Money has been flowing rather heavily out of the entire market lately but ultimately money has to find a safe place to be. EXAS at these dismal levels could be one such haven. The price action of a handful of the stocks that I follow that were not in sympathy with the broad market today are where Im placing my focus. EXAS performance over the past two days looks to me to be a great harbinger of things to come. IMO, this was an excellent day in light of the fact that share prices have been in a downward channel for so very long and are in extremely oversold territory. I Look for a break out of that channel very soon.
THEREIN LIES THE DIFFERNCE. HARVONI AND SOVALDI ARE NOT TREATMENTS!!!
They are CURES! (hence the fully justifiable price tag). The greedy insurers know that they stand to save BILLIONS in future treatment of patients who otherwise would have soon succumbed to liver cancer and the cost of transplantation. Even for them, Sovaldi and Harmoni are INCREDIBLE BARGAINS in a cost vs cost comparison. Don't be fooled!
Who cares? Aren't you the magnanimous one scorekeeper101? Shameless would be a bette name for you.
Let me explain why you should care (and it goes beyond your attitudes about the timing of your monies):
BECAUSE LIVES WILL BE SAVED IF THE INSURANCE COMPANIES ARE FORCED TO COVER A TEST THAT SOME PEOPLE MIGHT OTHERWISE NEVER UNDERGO due to affordability! Undoubtedly, at this very moment some every day folks, just like me are silently slipping from stage 3 cancer to stage 4, unbeknownst to them or their doctors. Some of them will die. It could be your mother, your father your sister or brother, your daughter or your son.
Is it OK to care now?
I certainly hope so!