Why would anyone be short intending to collect the dividend ? I'm long but hedged using short options. Mostly OTM short Puts. But you bring up a good point. $1.64B paid out Shire breakup fee is just like more debt.
Where is the increase ?? No reason to hold this P/E 60 without getting paid to take the risk. This thing is on a mountain of debt.
dump this nonGAAP one time charges.
US FTC does'nt give one .... about it. Wall Street and Congress call all the shots.
Discounted Cash Flow model of valuation, based on on the current dividend yield. Enjoy it, while it lasts. Underlying debt is fairly high.
My broker, on 15 May 2015 close EST.
exhibit a fine line between sinister and utter and complete incompetence!
Thanks, you can just pay me.