a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
kleinbl00  ·  3162 days ago  ·  link  ·    ·  parent  ·  post: The chart conservatives *have* to debunk

Exactly this. So long as I add value to the shareholders I'm an f'n genius. War:

2900 layoffs, R&D department shuttered at Amgen

Amgen to close Onyx Pharmaceuticals

Amgen, bowing to hedge fund pressure, to cut 1100 more jobs

Looks kind of like a stock in trouble, right? But check out this morning's Seeking Alpha:

Amgen: Solid value with buyout potential

Yay! You laid off 4500 people, shuttered your R&D campus and are struggling to stay alive but you're a "solid value!"

Sustainable? Who gives a fuck about sustainable? P/E, baby, P/E! EBIDTA EBIDTA EBIDTA!