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Strategies & Market Trends : Calls and Puts for Income

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To: CommanderCricket who wrote (5490)9/28/2012 9:39:33 AM
From: dealmakr   Read Replies (2) of 5891
 
Hi CC,

With just 114mm cash at the end of the last quarter, IMHO I think its still up in the air if Aetna and others decide not to cover their big product, that would be the elephant in the room to see if they can rally. Using the cash flows available data, they can go through that cash pretty quickly with the dividend and increased buyback and if the Aetna problem escalates then what?

They spent over 150mm last quarter buying in stock at an average of 41.85, now looks like a bad deal.

Just my .02

Good trading

dealmakr
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