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Biogen Inc. Message Board

  • grsealy grsealy Feb 6, 2013 11:08 AM Flag

    Buyout Psuedo Dividend

    I guess this is good news, but for me from a slightly different perspective. Biogen has tons of cash, which they could have distributed as a dividend. Instead they bought out Elan with it. So the stock goes higher. At some point I have to take my profits and run, and basically convert this action into real money. But where, exactly? I guess hang on for now as the signs point upward. But at some point it has to end. It always does.

    Sentiment: Hold

289.93+0.90(+0.31%)Jul 29 4:00 PMEDT