Can't agree with you more..if you follow that moron like the rest of the herd, you will lose all your hard earned money..seriously. The fact that many big pharmas are going to be losing patents isn't exactly a revelation...and if you look at their charts over 5-10 years you will see that the market caps have kind of collapsed...so that is well discounted.
In BMYs case its discounted even more..it used to be $70 stock in the good old days of Plavix launch. But it is a mere $25 now.
I will bet anything the same miscreant will be pumping this stock once IPI is launched.
It will be a 30 dollar stock after IPI approval and launch...justfollow the logic..not Cramer he will make you broke for sure...eg you would have bought Lehman Bros on his rec and lost your entire life saving if you followed this clown.
He is not there to give you sound advice he is there to ENTERTAIN and then confuse so his masters can be helped..that's all.