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Re: JLS post# 4633

Tuesday, 05/07/2019 6:00:55 PM

Tuesday, May 07, 2019 6:00:55 PM

Post# of 5003
BHC has been it's typical self. LOL
BHC & TEVA use to correlate 4 bucks and switch off one leads then the other. It was quite profitable with trading calls between the two after one would POP and the other showed signs of wanting to pop too. However now it's over 10 almost 11 in difference
BHC 25.49 / TEVA 14.61 Today was a bloody red day. MNK had good ER up 9% in AH and sold down almost 2% today. Biotech not getting much love these days and nothing looks like a buy and hold with POTUS tweeting at any time. LOL
All 3 of those stocks look good to me long term but that doesn't mean they won't go lower if Friday comes and Trump does what he says. That blood bath I'd add into at some point (-30% overall market correction) as I'd expect a week of that pressure would get both sides to hammer out an agreement even if it's for a few years. I wonder if BHC would have done much better had we not gotten tweeted over the weekend. Can someone just buy us out for 45 already?!?!!!
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