Apr. 24 at 5:15 PM
$LLY its all about Foundayo and pricing pressure!
-
$NVO acted smartly, earlier launch, agreement with
$HIMS , agreement with Trump. They knew that last year's prices were too good to last.
-
$LLY have headwinds! Foundayo is synthetic, over priced and with the fda asking for a trial with respect to liver injury that leaves it too clouded, cloudier than a latte!
Valuations will become realistic, same what happened with Novo's share price last year will happen to Lly's share price.
PE has to come down, and in very near future, only way, a 550 USD share price.