Not getting on your case (forgive the pun), but part of life is making decisions, and taking responsibility. I am primarily an alternate investor, and can only marvel at the number of paintings I sold that went up many multiples (some 100x the value I sold them at). Never have regrets, but do get smarter (at least that is how I try to live my life).
There are actually alot more cases than you suggest (almost like watching "Deal or no Deal.")
Lots of drugs to buy and add to the portfolio - each with its own unique earnings potential. FA on Actimmune alone should be worth more than the entire current portfolio come 2017 (but we'll kinda know in 2016). Pennsaid at D/V (don't use those letters in reverse) prices. Tax benefits of single digits, PME for all drugs. Lots of etc's here but we don't even know the questions to ask yet, as they are still adding ingredients to the soup (and it will be awhile till be can start really tasting it).
Don't know why you bring up your trade into HZNP and losing potential gain from the stocks you sold. Not being unsympathetic but really has nothing to do with anything.
We got thru the uncomfortable inversion process. Hopefully the market will see that was a good move somewhere down the road.
We're still being punished by the street due to the exclusion announcement.
Best case scenario is that come May TW will be proven right and the exclusions were much to do about nothing. In addition, the other drugs in the stable will show solid growth.
Next best case is that the exclusions had a bit of a negative effect but the other drugs more than picked up the slack.
I really only see those two cases. The problem is the street needs the uncertainty removed before this stock reaches new highs.
I'm slightly impatient because I sold 20,000 shares of a stock in the low 20s to buy 40,000 shares of hznp slightly under 12. The stock I sold is now in the mid 60s. Obviously I would love to see hznp in the 30s sometime in the next 12-18 months.
Merry Christmas to you too, jack. Been awhile. Hope you're doing well.
2014 is a great year for stocks and hznp is the top dog. I have to admitted I took profit too soon however it have been a fun ride. Mery Christmas and happy new year to all.
We would have probably gone up yesterday also (18th), but they were settling the conversion stock which likely distorted things a bit. Very nice volume today (one of only 2 3M share days in 4 months).
weekly chart is very bullish now after today.
my sense is barring market meltdown next week, we will grind up next two weeks into $14's. with good Rx in Jan-Feb, we should be $15's and base until ER and/or acquisition news, etc.
IF market is still bullish. It has gone up 800 points in 3 days. a bit overly done. IBB new all time high today but low volume.
Monday is key - market needs follow through. if we don't, I suspect we re-test high 12s and low 13's again.
but sooner or later, I think we will hit 14 within next days/week