wish I was a millionaire... which I assume you are... either that or you are a gambler in need of an intervention. So you just dropped 80G in ONCS? Wow! And lost 6G in the first hours? Ever hear of diversification? Ever hear of dollar cost averaging? Not sure why I am responding to a post that I suspect is bogus... maybe it is because I am rethinking my long position in ONCS if this is the investing style of people buying in... This is a very speculative stock...
He is paid to be a professional CEO not a braying jacka##. As a long term MYL shareholder, I am appalled by his behavior. I believe he is damaging the company... not nec. sales, but goodwill and reputation
Thinking that you are just kidding, but... Problem is that the cost of those puts would go way up if Mylan were to acquire all those. Who are you putting the stock to / who is selling all those puts which would represent nearly 40% of the outstanding shares, and an even higher percentage of the float?
Important to like PRGO at this price as well... as that is what you will be holding if the MYL deal does not happen. And PRGO rejections of the deal, plus Teva's continued pursuit of MYL make this somewhat dicey. Also, if Teva bails on MYL, we could see a precipitous drop in MYL shares... which would not be good for PRGO shares... or the MYL offer. This is a high stakes poker game, and the outcome looks very uncertain. And who knows... an as yet unknown third party could step in and take out one of these companies.
Starting to get old? SWKS is up 130% in a year... down about 8% from its all time high of maybe 2 weeks ago? I'm guessing you jumped on the bandwagon at the high and are feeling burned. Nothing goes straight up... and there is a lot of pressure on chips. When analysts start upgrading after a big run, I feel like it is time to get out. Often it seems they are just propping up price for their big clients to get out.
Or will sell at $65. after all these deals fall through. Coury burned MYL shareholders through the Tax Inversion -- and will burn them again with his arrogant self-serving approach... either that or he is a better poker player (and CEO) than I am giving him credit for. I am holding and hoping for the best.
How much dilution does the the PRGO bring? Mylan's offer says PRGO offers a better value than Mylan's own shares. If MYL shares are worth $120. stand alone(as many posters claim)... then this values PRGO shares @ $351. a nearly 100% premium to todays price. At $100./MYL share, a PRGO share is worth $305. My concern is Coury is overpaying for PRGO to protect his personal interests... not shareholders... not stakeholders... and Mylan shareholders are overlooking the degree of dilution the PRGO deal brings. The desperation on Coury's part to avoid a Teva deal may prove worse for Mylan shareholders than a deal itself. I have been long MYL for over 5 years.
You believe there is overlap between WFM and WMT in the grocery segment? I shop at Whole Foods, Trader Joe's, our local farmer's market (which is probably bigger than WalMart), and in a pinch, Publix or Kroger's -- though I don't really feel comfortable with their fish or produce. I will also shop at WalMart occasionally... for dishwasher soap, school supplies, socks, batteries... even bought a bicycle there recently. But I NEVER buy there produce, or other food items. WFM is not competing with WMT for customers... and I don't really think they are competing with Publix or Kroger either. Some people place a priority for what they put in their body. They will pay more for organic chicken or Bell & Evans, but wouldn't buy Purdue or generic chicken. On the other hand, I really don't care what car I drive (a 1999 model). Food is more important to me.
Mylan basicly scr*#ed long-term shareholders with their inversion back in Feb. Made most of their gains taxable this year will force many shareholders out of the stock. I am still holding, but will have to sell before EOY to lock in gains and pay taxes. Might as well get highest value possible in the short term.
Unfortunately, Yahoo Finance has bad info... MYL cap is 35+ B... not 28
Someone please tell me what I am missing. Reports value the TEVA offer at 40+ billion. Current MYL market cap is 28B... 40 billion would seem to translate into an offer around $105. So somewhere the numbers being reported appear wrong. Insight appreciated. Thanks.
Oh come on... you know he covered at $66.37, and after shorting at 72.37 on 25k shares, made a cool hundred and fifty grand for a good weeks work
Sentiment: Strong Buy
Sales are expected to grow 20+% next year and this trades @ a sub 20 forward P/E... and all you do is bash without any substantive facts. "Old generics... fraud... dissected their pipeline... yada yada..." Obviously doctors are prescribing their products... or they would not be growing and profitable... I reached out to an analyst I know and he feels they have a good model of older/orphan drugs, R&D, and have even started manufacturing. They have a strategic approach that is working -- growing and high margin. Many still see them as a takeover candidate.
This company is definitely starting to look like a takeover candidate
You still will not tell what bone you have to pick with JAZZ. There are plenty of questionable pharmaceutical companies making products that are more about making money than helping people. You are shorting JAZZ, so this is about money for you, not morality. Don't act holier than thou, when you are just looking to make a buck.
The only thing closed is your brokerage account from all the margin calls you've gotten while shorting this stock. More and more, I am convinced that you are a disgruntled ex-employee... or someone with some other agenda or bone to pick with JAZZ. Did you bet your entire retirement on this short position. And why would anyone on this thread believe you over the dozen plus analysts who follow this company. Oh wait.... you have "EXTREME CONFIDENCE" this company is a fraud... okay guess it's time for me to sell. Your work is done here.
I had suggested you take the pullback to the low 170s as an opportunity to cover your shorts.... but you said you saw it as an indicator to add to your short position. How's that working for you today? What is it about this stock that has you fighting a losing battle against the tape? Even if you were to turn out to be right in the long term, I suspect margin calls will have you forced out with massive losses before then. So what is it? Are you a disgruntled ex-employee... of JAZZ?... or perhaps of one of the companies they bought out? You seem way too emotionally involved in seeing this company fail. What's your beef?
But good luck to you... I hate seeing anyone lose money. That's the reason I don't short.