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Vertex Pharmaceuticals Incorporated Message Board

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  • chevymalibu1966 chevymalibu1966 Nov 17, 2012 9:35 AM Flag

    AN OPEN L;ETTER TO MANAGEMENT

    I'd like a 20 buck pop as long as the stock isn't at 10 when it happens. others on this board have said vrtx has a PP in place for a hostile takeover but I agree that nobody will buy them out now. They need a new drug on top of what they are doing now to even get a chance at someone looking at them. At 13-15B, not many can do this and won't right now. VRTX just has to discover stuff on their own and move fast before their income stream dies off.

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    • Honestly folks I think 10 is ambitious and people are kidding themselves if them think VRTX will be bought out for any kind of premium at the level it is at. The main revenue pipeline is being turned off quickly and their enormous, diluted R&D budget will sink the ship very soon. YE 2012 earnings are going to be a disaster and all news about upcoming trials is already priced in so frankly only a miracle is going to save this from sinking very quickly. Compared to the other big players who actually have a prayer (and a clue) I don't know why anybody would sink new money or keep a current investment in VRTX. Sorry to the longs but the writing is on the wall. 20s are in the very near future...

      Sentiment: Strong Sell

 
VRTX
85.54+1.54(+1.83%)May 6 4:00 PMEDT