I would also invest in Gilead stock if I could at the moment. Yes, HCV is only part of their biz, but a prominent part especially as their drugs do mark a revolution in hep C which was neglected for years as a disease.
A reset is exactly what I need at the moment - a gut and full system reboot! Back to the gym, I guess.
Gilead is a Goliath in big pharma, HVC drugs are only a piece of their biz.
I own the stock and read the reports.
if my memory serves me correctly they bought Sofosbuvir from Pharamset for 11b before it was fully developed and tested
On another note - I feel better every day lots of exercise - dropped 11 lbs in the past two months from 180 to 169 and getting stronger and leaner than I have been in recent memory
full reset at 61 yrs old.... :)
Another big WHOO HOO. I know how happy you are...as my daughter would say: takes one to know one :)
Well, another happy Gilead customer!
Just got my 12 week post tx results - and yes - I've beaten this disease (so far). Woo hoooo. My appointment for my 24 week blood draw is still in my diary for mid January...
Now to the gut issues, but at least I'm rid of the life-threatening one.
I followed these insider trading deals real time, I'm subscribed to Google alerts for all things Gilead - (they happened when Gilead was still optimistic about trials) but still don't know exactly why they took place....I can't see the end of this article unless I register for future emails and not sure if I want more junk in my inbox.
I don't think they sold cos the stock was going down - it's been up and down for a while - 70 is the all time high I believe - but it will continue to go up as long as the trials produce good results. Gilead stands to make a killing with Hep C, but they also have other new drugs for cancer and HIV. I think their scientists are the best.
Let's see what comes out of the AASLD meeting...
I just saw another forum on another website where people are doing the latest 5816 trials, so definitely the next generation from ledipasvir.
(geshmit wrote) "Willy - For some reason, senior management at Gilead have been dumping stocks these past few months - more than six senior board members have sold shares."
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They have to report insider selling, so we tend to see what has happened in our rear view mirror. There was an article reporting it..... at the end of September. Are we worried that the insiders know more than we do? The stock just hit 70 a few days ago..... that is fact. OTOH...... if you go back 30 days before the article which I provide was written....the subject being insider trading, the stock was at 59 dollars. I dunno..... that's a lot of money to leave on the table.
Here is the article..... but be sure to read the comments below the article. I have no opinion, except that these people are smart, and have good advisors. Some of it is that they are given stocks as pay and may need to sell or divest to keep assets safe.
(hahhahahah; maybe I am in denial. : ) )
http://seekingalpha.com/article/1718942-insiders-are-selling-gilead-sciences
We will see and thanks for the heads up.
willy