Politics Bernie Sanders tweet causes drug company to lose $400M in a day

Discussion in 'The Howard Stern Show' started by dawg, Oct 15, 2016.

  1. dawg

    dawg In The Dog House Staff Member

    Reputations:
    559,399
    Joined:
    Aug 19, 2010
    Messages:
    121,214
    Likes Received:
    94,670


    A tweet posted to Sen. Bernie Sanders’ (D-Vt.) Twitter account on Friday afternoon caused the stock of a pharmaceutical company to crash, costing the company millions of dollars.

    Sanders told his 2.6 million followers that Ariad Pharmaceuticals Inc. had raised the price of its leukemia drug “to almost $199,000 a year.”

    “Drug corporations’ greed is unbelievable,” the Vermont senator tweeted.

    Shortly after the tweet, Ariad’s stock lost 15 percent of its value — or $387 million dollars — its biggest intraday decline in over a year, according to Bloomberg.

    The drug mentioned in Sanders tweet, Iclusig, helps to treat a rare form of leukemia, and has indeed seen its price raised four times this year alone, to $16,000 for a 30-day pack.

    http://thehill.com/blogs/blog-brief...eet-causes-drug-company-to-lose-400m-in-a-day
     
  2. Wood22

    Wood22 Member

    Reputations:
    373
    Joined:
    Jan 28, 2016
    Messages:
    51
    Likes Received:
    72
    I hope the company sue his ass...
     
  3. the G-man

    the G-man Well-Known Member

    Reputations:
    52,868
    Joined:
    Aug 22, 2015
    Messages:
    4,887
    Likes Received:
    11,742
    I hope a lot of retirees or near retirees didn't have the company stock in their retirement portfolios.
     
  4. oski

    oski Jump For Cock

    Reputations:
    -35,164
    Joined:
    Dec 8, 2014
    Messages:
    10,251
    Likes Received:
    6,375
    What a faggot
     
  5. Gusbuss

    Gusbuss VIP Extreme Gold

    Reputations:
    54,007
    Joined:
    Jan 16, 2012
    Messages:
    4,394
    Likes Received:
    3,550
    Good for him
     
  6. dawg

    dawg In The Dog House Staff Member

    Reputations:
    559,399
    Joined:
    Aug 19, 2010
    Messages:
    121,214
    Likes Received:
    94,670
    For what? He tweeted a link to a news article. You have a problem with free press and speech? Of course you do, why bother asking.
     
  7. Calloused Shins

    Calloused Shins Well-Known Member

    Reputations:
    89,873
    Joined:
    Oct 17, 2014
    Messages:
    5,916
    Likes Received:
    9,941
    I know what stock I'm buying monday
     
  8. Bye You!

    Bye You! The n word guy Gold

    Reputations:
    340,177
    Joined:
    Sep 3, 2010
    Messages:
    79,569
    Likes Received:
    41,543
    Why is this a problem? Doesn't everyone have wonderful insurance under this administrations laws? Much ado about nothing. :coffee:
     
  9. Shivvy

    Shivvy Well-Known Member Banned User

    Reputations:
    238,070
    Joined:
    May 23, 2011
    Messages:
    124,183
    Likes Received:
    45,099
    Libs are so irresponsible
     
  10. Obi Drunkenobe

    Obi Drunkenobe VIP Extreme Gold

    Reputations:
    42,844
    Joined:
    Jan 15, 2012
    Messages:
    12,597
    Likes Received:
    3,786
    I don't think you can be sued for telling the truth.
     
  11. Punctured

    Punctured Well-Known Member

    Reputations:
    22,094
    Joined:
    Sep 22, 2015
    Messages:
    1,621
    Likes Received:
    2,101
    Right, not the pharmaceutical companies.

    That is how a REAL politician works, for the people, not the companies.
     
  12. dawg

    dawg In The Dog House Staff Member

    Reputations:
    559,399
    Joined:
    Aug 19, 2010
    Messages:
    121,214
    Likes Received:
    94,670
    You dont mind paying 700 dollars for a Tylenol? Good to know you dont mind price gouging. You must be really rich shitty


    I want to be just like shitty when i grow up.
     
  13. Shivvy

    Shivvy Well-Known Member Banned User

    Reputations:
    238,070
    Joined:
    May 23, 2011
    Messages:
    124,183
    Likes Received:
    45,099
    I can afford it
     
  14. Gusbuss

    Gusbuss VIP Extreme Gold

    Reputations:
    54,007
    Joined:
    Jan 16, 2012
    Messages:
    4,394
    Likes Received:
    3,550
    Drug price should be the same for everyone. Single payer health care please.
     
  15. Dorb

    Dorb Lovable Old Pig VIP Gold

    Reputations:
    224,810
    Joined:
    Sep 18, 2012
    Messages:
    21,887
    Likes Received:
    22,894
    Does cost a lot to develope these drugs but these prices are just pure greed.
     
  16. oski

    oski Jump For Cock

    Reputations:
    -35,164
    Joined:
    Dec 8, 2014
    Messages:
    10,251
    Likes Received:
    6,375
    I love when you claim to be a conservative.
     
    jake206 and KDK12 like this.
  17. dawg

    dawg In The Dog House Staff Member

    Reputations:
    559,399
    Joined:
    Aug 19, 2010
    Messages:
    121,214
    Likes Received:
    94,670
    And i love when you claim that you dont hear voices and wear diapers.
     
  18. oski

    oski Jump For Cock

    Reputations:
    -35,164
    Joined:
    Dec 8, 2014
    Messages:
    10,251
    Likes Received:
    6,375
    You have any idea how few drugs even get approved in this country? If you want new drugs, you have to compensate companies for the risk they are taking.
     
  19. oski

    oski Jump For Cock

    Reputations:
    -35,164
    Joined:
    Dec 8, 2014
    Messages:
    10,251
    Likes Received:
    6,375
    K
     
  20. Patron

    Patron Well-Known Member

    Reputations:
    9,444
    Joined:
    Feb 28, 2012
    Messages:
    2,166
    Likes Received:
    1,832
    Doesn't Obamacare cover pick up the tab?...what's the problem?
     
    Bobby Axelrod and babybear like this.