General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSanders tweet causes drug company to lose $400M in a day
Drug corporations greed is unbelievable, Sanders tweeted.
Shortly after the tweet, Ariads stock lost 15 percent of its value or $387 million dollars its biggest intraday decline in over a year, according to Bloomberg.
http://thehill.com/blogs/blog-briefing-room/news/301128-sanders-tweet-causes-drug-company-to-lose-400m-in-a-day
~~~Now that is some POWER! You go Bernie! ~~~
PoindexterOglethorpe
(25,873 posts)alfredo
(60,075 posts)liberal N proud
(60,339 posts)alfredo
(60,075 posts)ehrnst
(32,640 posts)napi21
(45,806 posts)Bernie, get them fingers going! You probably didn't realize just how much power you have!
Glassunion
(10,201 posts)SamKnause
(13,108 posts)SammyWinstonJack
(44,130 posts)Delmette
(522 posts)Now, go after the rest of them.
Marie Marie
(9,999 posts)ancianita
(36,130 posts)sarge43
(28,942 posts)Snarkoleptic
(5,998 posts)There will be an unwinding of the control the corporatocracy has over our government and, by extension, our day to day lives.
MineralMan
(146,324 posts)As a Senator he is an independent. How will he become Majority Leader do you suppose?
ananda
(28,873 posts)..
MineralMan
(146,324 posts)Governance is about reality, not dreams. Sorry.
Snarkoleptic
(5,998 posts)At the very least, his political power will be drastically increased.
Jim Beard
(2,535 posts)which one.
ehrnst
(32,640 posts)But I think you will be disappointed.
Snarkoleptic
(5,998 posts)I've heard that Paul Ryan is irriated that it seems likely Bernie will head up the Senate Finance Committee.
I have high hopes of Elizabeth Warren as well. Time will tell.
Feeling the Bern
(3,839 posts)MagickMuffin
(15,950 posts)I haven't heard one way or the other. Do you have proof he is still an independent?
ehrnst
(32,640 posts)Jim Jeffords changed his affiliation to Independent for the remainder of his Senate term and that made huge news.
Not hearing any news of Bernie changing his affiliation for his Senate term.
ehrnst
(32,640 posts)but serves in the Senate as an Independent....
Still have no idea how he's ever going to be Majority Leader.
Glamrock
(11,802 posts)but it won't happen. He's an independent.
zentrum
(9,865 posts)TonyPDX
(962 posts)Thieves.
Raine
(30,540 posts)womanofthehills
(8,751 posts)I love Bernie too!!!
forest444
(5,902 posts)They ain't seen nothing yet, the degenerates.
lonestarnot
(77,097 posts)mountain grammy
(26,642 posts)good for them. Hope the CEO and others at the top take a hit.
klook
(12,162 posts)I didn't see that mentioned in the article. If that's the case, this is even bolder than I originally thought.
Or do you mean that Bernie has friends who own stock in general? (Not just this company.)
mountain grammy
(26,642 posts)klook
(12,162 posts)Do I understand correctly that you're accusing Bernie Sanders of aiding and abetting insider trading?
If that's not your assertion, I apologize. If it is, you might want to provide a source, a link, or any sort of credible backing for that claim.
mountain grammy
(26,642 posts)klook
(12,162 posts)Response to mountain grammy (Reply #21)
Post removed
mountain grammy
(26,642 posts)is it not possible for you to just ignore it? But whatever makes you smile.
Jim Beard
(2,535 posts)mountain grammy
(26,642 posts)Response to mountain grammy (Reply #33)
Post removed
riderinthestorm
(23,272 posts)Equinox Moon
(6,344 posts)We will take it wherever it comes.
Feeling the Bern
(3,839 posts)Feel the Bern!
stopwastingmymoney
(2,042 posts)Its' shareholders lost 400m in value, which will probably be back within a few months, or less
Vinca
(50,300 posts)Gary 50
(382 posts)Ariad has one approved drug, Iclusig. It's a cancer drug with a very small target patient population. It is the second or third line of defense when other drugs fail. The company is losing money. The cost of developing new drugs is unbelievably expensive. Ariad was a bad example for price gouging even though 200,000 sounds outrageous. I also own Valeant pharmaceuticals. They bought a drug from another company and raised the price from 995 to 27,000 for treatment. He should have named Valeant. HIs point that the top drug companies make billions and pay their chief executives tens of millions a year is valid. His example of Ariad as a bad actor is wrong. Did I mention that I still love Bernie? Eleven thousand dollars is a crushing loss for me. Feeling the burn from Bernie.
woolldog
(8,791 posts)George II
(67,782 posts)...that caused it?
The price had already dropped more than 7% during the week.
retrowire
(10,345 posts)YOHABLO
(7,358 posts)It's time to take the greed out of saving people's lives.
Initech
(100,097 posts)TryLogic
(1,723 posts)I doubt it.
Equinox Moon
(6,344 posts)Jopin Klobe
(779 posts)... "pricing based on a range of factors, including efforts to make sure that pricing appropriately reflects the benefit the therapy delivers to patients and to the health care system." ...
... what an entertaining scene ...
... dancing on tip-toe, trying to reach the medicine ...
... while you're dying of leukemia ...
... let's all hear it for CRAPitalism ...
Equinox Moon
(6,344 posts)packman
(16,296 posts)Yes, I know - the truly , truly rich. But does that mean, in one former Congressman's words, "Hurry up and die"? What a thing to do to present this to a family whose child may be dying of leukemia.
Peaches999
(118 posts)I know you're not accusing him of this, but his goal only is to make sure drugs continue to stay affordable. Call me paranoid, but I would not put it past the right to accuse Bernie and other senators of market manipulation, especially in the next Congress.