if you had a gain you are taxed if you have a loss you have to carry forward your tax basis and dont get the loss. It was a taxable event for those with profit but not for those with losses. That is the penalty the US puts on inversions but it doesnt work well. The truth is they caused the problem and dont know how to correct it or dont want to. They know how to tax but not how to grow.
there is a lot of speculation that a cut will happen but the cut is not completely in the price yet, depending on the size of the cut this could go to 6 but yes most of the price decline has already happened IMO and it is a good time to accumulate.
those that prostitute the industry will lead to their own demise as ABBV will find out.
I would agree and if the pharma industry does not stand up to it they will lose ability to set their pricing and it will be left to the insurance industry as it has happened to the hospital and dr side of medicine.
on the 2DAA drugs they get a higher percentage of sales (45%) and that is where some posters and writers have come up with numbers of 30 and 45 so on 2DAA they get 5.4 to 9% of sales.
eroc in 2009 when it cut its distribution started rallying also now I am waiting for 20 that dropped 20 to 50% since I think you do very little research and just blow out statements without facts.
this is one that cut their distribution to zero was down that day but up thereafter and one month later was up more than 20% and I only care about this one in my portfolio
I have accts at ameriprise, eoption and ameritrade and I did this at eoption and it did not affect my buying power but $30000. My total liability on 200 contracts was the $150,000 minus the $45960 I received from selling the puts which left 104040 and that affects margin very little as the premium on the puts I sold would cover my margin to buy the stock but regardless it doesnt cost any interest on the trade for me
I sold 200 contracts of $7.50 puts for jan 2016 at $2.30 today so if it is assigned I get the stock at $5.21 after commissions and if not then I lower my cost basis on the stock I own by 92 cents to $7.23 I have to thank nosweats for this idea
It is because there is not an exact number, from what I have read in the 10k filed it is a low double digit % of 30% of sales so somewhere between 12% to 20% X 30% or 3.6 to 6% of total sales on a
sliding basis which means they have levels that start at a lower percentage and as sales increase they get a larger percent. This has not been totally given out in any press release on what the scale is so all of the articles are somewhat correct but not totally and somewhat misleading as some are not knowledgable such as SA articles that have clowns that wrote many of them and are replete with mistakes.
the news was out near noon and I was disappointed that it didnt go up more but elated that it went up several dollars after hours. i hope you are right and it ravages the shorts tomorrow
at your price sovaldi will be less expensive to the states, medicaid, prisons and VA as they sell at a 44% discount. The 84k price is only a discount to Harvoni and my guess is that GILD is discounting harvoni at the same rate as sovaldi. Compared to sovaldi they have no discount and harvoni is superior to sovaldi and ABBV drug.
12% of 30% of sales is 3.6% and no one knows as it has not been published what the level of sales is needed to get above that number. Again on sovaldi they were getting 56% of list so at that level to keep a 12% discount you would be selling it at 493 per pill X 30/ script is 14800 X 3.6% is $533 if they get more then they are not a 12% discount. which is lower than my back of envelope previous statement. I dont believe you can get the 4 to 6% on the first 3 or 4 billion in sales but time will tell, me I will use conservative numbers in my estimates until more is illuminated so as not to be overhyped and disappointed. Maybe it is 1/3 of sales and that would give you 4% but my memory is 30% but even at 4% you get $592 per 30 day script which is close to my first estimate. That is with a 12% discount off of Sovaldi which we have public record on what the govt pays them through the VA. maybe they cut it more maybe they cut it less but the less they cut the less they sell. I hope you are correct as I own a fair amt of ENTA and the more they make the more I make.
but there are no options available on any of the 3 platforms I mentioned for 2017 so are you mistaken about them being open?? at any price.??
do a little leg work or invest in what you dont know, it was a typo they are NOT picking up option I gave you date go look up on yahoo on that date then do the rest of your DD and find out that the royalty is on only 30% of sales. tried to help but you are tiring me w your laziness