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DewDiligence

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DewDiligence

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Re: DewDiligence post# 115717

Wednesday, 03/02/2011 9:11:04 PM

Wednesday, March 02, 2011 9:11:04 PM

Post# of 257301
Cladribine post-mortem: NVS was one of the few large-cap stocks that was up yesterday—a day when the S&P 500 was down 1.6%. I wonder if someone at Merck KGaA leaked news of the FDA rejection of Cladribine, an action for which NVS is the biggest beneficiary.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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