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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Friday, February 6, 2009

MRK


And yes I'm shorting MRK because I loathe drug companies.....Serioulsy, you can look at a drug company's balance sheet and chart and think, "why is this stock not at least 50% higher". And then you realize it's because they are run by bone-head CEO's who squander profits on fruitless R&D or take cash reserves to buy an empty pipeline and more fruitless R&D. Sorry for the rant, but if yo are new to this heed this advice; Stay AWAY from drugs unless you are SHORT or into PUTS, that's right, "Just say no".......


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