Strange day....my list of Utilities....all were up
BDCs......almost everything down
MLPs.......almost every one down
The 10 year was flat to slightly down for the day. Not sure why the Utes did so well. Anyone know?
AVNR has approved and selling product with strong likelihood of additional approvals. There are numerous biotechs out there with market caps many multiples of AVNR's. Many of them have no sales and products that are far from being proven, and, if approved, questionable ability to generate substantial sales.
Looked a lot at both today. Was very tempted but decided to wait. Ugly group today.
Did sell some of my AVNR @ 11.16, closed at 12.59....up 85%. Bought some ARIA and returned to SFY.....just trading material. hopefully.
Been holding / trading AVNR for 3 + years. The payoff has finally arrived. Been through enough suffering. Also hold ATHX since 1.43. A little suffering, no reward yet.
Mike....also holding AVNR as you may know. Sold 1/2 today @ 11.16. Some fear of a secondary. Holding other shares at a double +. Looking at ARIA the last few weeks. Been waiting for it to slide down to this area. Will probably buy in today.
Sold the shares in my IRA account @ 11.16. Cost basis was 5.42 less than 2 months ago. Still holding regular account shares bought at 5.22 recently. Numerous trades in and out of this stock over the last 3.5 years.
My cautious market outlook kept me from holding as large a position as I did at other times. Sold some recently in the 6.20 area. Still enough to line my pockets a little. Replace some lint with some coins.....
Still holding. Have been there for 3+ years in varying amounts.
Looking at SFY again. Maybe XCO and CHK as well. Natgas might be a better play than oil at this time. Tables might be turned after several years of oil focus. SFY still close to 2/3s natgas production.
Positive results in their Alzheimer's agitation trial. The drug is Nuedexta and it's already approved and selling for PBA (involuntary laughing and crying disease). Market cap is still only $1.8 billion after today's rise.
Have some in regular and IRA accounts. Have held it over 3 years in varying amounts. Now around $11, had it down in the
Likely more off shoots from the FSC / FSFR products. Do you know of any other similar mngt. firms trading that we could compare it to?
I'll know China is in trouble when they shut down their lead mines...(:-)......just kidding....
I know you shop at ALDI, as I do. Did you ever notice the Apple Juice is a "product of China?" Says it on the bottles, printed in small letters on the front, right on the plastic. Here in WI we have apples rotting on the trees.......and we have to import apple juice from China. Quite possibly the most polluted place in the world. Sure wouldn't give it to the Grandkids.
J-man........I don't think they'll change anything. Inflation still under control, oil prices lower which should help the consumer somewhat. Unemployment rate of 6.1% is a joke as those numbers are heavily distorted.
Will likely hear more double talk about this is good (or bad) with multiple things that could be better or worse. Also may not want to hurt the markets with the election