GSK has been a big disappointment and was a nice ride up over the years but they can't seem to get any traction. I finally sold it because I feared they would cut the divy. At these prices it begins to look like a takeover target for US drugmakers, if the UK would let that happen which they probably would. With your streak they will probably get bought out this afternoon. So who wins game 3 NHL? What does the great swami say?
What price did you pay and what do you think it is worth? I would say it is worth between 125 and 175 so you are right about in the middle. At this price your long term return should be about 4 to 6 %. I added a few shares this morning around 142 and change.
Wish I had your memory so thanks for sharing. I change my mind so much I find it crazy that some are so set in their ways. The hard part is determining what not to change and recognizing the reasons why.
I know two families that have left geico in the last month because rates have gone up too much. They both found much cheaper rates elsewhere.
Some people enjoy life and then there are haters. There is usually a deep seated psychological reason for their desperate attempt to make the world conform to their own delusional views. Lol.
If rates go to 12% the USA will have to pay about 2.4 trillion in interest. Good luck with that.
Loeb is a hater. It is hard for him to get such big fees off of suckers when all one has to do is bet on WEB. Loeb should review the deadly sin of envy as he looks into his mirror.
Money printing makes paper assets worth less and hard assets worth more. Rates aren't real anymore with such a low cost of capital. The dollar will be destroyed before hcp is. When hcp is destroyed then hunker down for some tough times. And diversify just in case you are wrong.
PS - Just like BP. If the gov't takes too much money they it will get nothing. The gov't just bleeds off as much money as it thinks it can while letting the business survive. Then they lay off for a while and come back and hammer for more. How is the gov't going to win this when they have to say they are being cheap with people's healthcare? That won't go over very well? Settlement for what? Call Carlyl. I am sure they have their buddies in the gov't running the numbers with them and have a payoff amount ready to go. Or maybe not.