We have known for a long time that SA is not a source of information, but a blog where individuals are allowed to post.
The drug will be available next week (May 2012), not 2013.
Their description of the drug is also full of inaccuracies. The plant is just a medium for growing the protein, not the drug itself.
Given the potential hostilities that face Israel, seems reasonable for Pfizer to want their investment protected and maintained - don't put all you eggs in one basket, so to speak.
But we really don't know what its for, maybe at next Wednesdays planned groundbreaking announcement.
Pfizer just announced a hundred million euro investment in their Puur plant in Belgium for the production of new product:
buyouts are almost always leaked. if plx were in any serious talk, my bet is you would see it in the stock price. so, unless i see the price creeping up without cause, I'm not going to expect a buyout.
enbrel should expire outside the usa as expected. so, it will expire in 2015 for Europe. Pfizer will likely face a lot of competition then or soon after. one potential competitor could be plx. now, tell me Pfizer is not concerned about competing with plx which has a great cost advantage.
i have no doubt big pharma, Pfizer included, are licking their chops looking at plx. the question is will any of them make an offer plx can't refuse.
There is an occasional exception - a well written and researched blog entry on SA:
(link stolen from another thread - first found by poster cllavador.
sure, but thats more the case for really small cap companies. a company that is approaching 1 billion market cap, with an approved drug starts to become insulated by institutional ownership. Of course there are examples otherwise. These "articles" do have speculative effects. The point is, they are opinions. They are blogs. But they appear in Yahoo as "NEWS", which they are not
I agree. I wish yahoo wouldnt allow SA articles to be posted as news. It is true that all it is is a blog. I talk about this with my accountant regularly. Sometimes people are informed and you can learn of catalysts, sometimes people are manipulating things and sometimes people just want their voices heard; hence, SA is no more than a blog. But the truth is that it doesnt matter in the end. Retailers get swayed, but institutions dont.
I never understood why posters would choose to use a Yahoo message board to offer a rebuttal to a SA author instead of also emailing the author and demanding a correction as well as posting the rebuttal in the SA comments section.