"I dont give a "danm" if the new CEO satisfy or does not satisfy Frost."
What they really should be looking for is a man that continue with TEVA long term strategy and a man who has great background and a great knowledge of the Pharma business just as LEVIN or perhaps better than LEVIN did.
Ok . The 6.2 Billion purchase for Cephalon by TEVA never gave us a push of 30 % in one day just like the 1.5 deal paladin lab purchase has given to ENDP, Cephalon in my view is still harvesting investigations related to stem cells and cáncer. For some reason TEVA managers (Frost ) has not made to much noise about this..........
I have been very critic about Teva as you Max but the differences between you and me is that while i made critics in order to get corrective measures from management (read Frost) your critics are clearly made to try to bring Teva Price down.
Repetition of old news will only change Price behavior in the opposite side of your bet Max .this pfenomena in the financial world is called " Stock Price Saturation " .
In fact that is bullish sign .
It doesnt matter if they want to keep its headquarter in Israel, if there is an hostile take over many shareholders will happily join ,Doubt Frost will find any aliases after he has performed so poorly.
Doesnt has to be a total acquisition ... havent you read what Icahn is doing for years and specially lately. . But anyway at this point TEVA is a gift . Dont care much at this point.
I think if he stays he should at least show some respect for the rest of shareholders and stop bragging that Teva is great and that nothing has happened.One nice starting point could be to reduce his salary and his bonoses just as he wanted for the rest of the payroll.
Even if Teva finds no new blockbusters or new nothing at least HE should try to CONTROL the NON-OPERATIONAL income wich has been disastrous and he and his spending are part of it.....NO MORE FREE LUNCHS.
time will prove you wrong and Mr.Icahn right. There are special features in this stock that make it different from the rest , in a positive sense.
Well one reason could be that Frost is not a good investor ,only a lucky one so far.,just google all the corporations in red he has in his portfolio.
One thing is for sure ,Frost must now show the cards under his sleeve or else will be kick out. Cant believe Teva shareholders have infinite patience ,
yes, " Levin was honest"he was honest , on monday he sayd he was not leaving,on tuesday he made a little phone call to his broker and sold at 41 plus p/s and on wednesday he was honest again and left all the rest of the sheep at the slatter house. LOL
Max .I was thinking about what you mention about Frost quoting that "he wants to turn Opko into the new Teva " if thats the case then it should be Opko shareholders the ones to start to worry as the Price for Teva has move down while Opko has moved up. Lol
He should have said "i want to make Teva the new Opko" in wich case we would happily welcome a shareprice increase ,just lik Opko.
fist.Pretty obvious ,the coffeville outage or however is call ,was a one time event. 53 days out of 90 . There you have a 58,88 % explanation why the Price dropped.
second.The narrowing of the wti-brent spread from October 22 from 11,94 plus to current 9 plus level. Also temporarily. This is also noticeable to market players.
It is reasonable to me that US WTI should trend down for years to come, while Brent should sluggisly follow ,given time for US refiners to make considerable profits.
Other factor not linked to this general idea is the fact that Mr. Icahn average cost for his 15 plus % stake in this stock is around 47,74 per share. Very interesting indeed.
These facts make CVI a very interesting play at the current level.
From 1968 to 2011 Icahn compounded 100.000 at a rate of 31 % while Buffet with Berkshire Hathaway scored only 20 % .So you probably chose Icahn based is this background.
By the way i understand CVI is Icahn biggest small Cap holding , Is that true ?