Endo International plc ENDP
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Hopefully this is an all district settlement that the 4 companies did. If yes, ENDP will fly high today.
It looks like they are looking more from Purdue according to NPR.
Strange no news on settlement. Was expecting some update today ......
$MNK $ENDP $TEVA Thank you folks for all your comments. You are boldly contributing to my trading education and success. And M5IVE on other subjects as well... Thank you for you unleashed comments and humour.
I come from a field which I initially thought had nothing to do with trading and finally discovered has everything to do with it, which is psychology. Apart from knowledge and information, successful trading is about emotion and stress management, and being aware of your decision process. But as experienced traders you must have realized that a long time ago.
Those discussion groups also brought back a fundamental conclusion: alone, we are nothing. Thank you all.
Did some profit taking yesterday by reducing my position by 10K shares just in case
Prior to market open the news will be out about settlement. Lets hope for the best.
Law360 Health HEALTH
Wednesday, October 16, 2019 Follow Health Law360
BREAKING: J&J, Teva, Distributors Float Deals Worth $50B To End Opioid Cases
Major drug manufacturers and distributors are proposing deals that could be worth a combined $50 billion to resolve large portions of nationwide litigation over pharmaceutical industry liability for the opioid crisis, according to a source with direct knowledge of the offers.
Two full days left before the trial starts on the 21st. Confirmed settlement news should be coming out soon....
Stock will run to $8 after official settlement announcement and to $10 after earnings. Keep it long you will make a lot. Once the Opioid situation clears this will run high in 2-3 years.
