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Forest Laboratories Inc. Message Board

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  • chemsysus chemsysus Jan 14, 2013 2:24 PM Flag

    FRX overvalued and is ranking a 5.8...

    FRX fair value closer to $25--book value. Sales down over 30% due to Lexapro patent expiration, and profits down 90%. Nothing in the pipeline to make up for Lexapro any time soon. Recent Wall Street upgrades are smoke-screens while the Big Boys sell--IMHO. FRX earnings going down to fifty cents per year--FRX going to the low teens is likely.

    Sentiment: Strong Sell

 

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