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Gilead Sciences Inc. Message Board

  • fredericababe fredericababe Apr 22, 2014 5:25 PM Flag

    does anyone have highlights from the conf cal please?

    did not get to listen thank you

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    • Only half of docs visited by reps have prescribed the Hep C pill in 1st qtr. Lots more upside this year when more docs are on board

      • 1 Reply to rcdt999
      • One highlight (you can read the transcript now on Seeking Alpha by the way) is that management considers their stock price cheap and plans to accelerate stock buybacks. That shows confidence, and also has a positive effect on stock price....all else being equal. I really think we'll revisit the 52 week highs over the next few months if not sooner. You could tell by the analysts questions that at least some of them were asking questions that showed they wanted to crunch the numbers to come up with revised forecasts based on the blowout profit surprise. I think we'll get some higher price targets and buy recommendations tomorrow. I owned it coming into earnings and added to my position when it sold off from the highs in AH trading. It opened around 76 in AH (before trading down below 73) and we should at least visit that 76 price tomorrow morning.

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