22% miss for Q1. Institutions want to see a beat first. A couple of weeks ago, I said PPS would go no where until AFTER earnings, and it hasn't. They need to beat the number ... period.
Are you saying that watching the ticker from 9:30 to 4:00 everyday and sniveling whenever PPS drops 25 cents WONT make it go up faster? (sarcasm) ... I'm LONG and not flinching. Don't fight the tape!
I think pill price going down is baked in some. Units of sale are blowing up. They'll get their money, don't you worry.
Too bad they don't have anything going on besides Sovaldi ...
Settle down. This post wasn't even about Cramer talking about GILD or any stock picking. It was about him smacking Yellen around for getting out of her swim lane.
Here is my reality. I hope Gilead makes lots of money on the way to helping rid the earth of Hep C. This will happen eventually. Fact is, this drug does have a somewhat limited life span.
Much greater number. I mean, he said he bought a dip not at the top. I added at 86.90 yesterday (added 15% to my position).
Irrelevant in the long run. Up we go.
#s check ... Yahoo shows .56+1.35+.70 plus today's 1.15.
To expand upon, trailing PE has been under 10 for a while by the estimate ($.71) and last quarter and so on.
Stock price appreciation has been following earnings growth. We still have multiple expansion tail wind to look forward to.
Most importantly for me, this beat pushes the floor up on stock price. Hard to envision price going below 30 again. (Jinx!)
You got this one pegged! Investors are bailing a week before earnings for fear that Gilead has sold much more Sovaldi than had been predicted.
I, for one, would hate to be caught holding shares of a company being lambasted for making a killing!
Go on ... Give us some new perspective or info on pill price. Certainly, this subject had not yet been TOTALLY beat to death.