Thanks......Good read. Was funny this morning to see Josh Ernst trying to make it sound like it was a "decent" report. Chisel Obama into Mt. Rushmore.....upside down.
ICPT just sitting out there with a new approval in hand, waiting to be snatched up by someone. Current market cap about $4 billion. Liver disease treatment......right up GILD's line.
Kel..................holding both GILD & ICPT...
So, is it he stock's fault you lost money on it, or is it yours? Worth following losers for awhile to see if you can figure out where you went wrong.
Was actually looking at it today as it was mentioned on another board. Pretty impressive that they're doing close to $45 million a year in manufacturing (probably low margin) revenues. Pipeline looks long term at best.
Will hit the market running. Source.....the June 1 press release.
Kel.................bought ICPT Wed. @ 151.67 and hold for a big buyout by probably GILD..
ICPT doing well again today. If it gets bought out, it will likely be well over the $200 level. Just my opinion.
Always @ 10:30 AM Eastern..... CNBC usually comments on it within 5 minutes of the report.
Kel............holding UNG from 6.58
Didn't see any strikes that high. So, you're looking for a BO at over $300 by June 17th. Very aggressive.
Kel...........holding ICPT as of today @ 151.67
Is the ALR deal officially dead? Lawyers are lining up there and their books are a mess. Am long ABT @ 37.70 for a LT hold.
Bought some ABT a few weeks ago @ 37.70. It looks like they're trying to extract themselves from the ALR (Alere) acquisition. Apparently ALR is having some problems filing financial statements. Will have their hands full anyway with the STJ (St. Jude Medical) acquisition. It's expected to be acretive to EPS in '17 and '18. Will need to do a share issuance though. Deal is for $25 billion cash.
Did nibble on some ICPT today around $151. Just got a big FDA approval and it looks like a likely takeover candidate by perhaps GILD and a few others.
Have stayed away from BDCs for several months now.
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.
There will come a time when the rallies don't fail. There'll be no notice of when / which rally that is. This could be the one to hold. Fundamentals are shifting below our feet, moving gradually in the positive direction due mainly to production cutbacks by producers. I intend to remain a holder of UNG. Got in @ $6.58 a few weeks ago. Normally I'd be a trader of UGAZ, but chose UNG this time as I fully intend to stick with the long position for quite awhile.