Post by
DownHuge on Jan 28, 2017 9:33am
Anyone who is in CXRX
The market has set all time highs this week ... and the bulls here seem to argue over if this is or is not a good short. Seriously, people ... it is a great short. If you can't short it then go long on something that at least doesn't have this as its bull thesis: "We believe we can meet near-term debt obligatons."
Long term, thy have no R&D so where is the organic growth going to come from now that their Photofrin trials have been cancelled?
Pricing pressure over in the UK when the bill gets approved soon and Trump said the pharma companies have been getting away with murder. Who are you kidding?
Comment by
DownHuge on Jan 28, 2017 9:53am
Forgot to post the link https://www.reuters.com/video/2017/01/25/breakingviews-tv-shkreli-shreds-pharma?videoId=370993916&videoChannel=117766