Short seller who crushed Valeant just slammed another pharma stock

Discussion in 'Stock Market Forum' started by Rainman, Nov 10, 2015.

  1. Rainman

    Rainman Senior Investor

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    In October Valeant Pharmaceuticals stock fell by 40% when Citron Research, a short seller, accused the company of using specialty pharmacies to inflate their revenue. The company denied the allegations but the damage had already been done. The short seller has claimed another victim:

    http://www.businessinsider.com/mallinckrodt-stock-dives-after-citron-tweet-2015-11
    Do you think most pharma stocks are overvalued?
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I bought a little Valeant recently after it dropped like a stone from $250 to around $100. But I think most novices who have limited time and limited money to devote to investing should stay clear of these highly speculative and much-maligned stocks.


    I do love biotechs myself though in modest amounts. But I'm highly diversified on these, and I do watch them like hawks:
    HoldingCurrent Price $Share BalanceMarket Value $Portfolio Weight %
    SPHS| Update Ticker2.93000.00000.000.00


     
    Last edited by a moderator: Jul 8, 2016
  3. JR Ewing

    JR Ewing Super Moderator Staff Member

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    [​IMG]

    Transaction
    Date
    Transaction
    Type
    Dividend Per
    Share
    Shares
    Transacted
    Share Price
    $
    Split
    Ratio
    Commission
    $
    Transaction
    Value $
    Share
    Balance
    [​IMG]
    4/14/2015Buy108.00000.92590.00100.00108.0000
    10/27/2015Buy108.00000.71000.0076.68216.0000
    11/10/2015Sell216.00002.55000.00550.800.0000
     
  4. JR Ewing

    JR Ewing Super Moderator Staff Member

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    That's SPHS. I bought 108 shares at $.9259 a share in my growth portfolio on 4/14, and another 108 shares at $.71 on 10/27. I then sold them all today at $2.55 for a profit of nearly $375.

    I also had that same stock in my speculative value portfolio. I bought 147 shares in this portfolio on 5/13 for $.6802, and sold them today in this portfolio for $2.60 for another profit of nearly $300. I just wish I'd bought far more of this one. :D

    Transaction
    Date
    Transaction
    Type
    Dividend Per
    Share
    Shares
    Transacted
    Share Price
    $
    Split
    Ratio
    Commission
    $
    Transaction
    Value $
    Share
    Balance
    [​IMG]

    5/13/2015Buy147.00000.68020.0099.99147.0000
    11/10/2015Sell147.00002.60000.00382.200.0000
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Here's AGN:

    Transaction
    Date
    Transaction
    Type
    Dividend Per
    Share
    Shares
    Transacted
    Share Price
    $
    Split
    Ratio
    Commission
    $
    Transaction
    Value $
    Share
    Balance
    [​IMG]
    3/21/2014Buy14.0000214.28000.002,999.9214.0000
    10/29/2015Sell14.0000312.83000.004,379.620.0000
     
  6. JR Ewing

    JR Ewing Super Moderator Staff Member

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    CYTK:

    2/25/2015Buy385.00007.79000.002,999.15385.0000
    5/1/2015Buy385.00005.73000.002,206.05770.0000
    7/30/2015Buy385.00006.06000.002,333.101,155.0000
    11/2/2015Sell1,155.000010.25000.0011,838.750.0000
     
  7. JR Ewing

    JR Ewing Super Moderator Staff Member

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    NWBO:



    Transaction
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    Type
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    Shares
    Transacted
    Share Price
    $
    Split
    Ratio
    Commission
    $
    Transaction
    Value $
    Share
    Balance
    [​IMG]
    10/17/2015Buy100.00004.21000.00421.00100.0000
    10/21/2015Sell100.00005.41000.00541.000.0000
     
  8. JR Ewing

    JR Ewing Super Moderator Staff Member

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    FOLD:



    Transaction
    Date
    Transaction
    Type
    Dividend Per
    Share
    Shares
    Transacted
    Share Price
    $
    Split
    Ratio
    Commission
    $
    Transaction
    Value $
    Share
    Balance
    [​IMG]

    10/3/2015Buy78.00006.39000.00498.4278.0000
    11/2/2015Sell78.00008.41000.00655.980.0000
     
  9. JR Ewing

    JR Ewing Super Moderator Staff Member

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    HRTX:

    [​IMG]Transaction
    Date
    Transaction
    Type
    Dividend Per
    Share
    Shares
    Transacted
    Share Price
    $
    Split
    Ratio
    Commission
    $
    Transaction
    Value $
    Share
    Balance
    [​IMG]
    9/28/2015Buy100.000026.04000.002,604.00100.0000
    10/14/2015Buy100.000021.98000.002,198.00200.0000
    10/28/2015Sell100.000026.85000.002,685.00100.0000
    11/2/2015Sell100.000030.53000.003,053.000.0000
     
  10. JR Ewing

    JR Ewing Super Moderator Staff Member

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    A little nibble of TRIV:
    9/8/2015Buy21.00004.58000.0096.1821.0000
    10/27/2015Sell21.00006.70000.00140.700.0000
     

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