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6228371

6228371
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  • Express Scripts none too happy with proposed cost of Praluent [View news story]
    "Total R&D spending does not correlate how much was spent specifically for the approved drug."

    As it should be, since so much research doesn't end up with a viable product. That research though is paid for, and its cost must be made up from the profitable products they develop.

    "Total R&D spending does not correlate how much was spent specifically for the approved drug."

    As it should be, since when research is done, it is not expected to lead to nothing, but instead there is a hope that at least a certain percentage of the research costs will result in profitable products. Of course it is not known ahead of time which research will be productive, since if it was, the unproductive activity would not have been done.

    If someone buys 1,000 lottery tickets at $1 each, and 999 become worthless, but one becomes worth $500, would you say that his cost for the winning ticket is $1, and that he has a $499 profit from it, or instead say that his cost for tickets was $1,000 and that he lost $500 on the lottery?
    Aug 3, 2015. 10:33 AM | 1 Like Like |Link to Comment
  • Express Scripts none too happy with proposed cost of Praluent [View news story]
    The cost to get FDA approval is huge. Some other countries almost automatically approve a drug once it has FDA approval.

    http://onforb.es/N2KUVt
    Aug 3, 2015. 10:15 AM | Likes Like |Link to Comment
  • Goldcorp: Think Twice [View article]
    "Gold isn't exactly cheap at current levels."

    Huh??????? On an inflation adjusted level the $850 1980 gold high is equivalent to around $2600 now. Gold is less than half that amount. It is cheap now, but not nearly as cheap as silver is now. On an inflation adjusted basis, silver is now less than 10% of its 1980 high. Gold at 74x the price of silver makes no sense at all. Silver is so much more useful than gold is. So much silver is used small amounts at a time, and not economical to reclaim. There is around 3x as much gold as silver available, making the value of all gold available around 220 times that of all the silver available. Does this make sense? Perhaps the price ratio should be under 10, and we might be headed there in a few years?
    Aug 3, 2015. 01:55 AM | 1 Like Like |Link to Comment
  • Gilead Sciences declares $0.43 dividend [View news story]
    At the right price though. Overpaying for a large acquisition might be a disaster!
    Jul 31, 2015. 02:34 AM | Likes Like |Link to Comment
  • Express Scripts none too happy with proposed cost of Praluent [View news story]
    'The real story is that they stick it to the U.S. because they can, and because they have to make up the profits they lose in the rest of the world, since they can't fleece British, Canadians, Egyptians, etc. "

    The drug approval processes for those countries don't cost what it does for FDA approval. Some countries have a very simplified approval process from drugs that are already FDA approved.

    http://tinyurl.com/pfe...
    Jul 31, 2015. 02:26 AM | Likes Like |Link to Comment
  • Express Scripts none too happy with proposed cost of Praluent [View news story]
    If congress pushes for lower pharmaceutical prices, pharmaceutical companies need to push back for lower costs to get drugs FDA approved.

    http://tinyurl.com/pfe...
    Jul 31, 2015. 02:22 AM | 1 Like Like |Link to Comment
  • It's a sea of red for gold mining stocks as gold drops to $1,100 [View news story]
    Gold at 74 times the price of silver makes no sense to me at all. In biblical times the ratio was 10. In the late 1400s, the ratio hit a low of 3! Imagine being able to buy an ounce of gold with just three ounces of silver. Part of what leads to the huge volatility in the price of silver is that such a large percentage of silver mined is as a byproduct of copper, lead/zinc, and gold mining. So a much higher silver price won't even cause that much more to be mined to suppress further price increases, as is the case for many other metals.
    Jul 31, 2015. 01:58 AM | 1 Like Like |Link to Comment
  • Gilead Will Keep On Rolling [View article]
    I guess many in the US want to see the US government getting the same price for prescription drugs as Canada and European countries get. I guess some in the US though feel that the US government should pay more, and help subsidize the cost of bringing a drug to market. Perhaps they might feel this way since getting a drug through the FDA approval process is so costly for a company. So the goal should be to try to streamline the approval process, so it is less costly for the without compromising on safety.

    http://tinyurl.com/pfe...

    http://tinyurl.com/7on...

    http://tinyurl.com/pkj...

    http://tinyurl.com/q4o...
    Jul 31, 2015. 01:07 AM | Likes Like |Link to Comment
  • CTC Media gives UTH Russia until Sept. 30 to seal $200M ownership bid [View news story]
    Why the delay in the earnings release? If the earnings are better than expected, CTCM might get a much higher offer. Why the urgency for a Sept 30 final deal? Doesn't CTCM have until the end of the year to have at least 80% Russian ownership?
    Jul 30, 2015. 01:59 AM | Likes Like |Link to Comment
  • AMD up 9.4% on solid volume [View news story]
    Is this the start of a short squeeze? It would be fun to see AMD soon spike up to $6+ on a short squeeze. Imo ultimately AMD will probably be taken over. Imo it will probably be by a company with very deep pockets and fabs. AMD shareholders though will likely not want to sell the company at under $10 a share, so takeover offers might not even happen until AMD is profitable again.

    http://tinyurl.com/pk3...
    Jul 30, 2015. 01:53 AM | 3 Likes Like |Link to Comment
  • Gilead Q2 top line up 27%; EPS up 33%; revenue guidance raised [View news story]
    While GILD does pay a dividend, the dividend rate is low, so the stock isn't bought primarily for the dividend. Stocks bought primarily for the dividend which are reasonable to be called "dividend stocks" are imo those with a dividend over 4%.
    Jul 30, 2015. 01:39 AM | Likes Like |Link to Comment
  • Why Total Return Is Like Trying To Add Apples And Bananas [View article]
    "And the statements above SHOW that income and wealth are NOT interchangeable."

    Let them eat cake!

    It reminds me of a woman I once dated. She said she didn't care how much money a man has. She only cares about what lifestyle he has. One can't sustain a luxurious lifestyle though if they are poor.
    Jul 29, 2015. 10:14 AM | 1 Like Like |Link to Comment
  • Gilead Will Keep On Rolling [View article]
    Perhaps 58 cents to 65 cents? Of course Gilead could start raising the dividend each quarter, and not just once a year. Figure the dividend rate at something around that of the S&P500.
    Jul 29, 2015. 08:55 AM | Likes Like |Link to Comment
  • Today's Fundamentally-Absurd Gold Stock Levels Aren't Sustainable [View article]
    Something from the recent past.

    http://tinyurl.com/plu...
    Jul 29, 2015. 07:27 AM | Likes Like |Link to Comment
  • Today's Fundamentally-Absurd Gold Stock Levels Aren't Sustainable [View article]
    "When you consider that 95% of the gold ever produced is still in circulation - you can see it's utter utilitarian uselessness and its non-critical nature in human existence. "

    Has the supply of gold worldwide been growing on a per capita basis? While gold is used primarily for jewelry, most women love gold jewelry! As women in developing countries become wealthier, they want more gold jewelry.

    Silver on the other hand is often used small amounts at a time that are uneconomical to recover. There is probably around 3 times as much gold available as silver, making the value of all gold available around 220 times that of silver. Silver is so much more useful than gold though, being the best conductor of both heat and electricity. Silver is used in solar panels, cell phones, computers, cars, airplanes, smart bombs, xray film, window coatings, some mirrors, etc.

    It is so crazy that gold is 75 times the price of silver. In the earth's crust, silver is only around 17 times as plentiful as gold. Since silver is used for so many things though, and so much silver used is uneconomical to recover, silver should really be more than 1/10th the price of gold. In biblical times, 10 ounces of silver bought an ounce of gold. In the late late 1400s, the gold/silver price ratio bottomed at 3. Imagine buying an ounce of gold with just 3 ounces of silver.


    Throughout history silver was much more widely used as money than gold was. In some languages the word for money is the same word that is used for silver.
    Jul 29, 2015. 07:25 AM | 1 Like Like |Link to Comment
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