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Eli Lilly and Company Message Board

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  • jimturner54321 jimturner54321 Jan 23, 2013 2:07 PM Flag

    Why the sharp drop today?

    They settled back on Jan. 9, 2013

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    • Good pick-up on BMY, jim. Thank you, do you happen to have a link?

      I don't own BMY, so I can't say I follow it much, though I'm mildly aware of DES as causing rather specific kinds of vaginal tumors.

      My point with BMY making it too, was it creates confusion. The lawyers will ask, "Which DES did your (deceased) mother get 30, 40, 50 years ago?" followed by, "Can you document that?" As always, they'll also claim their product has no "causal" link to cancer with a straight face.

      I think a lot of older people in the market think Thalidomide when they see stuff like this and panic. Noise. Thalidomide lawsuits were bad because of the disabling, chronic nature of the birth defects it caused. DES causes vaginal tumors. I don't know anything about the breast cancer tumors, though I know that's also at issue. Mass settlement plus some heftier payouts for the more serious instances.

      Sentiment: Buy

 
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