RE:RE:RE:RE:PRGOPINEAPPLEFACE.... All a bunch of nonsense ....so far he has delivered on all his promises.
The share price is out of his hands , but even that will come back as CXR keeps delivering.
So far all his acquisitions have been accretive , and as we go forward , we will be rewarded
by his foresight .
pineapple1 wrote: curiousbuild wrote: Totally agree.. when I watched Amber's "people familiar with the matter" report on Concordia, I thought her source was a broker from GS as it was very detailed... I think traders leak these news to benefit themselves and hose retais and long term investors.. I think companies should come up, especially Concordia after a national business channel piece, and deny any false info.. They corrected false audit piece few months ago but not Amber's report. MT and BOD lack on this matter in my opinion. Either it's true or they gave that info to Amber.. overall this BO rumours have done so much damage to company and shareholders.. CB
TOMMY1 wrote: I agree, I'm suspicious of StreetInsider too - there is definitely some short-term profiteering going on as a result of false leads. They should name those people "familiar with the matter" or not publish it at all due to it not being from a credible source. I bet if they delved further, they would see that the "person familar with the matter" has infact sold after their cheeky pump of the stock. It irritates me that they get away with it.
CNInvesting wrote: Just like Concordia, I wouldn't buy on the news of PRGO ''nearing a deal''. Don't you find it odd ?
From StreetInsider:
June 2: ''Blackstone deal imminent''-CXRX
June 2:''Blackstone deal dead''-CXRX
June 14:'' Perrigo near a deal to be acquires for $20 billion''
...of course, once more it's from ''person familiar with the matter'' and they can't identify them, nor the potential acquirer.
I'm very suspicious of StreetInsider. Information on deals such as this don't ''leak''. Of course, once more it's conveniently concerning the specialty pharma which makes it even more suspicious.
Beware and GL.
The kill shot was made almost a year ago when MT was rooked into paying 6x revenue for a company with more skeletons in its close than MJ. What you've experieenced ytd are the meanderings of a reanimated cadaver who is sustained only by promises of an infallible product pipeline, and by false hope of shareholder righdoing courtsey of the Mr Magoo of corporate management. Stick a fork in her...she's done.