Interesting, but of course, who likes a rumor more so than Wall Street!?
I've been a content CL long for a bit more than eleven years (and have reinvested every dividend). PG? Yup, I'm long PG as well; I'd prefer to see PG taken out!!
A lot of retail investors focus on the number of shares and that's why they get excited when a stock they own splits. Post 2 : 1 split, they own twice as many shares. It may be more "fun" to own more shares, but EVERY SHARE HOLDER will own twice as many shares (with the share price cut in half). The VALUE of the company, and one's position, all else being equal, remains the same. Funny thing is that when retail investors invest in a mutual fund, they generally start with the dollar amount they wish to invest, but they do the opposite when making an investment in an ETF or an individual stock.
CVX, in a prioritization move, halted its 2015 share repurchase program at the end of this past January. It also has cut capital expenditures. IMO, one of CVX's priorities is to keep the div "safe". While I enjoy receiving my CVX div, and reinvesting it, I'd rather have CVX buy back its shares when they are relatively low, like NOW!
With all due respect, MSFT never traded at 25 cents, nor was it "called a pipe dream scam".
The 25 cent MSFT comment made me recall a trick one of the brokers used when I worked at Stuart James a penny stock "investment bank and brokerage". At the time, MSFT was not yet public, but IBM was. The broker would pull out a S & P gray book that held all sorts of data (pre internet, of course). He told me, and he used this story when prospecting, that IBM was once a "penny stock". He gladly pointed to IBM's lowest price, which indeed was sub a buck. Only problem: the sub a buck share price was SPLIT ADJUSTED.
Moral of the story, if YOU want to be taken seriously, stick with FACTs and not fibs about wishing you bought MSFT at 25 cents when it NEVER traded for 25 cents, nor was it ever called a "pipe dream scam".
Riddle: Was ppch "featured in the Sunday NYT or was it a PAID SPONSOR???
Again, the only reason I'm here is because over a year ago, before ppch was voraciously pumped to above 40 cents, it had been pumped on multiple REAL company message boards. Had that not been done, I would most likely have never heard of this nascent Australian biotech. File under KARMA.
As dividendseeker noted, HAIN has consistently been "overvalued" or "over-priced".
I'm not sure comparing UNFI, mostly a distributor that happens to distribute organic/natural items, with HAIN, a producer of organic/natural products, is worthwhile.
I've been long both names for many years.
Sold some UNFI one time @ 68.50 9/13...sold some HAIN once 9/12 @ 36.01 (split adj.)
"Will it trend like the other biotech ETFs or am I missing something? "
Yes, LABU will trend, generally speaking, with other biotech ETF, but the moves up or down will be THREE TIMES AS GREAT. Leverage is great and fun to have when the trend is in your favor, but when not?
Given that you are young and that you can handle the volatility, investing in LABU may make sense.
Looking at it in a different way, you could invest a third LESS in LABU and receive the same gain or loss than had you invested a "full amount" in XBI (both ETFs are based on the same index).
"...and would be able to purchase more shares for a potential greater return."
I'm unclear what the above means; but perhaps it is similar to my last few lines above?
If not, the number of shares of an investment is meaningless, rather focus on the DOLLAR AMOUNT of your investment(s).
"...even if their are more shares added reverse splits."
To be CLEAR: the number of outstanding shares DECREASES with a reverse split.
The problem I see with a reverse split is that post split, shares may be at a level that may make them more easily shorted (putting additional downward pressure on the share price).
Trend sure looks ominous.
Perhaps lighten up a bit. Nothing wrong with taking a gain. If you are "wrong" by selling a few shares, well, you'll be "right" as well by having held part of your position.
"...hold through July and beyond with confidence in Propanc as a newly, relatively stable stock in terms of share price?"
I doubt ppch will be "relatively stable...in terms of share price" in the foreseeable future; MOST biotech issues are volatile! Who knows where ppch will be trading in a few weeks and out, thus my suggestion to lighten up a bit.
Only the future will tell whether moving some funds from FBIOX to XBI will turn out to be a good move.
Given your response to my question on 4/30 concerning FBIOX's weighting relative to all of your investments, you responded "Too much". That was during less fun times, as FBIOX had been dropping; it bottomed 4/30 @ 236.82. Given your response, FWIW, I'm glad you are not considering increasing your exposure to biotech.
As you know, XBI is a Small Cap Growth ETF and its median market cap of its holdings is $1.8B.
FBIOX is a Medium Cap Growth fund and the median market cap of its holdings is $6.04B.
TOTAL RETURNS (hi rlddle!) for one, three and five years:
XBI: 66% 199% 373%
FBIOX: 52% 207% 424%
Small cap biotech has been outperforming "average" biotech of late; who knows if this will continue. Or more to the point, if you make a move, are you simply chasing performance?
Thanks--I stand corrected.
Interesting question you posed!
Looking forward to listening to the conference call; hopefully before month's end...
Wow! Very interesting info you have shared.
Do you frequent employee bathrooms at all of the stores that you shop at or just at WFM?
Perhaps, but Crowe Horwath LLP has been LWAY's for just shy of one year.
LWAY's year end was December 31, 2014; we are awaiting a report (only) for Q1.
"On June 20, 2014, the Registrant engaged Crowe Horwath LLP as the Company's new principal accountants for the year ending December 31, 2014."
Is someone were to call the home office, would anyone answer?
The funny thing is that in a few weeks, if ppch is trading where it currently is, it will be near a 52 week high.
The last, and much more ferocious (as far as share increase) PUMP of last year was winding down! (see 2 Year chart)
During last year's PUMP, shares hit the low forty cent level; of course, there were far LESS shares "outstanding".
Yup, ppch's shares are on FIRE, but IMO, there is a disconnect between its share price and the actual "business". In other words, YES! one can make some bucks being long ppch, just be careful and be ready when the music stops playing.
A rather small buy, but the trend continues, as does the trend of consuming "healthier" (spiral: note the quote marks) food:
CAMDEN, N.J. (AP) -- Campbell Soup is buying refrigerated salsa maker Garden Fresh Gourmet for $231 million as it continues to make a push into hot categories such as refrigerated fresh and organic foods.
This is the latest acquisition by Campbell Soup Co. that looks to keep pace with consumers' increasing interest in fresh and organic products as they lose their taste for its trademark canned soups. The Camden, New Jersey-based company purchased food company Bolthouse Farms in 2012 and organic baby food company Plum in 2013.
"...they have not managed the stock price well.."
I am wary of any management team that attempts to manages their stock price.
IMO, if management does well doing what they are supposed to be doing (managing the business), the share price should respond favorably.
2 posts | Last Activity: Jun 5, 2015 3:08 PM
Member since: Jun 5, 2015"
"June 5, 2015"
Again, WELCOME! to posting on Yahoo Finance. Posting sure is FUN!
Please let me offer a hearty WELCOME! to posting on Yahoo Finance, since you are new. (I'm sure you're not the kind of freak who constantly creates new names to post under right?).
So your "price target" post was just your attempt at either:
A: Trying to lure unsuspecting "investors" to buy shares (also known as PUMPING)
B: A failed attempt trying to be humorous