Read the posts on the Sepracor thread for the past month. Nice work over there, and folks have had a nice gainer in that this year.
The Takeda melatonin agonist still sounds interesting, I did not know that melatonin supplements clear so rapidly. I pop them like candy sometimes, but couldn't probably tell it from sugar pill.
Glad to be out of Elan, could get a trade out of that one soon, but gearing up for some vacation so I wont mess with it. Nice to be able to avoid the various temptations out there. Just wait for the next debacle, something always comes up for better entries. Sometimes I wonder if there will be a late 60s and 70s style bear market, where you could actually get companies with earnings cheap. Will the stock market ever go out of fashion to that degree again? I think it could do that. The US economy has lost so many manufacturing jobs, sure seems like a disaster in the works. Worse in Europe I suppose.
Staying in cash. It doesn't pay much, but you can't get hurt as far as I can tell, so what the heck.
Pretty rotten times for savers though. This government just does not want people saving. Pile onto the bond bubble, ha, no thanks! I'll take my zero to 3.7% returns and be glad of it I guess.
My money market is paying 0.07%, ha! I think I should replace some of that with a CD and get some insurance on it. |