MotleyFool – Forget retail short-sellers and angry message board posters, Big Pharma has a much bigger concern on the horizon: hedge funds.
I know what you’re probably thinking, “Haven’t various hedge funds already been betting against Big Pharma stocks from time to time?” The answer is yes. The primary method of discrediting a pharmaceutical company for decades has been to focus on increased competition, weaker earnings, pipeline problems, or any number of fundamental or technical metrics. However, one hedge fund has a completely new strategy meant to chop down Big Pharma at its knees and potentially drive down stock prices for their own benefit.