AGN is up 6% in early trading based on solid 2Q10 results. In spite of FDA approval today of a Botox competitor for cervical dystonia (#msg-52866968), AGN’s share price is within striking distance of its all-time high of $70.40 reached in early 2008.
Perhaps you’ve been unduly bearish on this company.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”