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sts66

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  • Orexigen torpedoes shorts on news of Contrave's heart safety benefit [View news story]
    Shorts didn't get burned, they shorted more!

    http://bit.ly/1BHy2gv

    22.4M covered, 26.6M new shorts created. OREX screwed the pooch, just unblinded the trial, will not sit well with the FDA.
    Mar 4, 2015. 10:14 AM | Likes Like |Link to Comment
  • Amarin: Deal With Eddingpharm Significantly Improves Funding Situation [View article]
    "Do Insurance companies give this drug a hard time?"

    And then some - Kaiser doesn't even cover it for TGs > 500.
    Mar 2, 2015. 07:10 PM | Likes Like |Link to Comment
  • North Atlantic Drilling: First Impressions Of The Company's Results [View article]
    Glad that you pointed out they actually eked out $5.9M in income - most reading about their Q4 just looked at that whopping "loss" and puked if they owned NADL. Not saying things are rosy though - they are looking at some very bad quarters until/unless the Ukrainians and Russians start playing nice - rushing to sign that Rosneft deal before sanctions went into effect, hoping to avoid them, was the brain dead move of the decade for any driller. But like the crash in crude, nobody could foresee how bad things would get.
    Mar 2, 2015. 01:17 PM | 1 Like Like |Link to Comment
  • Blood In The Water - Time To Buy BP Prudhoe Bay Royalty Trust [View article]
    BPT not going to $40 regardless of what the naysayers keep claiming - low point during the recession, when WTI was much lower than it is now, was $52 on Feb 9, 2009, and it closed at $59.

    CHKR is a POS, nobody should touch that - everyone who owns it (like moi) is PO'd they ever heard of it!
    Mar 2, 2015. 01:00 PM | 1 Like Like |Link to Comment
  • Prospective New Investors Have To Wake Up To See Amarin Now [View article]
    Avoid Vit D, E, and COQ10? He's off his rocker - for a cardio to say that about COQ10 is especially lame. BTW, he's lead PI for a REDUCE-IT type trial with statins and Epanova:

    http://1.usa.gov/1DKNjwk
    Mar 2, 2015. 12:52 PM | 1 Like Like |Link to Comment
  • BP Prudhoe Bay Royalty Trust: J.P. Morgan Says Sell - Stock Will Go Below $40 [View article]
    "One day, BPT will stop receiving cash and will shut down. We believe this day will come in a few years."

    In a few years? You lost all credence right there.
    Mar 2, 2015. 10:10 AM | 1 Like Like |Link to Comment
  • Amarin: Deal With Eddingpharm Significantly Improves Funding Situation [View article]
    AMRN is likely to get another $12M from warrants that expired in the money on Friday - ~8M for $1.50 - dunno if they'll announce if they were exercised on Tuesday, my guess is yes. And the China deal was almost certainly released when it was to get the pps high enough to those warrants to be worth it.
    Mar 1, 2015. 12:57 PM | 9 Likes Like |Link to Comment
  • Blood In The Water - Time To Buy BP Prudhoe Bay Royalty Trust [View article]
    "This is the greatest "Yield Trap" I have ever seen "

    You haven't looked around enough then!
    Mar 1, 2015. 12:53 PM | Likes Like |Link to Comment
  • Amarin's Vascepa Gains Market Share During The Week Of Presidents' Day [View article]
    Yes, the storms definitely were a problem the last week or two - horrible in the NE, we got > 1.5 ft here, snowed four times in 8 days.
    Feb 28, 2015. 03:26 PM | 1 Like Like |Link to Comment
  • Blood In The Water - Time To Buy BP Prudhoe Bay Royalty Trust [View article]
    Using your logic nobody should pay more for any given stock if the dividends paid over a period of time don't add up to the cost of the stock at the time of the buy (excluding potential cap gains, of course). BPT was trading in the $80's - $90's at $70 oil, which is likely where it will return within a year or so after shale output goes down because of the plunge in new wells being drilled.

    Another example - GNI was trading around $23-$24 as recently as Dec '14, at $75 Dec '13, despite the fact that it terminates this April - clearly there are plenty of people willing to buy high yielding trusts darn close to termination, let alone one like BPT that has another 15 yrs to go.
    Feb 27, 2015. 06:44 PM | Likes Like |Link to Comment
  • Amarin's Vascepa Gains Market Share During The Week Of Presidents' Day [View article]
    I highly doubt Prez day led to the drop in scrips - most private sector workers don't get that day off, maybe unless they work for or with the federal government, which does get the day off. In fact, I'd think scrips would rather tend to go up on day like that, as docs don't take it off either, and fed workers have the day to go to their doctor w/o losing hours/pay.
    Feb 27, 2015. 06:16 PM | Likes Like |Link to Comment
  • Ensco plunges 8% following surprise dividend cut [View news story]
    "They have 3 other old floaters in Singapore that will also need to be scrapped"

    You mean 3 more that aren't already on their hit list? If that's true, another strike against them when that news comes out, assuming it hasn't already.
    Feb 27, 2015. 06:09 PM | Likes Like |Link to Comment
  • Ensco plunges 8% following surprise dividend cut [View news story]
    Yahoo has ESV BV of $35, not $48. Funny how the tide has turned on ESV, now the new SA whipping boy, LOL.
    Feb 27, 2015. 06:07 PM | Likes Like |Link to Comment
  • Seadrill: Don't Worry, Seadrill Will Make It Through A Sector Downturn [View article]
    "Seadrill: Don't Worry"

    HAHAHAHAHAHAHA! Seriously, they are far from out of the woods, although cutting debt by $1B in Q4 was a nice start. Still holding all of my shares because they are about the only driller not stacking rigs, so as long as they can keep theirs at work, even at reduced rates if necessary for extensions, they should come out of this fine - they still make money and pay down debt at $400-$450k dayrates.
    Feb 27, 2015. 05:59 PM | 2 Likes Like |Link to Comment
  • Blood In The Water - Time To Buy BP Prudhoe Bay Royalty Trust [View article]
    If you buy here, reinvest the dist. thru 2018, you get 40% of your outlay back, have a bunch more shares, and the pps should be way higher because oil won't stay at $50 for more than 12-18 months, maybe even sooner. The key to these trusts is to get out way, way before they terminate. Or in the case of CHKR, don't get in at all!
    Feb 27, 2015. 05:50 PM | Likes Like |Link to Comment
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