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Doyle3000

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  • Gilead Sciences Gets Ambushed By The Patent Troll, AbbVie [View article]
    Ours is the only country that whenever anything happens (Election controversy, natural disaster, terrorist attacks, mergers & acquisitions, etc..) that the LAWYERS make a ton of money no matter who wins, loses or is blown up in a factory accident.

    My favorite grad school professor predicted in the 80's that the TV Show LA Law had spurred a phenomenon where there were at the time more lawyers in law schools than there were lawyers.

    He said, and I quote "They will take over every industry you can imagine. They will be out there looking for things to sue over. And they'll write laws to make it easier to do so". Man did he nail that prediction.
    Nov 13, 2014. 10:34 AM | 4 Likes Like |Link to Comment
  • Gilead Sciences Gets Ambushed By The Patent Troll, AbbVie [View article]
    #UnCrustableBurn
    Nov 13, 2014. 10:28 AM | Likes Like |Link to Comment
  • Why Gilead Sciences Stock Is Still A Buy [View article]
    but look what it did for AAPL
    Nov 11, 2014. 02:48 PM | 1 Like Like |Link to Comment
  • Why Is Gilead Always Holding The Ace? A Prediction Of The Future HCV Market And What Analysts Aren't Talking About [View article]
    Wow that was enlightening. If you watch stock prices you'd think that ACHN had the miracle cure and that GILD was trying to catch up!
    Nov 11, 2014. 02:42 PM | 2 Likes Like |Link to Comment
  • Pity The Hedge Fund Manager [View article]
    for the first time in my investing life, I had AAPL close at $109.01 but my $109 calls weren't executed. I still own the shares (and promptly sold the $111s on Monday)

    I also had January strikes called this week on AAPL. very odd week indeed. Must be like baseball, if you watch enough, you'll see something you've never seen before.
    Nov 11, 2014. 10:23 AM | Likes Like |Link to Comment
  • Update: Whiting USA Trust I Has A Total Of 85 Cents In Remaining Distributions [View article]
    the spread was ridiculous buying or selling the puts. When it was trading at $4.50 it was $2.50 to buy a $3.50 put or $0.50 premium if you sold one. the only people who would ever make money are the market makers, not the traders. never seen anything like it but now I'm aware it's out there. that was one free lunch that I never got to eat, but they did.
    Nov 11, 2014. 10:19 AM | Likes Like |Link to Comment
  • Gilead: Stay The Course [View article]
    Agree, all of the exciting results included Solvaldi and nothing really screamed out at me that someone's got the inside track to pass GILD anytime soon. I'd bet that GILD will develop solely or with someone an 8 and 4 week solution down the road so the tailwind is very strong.

    And remarkably the market still doesn't get the profit train that is coming down the tracks. BUY BUY BUY
    Nov 10, 2014. 05:23 PM | 1 Like Like |Link to Comment
  • Gilead: Stay The Course [View article]
    The big lesson I learned with AAPL (besides patience) was that no matter how fundamentally strong a company is, you do have to take profits once you're up big. It can be sold off on perceptions or automatic rebalancing in huge mutual funds.

    I've been shedding AAPL slowly at about 100 shares per week and pouring that into GILD. Like @13302 says, I'll re-evaluate at $140. These next two earnings reports should show the world that today's price is akin to AAPL at $580 per share. It has so much profit growth coming and is trading like a grandma dividend stock (KO, KMB, MCD)

    Hang in there and make it rain!
    Nov 10, 2014. 05:11 PM | 1 Like Like |Link to Comment
  • The Unintended Consequences Of Hedge Fund Fees [View article]
    You hit the nail on the head, my one completely transparent 'new millionaire" friend whom his wife calls "new money" couldn't get into a hedge fund fast enough. It was the equivalent of buying a new BMW or a membership at the more expensive country club.

    P.T. Barnum's epic line that "a Fool is born every day" plays all the way up the money hierarchy. The smart many can be very stupid.

    I see you're long SPY and would argue that <3% of hedge funds have beaten that ETF over the last 5 years.
    Nov 10, 2014. 12:51 PM | Likes Like |Link to Comment
  • Why Gilead Sciences Stock Is Still A Buy [View article]
    good article, I've been accumulating. I believe what is holding it down is the perception that the government will somehow will GILD to lower their pricing on the Hep C drugs. Once the market realizes it won't get involved and the first profit numbers hit from Harvoni, it should jump at least 10%

    if you have 4 years to invest your money, you can't pick a better stock. if someone out there disagrees, I'm all ears!!
    Nov 10, 2014. 11:25 AM | 7 Likes Like |Link to Comment
  • Update: Whiting USA Trust I Has A Total Of 85 Cents In Remaining Distributions [View article]
    @pacman1 - should've clarified. The puts are ridiculously expensive. When the stock was trading at $4.50 and it was worth about $3.50 I tried to buy a $4.50 put and they wanted to charge me $2.50! The stock would've had to drop to $2.00 for me to break even! And when you go to short the stock, you can bet no one will lend you the shares unless you want to borrow them at $5.50 per share. And I bet people have a tough time buying to close as well. I never shorted it but got burned on the puts. The options market make out huge with this one but no investors can. It's a rip-off. Don't even try.
    Nov 9, 2014. 01:48 PM | Likes Like |Link to Comment
  • Update: Whiting USA Trust I Has A Total Of 85 Cents In Remaining Distributions [View article]
    I tried a few times to make money on this gross over-valuation and failed. The longs will be left with $0 and they won't even realize it. They'll just see it plunge and wonder what the heck happened to their 'awesome yielder'. You can learn a lot about human investing by following this stock. Very irrational.
    Nov 8, 2014. 05:36 PM | 2 Likes Like |Link to Comment
  • Update: AIG Warrants Still A Better Option Than Common Shares [View article]
    If you have a long time horizon and want to sleep well at night, just being long AIG should net you double digit returns over the next several years almost guaranteed. The bailout is still hanging over it like a cloud but it'll eventually dissipate.
    Nov 8, 2014. 02:48 PM | Likes Like |Link to Comment
  • Update: Callidus Software Q3 Earnings Suggests Continued Strength [View article]
    Did you say salesforce.com and 'earnings growth' in the same sentence?
    Nov 8, 2014. 02:42 PM | Likes Like |Link to Comment
  • Pity The Hedge Fund Manager [View article]
    That's like saying "Singers buy houses for cash". Yes I'm sure Bono, Taylor Swift, Jay Z do buy houses for cash, but they are an elite few compared to the myriad singers out there. Hedge funds statistically equate to 'dumb money'. I think it's an ego thing for people to have their money in hedge funds. Sounds impressive but the millionaire next door has ETFs that soundly beat returns year in and year out.
    Nov 8, 2014. 02:35 PM | 3 Likes Like |Link to Comment
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