Up ~1.4% today :D
Talking stocks, trading, and investing in general - Page 573
I'd put a very small amount of money into some AMZN puts because in my isolated experience their fulfillment during December was a shitshow. In part it was a speculative play that my experience was indicative of their having hit a rough patch where their relentless drive to be the clearinghouse for everything is exceeding their ability to maintain the level of QC/Customer Service they'd previously maintained, at least for Prime customers, an in part it was just a spiteful little fuck you to the company. Worked out in a very satisfying fashion. After closing that position today I can afford several extra cups of coffee tomorrow.
I had big gains in a lot of my major holdings, like CORR, BHI, TDW and multiple REITs.
This isn't counting my 401k, which I don't check on daily.
Of course I took a massive beating in December. The only reason these stocks are up is because people dumped them for tax loss.
For a second read it as MNK and was confused.
MNKD has nothing back stopping them. No potential partner is going to bail them out either. Anyone who makes a deal is going to basically scalp them on terms. I'd literally start by modeling how much they need to survive and put a very small spread on it. At that probably just for the US rights.
Think about it, what leverage do they have? US and European approvals for a drug barely anyone wants and is hard to get reimbursed?
Also do you know how it's manufactured? If there a long royalty chain also no one will touch it. Also the fact that it seems to be their own facilities probably means a much higher COGS than can be supported at the currently level. Changing facilities is a regulatory nightmare.
They'd have to be acquired by someone big who already has the diabetes sales force already which leaves only a handful of possible bidders.
All in all I'd run away from that stock unless you want to gamble on some kind of deal being made, the value going up, and selling before anyone reads below the headline amount (which will likely include very high but unreachable milestones to make it paletable to management).
Just my $.02 on the matter.
Follow Largan (3008 TT) if you own AAPL. They are the supplier for Apple's camera modules.
Their December sales is down 30% Y/Y, compare to up 75% Y/Y Dec '14, flat Dec '13, up 140% '12, and flat '11. Worst ever Y/Y monthly sales since June 2012, which was down 28% Y/Y.
There's always a possibility of Apple switching to another camera module supplier at Japan, but I don't think they are anywhere as good as the Taiwanese guys.
p.s. just in on WSJ: Apple Scales Back Orders for Its iPhones
Edited by chogall - 1/5/16 at 8:13pm
So I read something yesterday about how Index funds are messing with returns and if another year like 2015 happens, there will be an exodus of Index funds as stock pickers will be making the money.
I do not have a long history of investing (2011 or 2012) but has something similar happened before? I would need a large amount of cash in a taxable account to move the needle or transfer out of Vanguard to a more loosely ran company where IRAs can have individual stocks. Both scenarios are not going to happen other than a possible taxable account in a few years but nothing compared to what is sitting in IRAs and 401ks.
As for the lowering of the Euro and Pound, we are taking another annual trip to Germany so that will be nice, though we never spend any USD over there are we are given pocket Euros to spend while we visit.