Buys for a Down Day

I sold all of FAZ today at $5.30. It had a nice gain over 12% today. I am looking at two small pharmaceutical companies. One is Cubist Pharmaceuticals (CBST) and the other is Endo Pharmaceuticals (ENDP). BP (BP) is also starting to look attractive. I am looking at adding more shares for my long term portfolio. The stock has dropped to the mid $40’s and I love the dividend.

I bought a few more shares of the UltraShort S&P500 (SDS) at $58.30.

Comments

[jeandit75:]

Did you also use the toilet yesterday? Who cares bout your trades! What a waste of time and energy. The quality of letters is definitely not improving.

Jun 23 07:02 AM

[buoy:]

You'll be ok with BP. Not to sure about the others, though.

Jun 23 09:19 AM

[MBS Man:]

Anybody have any idea what's with CBST's litigation with TEVA over the Cubicin generic deal?

Jun 23 09:38 AM