the legal is not due to the CDA, it is due to the PP litigation and pursuit of a merger. The CDA was not brought up during negotiations only after the fight began. It will be difficult to convince a judge they suffered harm when they participated at the beginning. proxy were due to merger not CDA, disruption of sales force was not because of CDA. If you want to spend more money do it but can you afford it.
econ, are you really that stupid?? or just trying to raise the hair on peoples necks.? banks determine the ability to service debt and charge accordingly on their interest rates and depo is paying twice the rate of Hznp and has more debt as a ratio of networth You really cant be that dumb
AFTER THE court ruling on the PP they are gone for good unless depo BOD seeks them out and then the offer will not improve.
imho, you are correct the only manipulation here was the over generous offer from HZNP, they could have had $33 if they weren't so greedy and the only thing that help the price up during the bio collapse was the offer. since the offer expired this has gone down and hznp up. I don't believe HZNP is in a hurry to book their loss on this one and it still most likely holds all the stock they bought, I however am seriously disappointed with the BOD and will sell my 6000 shares tomorrow and buy something else. this is not as great as stock as HZNP or some others I want. VERY DISAPPOINTED IN THE DIRECTION BOD HAS GONE
adam I wont disagree with the quotes you have stated but I will disagree with their math. if the market is $4 billion and you have 5% is that not 200 million not 1 billion the percentage is off or the market sales are off. it would have to be a $20 billion market for 5%to be one billion and yes I read the same article. sloppy at best their brain was not working either or they would have done the math.
MM, you are like so many on this depo board that were correct on the outcome but so wrong on your investment, you oculd have had $33 had depo board been smart but now you have 18.48 and the market has spoken today. I have been against HZNP buying depo from the beginning as it would dilute my Hxnp stock value and the market has spoken again today on that issue. hznp was paying too much for depo. HOw long will it take to get back to $33 for depo? The reason shares were not tendered was not as you hypothesize but because they could do better at the time in the open market. It was a shock to me that the court of. CA voted the way they did with their laws on the books. But at least Hznp made the right decision and walked rather than continue this fight. hallelujah on that one. I feel that I won as a hznp stock holder and lost as a depo stock holder luckily I own 5X as much hznp as depo. revel in you win (loss in my opinion) if you want but years if you are in this that long and can logically think you will see the mistake here on this non merger. I most likely will sometime in the next month take my loss on this one and roll into another stock (RLYP) GOOD luck to you wallow in your win.depo does have good lawyers.
jphmmy I have followed phil for a long time and he like I juist don't like WAGs ( wild #$%$ guesses or predictions based on nothing) I am sure phil is long on this one and has been so since the low teens. I also agree with you that analysts predictions are questionable. But based on the growth in revenue and earnings for the last 6 quarters I will also agree with your penny analysis that this has to go up as earnings are now near $2 and growing and we are at a 9 PE which is very low for a biopharma with this type of growth rate. I am excited to hear about their next acquisition and personally don't care about what happens with DEPO as it has been an albatross for so long. The next time I get involved in a stock that does a hostile takeover I will immediately exit for a period of time. This definitely has had its share of problems on PR for the last 4 to 5months except for earnings.
Sentiment: Strong Buy
R U a
dump poster, we hae discussed the issue on eanings and that this quarter was really just one or two cents when you backout one time tax gains, the next 3 quarters will be positive but nothing to really get exited about. Royaldee will not hit until april at the earlist, rolipitatnt will be a steady easy revenue from royalties and the only thing that will really boost us is an uptick in 4k testing. Our only hope for good gains is royaldee and that is secerql quarters away IF approved
Sentiment: Strong Buy
I don't short stocks but this seems to be the best short of the year at this point, didiculous the stock is losing $8 per share per year and has no prospects other than Turing who is a sleexy character at best IMO. and caused all the Hilliary comments.
SPA are only about 50% successgul in fda approvals, it is not as you state, I had a small biopharma doing an spa and it went from 18 to $2 when it failed. I believe royaldee will be approved but the spa designation does not make it a slam dunk as you state.
is selling at a share price almost of what HZNP is.
talk about ridiculous, no pipeline, no money , no future losing $8 per year and hznp making $2 per year per share, market stupidity at its apex. who said the market was rational.
there are a combination of factors here 1) political climate (Hilliary) killed biopharma 2) earnings while turning the corner where just above break even this quarter if you take out the one time tax savings adjustment
It will take better earnings to get this moving although it is going in the right direction. Heck GILD has $11 per share earnings and is selling at 107 this has negative earnings and is selling at 11
you are incorrect, most of the earnings this last quarter where one time events due to tax savings that wont reoccur the next quarters, BRLI brought us up to a 1 cent earnings positive, rolipitant will help with earnings on the milestone then a straight royalty, rayaldee will not appear in the earnings picture for the next 2 quarters and maybe the 3rd. Hype brings delusion and downfall reality is what works slow and easy
Sentiment: Strong Buy
the only way you are going to get $33 for depo from hznp is if hznp goes above 35 with an improvement in biopharma market. The point geringer and I are trying to make to you is that It will get their faster by merger because the earnings of depo will be doubled under the umbrella of hznp by cost savings on interest, synergies, lower taxes, better sales platform and a better PE for a more diversified company. You need to look beyond the sand where your head is stuck, lol. If you look at the last three years performance of both companies you can see that hznp has outperformed depo and will continue to do so. That doesn't mean depo is not a good stock but hznp will grow faster for you and if your magic number is 33 you will get it a lot sooner but my bet is you hold on for $80 I have been following geringerart for a long time and his grandson and account are not imaginary. Liars can never keep details accurate and his are very accurate.
thanks for the info geringerart, as you know I have been cool to this merger since the beginning and more now because of the amount of effort being expended when they could be working on other deals but I do not know the other deals that need to be compared to this and so far none have come to fruition. I wonder whether it is because they cant get another deal or because they are spending too much effort here. Time will tell but at least we are improving in stock price from the lows about time for another Hilliary statement.