In June of 2015, GILD reached $121. It has puled back to $74 and change. That's a heck of a haircut of about 38%.
Per Ben Levisohn in an article dated 10/20/16, a Piper Jaffray analyst, Joshua Schimmer, says that Gilead Science has released some results from the Phase 2 trial of its NASH treatment, saying that they are "far from compelling". NASH is an acronym for "nonalcholic steatohepatitis". Despite this GILD is up almost 2% thus far in today's session.
I guess INTC stock took that hit today, even though there was an upgrade, due to company fourth quarter revenue guidance being lower than expected (15.7 billion versus 16.1 billion).
I note that my big loser is up about 4% thus far in today's session. FTR did get an upgrade from Zacks (big deal), but to my knowledge no major house has upgraded it to cause such a pop. The advance seems to be a bit much for a "dead cat " or technical bounce. Does anyone know what may have caused the move? Thank you in advance.
My subscription ran out last month with them. They wanted to stick it to me by raising the rate for the next 12 months up to $225 from $177 (not much of a reduction from the news stand price of $5 an issue). This was in retaliation for me threatening to call the Massachusetts attorney general on them a year ago. Bar*ron's tries to operate like a cable or telecommunications company, as far as what they want to charge a subscription customer. The longer you are with them, the more they want to stick it to you. Anyways, they are running a promotion right now for NEW customers of $52 for a year. My neighbor who has minimal interest in business and finance has been kind enough to become a new customer of Bar*ron's. Ha! Ha!
With the big election day rapidly approaching, I thought it relevant to secure the most recent opinions of other posters regarding the two major candidates. The question is:
****** Which of the two bozo candidates is the least f'd up?******
In responding, consideration should be given to only the very relevant variables such as deceit, dishonesty, prevarication, lousy judgment, perversion, and insanity. Thank you. (I have recently decided to probably not vote for the first time in my adult life, as I am now finding both of them to be repulsive. If someone out there thinks that the topic I am addressing here is not relevant, he/she is wrong. The future of our great nation is regrettably at stake.)
The dividend should be safe. The FCC plans are not nearly as detrimental to FTR and CTL as originally feared, according to Barry McCarver of Stephens. This was reported to the Wall Street Journal.
Stephens analyst, Barry McCarver, told the Wall street Journal that the FCC's rate reduction plans for broadband data services would cut revenue less than ten million dollars in 2017 and less than twenty million in 2018 and 2019. That is less than what was originally feared by many. Worry about a dividend cut now diminishes. Per McCarver, "Regulations are not nearly as bad as anyone thought they were going to be."
Hello wisejman. Just wondering, what stock(s) are you long on at this time? Since the 4th quarter has been favorable for the markets historically, is there anything you like at this time? Thanks in advance.
Good luck with the new home, Phil. A man's home is his castle. My wife used to go hog wild purchasing new furniture whenever we moved.
Regarding GILD, I still have not purchased any yet. The short term indicators for GILD aren't very pretty right now. None are saying "buy", 2 are saying "hold" and 3 are saying "sell". I'm gonna wait some more before buying. I see that Spirit Airlines is up to $42.20 this afternoon. I still have 2,000 shares of FTR. Big disappointment thus far. FTR dividend payment date is tomorrow.