I am always serious (or at least nearly so and definitely in this case) about financial matters ... however, I will admit to ignorance regarding short term (puts & calls) transactions ... my portfolio (for over 20 years) has about doubled the historic market growth of 10-11% annually using a proven long-term investment analysis approach ... could I do better with a shorter horizon? ... perhaps, but what I am doing works very well and does not require me to be watching my investments on an hourly basis
butchercherry ... no point in my telling you how many shares I have as you would not believe what I said ... and I am nowhere near Warren Buffett levels ... but I own significantly more than 50 shares ... I'll hold on to them until such time as this deal seems certain (if it does reach that) and sell just before or after, or if the deal does seem likely sell when the market seems to have bottomed out OPK to make an after-deal trade less attractive
Well ... "OPK is much higher in 5 years than BRLI" ...I certainly hope we all get to test that judgment ... since the only way one will be able to compare BRLI and OPK in 5 years will be if this deal does NOT go through ... works for me
Well, you can believe this or not (you won't) ... but mys spouse and I retired nearly 17 years ago ... total income from pensions at that time (neither eligible for SS) in the neighborhood of $24K annual ... only way we could do so was from our investments ... so I guess we are doing something right ... market grows at 10-11% per year ... our portfolio (over last 20+ years) about double that ... so, if you don't mind (or even if you do), I'll ignore your evaluation of my ability as "an analyst OR investor" ... as for the "his patients", that is an interesting an very telling comment of your ignorance - first, it assumes I am male; and second, it assumes I am a medical 'doctor' ... I am not marginally interested in clarifying either point for you
All the discussion about future potential is interesting. In some ways, it is why one purchases a stock. OTOH, there is something to be said for PERFORMANCE (in investment that translates to profits). Thus far, the OPK team has NOT shown an ability to do that. IF the deal to acquire BRLI goes through, maybe they will (based on what BRLI brings in) manage to turn a profit. However, why anyone owning BRLI would want to give up a profitable investment on the bet that OPK management can do better (in view of their track record) is beyond me. I have owned BRLI about 3.6 years and its stock price has grown at a 16.8% annually over that time - certainly not the best in my portfolio, but respectable. Its historical (10-year) sales and EPS growth rates have been 20.5% and 22.4% respectively. That is a PROVEN record. Not some fairy tale dream of what might happen based on someone's name or a 'pipeline' that may or may not translate into something real.
What it is saying is that IF the deal had closed at yesterday's closing price ($19.12) for OPK, the value of a share of BRLI would be $52.58 (i.e., 2.75 x 19.12) ... I will be voting my shares against this. However, although I project BRLI in the neighborhood of $86 in five years, if it gets close to that $52 range soon, I'll likely sell on the theory I can do better elsewhere and on the certainty that I can NOT trust the management of a company that has yet to turn a profit to know how to handle BRLI
You call them cockroaches ... I hope they succeed ... as a long term investor, I have ZERO interest in owning shares of a company (OPK) whose management has NEVER managed to turn a profit
"no way the lawyers stop this deal" ... you may well be correct in that assessment ... However, there is a great deal of difference between stopping a deal and changing the ultimate payout to BRLI owners (and hence the final value to OPK) ... as a BRLI owner, I will vote against this as I have zero confidence that the management of a company that has NEVER managed to turn a profit will do so in the future ... I am a long-term investor (as opposed to a day-trading speculator) and am not willing to 'bet on the come'
Well, I agree with part of your statement. If you are a day-trader or other short term market player, you will make money or not. As a long term investor (as opposed to player), I have no interest in owning ANY stock that has never earned a profit. OPK's stock price growth is impressive, but it has grown by folks 'betting on the come.' I have no room in my portfolio for more speculation. I will be watching this carefully; but at present will be voting my shares AGAINST it. My last (mid-March, price $35.24) full analysis of BRLI projects a 5-year out high of about $86. I see no reason to believe the management of a company that has yet to earn a profit can attain that level. If the stock price continues to climb in the short term, I will likely bail on the belief I can find another stock that will at least equal the expected growth.
Wow ... "$18++ within hours" ... I am impressed and humbled! NOT ... BWLD closed today at nearly 3 times what I paid for it in Oct 2011 ... keep playing those short time trades since that will surely make someone rich - that person being your broker
Oh, no problem with me "GET"-ing you ... you chose to reply what you wanted to read in my response ... I repeat - since you apparently missed it the first time - PLEASE bet that way by shorting this stock with every dollar you have and the rest of us will be happy to profit from your mistake ... you are correct about ONE (and only one) thing ... I am NOT neutral ... I favor stocks that make money for me - I've been in BWLD about 3.5 years with an annualized return of over 33% - my recent analysis does not show it growing that fast, but easily in double digits - again I repeat PLEASE short this one
Wishing for a stock split - here or elsewhere - is just silly. A stock split is neither more nor less than a marketing ploy on the part of the company. They are betting that there are investors that are so poor at math that they do not realize an investment of (say) $1,000 in a company gives them neither more nor less of it regardless of the number of shares it represents.
You want a dividend stock, sell ORLY and buy a bank or utility stock! Been in this stock for about 4.5 years and it has grown at a rate of 37% per year. With that kind of growth, I can easily do without dividends.
If that's what you think, PLEASE bet that way by shorting this stock with every dollar you have (making of course the unlikely assumption that you actually HAVE any dollars) ... the rest of us will be happy to take losses
I also have it as a buy and project it to double in about 5 years ... OTOH, it is only up about 10% from Feb 2011 - which says it dropped dramatically between then and now ... so, there is always the chance it will do what it did in late 2012 and drop over 50% ... in that earnings report on 22 Apr, GNTX exceeded 'expectations' FWIW, but only barely
Really??!! At the closing price when you posted this comment, a P/E ratio of 13.69 on next year's earnings would imply earnings next year of about $6.00. That weed you get must be some fantastic stuff! If you make all your investment decisions with that kind of acumen, enjoy your time in the poor house.
You are of course an idiot. No company whose stock you buy EVER costs you money. If you lost money on a stock purchase, you made the decision or you defaulted the decision to someone else. In either case YOU cost yourself money.
For the record, I have never worked there. However, I have friends and relatives who have done so. None of them report it as the best possible employer - who ever does? Neither have any of them reported the kind of 'stuff' posted here. I have some questions for those claiming ESRX is a terrible employer.
If you haven't worked for them, why do you care?
If you do work for them, why don't you get a different job?
If you did, but no longer, work for them, how long are you going to let your evaluation of that experience dominate your life?
Do any of said posters REALLY believe comments like that on a message board for those interested in ESRX as a STOCK investment cares even a little what you think of them as an employer? [If you do, you are highly delusional, and should seek professional help.]
If you were unfairly treated by ESRX, why have you not taken them to court?
I have been invested in ESRX over 20 years and the annual rate of return on those investments has been about 27%. That trumps any anonymous noise from folks who cannot distinguish between investment information and personal supposed slights.