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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (47243)6/30/2012 11:10:32 AM
From: E_K_S  Read Replies (2) of 78741
 
Way to stay w/ holding some of your AMLN shares. I sold my shares over two years ago. I was not patient enough to wait for their value proposition to develop. Their offer is up to $31.00/share from their earlier offer of $21.00/share in February.

Bristol-Myers To Buy Diabetes Maker Amylin For $5.3 Billion
goo.gl

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I have cut back on my pharma holdings in recent years but still own shares in BMY, PFE, MRK, ABT, NSRGY (This one has a drug spin w/ their baby formula). Now that Obama health care passed, it might be time to build up positions in this sector as value candidate present themselves.

I maintain a 16 stock Drug/Pharma watch list that I monitor and BAYRY is one I like a lot. I missed the recent drop below $60.00 (6/5/2012) and now the stock has gaped up to $71.50/share. LLY, MDT, COV, BDX & GSK all sell at reasonable PE's but none for me at this time are screaming value buys.

EKS
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