Faxed the letter to Joe Z.. He called back--saying Thanks and pointing out the difference in Co-pay is 1$.
He told me that they will be Tier 2 by the end of 2013.
This letter by Caremark is auto generated--he did not know how/why?They will be talking to Caremark soon. He thanked me for telling Caremark that Lovaza raises LDL by 49%.
He said that they are trying to highlight differences between Vascepa and Lovaza for doctors more and more.
Thanks for the feedback, mtd. Good to hear.
BTW I'll stake my reputation on the board that if mtdsus says it happened, then it did. I can certainly understand a CEO taking a moment to talk to an investor and retired exec who took the initiative to address a unique matter with a faxed letter to the CEO and ran it up the flagpole at Caremark as well.
Sentiment: Strong Buy
But yes, it is outlandish (and frightening) to assume that the CEO of this company wasted his time personally calling ONE investor, when he could have released a press release, informing everyone simultaneously.
I'm not a basher. Get your head around the concept that savvy financiers are neither BULLISH nor BEARISH on an investment. They merely judge things as they exist, objectively. It's foolish let irrational bias dictate your investment decisions. Just because you "like" a company, doesn't mean that everything they do is somehow great. Don't fall in love with your investment; them's the rules.