Replies to post #7500 on Halozyme Therapeutics Inc (HALO)

[easycomeandgo]

Fine, no problem. You are not going to get me into politics. I couldn’t care less, especially not given the current character cast. Years ago, when I did care, I was a registered independent. These days, I do recommend retirement homes, shuffle board and bingo for the lot. For some, diapers even. Metformin doesn’t work. Didn’t ATRS goof around with a metformin self injector? Another hot product, like aesthetic rHuPH20. A new wrinkle.

The “proto fascist” Mussolinian devil was not advancing any political theories in the instance I was referring to, but merely his method of classifying what was known and unknown. He was not taking bribes, nor mocking anybody. Not hypocritical, not falling in love with his own reflection. Innocuous by today’s standards, and his theory of Known Knowns, Known Unknowns, and the fearsome Unknown Unknowns rather humorous and insightful.

It works in investment analysis, too.

[easycomeandgo]

I fear I did not answer your question. In view of our tenuous grasp on reality, that is hard to do. My doubts concerned more the concept of more known=less unknown.

With insider sales thriving in the face of wonderful expectations I am confused, as I have said.

Why using cash to buy a struggling, post-patent ATRS when Halozyme‘s prospects and patent situation was great is also confusing. Injectors are mostly out of patent protection, if the business is any good the Chinese and Indians will not be timid, nor high cost producers.

Halozyme’s own patent and royalty situation is difficult to have certainty about.

The debt to equity conversion, with probable stock liquidation and/or hedging is not “more you know”.

I am not sure whether he falls into the “proto fascist” category or not, but I give credence to Jamie Dimon’s take on the economy and the market. Larry Summers, also reported to be knowledgeable, likewise merits attention.

So, what is my take on Halozyme? Take your pick from the above. To say that “Helen is bullish” is not “more you know”. What else would one expect, Heaven bless her?

Stocks, practically all in institutional hands, don’t just go around helter-skelter tanking 50%. This is not “more you know”.

The less I know, the more I don’t know? When that happens, I look at opportunities elsewhere. They exist.