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Perrigo Company Public Limited Company Message Board

  • leftkoster leftkoster May 12, 2008 1:32 PM Flag

    mideast tension

    Could the problem with PRGO's stock price be more about Israel and tensions in the mideast and less about the fundamentals of the company? Otherwise, this relentless downward movement following a nice quarter and okay outlook makes no sense.

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    • The stock was pressured because Israel's market was closed for 4 days. Since all the selling happened in the US while that market was closed, the stock got pressured today when the Israeli market opened. No worries. Give it until the end of the week. When it starts to run, it will not stop until it hits around $37 or $38.

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