anyone interested in buying them will automatically use the debt to drive the price down . It is a liability not an asset.
I have a ? if everything is so rosy why the 11 1/2% interest??? When will sale of the drug reach a level where they can sustain such a high interest rate.
It was very close , some jurors didn't want to award any money. As a fact, Merck wanted $2 billion that should tell you how conflicted the jury was.
After the jury verdict and award in March, U.S. District Judge Beth Labson Freeman presided over a bench trial in which Gilead argued it shouldn’t have to pay Merck because Merck was dishonest in obtaining its patents. Gilead said that in 2004, Merck patent attorney Philippe Durette had a conference call with employees of Pharmasset Inc., in which he learned the chemical structure of an experimental hepatitis C drug that Pharmasset was developing, code-named PSI-6130. Gilead later spent more than $11 billion to acquire Pharmasset and its hepatitis C drugs.
Gilead said Mr. Durette misused what he learned on the call to subsequently change claims in pending Merck patent applications in a way that would cover Pharmasset’s technology.
I guess you didn't read the news. The scientist lied, said he was not on the phone call when Gilead was in the process of buying pharmasett. They discussed Pharmasset's patent which was theirs long before the scientist said he worked on it. Now he has changed his tune since his notes show he was on the call and knew that the patent belong to the company Gilead purchased.
we have been waiting for over four years. With that kind of leeway you would think that errors would ave been minimized.
Intercept loses over $9 a share its $150, AMZN, makes $1.25 a share price $600, BIIB makes $15 a share, price $275. and mind you they have only 200 million shares outstanding as opposed to Gilead having over a billion. So what is one to do??
don't you could probably make more money just selling covered call on FB. FB is loved and growing leaps and bounds, Baba has massive sales but too many questions. And this is from someone who owns more shares of Babba than FB.