iBankCoin

Before You Short That Biotech Stock

Bear  in mind that GILD just did a $10 billion convertible bond offering, usually an early tell on a company’s intentions to buy back shares or making an all cash acquisition.

It’s amazing how hated the medicine man stocks are right now. Look at my ONCE. They hosted a conference call this morning to calm down investor fears of their phase 3 trials, said all good things, and the stock dropped 4 on the open.

You people need to unwind, take it easy, and smoke a few phillied blunts stuffed with marijuana.

The market looks fine. PANW is showing you something and no one is paying attention.

How is CYBR down today?

Both distressed biotech and social media are worth a shot here, if you haven’t already made your 10 billion dollar fortune (extra David Tepper).

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5 comments

  1. Marc David

    What do you think of bodybuilder who take substances known to assist in muscle building (not OTC) and post all these motivation “work hard; never quit; be the beast” bullshit Instagram quotes all day long?

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  2. Dr. Fly

    I think bodybuilding is like a drug and it makes people obsess over muscle building, like an artist obsessed over a sculpture. Those who use drugs to build muscle aren’t cheats, but mentally ill.

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  3. matt_bear

    the usage and lying about using has created this vision of a body that truly is not capable of being built by most. They’re chasing the sun.

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  4. Marc David

    Well said … thank you guys.

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  5. mrcharlie

    OGXI here??

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