Why the turnabout, IYO? In Dec 2006, I posted this (#msg-15523310):
Barr is somewhat different from other generic-drug companies—their self-proclaimed raison d’etre is to pursue challenges in cases that other companies won’t touch. CEO Bruce Downey singled out drugs with a risk-management program as one facet of the business strategy.
Could the explanation be that Teva’s new management team has become more conservative in old age? This does not exactly ring true, but I don’t have a better explanation handy.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.