RE:RE:Bristol Meyers acquiring Celgene for $74 billion USDI respectfully disagree...I dont think it will stimulate anything.One cannot compare PLI with Abraxis..I remember that buyout very well.To try to overlap the 2 company's is impossible.
The other thing I dont understand is the exhuberance on this BB because of some green on the share price the last day or so.What really can be expected?/I mean we hit multiple year lows a few days ago and now we're up 10 cents and everyone thinks things have changed...they havent.Aside fron PL's dismissal,everything is the same.We're in exactly the same situation as in 2018.
Thats the problem ..uncertainty about PLI's future.Investors dont like uncertainty,only gamblers like it.
I'm waiting for something concrete ,and good or bad thats what will decide the shareprice ..not misguided elation over a 10 cent jump in shareprice.It will be a very interesting year for PLI,I just hope the share price isnt wiped out because of the companys possible"strategic options" because thats a catch phrase synonymous with shareholder destruction.
I'd rather not hear that one.