imagine waiting for the depart. of defense to pull a rabbit out of the hat. meanwhile the co has had 8 years.
its the same nonsense with every stock I own. It matters not what they make the street hates them. AER, GILD, YY, BABA. All big money makers. But the ST. will love you if you're riding on fumes when it comes to earnings. Lets say for the sake of argument that BABA fudges the numbers by 10% or 15% can you still name one company that takes inn what they do. They expect to double revenue in five years.
here is the bottom line; human nature being what it is, regardless of the results that the FDA receives from the WB someone will not be able to resist the secret. Wether the news is leaked by someone from the company or the FDA committee is irrelevant. You will know the answer by the volume and the direction of the stock.
for not raising the target price of Gilead to at least $150. Monopoly literally in Hep C and HIV and soon hep B space.. I guess they will still be looking for growth thats staring them right in the face.
Fitzgerald??? Are you kidding me. I thought they had all the money they needed. What a joke, Please no comments from the wackaados I put on ignore.
you can listen to all the advice you want from those who will tell you not to worry and those who tell you how foolish you were to buy a speculative stock. Tell all those people to explain to you the following: My largest position is in Gilead, it will make close to $ 12.50 a share in profits this year. The stock has lost over $20 in the last month. It pays a dividend, it will repurchase close to $25 billion of its own stock, it has a great pipeline and it has a monopoly not only in Hep C but pretty damn close in HIV drug. The company barely has a forward PE of 6.7 and trades at $84 . Meanwhile Linked Inn makes no money and will lose a ton of money as far as the eye can see, it was just purchased for $196 a share. Welcome to the greatest CASINO on Earth.
CMS the federal agency that administers Medicaid said the state rules are unduly restrictive. There are many lawsuits in various states trying to lift the restrictions. If lifted they would pay the VA rate of about $36,000 per person. Im sure they could even do better.
Additional $18 billion if the restrictions are removed as to who gets access to Harvoni. Now its restricted to worst cases and the gov. has made it known they maybe in violation. Imagine talking about an extra $ 18 billion and thats from one drug and yet the stock lingers.
Im sure he will find something to complain about.