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Post# of 251720
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Re: zipjet post# 206787

Thursday, 12/08/2016 4:23:43 PM

Thursday, December 08, 2016 4:23:43 PM

Post# of 251720
>>That increases the FCF and value of those companies a lot. Money losing companies do not get that bump.

But still increases their NPV (assuming people think rates will stay low).

If your theory was correct, there should be a big discrepancy between the profitable biotechs with high tax rates (should be strong) and those with low rates and the unprofitable ones.

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