"The equities markets are forward looking...Nobody cares that the stock is up 400%"
Well, it the stock is already s up 400% BECAUSE of Sovaldi, it matters a great deal if the forward look says it sees no great upside to what it sawg upon the close of the Pharmassett deal.
because everybody expected big things from Sovaldi .
Well, we got big things from Sovald, and now everybody's whining that it hasn't gone up since the ER.
Maybe it hasn't gone up because it's already up 300% to 400% since the Pharmasset deal closed
I suspect we're seeing a game played by shorts. Here's how it's played
1) Place a bunch of low volume short orders to drop the price
2) After you drop the price, place much bigger short covering orders.
There is no doubt that the trajectory of the company's stock price is up. The only questions are how much and when.
If I'm right I can feel good about buying the shares back at a lower price. If I'm wrong I can feel about a $25/share gain over a few months.
Keeping your gains is more important than making more. Greed kills...
I sold @90.30 all of the shares I bought at 65 a few months back, although I still have my core holdings.
Analysts are already predicting that revenue and EPS will be lower in Q3 than Q2. I'm not sure why...
you your saying that GILD will beat by $billion or more ...
earlier today you told everyone that GILD would be, by market cap, the biggest xcompany in the lasnd within three years ...
and you accuse other of being poor researchers ..
you are certainly a doooofussssss
My guess is that it'll hit the numbers, and the market will respond by dropping the price. How much? I dunno.
The comeback has been derailed by Obamma's war on coal -- haven't you heard?
Existing coal generating plants are being shuttered because of EPA regs
New coal generation ain't happening because of EPA regs
This is a stock to trade, but it sure as hell ain't a stock to hold
the chances of GILD being a $414 Billion market cap company - and by market cap exceeded in size only by Exxon and Apple (and bigger than Google) are somewhere between zero and zero.
My dopey friend, a $300/share price would give it a market cap of $460 Billion and make it the most valuable company in North America ..
bigger than AAPL which does $170 Billion in sales ...
ain't gonna happen, no way, no how.
The black box warning will keep the drug from being prescribed on a wide basis
So you're saying GILD short term market cap $221 BILLION to $245 BILLION ...
there's not a chance in hell...
In the post in which you bragged about buying GILD you also bragged about buying JAZZ.
How's that dog working out for you?
We got $25 a share buy buying GILD at below $65, you got a buck eighty by buying it at 87.80.