Thread Rating:
  • 5 Vote(s) - 4 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What Did You Buy Today?
(01-06-2017, 12:08 PM)divmenow Wrote: TEVA getting very interesting at these levels. Anyone buying?

Yea I bought some at 38 when it started to go back up.  I do not like the BIG RED candle with 75% volume above the Vol 60 day moving average. If it breaks down below 34 it may go lower (28?)

From the TheStreet.com
The Israel-based generic pharmaceuticals company expects earnings per share of between $4.90 and $5.30 for 2017, missing estimates of $5.41.

As for revenue, the company now expects between $23.8 billion and $24.5 billion, missing estimates of $24.8 billion

May sell if goes below 34 and take a loss.

Other Thoughts?
If you look at a 5 year chart $37 was about support and it held on 3 different occasions. But now were sitting at $35 and we haven't seen it this low since 2007. I doubt it goes below $30 and if the street is so negative then maybe it's time to take a position here. In fact the #'s were that bad. Plus the yield is nearly 4% now.
Opened AMGN and WSM
Pick up HRL at open this morning.
Picked up 32 more shares of OHI.
picked up T and ABBV
added ABBV
I like the way you think billm lol
I just like moolah Smile
Picked up some OHI and some BMY. 1st purchases in some time. Unlike the rest of you that have an endless supply of $, I just pay mortgage payments. Lol
Almost bought CINF, down 6%ish today. Didnt have enough time to research why.

Still eyeballing MDT, VFC, and CAH, but cautious about spending all my dry powder.
what do you guys think of MGA




Users browsing this thread: 49 Guest(s)