Phase III trials take 2-3 years to complete, followed by a year to complete filings, followed by a year for the FDA and EU agencies to decide on approving the treatment. It might be a very good drug, but nothing is going to happen until 2019 at the earliest.
Over the past 6 months BIIB is ahead of the DOW and only slightly behind the NASDAQ. Year to date it's doing significantly better than the indexes, and over the past year even more so.
flag the pump and dump spammer
Report the pump and dump spammer
report the pump and dump spammer
We have always had rationed healthcare. The rich get it and the poor don't. The ACA makes it easier for the poor to get healthcare.
I just averaged the day because it bounced around a lot. But it's up $7.40/share from that now. You're betting against a company that has received approvals for multiple treatments from multiple regulatory agencies. You'd better be ready to cover your shorts.
Calling people stupid when you can't writing a proper statement is like the pot calling the kettle black.