09-03-2021, 10:08 AM
[quote pid='28496' dateline='1630673323']
[quote pid='28481' dateline='1630604268']
added 800 ABBV at $107 yesterday and today added MA, CI and PPG
HRL order got filled at $43.50
Sold out of OKTA, COUP and U in my trading account and added SHW, AZO and ALB
That's enough lol
[/quote]
Are you getting nervous about ABBV's patent expiration?
I would love to buy some OKTA on a dip. We use it at work.
[/quote]
ABBV patent expirations while important, are baked in. The market has known for a very long time without a miracle ABBV revs drop in 2023. That is why the PE is low. They do have a good pipeline and they will get through it. ABBV would likely be 140 if the patents cliff wasn't coming.
And Divemenow is going to swing trade a lot of those shares he picked up on the bad news dip the market will forget about soon enough.
[quote pid='28481' dateline='1630604268']
added 800 ABBV at $107 yesterday and today added MA, CI and PPG
HRL order got filled at $43.50
Sold out of OKTA, COUP and U in my trading account and added SHW, AZO and ALB
That's enough lol
[/quote]
Are you getting nervous about ABBV's patent expiration?
I would love to buy some OKTA on a dip. We use it at work.
[/quote]
ABBV patent expirations while important, are baked in. The market has known for a very long time without a miracle ABBV revs drop in 2023. That is why the PE is low. They do have a good pipeline and they will get through it. ABBV would likely be 140 if the patents cliff wasn't coming.
And Divemenow is going to swing trade a lot of those shares he picked up on the bad news dip the market will forget about soon enough.