All medical costs are lower in Europe. That's just the way life works. If the test costs $395 here and $295 in Espania, it probably costs less than a Big Mac in India.
The slide in oil today was blamed on a big supply glut, but I have a feeling it's only temporary rather than another big move down in price. Refiners usually make the changeover from heating fuel to gasoline around now, and that means a shutdown of refineries. During that time, they stop buying crude, so the supplies build up. Once the refineries start up again, the price will bounce back. That makes this a good time to be buying pipelines. The unit prices moves in sympathy with crude, but there's no real short-term connection. Gasoline and heating oil have been moving up in price because they're both in short supply due to the shutdowns. The refiners are happy to get more for product already in inventory and be able to buy crude more cheaply while they're shut down. Buy the dip.... you'll be happy you did.
I had a talk with my doctor today about this, and he said the big profits will come rolling in only after they get Medicare and Insurance approval for the tests. That's crucial. It's imperative for Opko to get over the insurance hurdle in order for this to really take off. If they can convince Medicare that it will save them money, they'll jump on it. He said Medicare doesn't give a hoot about quality of care, just cost savings. Given that, he said the company would be a huge winner if and when they get over the insurance problems. Personally, I'd gladly pay $400, $500, $600, or whatever they want to avoid another biopsy. If you haven't experienced the pain of 20 needles jabbing into your prostate through your rectal wall, you just don't know what real pain is. The pain plus the possibility of infection, bleeding and all sorts of other problems, makes me more than willing to pay anything to avoid it again. I'd recommend a prostate biopsy as a means of getting terrorists to give up information rather than water boarding, sleep deprivation, cold, heat, stress positions or anything else. 5 or 6 jabs with that needle would be enough to get most of them to start singing like canaries. I was ready to sign over my life's savings if the doctor would just stop. 4KScore is the main reason I own OPK.
Cramer is a total idiot. A professional tout. A buffoon. A worthless #$%$ POS. He switches sides on every stock he ever recommended so often it's impossible to know from one minute to the next what his position really is. He continually obfuscates so he can always go back and say he was right. The last time I heard him, OPK was in the $8s, and he was very luke warm and said "hold." He said he was "sticking with it, for now." If you took that as a definite sell signal, you'd have missed the whole of the recent move. Pay no attention to him if you want to ever make any money. He has a very short term effect on stock prices in either direction, so just ignore him. I can guarantee that Dr. Frost doesn't care one bit about Cramer, and you shouldn't either.
There's no way to know that. I strongly suspect that the OPK shorts are fully hedged. They may even be more than 100% hedged, meaning they are making more money on their calls than they're losing on their shorts. If they were stupid enough to be naked short, they'd have been out a long time ago.
I've said here several times that a squeeze is not a certainty by any means. Don't hold your breath waiting for it. Better NOT to have a squeeze than to have it all at once. These shorts are hedged up the whazoo. Short covering is a one-time event that will quickly fade away. Buying by serious, long-term investors is a whole lot better if you want to see a sustained advance. The shorts are covered by calls that offset any rise in the stock price. They can hold out for as long as their calls.
If I were not totally satisfied with Vanguard, Ameritrade would be a good candidate to do my investing, but $2 is still only a fifth of $10, and 25 free trades is still free, free, free. The only drawback to Vanguard is that they do not participate in the discounted DRIPs of several the MLPs that offer them. (They'll do a DRIP, but without the 5% discount.) Vanguard also offers Flagship Select for accounts of over $10,000,000. That gives you 250 commission free trades annually and $2 trades thereafter. (Sadly, my account is still a few dollars shy of $10,000,000.)
With the broad market setting a new high, why is BABA just pennies above its low? I hope I'm wrong, but I see BABA headed lower. A lot lower. Negative publicity is exposing a stock that is supported by nothing but hype. My initial gut feeling was to stay far away from this Chinese fraud, and I wish I had followed my feeling. I'll never again buy a Chinese stock. I'm getting to hate the Chinese. No more Chinese food.
Open a Vanguard FLAGSHIP account. The minimum is $1,000,000 to qualify. They give you 25 commission-free trades annually and $2 per trade after that. You can lump accounts for related individuals at the same mailing address. You can get the commission schedule online at their website.
I just bought back the 1000 units at $58.50 that I sold the other day at $60.50 that I bought at $58.50 that I sold at $61 that I bought at $59. It's so nice to have an account where I don't have to pay commissions! I'm thinking I might just hold it this time around. Maybe I should have bought the ETE instead. We'll see. Any opinions?
While I don’t personally believe in “rebalancing” as an investment strategy, I keep seeing and hearing advice from so-called experts to periodically adjust to market changes. The old adage that the fixed-income portion of a portfolio should equal the age of the investor strikes me as seriously flawed. I’m curious about what, if any, experience other people here have had with rebalancing.
If BABA turns out to be as big a fraud as I suspect, it will make the fraudsters Skilling and Lay at Enron look like amateurs.. The impact on the overall market could be enormous and will destroy confidence in Chinese companies in particular. If the Chinese authorities decide to crack down on Ma, he could easily end up with a bullet in the back of his head. Those guys don't mess around.
Great idea. When you find a way to convince your broker to let you do that, PLEASE share it with the rest of us. BTW, do you know what a margin call is? Do you need an adult to hold your hand when you cross the street?
Why not just buy ETP? Personally, I like MMP and EPD, but the yields aren't as high. They have proven track records and are financially strong. I also like the fact that there's no GP milking big fees off the top. I own all three.