ABBV STOCK HITS RECORD ALL TIME HIGH

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Worldwide net revenues were $7.82 billion, DOWN -1.3% on a reported basis

The consensus estimate was for revenues of $7.7 billion.

International Humira sales were DOWN -28%

Because of Trumps US tax reform AbbVie paid a tax rate of 3.5 per cent on a GAAP basis.
A disgrace and slap in the face to taxpayers. Crazy Bernie has a valid point.
 






We had a double beat and stocks down 0.85%. This is a back breaker. Could be part Dems Biden effect, socialism will give free medication to sick people. Medicare for all? O pipeline and Gonzalez
raises guidance to $8.73-$8.83??
 












anonymous said:
We had a double beat and stocks down 0.85%. This is a back breaker. Could be part Dems Biden effect, socialism will give free medication to sick people. Medicare for all? O pipeline and Gonzalez
raises guidance to $8.73-$8.83??
Click to expand...

duh..... Sales of the company's best-selling drug Humira fell 5.6% to $4.446 billion.
 












Rick Gonzalez has no plan. His plan was Rova-T and Humira patent shenanigans. Rova-T crashed and Congress now preparing legislation aimed squarely at the Humira "patent estate." We are screwed. Time for a new leader who can get the stock up where it belongs so I can retire.
 


















anonymous said:
Rick Gonzalez has no plan. His plan was Rova-T and Humira patent shenanigans. Rova-T crashed and Congress now preparing legislation aimed squarely at the Humira "patent estate." We are screwed. Time for a new leader who can get the stock up where it belongs so I can retire.
Click to expand...

Ian Read from Pfizer should be your new leader and CEO. You’ll see immediate results and streamlined sales force.
 


















Abbvie just bought a pile of shit!!!!! And the leaders smell worse then that pile of shit.... good fu@king luck ! If it walks like a duck , talks like a duck , shits like a duck, it’s a fu@king duck ... BS of allergan has the pipeline that he fucked up , had the Ireland address for Tax purposes they should have made him look great but didn’t and still drove the stock into the ground. Abbvie bought Allergan for Botox ( to replace Humara 2023) . So not worth the bullshit ! Brent Saunders fucks the pharma world yet again!
 












WOW, ricky must be a financial genius......
  1. AGN for the last three years has increasing net income losses. With 2018 coming in at a loss of over $5 billion. Look @ the financials, 2018 was the biggest net income loss during the last 5 years.
  2. Combine that with total assets continuing to go down the last 3 years.
  3. Don't forget shareholder equity in a downward trend the last 4 years.

No wonder why the market is trashing rickys lack of financial judgement.
 


















Big Pharma won’t like Trump’s next move after rebate rule is abandoned 7/11/19
  • Pharma companies may be in the direct path of Trump’s next big policy push to lower drug prices after the administration abandoned a proposal that would have eliminated rebates from government drug plans.
  • Analysts say another way President Trump could make a push to lower drug prices is with a proposal announced last year that would allow Medicare to create an “international pricing index.”
 












Stock will peak to $90 and sustain that price for YEARS. Current $81.75 is good timing in relation to Allergan acquisition. Will we ever see $123 again? NOPE. Lucky I dumped 32,000 shares @ $115
Still reluctantly holding 8000 long for sentimental reasons and in case R/D discovers a wonder drug (yeah) !! Good entry point to make a little dough, then bail.
 












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