I can't blame them, but some investors (value investors) bought in at 50, 40 ,30 ... and are still holding. For me, investing includes repeatedly asking buy, hold, or sell? Is this a good value here? Is there a better place for my money to be (including cash) For me, it does not matter at what price I bought or when. Of course, sometimes we sell to use the money for other purposes than reinvestment.
As an example, say I bought shares at 50 and this other guy bought at 80. Here we sit at 100. Should I be selling because my investment has doubled and the other guy should hold because he is only up 25%? Is my investment at greater risk? Well maybe I should trim some because I need to keep my portfolio balanced, but I hope my point is coming across. I don't sell just because I am way up. I sell because the value is no longer there, or some risks have developed, or the business fundamentals have changed for the bad, or some hanky panky has been revealed, or the whole market is crashing, or I have a better investment opportunity ... lots of reasons, but I can't recall ever selling while thinking "I'm selling because I am way up". But that's just me.
I understand this philosophy goes completely against the pigs get slaughtered philosophy, but I don't buy that philosophy. Back to my example, does it makes sense that the person that bought at 50 and is holding at 100 is a pig but the person that bought at 80 and is also holding at 100 is not? Which investor is at higher risk of getting slaughtered? What about Johnny come lately that bought at 98? Certainly his investment must be at significantly less risk than mine ... Johnny is only up 2% and I'm sitting on a double. I am being wreck less and Johnny is not. Right? WRONG! .. our investments are equally subject to the same risks and rewards.
Short term trading is a whole different story :) GLTA
Please provide your contact info so folks can take advantage of this great opportunity.
So to reiterate ... your office is in India, but you have a slew of uninsured US patients that are flush with cash and have HEP C.
How does a great and honorable person like yourself get over the fact that you are essentially stealing and I'll bet that $2K charge yields you some nice profit (speaking of greed). I mean $2K goes a LONG way in India
Now that I think about it ...thanks to scams like yours, Gilead may be forced to raise prices in India, Egypt. etc. to combat such scams. I take it back ... you are a bad bad man Mr. pope doctor person.
I missed it ... did that presser happen today? Maybe tomorrow huh? Wonder which DC dope will follow the other three and their largely dismissed sniveling?
I think I'll continue holding and just sell the news (at my discretion) and not YOUR rumor.
Shorts are all dead ... in a related story, Home Depot raised there Q3 guidance citing a boom in rope sales.
Why was this 2 month old thread brought back to life? Irrelevant. Poster was wrong but he did say his call was for short term traders.
Jokes everyday ... comedy show all the time ... get some free laughs ... Go AEA comedy tour
I am all for everyone taking profits, but whatever you do ... any of you, do not bet the other way against this short side widow maker! I find it hard to believe there are not thousands of better short side bets available.
Even Don Quixote would cringe at the thought.
You could not be more off the mark. Revenue climbed nearly 6 percent to $23.81 billion from $22.52 billion. This beat Wall Street's forecast of $23.57 billion. So they beat on the topline.
Revenue is the pie. Share count is how the pie is cut up. As a result of the share buybacks, we longs get a bigger share of the bigger pie. WIN-WIN.
Now that you have your setup ... short away.
I assume you didn't get the answers you were looking for, but I'll bet you learned something about the flaw in your math WRT valuing an investment. Come on admit it ...
The Congress complaining about price catalyst is played out. Plus there is no way of knowing when such an event might occur. How long are you going to wait for this Congress induced selloff to occur?