It's not managements job to pump the stock every time a weak investor gets nervous about their position. It's an investors job to know when to buy on pull backs.
I'm a long time investor in GILD and let me just say that the way this stock is trading sucks but I'm holding onto my core position.
You shouldn't even have more than 10-15 percent of your portfolio in one single stock. I love GILD also but you never wan't to wake up on any given morning and find out you're financially wiped out for reasons that you couldn't fathom. I have so many disaster stories over the years that it's laughable only because I wasn't over concentrated in that one position. ( A few examples of what has occurred at many companies in the past: The CFO was cooking the books and the Feds have shut the company down; the company filed for bankruptcy; the company failed to get FDA approval; the company's cutting edge technology is now obsolete; the company's competition gained FDA approval on a cheaper more efficient drug; Congress decided to take away all subsidies or tighten regulations; the CEO was using company funds to build a mansion made of Gold.)
Why bother to debate with someone so clueless. I agree that the decline is mostly macro oriented and months from now, many will be wishing they bought more. The problem is that it's hard to be disciplined to buy when your entire portfolio is getting whacked.
It's a joke that this so called coalition is not putting troops on the ground. I think a city like Baltimore or Philly could end this thing in a few days.
Apparently they are not sniffing hard enough because the shares are still falling. Now under $92 a share. Could be a good place for investors like myself to add.
I've owned it for a long time. Nice dividend and long term growth.