Okay why is the stock at a high?

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Anonymous

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What's going on?

I almost spit coffee all over the monitor every time I look and reflect upon all of the lies I hear while working, then see the jets over Indy and know for sure, deep down, those suits in first class are laughing and swilling champagne.
 






Anonymous said:
What's going on?

I almost spit coffee all over the monitor every time I look and reflect upon all of the lies I hear while working, then see the jets over Indy and know for sure, deep down, those suits in first class are laughing and swilling champagne.
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Because we have bought back 3 BILLION dollars of our own stock to keep the price high. We are hoping that investors won't notice and will keep buying it.
 




Anonymous said:
Because we have bought back 3 BILLION dollars of our own stock to keep the price high. We are hoping that investors won't notice and will keep buying it.
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How do they do it so quietly?

I've been out for over a year (and impossibly happy) but actually wonder why the company remains afloat. There is so much waste, so little science and medicine, just one big huge marketing juggernaut.

Where to find a press release about these buybacks... the endowment owns 12%.. has it been through the endowment?
 




Anonymous said:
How do they do it so quietly?

I've been out for over a year (and impossibly happy) but actually wonder why the company remains afloat. There is so much waste, so little science and medicine, just one big huge marketing juggernaut.

Where to find a press release about these buybacks... the endowment owns 12%.. has it been through the endowment?
Click to expand...


Seriously? I Googled "Lilly stock buy back" and came up with over 50 articles including the one below. Do you people EVER read the financial blogs? It's actually 5 BILLION not 3. Lilly has nothing but a bunch of worthless lemings working there now. No one thinks or reads for themselves anymore.

"Investors were less than enthusiastic Thursday to news from Eli Lilly executives about its drug pipeline and earnings projections.

Lilly leaders promised to cut costs if necessary to make 2014 earnings numbers and unveiled a $5 billion stock buyback.

Lilly says there are a record 13 new potential medicines in later stage trials and regulatory phases. However, the most recent rulings have not been in Lilly's favor and it's an expensive game.

"It is at least a billion dollars that is at risk for one product but that we should remember covers a lot of the failures as well," said Jan M. Lundberg, executive vice president of Science & Technology of Lilly Research Laboratories. "So if we could improve our success rate by applying the much better science and technology that is constantly evolving in the society, then we should be able to do it quicker and cheaper and actually then in a more consistent way."

But investors on Wall Street responded with a 3.4 percent drop in Lilly's stock price, closing down $1.74 at $48.80."
 




Anonymous said:
Seriously? I Googled "Lilly stock buy back" and came up with over 50 articles including the one below. Do you people EVER read the financial blogs? It's actually 5 BILLION not 3. Lilly has nothing but a bunch of worthless lemings working there now. No one thinks or reads for themselves anymore.

"Investors were less than enthusiastic Thursday to news from Eli Lilly executives about its drug pipeline and earnings projections.

Lilly leaders promised to cut costs if necessary to make 2014 earnings numbers and unveiled a $5 billion stock buyback.

Lilly says there are a record 13 new potential medicines in later stage trials and regulatory phases. However, the most recent rulings have not been in Lilly's favor and it's an expensive game.

"It is at least a billion dollars that is at risk for one product but that we should remember covers a lot of the failures as well," said Jan M. Lundberg, executive vice president of Science & Technology of Lilly Research Laboratories. "So if we could improve our success rate by applying the much better science and technology that is constantly evolving in the society, then we should be able to do it quicker and cheaper and actually then in a more consistent way."

But investors on Wall Street responded with a 3.4 percent drop in Lilly's stock price, closing down $1.74 at $48.80."
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You're surprised that our reps and management don't think and read for themselves? Have you been to a district or national meeting latley? Have you seen who works at Lilly now? We are the laughing stock of the industry, which is hard to be. We have hired people that Source Force wouldn't even take. We are one step up from McDonalds, Target or Starbucks (acutally a maybe on the Starbucks). We used to hire the best and brightest and now my doctors laugh about the quality of our reps and managers. This is one of several reasons that our company is falling apart. This job has become an embarrasement. A friend from college asked if she could ride along with me and I found an excuse to say no. That's how bad it is.
 








Anonymous said:
Seriously? I Googled "Lilly stock buy back" and came up with over 50 articles including the one below. Do you people EVER read the financial blogs? It's actually 5 BILLION not 3. Lilly has nothing but a bunch of worthless lemings working there now. No one thinks or reads for themselves anymore.

"Investors were less than enthusiastic Thursday to news from Eli Lilly executives about its drug pipeline and earnings projections.

Lilly leaders promised to cut costs if necessary to make 2014 earnings numbers and unveiled a $5 billion stock buyback.

Lilly says there are a record 13 new potential medicines in later stage trials and regulatory phases. However, the most recent rulings have not been in Lilly's favor and it's an expensive game.

"It is at least a billion dollars that is at risk for one product but that we should remember covers a lot of the failures as well," said Jan M. Lundberg, executive vice president of Science & Technology of Lilly Research Laboratories. "So if we could improve our success rate by applying the much better science and technology that is constantly evolving in the society, then we should be able to do it quicker and cheaper and actually then in a more consistent way."

But investors on Wall Street responded with a 3.4 percent drop in Lilly's stock price, closing down $1.74 at $48.80."
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but the stock is $60 now. Please explain. Is Wall Street that stupid?
 












Anonymous said:
And with the lay off they're going to buy billions more to raise the stock price.
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HR hack trying to make less intelligent reps think everything is ok. Sorry honey boo boo not working. People like you are the reason that reps don't work anymore. They lie about their calls and look for jobs all day. You unethical morons created this monster. Now live with it.

Signed......I don't give a f___ because I have a second career while I ride your gravy train (but my Epms are stellar so won't see me leaving anytime soon since numbers don't matter anymore. I just kiss your a__ and everything works out beautifully for both of us).
 








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