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Elan Corporation, plc Message Board

  • augustbroker augustbroker Jul 24, 2012 9:05 AM Flag

    ELNs mkt cap

    vs yesterday (and rounding), if ELN is down
    15% that's a $1.2 bln drop in mkt cap.
    if we use ~ $15/shr as sort of the recent hi,
    a price of $11.40/shr suggests a mkt cap
    drop of ~$2 bln-ish.
    let's see today, after the first few waves of
    selling (and there will be some) what the
    mkt evaluates ELN at given all the news;
    real and potential....etc.
    I think there's a good chance it breaks $11/shr
    and we'll see what happens down there.


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