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Insmed Incorporated Message Board

  • fudfighter4 fudfighter4 Nov 16, 2012 12:32 PM Flag

    Another day - another Budgie moment

    Referring to Alexion -

    "This is the technology that makes ALNX a $90 stock."

    What does that mean?!

    This is typical of a rehdvm post - copying and pasting information he isn't actually mentally processing. Hence the nickname of Budgie.

    A company with 10 million shares outstanding and a share price of $90 has a market capitalisation of $900 million - a lot higher than the current Insmed market cap of $240 million, but still a minnow compared with Pfizer with its market cap of $175 billion.

    Fwiw - Alexion has a lot more shares outstanding than 10 million, and has a market cap of one-tenth that of Pfizer.

    For somebody who is such an advocate of facing the facts, it's a real irony (not to mention a major bore) that he himself has never faced the fact that his veterinarian qualifications leave him a long way short when it comes to offering advice in an investment forum.

    What with Bizarro Boy wittering on about fiscal cliffs - another individual who seems blissfully unaware of how unqualified he is to offer investment advice - we seem to have an unhappy knack of attracting individuals suffering from delusions of adequacy.

 
INSM
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