Post by miamianne67 on Nov 5, 2016 21:38:35 GMT
A big believer that the last two years would see much consolidation, 6 of his 10 largest holdings as of June 20th were pharma. He predicted Valeant would hit $250 (It briefly hit $262 and is now around $19 !!!) and his largest single holding, Shire is down 19% in 2016.The next three largest are Mylan, Allergan and TEVA (down 40% this year). The predicted takeovers did not occur. He was betting on Trump, not Clinton. Per the article if Trump wins, so would pharma. His spokesman claims there's no relationship between his bets and Trump support. As for little old me, I believe those counting on a Clinton impeachment should remember what happened to Richard Nixon. Maybe phama needs to make huge donations to the Clinton Foundation? Right now I'd bet on any pharma that had a NDA for "the gag reflex". Trouble is, I need it before Tuesday. IMHO MA