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biotechinvestor1

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biotechinvestor1

Re: Fred Kadiddlehopper post# 6790

Thursday, 11/04/2021 9:23:31 AM

Thursday, November 04, 2021 9:23:31 AM

Post# of 8826
No, quite the opposite. They need to do more buybacks.

Halozyme’s return on equity is 209.20% (https://finviz.com/quote.ashx?t=HALO).

Show me another biotech or pharma with such handsome derisked ROE and cheap enough that halo can buy them and I will say yes go for it. Otherwise they should buy back more.

Cash sitting in the bank is losing value due to inflation.

Buybacks are one of the best things they have done for the shareholders. The average buyback price so far has been in the 20’s (read the CC script). That was super smart.
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