catbird

Total Rating:
0 / 0

4 Comments

    • Mon Aug 25th 12:03 PM | Rating: 0 0
      Commented on:
      Dow Price Targets from Last November
      Pretty sobering!
      View article »
    • Sun Jul 27th 11:04 AM | Rating: 0 0
      Commented on:
      Does Icahn's Involvement Affect Share Price in the Long Run?
      The key to biotechs like Biogen is to develope and have a pipeline for new blockbuster drugs. When Biogen had to take Tysabri off the market after three deaths, management sensitively steered the right course and convinced regulators to let it be reintroduced with strict warnings and monitoring. With the support of users who had been benefiting from "T" and suffered because of its withdrawal, Biogen has regained most of the drop in stock price in recent days. Icahn has been a blessing in drawing attention to the stock, and a curse by interfering with mngmt by pushing them to put the company up for sale much as he unsuccessfully did with Yahoo. Biotech companies exist and thrive because of their trade secrets, patents, and research genius ideas.

      The company obliged Icahn in inviting bids, but no pharmaceutical or biotech stepped up to pay the premium for a buyout.

      Now the higher earnings and prospects just announced are rewarded by a nice bump up.

      If Icahn's involved in BIIB had a big part in the stock move since he first announced, I'll say, "Thanks, Carl" even though I'm not on a first name basis with him.
      View article »
    • Tue Jun 24th 20:11 PM | Rating: 0 0
      Commented on:
      Barron's Banks on $100 Oil
      Speculative energy futures trading is said to be 71% of trades and has been feeding upward price levels. This speculative fever can be controlled by having margins for energy and other commodities raised to 100%, both in the U.S. and foreign exchanges. Without cooperation elsewhere, domestic traders would go to other global exchanges.
      View article »
    • Tue Jun 3rd 22:15 PM | Rating: 0 0
      Commented on:
      Desperate Homebuilders Bringing Back Bubble-Era Financing - Housing Tracker
      What about the "f" word? Foreclosure, of course. Are they blind and deaf to all the "f" chatter?
      View article »
Contribute an Article Become a Seeking Alpha Contributor