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Mylan, Inc. Message Board

  • What a freaking lousy stock to own. I can't sell now because it would be too much of a loss. I bought 5000 shares at 16.42. I was hoping to sell at 16.52 and buy a taylor made r/7 driver. It looks like I'll have to wait until next year sometime.

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    • IMO it will be a great trading stock until well into 09. 010 before anyone knows how good or bad the deal is. Til then IMO it will be a roller coaster. Good trading$$$

    • Top job, I like your style. You remember Myl prior to 2003.
      when shareholder value was delivered, now thats history.

      Coury has done well while shareholders value declines.

      Coury must go.

    • Dude, just chill; this is the least risk and best return you'll find right now. Everything from what I'm seeing in every sector is fairly valued. This is the best part about owning a stock that everyone hates and has been getting sold seven ways to sunday for the last 8 months for no great reason. The last ten earnings have beat the street reguardless of what the street thinks of Coury. The king deal still has left a sour taste but this company has been showing the growth in earnings after earnings. The recent numbers from the Merk deal look pretty good to me. Anyone dispute that? Serno is the only thing that look crappy, and that wasn't included in the deal anyway. Get yourself that 16.85 tomarrow @ 9:31 and get yourself that club. "Good trading"

      • 1 Reply to dft39
      • Sure, generally acknowledged that MYL over paid for the division. They did it at a time when dollar was low so they even lost money on the currency protection contracts. The stock is down 35% since announced they were going to bid. most since they won and they announced price paid.

        They also were going to issue another 200 million shares to pay for it but that now is probably closer to 300 million based on current stock price. Interest on purchase will be close to 500 million/yr pretax until they issue shares.

        They will write down everything but kitchen sink this year ensuring an overall loss this year.

        Next year Dec. 09 they will be lucky to earn $1.00 pershare and my personal bet would be closer to $0.50.

        And worst of all, you have someone with limited mental capacity and no large company/international experience running the company.

        I am a buyer in spite of Coury (something I swore I wouldn't do) at below $10/sh. And yes it will get there.

        mark

 
MYL
48.68+0.08(+0.16%)4:15 PMEDT

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