The story has not been an easy one to follow; even some of the seasoned biotech investors and first-rate contributors on this board have been unwilling to believe that Teva has been routinely misrepresenting the status of its Lovenox ANDA to the investment community. If even these people have been reluctant to acknowledge what Teva is doing, it’s easy to understand how less-informed investors are not yet getting it either.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”