After 5 years in a stock, it's time to try another horse when the old one returns you to 0% gain. I rode this puppy up to $75, then started buying on the way down (it prolonged the inevitable). Better to be out now than risk another -20% (even if the odds favor a +20% rise from here). GE looks somewhat similar but less volatile (on either the upside or downside).
Sentiment: Strong Sell
There must be one among those 275 that makes a Mylan shareholder feel better. That might have lessened the pain of the "Mylan Casino's" making out at our expense.
And this on top of the tax hit to the shareholder by the inversion. "Insult added to injury" somehow is far to weak to describe this disaster. Looks like I keeping driving my 2002 automobile and tell my kids not to count on a college fund.
I got in 10 years ago. Does that qualify as overnight greed? I thought it was an investment. In 2014 it's become a #$%$ shoot, with the odds totally stacked against the investor.
I got into Mylan 10 years ago, and it's been a non-spectacular but dependable market-average beater. But this past year has been is a bit too much. First, the inversion deal (in collusion with ABT), which hit me with an unwanted, 100% "gain" to pay my tax man. And after that, even more severe losses as the share price simply collapses. Mylan is suddenly acting like a fly-by-night, speculative biotech! Is there any hope? Any reason NOT to declare a complete loss? I'm suddenly in a mood to run from this and put it behind me.. (Or is that what the shorts are hoping for?)
Why not? Her record throughout law school and her tests distinguished her as one of the 2-3 best legal minds in the country. She's not as erratic, impulsive and quick to pull the trigger as Carly F. (30, 000 HP employees instantly terminated) or as outspoken as Elizabeth W. (the Energizer bunny). But Hillary's got brains, connections, and tenacity. Like the Donald, she won't apologize. Unlike the Trumpster, she WILL if there's is a legitimate reason to do so.
I get it. Trump promises prosperity that will make our heads "spin." He down't have specifics--yet. But his "buddies" will show him the way. At this time, the only financial counselor I've heard him mention my name is Icahn. If Trump can, I can trust Icahn. Now is the time to buy.
This stock held up because the word was it was the first, if not the only, company granted permission to export LNG and that it's contracts were "locked in." Moreover, the absence of specific numbers allowed analysts' imaginations to run wild, some predicting a certain double; others giving assurances that $40 was the absolute bottom. I've sold half at 50 -- just enough to avoid a loss. But it's continuing to drop. What's on the horizon? $30? $20? bankruptcy?
Since Tim Cook, Apple is no longer a visionary, innovative, or even responsible company. It's contributed nothing toward education and progress, toward reading great literary texts with close analysis and productive understanding, toward elevating consciousness to greater awareness of the musical art of Bach, Mozart and Duke Ellington. Instead of being a leader, a cultivator of tastes, it's content to be a follower of consumer tastes, competing with every other cloud-streamer for market share in the social media of post-millennial mediocrity. This is the company that is now fathering and peddling an over-priced wireless speaker of little worth and inflated price--the Beats Pill. Go to Ebay and find counterfeit versions of the same speaker. On the Apple site it lists for $200. On Ebay it's going for as little as $10. Didn't Jobs leave a directive? a map? a sketch?
Odyseus' thirst for adventure ultimately places him between two equally dire consequences. Scylla and Charbydis are Homer's avatars of a rock and a hard place, both "final." But with his singular perseverance and cleverness Odysseus alone is able to hear the transporting song of the Sirens ("extreme" femmes fatale) and live to tell about it.
That's Homer's version in "The Odyssey" (800 B.C.). Sadly, Apple's transformation from America's foremost "rock star of innovation" into a retrograde also-ran in the social media sweepstakes fails to rise to the level of epic conflict or of tragic failure. Instead, it interlaces with T. S. Eliot's re-shaping of Homer's tale to fit modern times. Odysseus (and Steve Jobs) is gone, replaced by J. Alfred Prufock, an ineffectual "thinker" whose failures and successes are imagined rather than real, and whose aimless journey through "The Wasteland" is cut short by drowning ("those are pearls that were his eyes"), even before any meeting with threatening and formidable foes.
The end is coming, and it will not be dramatic (like Cisco's decision to "kill" The Flip at the height of its appeal) or loud (like a pair of Beats headphones during the break-in period) but with a whimper (with famous last words, like "AndweI could have bought Fitbit instead of summoning that faux M.D. urban hop-hipper with promises and no return on my pocket change. We may as well have given some to Harman, with its silly idea of fitting our gear not into the masthead of our glorious ship but inside the carbon-burning small cars that pollute and waste the infrastructure. As dumb an idea as selling watches for telling time and for exercising instead of their true purpose: to synch with anything and everything you happen to be wearing! If only potential users had been more patient. . But at least we tried, Steve and I. (didn't we? I mean, the ipod, the iphone, the Air--they're all in our time-capsule (I tried, but the watch was too small)