News Focus
News Focus
Post# of 257259
Next 10
Followers 842
Posts 122799
Boards Moderated 10
Alias Born 09/05/2002

Re: genisi post# 141660

Wednesday, 05/09/2012 7:11:15 PM

Wednesday, May 09, 2012 7:11:15 PM

Post# of 257259
ABT closed -2.2% on the Tofacitinib panel endorsement, a big daily move for this stock, while PFE finished +1.1%. In terms of the enterprise-value delta from today’s news, ABT lost slightly more than PFE gained, which is somewhat inefficient insofar as ABT is not the only company who stands to lose from Tofacitinib’s success.

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

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now