Microsoft to make its 2nd attempt to buy Yahoo, Verizon next in line.
It will happen, almost certain Yahoo to find new leader to run this company which lost its golden touch.
Good try MM but not good enough.
IMO S&P 500 will have a small spike 2070-2100 max, then fizzle reversal down.
First quarter window dressing ends this Thursday....with S&P 500 monthly return of 4% - 6%, compared to Jan & Feb losses.
Fear of a potential interest rate by Feds in April weigh in market fears.
SDS now at 19.33; should it go to 19.53, that's just a 10 point rise for S&P 500 at 2039.
Not much of a risk/reward.
Looks to be a sideways to slightly higher market when S&P 500 peaked at 2051.
I'll wait to buy SDS should it go under 19.00
You mentioned Citron covered their VRX short position - how much was his return, over 50%?
Just wondering at what price they covered at and price they shorted.
They have another winner at MNK, due to high cost of drugs.
Instead of selling, average down, or just ride it out and wait for the upturn.
All pharma and biotech stocks getting hit since the Hillary speech.
CELG could also be another company's bait for merger.
You commented 6 consecutive years calling it wrong?
Then, either eventually he'll get it right, one day, or do the reverse trade (lol).
Timing is everything.
At least he admitted it is all paper trades.
SDS will be a buy at lower entry point but not today...under 19.10.
Are you still holding SPXU - if yes, you got a slightly negative paper return of -5%.
However, the momentum buying is still on the upside, but could reverse sometime after mid-April.
But waiting can cause SPXU to go lower 27-29 range.
Average down...or stop loss sell?
S&P is into overbought territory; therefore SPXU making new 52-week lows.
S&P 500 2070-2100 then reversal IMO.
The better option is dollar-cost average at lower price with stops of 26-27.
If VRX can't make the 4/29/16 deadline, game over.
Next surprise news to move VRX higher?
Can't think of anything but write-downs and lower estimates.
Creative accounting issues has always plagued VRX on its way up, now down.
Give us your target price to cover...will VRX go under 20 or over 30 first.
Buying time is the only thing left for VRX...it is on life support.
Banks on the hook for lending at low, low interest rates will have to write off the loans.
This is a repeat of Enron.
If they sign, CPA can be sued for not uncovering the fraud.
They will end up like Arthur Anderson CPA firm...out of business.
VRX had 4 good years of rising stock before it all collapsed.
The scheme was exposed...it was only a matter of time.
Ackman big loser on VRX.
Now wondering if HLF can be exposed, legit, or never be exposed.
This is another one of Ackman's favorite stock, but to short.
GILD will make a move higher when they announce the company they will buy.
Sales of blockbuster revenue drug has peaked sales in 2015.
Biotech stocks out of favor for awhile since Hillary's speech and ultimatum once she becomes president.