BHC Stock

100% true and I’ve experienced it first hand. Get ready for death by 1000 cuts.

 

Does the stock go below $5? I’m thinking yes.

 

Let’s hope so. Leadership bankruptcy would add an extra wrinkle of fun. Watching them squirm knowing they hitched their financial future to the Titanic is so satisfying.

 

Trading at a 25 year low right now. The entire board and all executives should be fired.

 

They don’t have anything more to lose than us , actually probably less because they were given the stock that some of us actually paid for with the espp.

 

But they probably bought big homes, fancy cars and new ta tas for the wife based on the balance in that stock account. And now it’s worth 20% of what it was just a year ago. Oops.

 

Come on - The $$ amount in stock accounts don’t mean a thing until you need to sell. No one is selling anything now - the market will eventually recover - history demonstrates that.

 

The market will recover but it will be years for BHC to recover, if it ever does. There is nothing postive left to drive this stock into the $20. Years of massive debt with the main product being at the maturity stage isn’t good. Price increases can only go so far.

 

I agree, but unless we go bankrupt I still believe the ESPP is a great way to make money as long as you sell your shares as they vest quarterly. That 75% match is great

 

So Papa resigned the BOD today and tapped Paulson to replace him. Stock hit its lowest point in 25 years at sub $7 a share this week. Looks like the guy who saw this as the turnaround of a lifetime decided he named enough picking over the bones of Valeant and now he wants to give Paulson a place at the trough. Look for more Paulson family members lining up at the carcass. God help us if Norwich wins the lawsuit and starts stamping out X550 pills.

 

Norwich is the only one of four companies who petitioned to start producing Xifaxan. They are the only on that didn’t take the payout deal. They know they have a case so they are sticking to their guns. If they win Salix is finished. I guess we will know by the end of the summer.

 

Well… yup.