ditto, this fraudulent, cynical ideology and the regressive elitist who shamelessly lie to the low informed or idealist among us are the oozing rot that is sapping the health of not only this country but the world at large. It is the source of the most human suffering on the planet. Now do you want me to tell you what I really think?
Don't try to explain that to the commie azsz--clown Bernie the dummie. That is way to much complex thinking.
Bernie is a caricature of the looney regressive far left. He is a socialist/commie. It says a lot about the people of Vermont. Their whining about the cost is a red herring and a typical dishonest leftist deception. They always ignore the triple+ cost of hep c without gild cure. Not to mention the human cost of suffering with this disease before gild produced a real cure without horrible side effects. They just can't stand anyone making a profit for their risks and hard work without these unproductive worthless commies getting a huge cut. They are the real villains.
I don't mean to gloat but as I opined in our exchange a couple of days ago, that your opinion on Gild management and the ex/abbvie deal was completely off base. They have a very good strategy and they are successfully executing. You need to differentiate between constructive criticism and an irrational hating agenda. You are conspicuously absent from the MB. I don't blame you. Kinda of embarrassing.
It drops 20% for no real reason. The ex/abbvie deal was a "hand up, don't shoot" moment, a meaningless fiction concerning gilds bottom line. It's been slowing crawling back up but it should have been up 5 on a day like today. A very frustrating pps t^rd at the moment.
Be specific, name names and give provable facts about these "billion dollar blunders". I don't know why you have this obsession about the market cap. Back in November 2012 aapl lost 35 B in MC in a few hours and in ten months lost 246B in market cap only to gain 309B in the next year. SO WHAT. No management is perfect but companies like aapl and gild are at the top when it comes to making profits. If you could do better----they would hire you, since you claim to be in the "small circle", apparently they are not impressed with your analysis. Instead you would unproductively spending all you time on the MB criticizing and second guessing with no real idea of what is going on in the inside. So far they have done pretty darn good at making huge profit despite all the numerous flaws that you are concerned about.
You have not presented any new verifiable facts. As a shareholder if you have verifiable information that management is incompetent you can expose that alleged incompetence in specificity to the rest of the shareholders at the annual shareholders meeting. If you are correct in your accusations, hold their feet to the fire.
I thought that you were just extremely misguided or had some kind of ax to grind with gild management. But it looks as though you are paranoidly delusional. I am not Jim. I have posted on this board on many occasions over a number of years. I was a patient in the "Atomic" clinical trials for Solvadi (GS-7977), a few years ago (completely cleared the virus after one week after being sick since mid 1970s) and I have shared this info about myself on this MB a number of times, check it. I do suspect as someone else opined, that you may be a disgruntled fired ex-employee that can't let it go and have not moved on. You certainly seemed distressed over some specific individuals at gild. I lack any info to conjecture what your true agenda is but you certainly seem to have some agenda that is clouding your judgment and compromising your credibility.
Really? Is that your premise is that they don't have a clue? I guess that is why they are making billions of dollars on their HepC strategy since their acquisition of Pharmasset and PSI 7977 only a few years ago and your you are posting your questionable opinions on a yahoo MB. Gee maybe they should fire everyone and hire a genius like you. You may have some points but your conjecture is meaningless since you haven't a clue on what is going on inside gild management.
As of now only 2 patients have been dosed. They are only starting to ramp up their clinical trial infrastructure. If all goes perfect they will not be in phase three trials for another 2-3 years and will spend 100s of millions to get there. If all goes well they may be approved by 2018-2019. Talk about being late to the party. They will be lucky to recover their development and trial costs.
There was nothing gild could have done to prevent the recent pps move down. Are you not aware that there are other forces working in the market? Again a prime example was aapl over the last 3 years. The fundamentals and the pps can often be so detached from each other by market factors that management have little control over. Look at all those who wrongly criticized gild for buying Pharmassett for 11B. I am not saying gild management is perfect but nit picking is not constructive especial after the great successes they have accomplished for patients and stock holders.
Ump---There it is!------Ex will regret their attempted skullduggery. Gild should stop supplying Harvoni or Solvadi through Ex. Now that would really shake things up.
Your premise about Gilead "they have a problem" is just your weak opinion. I heard the same complaints about aapl management for the past few years. Aapl buried the naysayers who expressed the same kind of uninformed opinions as you are making about gild. Aapl is making record profits, accelerating growth and the shares have roared up from 57 to 110. What makes you think that gild has a problem? You don't know what is going on within. Do you seriously think that gild did not know that abbvie's inferior combo was about to be approved and that they were negotiating with Express? Or what that meant for their bottom line? What makes you think that they have not factored all this in to their business strategy? If you do a meaningful analysis of all the factors involved in this deal it is no more than a desperation move by abbvie and a power/profit grab by express. This move by express will get a lot of pushback and is not an outlier for success or the future. Common sense dictates that this deal will have a negligible effect on gilds bottom line. This is nothing more then a great buying opportunity before the next major move up.