Your lucky you got out when you did. You did see who is buying this stock, didn't you?
Sold 40 54.50 put contracts at .35-.40 this morning. Stick me with more stock Friday if you dare. I will take it or keep your money. I don't care anymore. I will do this every week.
PRGO has about $3 billion worth of additional products that will be coming out over the next 2-3 years. Accretive by $800 million by year 4 doesn't mean it isn't going to be accretive at a lower amount before then.
I finally found the press release. THIS IS HUGE!!!!! Now they need to get generic copaxone and this stock is back to the $60s.
I have the money and the time so after i end up buying more shares at these lower prices and not having to take a short term gain at max rates(thanks Obama), I will be taking a long term gain and in the end should be making more money.
Sure I have a rather large loss on paper at this time but I agree with what she said and in a year or so when I sell and take my long term gain, I will be happy(fingers crossed). In the mean time I will be selling out of the money puts as the stock goes up and if I get stuck with more stock, at least I will be bringing down my cost basis.
If they actually pickup approval of copaxone generic, which management should know if they got it right, then you will change your tune. Now if they don't then Coury is a MORON.
Ok, how many millions do you have? My guess would be ZERO. I have several and how? Because I got greedy. Now tell me greed doesn't pay.
With the drugs that Mylan has coming to the market this second half, I see why $82 wasn't enough. I also am buying if this drops too much, which is close to $61.
If they run this down to $60, I am buying more. That is a good price for this company.
They do have generic copaxone coming out hopefully this year. That should keep the stock in the mid $60's. And with another buyout Mylan could make it back to $70.
Well, here comes a $2 drop.
Obviously you don't have much money. Why do I know this? Because of your stupid comment. Competition is going to eat away at GILD just like it is for BIIB.
And this stock will take a slow grind down to 70s/80s. Get out while you can. Look what happened to BIIB. Competition is here with the big dog Merck coming next.
This is going to get very interesting. I put my money on Teva to win this one. I don't care if I am wrong, I'm playing. 20,000 shares mylan and will buy more if it keeps going down.