As the resident expert on Gilead let me chime in.
He has expressed skepticism about the company from day 1, but continued to buy shares on earnings day which is evidenced from the wide range of prices referenced in one of those messages you so diligently curated.
What may be difficult for some (well Wade) to understand is you can both be skeptical about a company, and believe it’s a great trade. If Gilead has not felt this was the case he would not have doubled down at lower prices as the trade went against him.
From what I gather all of the research Gilead did after the fact was to try to determine if this was a good investment or just a good trade. Gilead understands the difference
.
Gilead also thinks running to researcher for validation is a little bitch move. He mentioned to me in confidence that this is wades MO when he’s wrong. He first tries to insist he was right, then he goes to researcher for validation, then he finally claims the market is manipulated against him.
He did mention to me that he was not going to dunk on wade after yet another bad call this morning, but he’s reconsidering.
Nice guy that Gilead
END THIRD PERSON
And for anyone else my current belief is this is in no way a no brainer at current levels, and if anything seems overextended, but may be worth significantly more than the current price if its legit.