Portola: A Strong Earnings Report That Foretells Much More Fortunes [Seeking Alpha]
PORTOLA PHARMACEUTICALS (PTLA)
Last portola pharmaceuticals earnings: 2/26 04:01 pm
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US:NASDAQ Investor Relations:
investors.portola.com
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Source: Seeking Alpha
Summary We both insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think. So Warren and I do more reading and thinking and less doing than most people in business. - Charlie Munger Our philosophy is embedded in opportunistic investing so we are excited in a bear market due to the bargain stocks that are available. In our continuous search for investment opportunities for Integrated BioSci Investing members, we found another company, Portola Pharmaceuticals (NASDAQ: PTLA ), that is trading significantly below its intrinsic value. Portola recently reported its third-quarter earnings results which induced a rally. Specifically, the stock traded $4.08 higher to $23.14 for over 21% profit. The revenues and bottom line earnings improved substantially. In its early commercialization, the lead approved molecule (Andexxa) is already delivering highly promising sales. Nevertheless, Portola i
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