Mitch, I made a promise once in this thread and mentioned when I would get out of Vivus. I did a few min ago ~ 37+;
The reasons:
-The general market is down with Greenspan and Vivus had an unlucky event of having eps come out on this day.
-Vivus did not meet whisper numbers of 36.Unfortunately those numbers were unrealistic, considering their restrained capacity, but nonetheless alot of people look at it, even though I don,t:they had a
very good quarter.
-people still need to be convinced about Muse.A miracle is needed
because of prvious Barron article. I think it will come.Maybe when Zonagen is denied FDA approval.Same with Viagra.
-but at the very top of my concerns, it is the market in general.I have been skeptical about it ,with Barrons, gg, for the last 2 years, but decided to look at the facts (n climbing Dow, money pouring in into Mutual Funds, ) ,disregard my personal beliefs of overvaluation and stay invested.
-at this time therefore I chose to take my profits, fold it for a while, sit in cash.I did that 4 times in the last 2 years and it helped me.I wish you and the thread luck.
TA |
