They are stealing this stock at this price. As their spokesperson said Chinese markets will better understand the fundamentals of the way stocks move in their native country. Excuse me for disagreeing with the lame excuses. We know very well when we are being robbed by management. This stock has traded as high as $19 plus change since its IPO in 2014. Those and others are going to take a loss with this generous buyout.
For once a logical, civilized discussion. Please answer fatedecides questions as I was about to ask whether you are short, long, or wish for discourse.
Thanks for the reply which I agree with. If this drops much more I'll have to sell because this could fall back to the levels you mentioned quickly.
The board following anything Coury decrees could care less as to what we individual stockholders wish. If Teva wishes to purchase Mylan they need to go all in and put the pressure on the board now.
After saying the stakeholders were more important than the shareholders I have no need to believe anything this man's imagination comes up with. He will say anything to protect his kingdom. If Teva really wishes to purchase Mylan then they need to throw out an offer that would cause the shareholders (Mylan) to revolt if Coury and the board turned it down.
Read the article posted by Ronald Barusch for the Wall Street Journal about the meeting Coury and the board had this week that was attended by an analyst with Sanford C. Bernstein & Co. The analyst stated that under no circumstances do they (board) have we stockholders interests in mind. Anyone who has owned Mylan for awhile knows how selfish and narcissistic Coury is and always will be.
Your letter makes perfect sense but the Coury in the room will doom the deal. Coury is so rich that money does not matter but power and prestige stroke his enormous ego. Mylan is his toy and we stockholders are basically powerless to play with his toy.
How could I have sold at $65 when it has not fallen there yet?! I purchased this stock in March 2010 at $22 a share and if it falls to $65pps I will sell. If Coury screws something up with his ego this could drop rapidly therefore the sell at $65.
I'm holding for the moment but I never have and never will have any respect for the greedy Coury. Mylan is his and his ego will prevail over logic. IMHO he could care less what Mylan's stockholders receive as long as he wins. He has bled enough money and benefits out of this company for several life times. I will sell at $65 but I'm hoping the large institutional holders of Mylan will convince the board that the eighties up is a very nice selling point.