prx
After a huge rally on friday, it is not surprising to wake up to red futures. Earnings seasons starts to kick into full gear this week, and should bring some excitement to some rather dull weeks.
Some interesting news this morning on a stock i have followed for years PRX with a buyout offer of $50. Have to find a post i made about that one, but always… Read More
On April 4th, the market hit a 4 year high as the $SPY touched $142.21. If you had told someone last October that the market would be up nearly 40% 6 months later, they would call you crazy. But that is exactly what happened from the 107.43 low on October 4th. Amongst all the negative sentiment, the market mysteriously found a bottom and rallied furiously, squeezing all the bears…… Read More
I have been following Par Pharmaceuticals (PRX) for 4+ years now, and have watched it move from $8.57 in 2008 to $42.80 last week. I quite honestly think the stock is just starting to get traction. I wrote about Par Pharmaceuticals (PRX) on April 24th, when the stock was trading at $40.94, and gave quite a few reasons for my bullish sentiment. Earnings are out pre-market tomorrow.… Read More
The market is never going to go straight up, although it felt that way from the start of 2012 until late march. Folks are continuing to look for catalysts to get some type of correction.
Earnings plays can be very rewarding for those who are on the right side of the trade via options. Apple (AAPL) and Amazon (AMZN) catapulted 10%+ on their earnings report the last two weeks, while Green Mountain Coffee Roasters (GMCR) fell 50% on theirs. Which will be the one to bring option players the 1000%+ gain in the coming week? Here are a few we have on radar for next… Read More
I wrote yesterday, that I thought AAPL would need to destroy estimates in it’s earnings report to move higher, and boy did it ever.
When you are looking to make a profit on options, the ones that are more volatile tend to be the smart play. But the best plays maybe the stocks that are not volatile, but may experience some turbulence in the near future. Par Pharmaceutical Companies, Inc (PRX) could be one one of these stocks. I brought it to your attention in January, when I said it… Read More
We had a phenomenal week at option millionaires, with many alerts and trades providing opportunities for huge returns.
The week started with our call of SINA at the open on Tuesday. Noticing the pre-market volume, and the action on all the China ADR’s, we thought SINA provided a great risk vs reward opportunity and brought the $55 weekly calls to our chat rooms attention at .40. As SINA started to… Read More
PRX was a company i followed over the past few years. A generic drug company, that i think one day will trade north of $50. During a presentation today, they noted higher margins and possible upside revisions to guidance. I think this stock is currently undervalued, and should see $40 in short order.
The company sees 2012-2014 CAGR for revenue of 8%; sees CAGR for cash EPS of 15%. The…
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