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Old 08-29-2016, 03:39 PM   #41
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I only dabble in individual stocks in what i call my "play" portfolio, seeded with a total of 20k three yrs ago. Up to just under 30k now. In that portfolio my only biotech is REGN. Chose that biotech co for my own interest in its drugs for mac degen and cholesterol drugs plus low or no debt and a measure of profitability as compared to so many in this sector. Has done well for me, and I have pulled out my original investment and am letting the rest ride. Again, this is just a "play" portfolio representing a very small percentage of assets,
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Old 08-30-2016, 11:02 AM   #42
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picked up another 250 of GILD at $77.96
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Old 08-30-2016, 01:53 PM   #43
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Hold some dry powder for low 70s on Gilead if the overall market crashes in September. Then buy and resell it in the 80s when they recover this December.
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Old 08-31-2016, 10:56 AM   #44
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I am holding 46% in cash right now. If the market crashes, there will be more things for me to buy. It's healthy for the market to lose some froth. Right now, it's hard to find bargains, and the cheap stocks are so for a reason, and some get even cheaper.
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Old 08-31-2016, 12:13 PM   #45
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patent infringement claim - University of Minnesota sues Gilead Sciences over patents for hepatitis drugs - StarTribune.com
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Old 08-31-2016, 02:35 PM   #46
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Hope Minnesota isn't found out to be lying like Merck did. Merck had to pay Gilead instead of making money off them. Might be bad for Minnesota's tuition fund.
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Old 08-31-2016, 02:38 PM   #47
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who knew ?? (besides lots of insiders & family of course)
I could guess this is the reason for the decline.
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Old 09-07-2016, 09:53 AM   #48
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Sold 500 Gilead for $78.50 today for a small profit. Really picking up the pennies in front of the steamroller now, but what else is there to do? The price remains very suppressed. Also sold some Endocyte for $3.11 which I bought at $2.97. Sounds small, but I deal in 10,000 shares.
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Old 09-08-2016, 11:05 AM   #49
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Sold more Gilead today at $79. Still just picking up pennies, but they are starting to need rolling. Amazing you can make money on a falling stock as long as it keeps choppy. My first buy of Gilead was at $90 and I am still net positive on my investment.
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Old 09-09-2016, 01:14 PM   #50
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With the market down 2% Gilead is only down 0.6%. Seems to have found some temporary support here around $77 to $78.

Gives me some greater confidence it will hold up better than most if we get more market malaise.
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Old 09-09-2016, 03:26 PM   #51
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With the market down 2% Gilead is only down 0.6%. Seems to have found some temporary support here around $77 to $78.

Gives me some greater confidence it will hold up better than most if we get more market malaise.
Not sure it helps much when you get this, an odd way of saying he thinks a PARP inhibitor could be profitable.

"Yesterday, Gilead Sciences (GILD) made waves when its management said it was willing to take a risk for the right PARP inhibitor. Gabelli’s Jing He explains what that means: On September 8, 2016, Gilead stated that the company is willing to take risks with “meaningful differentiated” PARP inhibitor at a healthcare conference. "
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Old 09-13-2016, 10:06 AM   #52
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Reminder, Gilead goes ex-div tomorrow. I picked up 500 today at 77.90 going back to 2000 shares and will be happy to collect my $940 check.

I have a strong feeling the dividend payment will not even drop the stock, considering how much cash flow they have and how low the price to earnings is right now. If we have an up day tomorrow, it might even trade higher ex-div.

Caveat is the whole market crashing, but then you are not safe in any stock.
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Old 09-13-2016, 10:37 AM   #53
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Only had a small amt of dry powder right now so I only picked up 130 of GILD at 77.66
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Old 09-14-2016, 05:01 PM   #54
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Last time I looked, Fidelity Select Biotech has contributed about 10% of my current profits with an average 2% of invested assets. That's since 1995, to be sure. And I generally steadily take 5-10% profits when it ran up 80-150% in 12-18 months, with taking more profits as it kept levitating.
I'm down 15% on GILD and 20% on Geron (the latter got bad news on their trial, so I may dump it). In my experience, best to invest most assets in a fund to spread your risk. But make your own decision. I pumped money back in the Fidelity fund after corrections. It is volatile, like small cap funds, so don't invest if you can't stand the fire of volatility.
I like GILD a lot but only as a 5 or more year holding. It is a cash cow and will remain so--but the market doesn't value cash.
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Old 09-14-2016, 05:49 PM   #55
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I'm already at 1.5x position, but if they continue to go down with the market, I might violate rules and pick up .25x more or .5x for a short-term trade. Or longer. I think the market view will turn on GILD when it turns, which is when it begins to beat up those who earn half their cash flow at twice the price.

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GILD getting a little beat up today.
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Old 09-14-2016, 05:51 PM   #56
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Or an acquisition. I think GILD should only acquire HepB or NASH, not overpay 2-3x to make WallStreet happy.
This is a 3-5 year stock, not a short-term buy in my view.
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Old 09-15-2016, 04:25 AM   #57
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Fermion (and others I guess),

You seem to be a very active market participant. How have you done with this? Do you beat the SP500?

Long term chart of GILD looks problematic.
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Old 09-15-2016, 05:28 AM   #58
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Most of our money IS in the S&P500 so it would be hard to beat it by a lot.

One of my accounts is up 98% this year, so that one is beating it handily.

The Gilead account is up about 4% (was up 22%) but I am hoping it beats the S&P500 by end of year.

What don't you like about the long term chart? Gilead is up some 5000% in the last 20 years.
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Old 09-15-2016, 12:39 PM   #59
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Just sold 500 Gilead at $78.70 ($77.90 purchase) and those captured the $0.47 dividend. More pennies.
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Old 09-15-2016, 12:45 PM   #60
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"One of my accounts" is a good way to skew data. Open 100 accounts, trade differently, brag about the good ones.

For non SP500 money overall, that is what I am asking. Being up at some point in time in the past is meaningless, I really do know this from experience. YTD and 2015 overall would be nice.

The long term chart of GILD indicates that the 30week, 50 day, 200 day averages are all moving downward.
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