IAC/InterActiveCorp Message Board

I have this on "set it and forget it" both in my trading and retirement portfolios. Let's talk in three years. I'll buy dinner and drinks. I will be able to afford them. You will probably be in need of a drink and a warm meal.

I used to play games like this. In my experience, it is not a winning game. What's the difference between 27.83 and 27.75, really? Nothing, in the big picture, but you may well miss a good opportunity nevertheless.
I'm not a trader, but why don't you consider buying now, and placing a "sell" order when this gets to 29 or so?
Then put in an order to buy again at 27.9 or thereabouts? Rinse and repeat. Me, I'll just hold on and collect the distributions and ignore the background noise....

Asman is spot on. The money is being put to good use, clinical trials are looking good, and this sector looks to be a good place to be in the current environment. I am thankful that some knee-jerk, short-sighted morons are willing to go belly-up here and now. The opportunity is greatly appreciated, and paying down debt in a rising interest-rate environment seems smart to me.

In one or three or five years, we ought to have a chat with this merrimack&cheese. We'll be sorting out the possibilities of a retirement reflecting our dreams and commitment, while he'll be recovering from wrist surgery.

Nope. The better strategy is to buy tomorrow and sell in a decade or so.

The bastid wanted me to be able to pick up a couple hundred more shares on the cheap. Thanks S#&thead!

When you use the word "we" in this context, what should we read into this? Are you affiliated with Oncothyreon?

But would it be possible to get orphan status to treat UM, and then have it withdrawn if the drug is ultimately approved for treating other, more common cancers?

Surely, the weak hands will be flushed out!

Funny, isn't it? One little whiff of 'tang and everybody's an expert!

Most brokerages allow you to set up a "margin account" which allows you to borrow money to buy securities. You pay interest like on any other loan, and the loan is secured by the stocks, etc. in your brokerage account.

Ah, the flying buttress. So we're looking to close above 51 today. Bully!

Oh man, I love DDD's long-term prospects but I learned the hard way never to borrow money to buy stocks.
I would sell my children, however. ;+)

Yeah, it's getting a bit tiresome. I'm guessing that if we could peek at his dismal portfolio, we'd see him being short Cracker Jacks and long Bazooka Joe....

But have you taken into consideration the cresting purple dodecahedron?

Dude, get a hobby! ;+)

Interesting, though I want to emphasize that we're looking at a great thing from entirely different angles. Two comments: 1) I hope you're right that there is retracement back down to the 37-40 buck level so that we might pick up more shares at a bargain price. But I don't think that will happen. Even if the market "corrects" (or whatever) five percent, I doubt we'll ever see 43.50 again. But that's just me and my gut talking.
2) I don't know why you hope longs sold today. It's my view that true longs are smart enough to ignore most of the day-to-day price fluctuations and to hold on to their shares for the rewards that are sure to come with patience and conviction.

Good luck to you as well. I am wondering whether you view closing above fifty today as being part of the triangle thing, or whether you think the catalyst might have been the announcement of the reseller agreement (which I think is HUGE). ???

I think we're all learning every day.

Exactly! Fantastic long term opportunity here.