You think they're buying? Have you learned anything yet? They issue a buy rating, that does not mean they're buying. They probably want you to buy so they can sell their shares at a higher price.
Just a PR put out because Coury is pulling at stings. Thinks he's going to get a pop out of SP here. No way. Mylan is done!
It's about time someone came forward and said what was so obvious --- WSJ
Just to throw salt in the wound . . . and because this stock will never see $70. Stupid CEO
Really? Mylan is done people. This was one of those decisions that had formidable repercussions. Why is it down? and goinf much much lower? Geez, maybe because Wall street, despite their greedy natures, despises CEO who lose $5 billion in a day, who place themselves above their shareholders, and who inadvertently just created its most formidable rival in Teva-Allegan co.
Geez.... This is toast. You will never see 60s again. We might get a bump if they fire Coury, that's it. THen Pfizer can come in a swoop them up for $70 a share. Coury messed up, big time.
Yep, any company that can lose $5 billion in one day did the right thing. Another example of the poverty fof education and critical thinking skills in this country.
Your right. It's going a lot lower. This is one of those life decisions that when one looks back had irreparable consequences. Mylan will tank for the next few years, and Teva will steal their business.
Mylan is done.
Are you sure they still own shares? They surprised us all with this Allergan bid. I bet they were quietly selling last week. . . but who knows.
Exactly! And I wouldn't be surprised if Teva implements a business strategy to destroy Mylan's business over the next few years, at the end of which they will buy Mylan for less than $40 a share.
Mylan is done.
Doesn't hold. If that's the scenario they could have tossed the bid out before and avoided the stitching.
They did not pursue, they delayed, they're done now.
I really have to put the blame on Teva. They sat on it too long. We should have heard of their higher bid last week. Now, I fear, even if they were to apply some pressure and put out a formal bid that we wouldn't see a price jump since the market has probably concluded that no buyout will and could occur.
Somebody's not listening.
Perrigo just made an acquisition of their own! Therefore, would Mylan still be interested? PRGO claims that this acquisition adds 30M net revs per year. If Mylan is still interested, do they have to up their offer? Also, no terms were available, PRGO could have offered shares for this acquisition.
Keep up with the news bro
People here think this company, as 100s of others, are about trials, drugs, cures? It's a business dedicated to selling one thing --- shares! Period. If I could, with some PhDs start a biopharm co that pursued trials of anything, put out PRs etc. I would. And in the meantime I'd be keeping an eye on what this business really is all about --- selling stock! It's the biggest scam going on. Hell, many of my students are pursuing biopharm degrees only so that they can get rich selling stock!
PRGO just acquired Naturwohl Pharma. Does this mean Mylan won't be pursuing Perrigo? And if that's the case, what's it mean for potential Teva takeover?
If Teva is waiting . . . like waiting for the shareholders meeting to be announced (if it even does), then sorry they are not in the driver's seat!