I would like to remind you Perrigo is a well established company, founded in 1887 with 13,500 employees in Dublin, Ireland, not a company just IPO.
On April 6 2015 Mylan wanted to buy Perrigo at 29 Bil ($205/share) and Perrigo rejected because they said it's too low if compare to company value.
On April 27 2016 after ceo resigned and announcement of lower earnings, the price dropped to 97.50
What's a difference between a year, their value is cut more than a half.
Can any one explain why?
Because they're out of favor of Wall Street. Crooks want to keep price low until they load enough shares then they'll upgrade twtr.
This is the way crooks make money. They make every think that TWTR loses money loses customers and on the verge of bankruptcy. The fact is twtr still has profit and gains customers (of course not as high as the numbers they expected).
On another hand, some their favorite company such as goldman sach that lost 60% profit and its price is up.
Hang on and buy more because twtr will come back strongly soon.
First, ask yourself why did Mylan agree to pay 160/share last year and Perrigo fought tooth and nail to fend off the takeover? Is there a lot of change from last year in Perrigo beside its ceo leaves for Valeant? The bad earnings of this year happens with almost every companies. Why did Perrigo fall that hard?
I think this is WS crooks' trap to buy cheap shares from panic investors and after that they turn around and sell to Mylan at 160 easily. What's a golden opportunity for them!
How can valeant would be better?
During a couple of days Morgan Stanley manipulates price of 2 stocks when they have good news:
1. TWTR: 2 days ago when twtr got a contract of streaming Thursday NFL and price went up.
Instantly Brian Nowak, an analyst of Morgan Stanley downgraded twtr and gave TP between 8 -16. TWTR price was down badly in premarket but recovered and up again.
2. Today when ICPT got approved by FDA Advosory Committee 17/0 about OCA and icpt price advanced to 182 premarket. Again Morgan Stanley analyst Andrrew Berens downgraded icpt and lower TP from 100 to 80 that made icpt dropped from 182 to 147.53 in hour. ICPT was recovered a little ever since. I guess Morgan Stanley must hold a huge short position of icpt, so they has to do a dirty job like that.
With FDA approval I believe icpt will move up from now on despite the desperate effort to hold down its price by short sellers.
No. It'll open when the conclusion of the FDA Advisory Panel is reached.( recommand FDA to approve or require more data about OCA.)
Look at MAJOR HOLDERS IN Yahoo finance we can see Morgan Stanley is the top holder of twtr with more thaN 34 mil shares. Do you think Brian Nowak, an analyst of Morgan Stanley wants to shoot his boss at the foot by downgrade TWTR?
Beside TWTR just got streaming Thursday NFL. Even a kid know this event will definitely increase TWTR users.If other media stock such as facebook, netflex would get this contract, their stocks will jump 5 - 10 dollars.
The only reasonable cause of this anaysts motive is to help his boss to get more twtr with lower price.
DON'T FALL IN THE MANIPULATOR'S TRAP.
If any other media companies such as facebook, netflix, etc get a contract to streaming NFL Thursday games like twtr. That stock price may jump 5, 10, 15 dollars. After jumping a dozen cents, TWTR is slowly down even into negative area.
TWTR is down badly today because the amount of option contracts call of $16 on Apr 1 2016 (today) alone is more than 10,000 (more 1 mil shares).
The MM try every thing to lower price under 16 so they can pocket mil dollars any options call equal or above $16.
This also means big boys sell large positions and buy small positions to keep price stable so they can liquidate or short large amount of shares with huge profit and small investors hold the bag.
As far as all of us knew the earnings of retail clothing business are down included on line such as amazone, target, walmart, etc...How can lulu manage to have good earnings? particularly many retails sale the same stuffs as lulu.
Another thing is lulu earnings is not particularly good. why stock price goes up too much. Is it a trap setting up by Wall Street crooks?