the two current proxies are only to have called meetings and that is all you are giving permission for, if there are enough people and these issues only require 10% so they will pass then you will get additional proxies to remove poison pill and directors and then proxies to elect new directors assuming any lost their jobs. long and protracted
the price has been bouncing around from slightly below par to 80 cents above par. I would agree that if the price stays above par the deal will have to be changed or it wont happen and depo wont drop much if the deal fails but my feeling is that day trading is playing games and tat it drops back to par in the next few weeks.
thanks for the response, yes NOL are transferrable I can remember the hay day when a lot of companies where bought in the 1980s for those losses that were about to go bankrupt or through the court. I also thought large pharma used salesmen for different drugs and not all there drugs but was not sure and you where a salesman. I think the main reason they do this is they want a salesperson to be very knowledgable and able to answer questions and to be able to do so on a several pain drugs may be possible but when you have 5 or6 different types of drugs it is hard to keep on on so many platforms intelligently and not look bad. I think if the merger goes trough that the majority of the sales stall of depo will be kept and only the laggards released. Not only do they not have to train those on the appropriate drugs of depo but they already have the contacts and they have been increasing sales by almost 17% QOQ for market share which is impressive.
why is $33 hznp stock mopney not worth as much as $19 depo stock money. it is one of the most immature arguments I have seen repeated on this board.
With a click of a button you can convert stock to cash. I think there are only two reasons to use this argument, 1) not knowledgeable to talk about the deal or know anything about stocks
2) JUST TO #$%$ me off lol
no doubt what you say has merit but the tax savings are still there for 2016 because your tax loss can be used by Hznp to reduce its taxes still bringing more money to the bottom line and meanwhile the debt would have a less interest charge going to the bottom line also. It isn't like HZNP is sitting still on earning, it is growing as rapidly as you expect depo to grow and I agree with that growth. HZNP still has several drugs that sell through CVS and PBMs so that would continue, when depo raised nucynta's price 44% it didn't hurt their relationship. Nucynta is not an orphan drug so it is not likely that it can be raised further. You have been a salesman so I will have to defer to your opionion but I have a question does each salesman represent all drugs from a company or do they just handle a few?
if you are correct I would expect an early announcement of earnings to help their PR battle as I expect the same out of Hznp if good earnings beat.
I would agree with most of your comments, except I no longer except short term believe depo shares will fall much if the deal fails, they are down to a very low PE also. They do have a number of other drugs but none as promising as Nucynta, I have looked at prescription numbers and they are doing very well on increasing market share I do not believe we see a peak until 2020 at best.
the rest of your points I believe to be true plus hznp has FA actimune that is already approved for other uses that if approved will give a great increase in sales that depo shareholders would be taking part of. Both companies are doing well the real question is how much better will they do together and I think that is what is debated here. I feel as you do the synergies and tax savings will make them both do better together.
after reading zacks article on prescription growth I do believe your 35 cents is doable nice estimate. I normally do not like zacks but this was a well written article and gave a lot to back up their opinions. but $36 in 2017 is a long ways away but it is a double from here but only a little above the Hznp original offer. I will be glad I own both regardless of if merger goes through or not. nucynta is less addictive than my original thoughts also which makes me happy
that was a decent answer, I hope you are correct on earnings as they are about double the analysts, however I hold a lot of hznp and they have a number of drugs on the market and their earnings per share are higher per quarter even for what you hope depo's to be. but both are selling way to low compared to 2016 earnings estimates. I as one hznp shareholder have always hoped this deal wouldn't go through, I can understand why it has gone this way but TW should have just walked away as hostile takeovers are brutal.
yappy, I understand insurance esp medical can take 6 months and the accounts from stryker etc are more than likely on a quarterly basis so are on average 3 to 6 months behind. I think too much is being made of this to help short positions also but doubtful that it will go permanently away.
I doubt that #1 is correct as they would have to report that and I have not seen any reports. #3 is interesting and you would do this if you feel they will sweeten the deal in order to get the vote. there is some of #4 as management is exercising their options so they will be able to vote those shares to keep their jobs. I doubt they have many friends after turning down that $33 stock deal, lol. I can see buying hznp but not depo as the downside risk vs upside is not very good. It was interesting to see the price of depo trade above the merger price by 70 cents today, I expect it to drop back this week. I finally got my proxy to vote today but have not received the tender offer yet.
the people against this deal are not using common sense in what this will mean financially to them. I sent in my proxy cards calling for both meetings, even if you are against the merger why not have the meetings to express your opinion and vote on the issues. To not have the meetings for a vote is un-American
and why specifically makes you draw that conclusion as I too am a holder in both companies.and I feel it will increase bottom line for both companies and grow stock price better for both.because of synergies, tax savings, interest savings, and a larger more experienced Salesforce.
those are very accurate comments imo, I think however that the depo bod and ceo started this all because they never did negotiate but misled TW and that is why it escalated and now they(the depo bod and execs) are in a corner and going to lose As we have both stated previously the market is telling you what is going to happen on the NOv 6th vote along with the proxy agencies. AS A DEPO holder I am pisswd at the bod for passing on the $33 in stock offer.
geri that is the nicest thing you could have said to me, I will say I was hurt when you exited HZNP and said some things not to kind but it was the right move and I compliment you on it. It has been a harsh month for me.with this biopharma meltdown but holding tight I just let him get under my skin with his rantings that had no information just babble with no facts. or logical reasoning.imo and evidently a few others
SORRY I forgot to add after researching 12 pages of your posts it seems that the last two pages had no depo posts so where you really here that long???? I guess I wont know that answer because you have joined the list of people I have on ignore because the research of all your pages also show that you provide only lip and no useful information on at least 12 pages of posts. CONGRATS FOR MAKING THE GRADE OF IGNORE
I waded through all of your posts from the time I came on the board and I could find only one post on 8/28/15 at 1:06 that gave any reasons why you felt this merger was bad
1) over the next 3-5 yrs depo would be higher than HZNP
2) majority sh don't want merger
3) most sh don't want deal
I doubt seriously that any of those do you know and none are facts
The reason you have failed 5 requests to post the factual reasons you are against this merger is that you have none. I am glad you have a profit here although diminished as I know you will be gone when the merger is completed as you have stated. Another hypothesis of mine is that a majority of people claim others to be what they are, you fit that to a T YOU ARE FOS
back up your reasons in fact why you feel this merger is not good You have been asked multiple times and have failed to do so because you have no fact just subjective reasons.
you are a liar if you don't think price of a stock you own matters and that was the context of the post so repost it and you said the price didn't matter as you where in for the long term(more than 5 yrs) that thought scares me because I will be in HZNP and you will own stock in it when this is over and I will have to put you on ignore as I wont be able to stand your crying and falsities on that board. Twisting things to inaccuracies is a form of lying also. imo