All the govt. talking heads are going to crucify MYL till it's in the 30's.....then I'm going to back up the truck and buy with both hands....this will be a x-mas gift .
Yesterday's and today's volume and price strength leads me to believe a bid over $26 is right around the corner.....
......the shorts will have trouble sleeping tonight.....over 8,000,000 crossed the tape today, unusual to say the least, with no news to cause the spike that I can see.....did I miss something?
" facet about it "..........Mylan is a great worldwide generic powerhouse and will overcome this short lived ' problem '.......by election time no one will be talking about the Epipen.
A great buying opportunity is being created as each day passes.....as more and more stop losses are triggered we'll move quickly to the mid to lower 30's.....this is not like Valient with about 30 billion in debt......most of the smart shorts sold in the 40's.....they'll cover in the low 30's when this all blows over.....just my scenario.
OptionMonster, on Wed. 8/31, scanned a buy of 14,299 April 4.50 calls in one print for 0.68......very interesting.
If we maintain 1300's ( or more ) into 2017 with our cost in the 800 to 850 range and C1 Santa Luz and Cerro Morro coming on line and the Brio division holding strong.....we should be solid......of course it would help if the dollar stays soft and interest rates stay low.
....I'm doubling down.!!