|Day Low/High||43.56 / 46.08|
|52 Wk Low/High||40.01 / 63.86|
Perrigo hit some bumps, but it offers deep value and dividend growth.
These names are displaying both technical and quantitative deterioration.
A few favorable signals are starting to emerge on the charts of the private-label maker of pharmaceutical and wellness products.
The proposed, $63 billion transaction is the latest deal in an industry where it can be cheaper to buy the science of another company than develop products.
I see a lot of winners here because of hindsight.
Quantitatively or technically, PRGO comes up bearish.
The S&P 500 and Nasdaq both ended at records as the promise of tax reform from the White House fueled gains across major banks.
Stocks fall for their third day in a row.
Stocks significantly pared losses by the end of the session, though still ended slightly lower.
Having questioned the sanity of selling naked puts on individual securities in the previous post, here is an example of a strategy that a hedge fund, like myself, might utilize in selling naked puts and calls on a diversified index -- in this case t...
"The strategy of shorting puts (and buying shares) has put more of my friends out of business than any other option strategy extant. And these are professional traders that got into such a soup! My experience is that most investors (amateur and pros...
"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose." -- Blondie, " The Good, the Bad and the Ugly" No "Takeaways" today as I have I might be trading some of the earnings reports that will be released ...
The search involves a Department of Justice Antitrust Division investigation in relation to drug pricing in the pharmaceutical industry
"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose." -- Blondie, " The Good, the Bad and the Ugly" No "Takeaways" today as its vacation time at the Kass household and I want to take a swim with my fam...
Over in Columnist Conversation, Paul Price endorses the idea of selling (naked) long-dated puts in Fastenal . I continue to feel that this is a poor idea, both in structure and in company target. Here's why: While the options market for FAST is nomi...
"You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." -- Blondie, "The Good, the Bad and the Ugly" As I will be shortly involved in a potentially lenghty meeting, there will be no "Takeaw...
"Mistakes are always forgivable, if one has the courage to admit them." --Bruce Lee This morning shares of Deutsche Bank are down by another 8% after the Sunday report of a large secondary offering of DB shares. I would continue to avoid these share...
As I have written consistently in my Diary, there is a reasonable chance that the Valeant equity has little value. I obviously would not bottom fish in VRX. Nor would I pick at Perrigo . However, I have been adding to Campbell Soup and Hartford Fina...
Starboard Value recently disclosed a stake in the broadcaster, an investment suggesting a campaign pushing for stock buybacks, asset sales or an auction of the whole company could be next.
I covered my Fastenal short as posted. I think it is important to update all positions on a frequent basis. So Paul, what about your long Perrigo and short PRGO put position? Perhaps you should update!
Wall Street secured gains again by late afternoon Wednesday in unpredictable trading following President-elect Donald Trump's first press conference since July.
If you use TVIX and VXX put in an above-market limit order, or if you trade options buy calls on the VIX.
There may be some diamonds-in-the-rough among pharmaceutical consolidators and hospital chains.
When it comes to Perrigo, many stubborn traders have been transformed into long-term investors.
In looking for shorts there is one important and underlying factor that governs my selection process: I try through rigorous analysis to identify sectors and companies with intermediate-term prospects that are deteriorating relative to consensus exp...