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Strata Skin Sciences, Inc. Message Board

  • teragr50 teragr50 Aug 4, 2011 11:14 AM Flag

    Are you busy social butterflies busy

    accumulating stocks today or just standing by and waiting?

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    • <<accumulating stocks today or just standing by and waiting?>>

      ******************************


      I saw this drop coming back in early July and posted here about it. At that time, I sold off well over a million in holdings including a $600K block of TEVA at $49.50. Good call as the stock has tanked since then. I thought about buying back in again however, I wish to get a better handle on Big Pharm's thinking about going the generic route on their own.

      I believe that we still have a ways to go with this correction (and it may not happen all in one downward plundge)and so, I am a bit at a loss about what is actually cheap at this time.

      I did just pull the trigger on a $50K purchase of WM. Other than that, I have not been a consumer.

      Any ideas?

      I am keeping a ton of money in cash right now and looking to purchase a small apartment building. the only problem I have been having with that is that current sellers have some kind of weird idea that their properties are worth far more than the market at the moment. Go figure that one.

      And so........... here I sit. Waiting.

 
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