Friday, September 26, 2008

One Trend-Buster: A High-Flying Pharma Sector Stock -- Vertex -- on Hep C Candidate-Trials. . . .




. . .Meanwhile [as Merck prepares to let us all know how much the woes of Vytorin/Zetia will affect it (and Schering) in the future], Needham Securities just this morning upgraded Vertex to a "Buy" -- from "Hold" -- and Vertex is up another almost 5 percent today, trading at $34.50, as I write this. That bumps the post-public secondary offering gain (priced at $25.50) to almost 36 percent in eight days. Wow.



Sweet! -- add about 20 percent -- to the above chart, for Vertex. [The background -- on this action -- is here.]

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