to run up today in the face of everything else falling is a good sign. Long term its a niche that has to grow with focus by Wal Mart and Walgreens etc. on low cost medicine. that cant be plavix or crestor they are selling cheaper.
if MYL is taken over for $15, I would be very unhappy. Profits are rising, and guidance is up. Analysts have been upgrading the stock. I think we should wait because in 2 to 3 years, MYL could be in the $30-35 range.
Yeah... then when it's in the 30-35 range, you'd still be unhappy to sell because in your mind it should be worth 60-65. If this company could get an offer to buy it at a 100% premium from current valuations, I'd be taking it in a heartbeat. Just learn from YHOO and all the rest of those companies that turned down offers at a significant premium.