Hey, I came out like a man and said you were right, and I was wrong about Talisman. Carl Icahn is a great investor, but can't win them all. Bottom line is TLM has some great assets, and some terrible assets, the fact that a cash rich company Respol, passed on an investment is all I need to know where things stand.
I'm not saying this is going a lot lower, but it certainly is going back to the teens, let alone the price Icahn paid for his shares.
I'm glad to be out.
it appears somebody caught wind that DuPont is going to redeem this . Not sure what the rationale is, but you don't see this kind of price action for nothing.
Either way, glad I own it.
i've got a few hundred of these and couldn't believe what I saw. Clearly someone thinks or knows this is either getting called or has been identified by Peltz as a necessary cut.
If it gets closer to 100, i'll sell it and roll it into my 800 shares of DD
I thought the same thing, What am I missing? Glad I bought. I don't think there is a Gilead holder here who doesn't think we go much higher. You can't say that about a lot of large caps.
The estimated EPS supports and confirms higher prices from here. People are going to be saying the mantra coulda woulda shoulda when the post $10+ a share next year.
It's a flip of a coin. My guess is it's one of several scenarios
A large secondary on the shelf (very bearish)
A massive bottom being put in (very bullish)
A couple of large investors are getting out (greenlight/fairpoint) with a couple of large funds getting in simultaneously (neither bullish or bearish)
Technically the stock looks very weak, but inflection points are usually preceded by massive volume or capitulation.
If it goes up in A.H, we'll know today was bullish.
Say what you will about earnings not mattering. To illustrate how overvalued AMZN is, It takes Wal-Mart only 4 days to equal Amazon's entire years' worth of net income.
Or within a different industry, Gilead makes it in about 6 days.
I decided to go with PDCO instead of MWIV after a lot of due dilligence. I think PDCO and HSIC's business in that area is more robust and likely to grow faster. Also, I really do not like the IDXX decision here.
I'm not saying MWIV is a bad company. It's just that I like the others' portfolio of businesses as a compliment and potential breakup story.
dream on. MDR is working through some pretty awful contracts, and we have no clue how profitable any of the backlog is.
The tape tells the story.
Anyone can run a business where you lose money.
A highschool dropout could create a multibillion dollar business selling dollar bills for 99 cents. She would get bank loans and build warehoused and invest in technology and guess what, he could say we lost money this year because of our investments, but wait 'til next year.
yes, but BV doesn't factor in those nasty legacy projects. IF MDR can make it through these projects and start booking profitable business, we could easily see $8 again. But those higher prices of yesteryear are a long ways away.
technically, this looks awful. I am LT bullish on silver however. Will anyone come forward and announce at what price they'll be adding? I thought I hit the low at around $23/oz
Thankfully I haven't doubled down yet
Sentiment: Strong Buy
I've heard it all when a koolaid pumper tells us we should just ignore "earnings"
Amazon is a strong sell, especially as all states are hellbent on collecting sales taxes from online purchases.
margin will continue to be under pressure
I say Amazon is worth no more than about $90.
fell through the $7.50's support like a knife through butter.
glad I didn't buy. I was so close to pulling the trigger. I think the best thing to do is hope for a sale.
Looks reasonably valued to this investor, plus WEB has been buying of late.
yet it's down 2X the market today.
Is there a price where any of you will add, We're less than $2 off the 52 week low.
thanks for the post. I see that the IDXX decision has some people freaked out. I wonder if there is any precedent for a pharma having done this.
SO obviously the question is what exactly is the value-add for using MWI versus trying to go it alone?
The point is IDXX apparently thinks their relationshio with MWI was not in their best interests, and or, they can do better themselves.
What would be really interesting is if MWI could basicall mimic a PBM or leverage all their relationships and act as a COOP whereby an independent would find it virtually impractical to purchase veterinary products outside MWI, and the drug companies would feel the same way where it would be just too costly to try to manage thousands of relationships where just one would do.
I'm still learning and not buying, especially as the stock continues to wind down of late
and I'm all in.
We have way too many poor people in the U.S. to stoke inflation like we had in the 70's.
Here's the stat that proves it
"the bottom 90% of U.S. households have an average household income of about $29,000"
We are a nation of poor people.
I think you should expect that scenario. I would not be surprised in the least if they raise the fed funds rate to 50bp, and we get to 180bp or lower on the ten year in 2015
I will be out however if they come within 50bps of crossing.
I'm man enough to admit lobster was/is right about this one. I'm out at 10.60 for a basically a net zero gain. good luck all.