Friday, September 11, 2009

Shire Set for $50 Million Windfall on Demand for Gaucher Drug

That is a headline from Bloomberg
http://www.bloomberg.com/apps/news?pid=20601109&sid=auDOvthHzLnA.

They unfortunately forgot about Protalix (PLX)
Shire is a $52.45 a share stock and a market cap of $9 billion.
Protalix is a $8 a share stock and a market cap of $500 million.

To get to Genzyme's $16 billion market cap would be a 100% gain for Shire.
To get to Shire's market cap would be a 1000% gain for Protalix and to get to Genzyme's level from there would result in a 3,000% gain. (all figures are approximate)

So which stock would you want to gamble with?

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