I have been thinking a lot about this too. It’s different from anything else. It is immortalized in US history at that point to whatever degree. I still think we see the typical spike then give it a couple weeks and back down then Q numbers and back down again. I always judge by the baseline after something big happens. Like NHS the new baseline is a quarter of a penny. What is it with clearance?
I think big funds see the news and maybe some investigate with heavy medical device portfolios but they will be in and out like we see day traders now. However for longs I am still talking we are freakin rich at that point but I will stick with BIEL probably for a generation or two. I doubt I ever get rid of all of it and it’s quite a bit.
Profits will always be king and they will get there. It will take patience. I have seen their office and personnel and they still need a lot more people. But on the other hand, who’s to say Bayer doesn’t come in tomorrow and change everything...well only possible until after broad clearance.
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