MB said 68m "off the mark". Linguistically, would he have called 58 or 78 from 68 off the mark? I don't think so. So I would say it's 20 or more "off", which would make it either less than 48 or greater than 88. Now, which end is more likely?
Thanks to Superann:
My two bobs worth.......a good sign that MB has bought some more...it would be even better if a few of the directors stocked up a bit as well.....perhaps he is sending a message in the only way that he can.....J&J might be a huge company and they tried it on for sure....but they would not want an announcement put out that they just coughed up 100 million in a settlement...it would have to hurt their share price..at least in the short term...
the days of rapid rises to the likes of $5-00 are behind us.....I'm with Jarm....if you can afford to.....put it in the bottom drawer....it might....just might.....be a really good earner one day....might take a couple of years but the potential is there.....
if you are smart enough..then trade it....but perhaps the volatility has gone out of it now......as Jarm says...they do have enormous potential...and as a previous post said...I would rather they spent the money wisely in an attempt to grow than satisfy a short term need for shareholders to get some quick cash....
if you bought in above the current share price (I did)..then that is unfortunate...if you can afford to hang in there....it might pay handsomely one day.......
PTD
unknown
MB said 68m "off the mark". Linguistically, would he have called...
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