down side moves are always overdone with this stock. However the Lialda patent win was huge and it helps that ftse keeps on pushing new highs. Still there has been a lot of management change in the last 6 months and I think Shire needs a big win/anouncement from its own pipeline to push past $100
Today's price action was pretty bad. Interesting it didnt come with massive volume either. Did you get a chance to listen in to the cc? I will listen to the record later - very curious what the analysts were asking.
I think they had talked about resolor issue but am not sure if they ever gave a specific number. What i cannot understand is that how market is still hang up on what is going on with adderall - shire has successfully transitioned to vyvanse and has been growing revenues from that product steadily. Dont know what to make off al of this but if azn makes an offer i will be a very happy stock holder.
well wrong. $57 M is a drop in the bucket and it removes all uncertainty. It's even better as it seems to cover all marketed products for the said time period.
take a look at both BP and RIG - how their stock reacted when their settlement amounts were announced. Markets don't like uncertainties hanging over a co's head - now it's behind - at a cheap rate at that.