Sorry Max, your post makes no sense. Selling the company just puts the same problems into someone else's lap. Do you really view things so simplistically that someone can just snap their fingers and magically fix all of TEVA's problems? Not gonna happen, pal. If that could be done, it would have been done by now 10 times over. This industry isn't so simple. Meanwhile the profits keep rolling in and respectable dividend growth continues.
By the way, did you not see that Levin just freed up 1.5 billion of "trapped profits" that will in part be put toward dividends? I can't be the only person who read this:
"Teva Pharmaceutical Industries announced Thursday that it had informed the Israel Tax Authority that it will be making a NIS 336 million tax payment pursuant to the provisions of the investment encouragement law. The statute allows Israeli companies to use tax-exempt profits accumulated through 2011 to pay shareholders dividends subject to the payment of taxes at a reduced rate"
Some money gets reinvested into Teva's business in Israel, but it looks to me like most of the 1.5 billion is earmarked for dividends, which allowed them to pay lower tax rate on it due to the special law in place.
i can't work it out so much potential so little downside and a market that's generally too high. not too many bargains. this should be a no brainer but its not if you can't sell it... as to clap i think given his own circumstances teva should come good just the time horizon keeps moving like the pot of gold at the end of a rainbow.... for the record i'm way overweight teva and out of everything else. welcome advice on alternative div stocks with great growth potential. what about brka brkb?
thanks idror24 - you are absolutely accurate about my position - it's just worth it for me to sell my 1555 shares now at a big loss - this is money i put aside anyway that is not needed now or in near future - so why sell ? anyhow signs of increases in dividend is gooood