I let WLDN go at $9.50+. OHAI...what can I say? Still have that loser. Maybe petro complex pops just enough so Castex remains viable, enough til ATP settles and sells. Then OHAI might go back to $4 and I can step out quietly. Same old junk tune. But I think WAC could be interesting from here. Bought a few today. Bottom fishing -- probably a mistake in this market.
Despite being FCF negative mostly since 2006, CUTR finally looks to be priced a little more reasonably. Price to sales is 1.4, while sales are rising by double digits. Costs are rising and the dollar is hurting them. International sales would get a boost if a) the dollar turns lower, or b) a Chinese company buys them. I'm thinking the latter.
Cobiprostone is DOA for OM too. I've a posted about that in the past. The value here is wringing as much out of amitiza as possible then selling out. They can add more value to the company by shutting down non-amitiza R&D.