I think it's time for a stock split (say 4:1), or announce a dividend, or both. How can much higher can this stock go under the current situation? This is not Apple where the company can announce a new IPad every 6 months. Drug pipelines are slow to materialize. I have to think that a lot of expected future drug profits are already built into the price.
I would also like to see a split--maybe 1:2 or 1:3--I think 1:4 is a little to much. The parent company Biogen (BGEN) split twice (1:2 each time) in the past at prices lower than this. This was before they merged with Idec and became BIIB.
Even with some companies getting prices at higher levels (Apple and Google for example) the Biotechs don't seem to go that high. I would buy even more shares if there was a split. There is potential for good things coming with this company so there would be more upside if there was a split. Until then i think i can make more $$ on other stocks.