We have been camping for weeks, first in the Bighorn mountains in Wyoming, then in the badlands in South Dakota. I finally get the internets back and see that TC is being sold and the notes are being paid in full.
I was so wrong to sell off in the 50% of par range. I have not been right on an investment in years (sold my Claude at $0.95 and now it is $2.
Well, just want to log on to admit I was wrong. Hope you have a good rest of the year.
My last trades went through today and I am out of TC entirely (no stock, no bonds).
No reason to continue bugging you guys, so I am out of here.
*waits for cheering to die down*
Anyway, it has been a ride. I really hope all of you make your fortunes and have a great year.
There is the intensive case where you can say "I myself noted long ago..." Perhaps he just dropped the 'I'.
Is this really any more egregious than using there, their, they're and your, you're incorrectly?
Assuming that Do is really Ultra as some of us, I myself included, think.
I have dumped all my bonds except for a measly $20,000 now. So essentially I am out of the mining business.
My catalyst for re-investing in TC would be early onset Alzheimer's
I would give more weight if a CEO of a completely unrelated company were to predict such a crazy high price for silver. A silver company CEO bullish on silver....who would'a thunk it?
The market is NEVER right, the market just is. This is the same market that put Gilead at $120 a share just a short while back.
We have been camped out in our RV/sailboat after selling the house. I just got back in cell reception and see the 2019 bonds are selling at 58% of par! I still have $160k to sell after unloaded a lot at 43% of par a couple weeks ago. Hope everyone is doing well and having a safe Memorial Day weekend.
Back to fishing.
Just in a holding pattern right now waiting for data. There is not much to do until they have a few months with patients being treated at MDT. Unless they are secretly out there marketing the company for partnership or buyer, which we won't know until one morning we check the sticker and the stock is 200% higher. That is the beauty here. You are not going to log on and see the stock down another 50%, but it is very likely that one day in the next year or two you will log on and see it 200% to 1000% higher.
They do have a pipeline of other drugs and the cash flow from HCV makes them worth much more than pre 2014 levels. $100 was a fair value for a slow growth high cash flow stock, $80 is very very oversold and they would be silly to not buy back the stock at that price. Leave the last few shareholders holding the entire company and massive profits.
Amgen down 2% today.