GILD is now 33% of my IRA account, and I'm 64 years old. (yikes). Really out on a limb now. Best value I can find anywhere. Reduced my cost basis down to 92.27.
Knocked it from the low $20s down to about $17. A few years later they were bought out for close to $100. Ignore their lies and fabrications.
Am almost 50% in cash. Largest trading position is GILD with a slight profit at the current price. Still VERY cheap on fundamentals and it seems like the sentiment has gotten a little more positive lately.....or at least not so negative. Could surprise when they report EPS.
US...........about 90,000 cases.....one person in each 5000. More prevalent in Black and Hispanics.
WORLDWIDE......about 3.2 million cases with about 80% of them in sub-Saharan Africa. Also prevalent in India.
........caused about 176,000 deaths in 2013.
Actual cash loss in Q 1 was about $7.1 million. Ended Q 1 with $138 mil of cash. They also said they expect to end 2016 with cash in the range of $123 - 143 million.
Point is.........they could easily do some "bolt on" acquisitions. Acquire products from other companies that fit into their areas of expertise. Lots of good uses for their cash hoard. Just hope they don't spend it unwisely.
Has risen about 40 cents in the last month, in a flat overall market. Rather strange action for this type of CEF. Decided to take the sidelines for awhile. Am about 67% in cash now.
The title of one of my Yahoo Finance Portfolios. Have had about 16 stocks on this list for over 6 months. Now 7 of them have gone bankrupt or are in some type of reorganization........There are many others in this same situation.
Have traded several of these over the past few years. Some gains and some losses. Have managed to not be caught holding any of them when they declared BK.
I'm holding both. THW has the Global bend in its portfolio. Holding are about 58% US based, 17% Ireland, and MOST of the rest scattered throughout Europe. The foreign holdings are mostly the big pharma and biotech companies. Not much small cap stuff.