I don't need your snide comments, clearly intended to irritate. That's all the response I'll waste my time on with someone like you.
How right you are, joetong. I'm one of those who purchased near 110. And, I've stupidly been paying margin interest for over half a year. So, thanks, GILD.
Good research. As I've said, Merck is trying to pull a fast one here, for, as you state, the patent is invalidated as a specific chemical formulation was not identified. As I said before, Merck is trying to sue on a "component" that has no relation to GILD's development of a drug using a component whose chemical formulation wasn't even identified. That alone shows how baseless Merck's lawsuit is.
Is there any more that this company have happen to it to create an even worse situation? Bad news on any drug of a drug company can have profound effects on its value. Wish I had sold this at the open today.
Same filthy garbage again. This should be up much higher as we soar on the DOW & NSDQ. So, I am becoming a believer of option holders manipulating, by buying & selling options, and shares. Look at yesterday. The market didn't soar like today, yet at around 10:30am, GILD had been building up to its day's high. Difference? It wasn't Friday,.
I agree it's insanity. But, with the presidential race, and generally negative views for Biotech under either Trump or Clinton, which I believe are way to premature to make such conclusions, and the general decline in the IBB and Biotech - that's why we're in this mess.
I did find this out. Merck's suit is based on "ingredients" or "components". This really sounds like grasping for straws, and shows me what greedy, cunning company Merck is. Because they are one of the biggest, they are arrogantly throwing their weight around with their big lawyers, so they can cost GILD and we, the shareholders, a ton of money fighting their garbage lawsuit. Beyond disgusting.
From what I have read on this, I cannot tell if Merck's claims of GILD patent violations on Sovaldi have validity or not. Same for Abbive. This is of utmost importance to we, who are shareholders; but, I'm not a lawyer, nor have I been able to read through the mountain of legalize to be able to determine anything.
Because they are left with their jaws on the ground with the continuing fall of the stock. Bryan Kelley of Fast Money was spot on when last Friday he said the Friday stock rally did not impress him, and he saw it as a short covering rally, which is exactly what it was.
Yeah, here we briefly touch 89.33 at 9:30am, and then we just slide down all the way to 87.55. THIS IS SICK! And take into account the DOW & NSDQ continued to climb until around 9:45, yet GILD just started falling like a step of stairs. There is nothing to base these worthless analysts and their price targets. Just look at the tap - that tells the truth.
Except the incompetent author states that he "doesn't know the discounted price of Harvoni, but doubts it is anywhere as low as Zepatier and the others." Where do they dredge of these writers that don't know such basic facts that have been plastered across at least a dozen articles? Harvoni is about the same price at typical discount as Zepatier, which is an inferior drug, which he fails to know as well.
Either they know nothing about it, or most on this board simply don't care how low the stock price goes, or what headwinds it faces. To me, the MRK royalty is another boat anchor for GILD to have around its neck. I doubt it will drag on for years and just disappear, IMO.
A nightmare for shorts? More like a success game for shorts. The gains GILD made on Monday to a high of $90.03 with a close of 89.65, were totally obliterated today, going to a low of 86.35 and a close of 88.66. So, just taking the closings, we lost 1.1%. And, this on a contnual downtrend. You don't believe me? If you can read a chart, it is clear as daylight that this stock has been a a perpetual, continuous downtrend.
And, if you still don't believe that, just read the many articles that support this with extensive charts and graphs.
Unsupported statements like yours, "above $100 in a few weeks" are meaningless.
Many on CNBC are calling today a short-covering rally. There was one on Friday as well, though GILD did absolutely horribly on Friday. Now, we go from up 90+ on the DOW to the negative -16, and the S&P from well over 2,000 to 1,991. In the next 53 minutes who knows how much more we may fall. This trading game with GILD has become a repeatied manipulation, which makes it difficult to this stock to gain. It looks like we are gaining, and then we end up closing lower than the day before. I doubt that will happen today, but anything is possible with GILD.
Anyone know about their presentation today? I see no news at all at this point.
Ah, some people who see it as I do. Surprised you don't have tons of downthumbs from the nasties on this board. I also really wish I had sold this a LONG time ago. It was proven to be nothing but a dud.
FOOLS! We are down to 87.00 now, while other stocks rise. This simply shows how much the mindless pumpers know. Eat your words.
No, Hillary and others have specifically attacked GILD and a few others. And, MA wants to take this to court.
it doesn't matter to the anti-high-priced drug political pundits. Isn't that clear by now?
Those who downthumb my thread and any post I put just show what spineless individuals you are. Because you don't have anything of any value to back up your stupid downthumbs, and you do it just in the spirit of pure nastiness. You show what you are about.