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Bristol-Myers Squibb Company Message Board

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  • madmanshooter madmanshooter Jun 15, 2007 10:24 AM Flag

    WSJ says BMY is now buyout target

    Then don't read analyst reports if you don't trust them. The fact remains that BMY is considered a takeover target by executives throughout the pharmaceutical industry and is almost certainly going to be acquired now that the legal clouds are dispersed.

    I never understand how people with pessimistic outlooks think they can profit, except by accident, in an industry that must be optimistically forward looking to succeed. I don't understand it, but it is fun to profit from their over-conservatism, paranoia and short-sightedness.

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