What an asshole!!!
VRX
- Thread starter oldnemesis
- Start date
What an asshole!!!
Oldnemesis ..... Don't shoot the messenger. I'm posting what the market is telling us.
- You posted a 85/100 VRX debit spread for a debit of $573.00 - maximum gain $927.00
- With VRX at $120.00 the short call has acted as an anchor - you get a base hit instead of a home run.
- The VRX 85 March calls are about $36.00 now, while the 100 calls are $25.00.
- Lots of money is tied up in the 100 calls.
- This is the very reason I don't like Debit Spreads.
Not only have you no clue...you have no clue that you have no clue.Oldnemesis ..... Don't shoot the messenger. I'm posting what the market is telling us.
- You posted a 85/100 VRX debit spread for a debit of $573.00 - maximum gain $927.00
- With VRX at $120.00 the short call has acted as an anchor - you get a base hit instead of a home run.
- The VRX 85 March calls are about $36.00 now, while the 100 calls are $25.00.
- Lots of money is tied up in the 100 calls.
- This is the very reason I don't like Debit Spreads.
I am not interested in debating the credit spread/debit spread/naked option issue with you. It has been debated innumerable times on this board... it's a schoolboy debate.
When I say you are an AH it is not because of your liking your own trading method, we all do, but the fact that you are too stupid to realize the depth of the issue and that others may in fact have much more sophisticated understanding of the issue which are AS or even MORE valid and informed than your own.
If you have nothing to contribute (and believe me you haven't) than don't post on my threads and certainly don't lecture me on option trading... it is like a 2 year old lecturing his father.
NOW GET OUT OF HERE BOY .... Ya bother me.
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VRX:
http://finance.yahoo.com/news/valeant-slashes-view-q4-2015-193507508.html
http://finance.yahoo.com/news/ackman-tells-investors-could-firms-025044757.html
http://stockcharts.com/h-sc/ui?s=VRX
It remains to be seen whether VRX can mainstream itself and if its strategy of buying drugs which patients need and raising prices can actually work. I find it's strategy abhorrent and predict a lot of push back from congress.
http://www.cnbc.com/2015/12/15/congress-turns-up-heat-on-valeant-over-pricing-philidor.html
The deal with Walgreens :
http://www.cnbc.com/2015/12/15/valeant-strikes-distribution-deal-with-walgreens.html
seems more like a viable strategy.
BTW: Do you see how fat the CEO of VRX is. That's a disgrace. For me seeing a CEO looking like that gives me zero confidence.
I once had lunch with a Pharmaceutical CEO who was also a chubby. At lunch I had onion soup and a salad. He had two (not one) cheeseburgers. He died of a heart attack in Spain about a year later.
Looking at the VRX CEO I wouldn't bet on him being around long term.
http://finance.yahoo.com/news/valeant-slashes-view-q4-2015-193507508.html
http://finance.yahoo.com/news/ackman-tells-investors-could-firms-025044757.html
http://stockcharts.com/h-sc/ui?s=VRX
It remains to be seen whether VRX can mainstream itself and if its strategy of buying drugs which patients need and raising prices can actually work. I find it's strategy abhorrent and predict a lot of push back from congress.
http://www.cnbc.com/2015/12/15/congress-turns-up-heat-on-valeant-over-pricing-philidor.html
The deal with Walgreens :
http://www.cnbc.com/2015/12/15/valeant-strikes-distribution-deal-with-walgreens.html
seems more like a viable strategy.
BTW: Do you see how fat the CEO of VRX is. That's a disgrace. For me seeing a CEO looking like that gives me zero confidence.
I once had lunch with a Pharmaceutical CEO who was also a chubby. At lunch I had onion soup and a salad. He had two (not one) cheeseburgers. He died of a heart attack in Spain about a year later.
Looking at the VRX CEO I wouldn't bet on him being around long term.
http://finance.yahoo.com/news/valeant-vrx-declines-ceo-takes-194007970.html
"...The company announced that its chairman and chief executive officer (CEO) J. Michael Pearson has taken a medical leave of absence, effective immediately as he is being treated for pneumonia."
http://www.fiercepharma.com/tags/j-michael-pearson
http://stockcharts.com/h-sc/ui?s=vrx
Well that was pretty prescient of me. Here's something else I'll say: beware of a diagnosis of 'Pneumonia'. Most pneumonias are easily treated and one will recover in a week or so. When people say he has pneumonia, is hospitalized (most pneumonias are treated as out-patients) and needs to take a medical leave of absence it often means lung cancer in one of it's many nasty forms.
"...The company announced that its chairman and chief executive officer (CEO) J. Michael Pearson has taken a medical leave of absence, effective immediately as he is being treated for pneumonia."
http://www.fiercepharma.com/tags/j-michael-pearson
http://stockcharts.com/h-sc/ui?s=vrx
Well that was pretty prescient of me. Here's something else I'll say: beware of a diagnosis of 'Pneumonia'. Most pneumonias are easily treated and one will recover in a week or so. When people say he has pneumonia, is hospitalized (most pneumonias are treated as out-patients) and needs to take a medical leave of absence it often means lung cancer in one of it's many nasty forms.