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Zilla

02/06/24 12:53 PM

#4981 RE: Zilla #4980

BHC 8.07 with a low of 7.78
BLCO @ 14 up 2.4%
200 DMA 7.82
50DMA 7.84
Looking good heading into ER with the Golden Cross. I think we broke 9 this year already so that's possible if the GC isn't disturbed let alone a good ER. I'll trade accordingly and hold a core for hopefully future BLCO shares. If nothing is mentioned about that, I could see BHC trading a half of BLCO like it was before. However both should go much higher IMO and if we get no appeals and a win in court on Xifaxan, then a new 'trading range' 10-12 is possible with a POP to 15-16 before it finds it's trading range. With BLCO at 14, 80% shares times .77 your BHC holdings then divide that into the BHC shares currently is 10.78 valuing BHC as worthless. I also think BLCO will be mid 20's after split sell off is finished. Who knows but I see a LOT of value in both stocks but I flip for freebies and trade accordingly. BHC was a 30 stock on split announcement hype and mid/low 20's when Uncle Carl bought and when Crammer recommended. Those two are good to follow AFTER their plays get hit hard. Hello IEP...Divi kept at 1 or cut will decide that movement. Even if only in the short term. Good luck...