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Replies to post #176687 on Biotech Values

Replies to #176687 on Biotech Values
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DewDiligence

04/12/14 4:22 PM

#176708 RE: DewDiligence #176687

JNJ—A Warren Buffett aphorism applies here (slightly modified): “When a great product meets up with bad management, …management wins!”
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DewDiligence

04/21/14 4:14 PM

#177073 RE: DewDiligence #176687

AGN (+5%) sets all-time intraday and closing highs. The stock has been strong ever since JNJ dropped development of PurTox, a Botox competitor (#msg-100466796), but today’s sharp move was presumably predicated by something else such as a buyout rumor.