Kak,
You couldn't be any further on point.We would all be ecstatic if P3 was announced.
However Maxim Groups initiating coverage on TEVA (thanks Vinny) and its comment on MSB is a positive and IMO must have been agreed to with the blessing of Levine.
TEVA shareholders for the 1st time may have become aware of the pending start of the P3 trials (welcome news in my view ).
What's occurred over the last 20 months(October 2011 - the report that started it all) has been a test of stamina and resolution. To me, my judgement was validated back in March 2013 with the $170m deal that tool place at $6.30. ( I dont see it as a capital raising but rather a deal that took place - albeit it did not occur with a Pharma).
These investment outfits did a deal with Mesoblast to make money. And when these companies do a deal (looking back at M&G's deal @ $1.70 on 10 May 2010) , there not looking at just a 40-50% return. In my opinion, there would need to be the expectation for a re-rating of the stock that would make there investment worthwhile(e.g CEPH deal taking place on 7 Dec 2010).
So I just wait for the next catalyst - and based on various analyst reports , there are a number b/w now and end of Calender 2013.
As always please DYOR.
Good Luck to all.
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