Replies to post #105105 on Biotech Values

[joethdo]

The decline from 25 to 14 is fully the result of TEVA propaganda which has obviously been bought hook, line and sinker by many in the investment community. (The fund manager that DrBio references is a good example as well as that Sanford Bernstein analyst (spelling?) who rained on our parade shortly after approval.)

There are certain very successful companies that I believe are looked at rather uncritically by the investment community at large because they have been so successful through the years. Arguably, TEVA is one of them.

I think if time goes by and TEVA doesn't get approval eventually the market will belatedly realize that they were blowing smoke and the stock should rise.