just to "get even" was ridiculously amateurish.
It turned weeks ago and I posted I was actually considering buying it, but I didn't like their growth projections. Better hope they get bought. I don't buy buyout rumor stocks. Buyout priced in. If it falls apart, so does PPS. I'm very negative on market NOW anyway. Bought a few winners lately, but very underinvested in equities and have hedges in place.I AM happy that longs got back SOME of their $$$, but Teva, on a five year annualized basis, was an awful buy and hold-period. And: "You can keep your TEVA if you like it"