Replies to post #13401 on The Rising Influence of Rising Affluence

[inversor86]

Thanks Dew. I'm still holding NVO calls but I need a $52 share price to break even.

[DewDiligence]

NVO -9% on soft 2017 guidance:

http://www.reuters.com/article/novo-nordisk-results-idUSL5N1FN20D

Once an unstoppable highflier, NVO is now down 45% from its mid-2015 high.

One year ago, NVO was forced to lower its long-term guidance due to increasing competition and pricing pressure in the T2D market (#msg-120272400).

NVO has been discussed on this board on various occasions as a way to participate in 'TGDT' with respect to the worldwide epidemic in type-2 diabetes. The valuation is now a lot cheaper.