The Contrarian

[aim hier]

Closed out my calls in MRK, an expensive lesson, hopefully, I'll learn from this.

I'm still amazed at how tolerant corporations are of incredibly incompetent CEOs. MRK has shed billions of dollars, seemingly faces oblivion, and management is fat, dumb, and happy.

MRK is the largest and financially strongest pharmaceutical company (at least until the VIOXX payouts begin), it may be a great contrarian play, I was way too early.