What Did You Buy Today?

[fenders53]

(02-04-2020, 01:52 PM)vbin Wrote:

(02-04-2020, 01:25 PM)fenders53 Wrote:

(02-04-2020, 11:07 AM)vbin Wrote: Anyone owns TEVA? I am big into this baby at 10. My largest non-div stock. This will be in teens by 2021.

Haven't looked at it lately.  So long ago I think is was a good Div stock then.  What do you believe is the catalyst to grow some earnings?

They had 3 major problems which made the stock come to where it is.

1. Due debt could have led to bankruptcy.
2. Opioid litigations.
3. Patent expiration for key drivers for revenue.


1. Is taken care of, they restructures their debt.

2. Will settle for sure. No one wants these companies to go bankrupt or stop from functioning. Govt and the lawyers are after money, they will get it.
3. Is being addressed by new drugs being launched, they are specifically launching a bunch of new products in Chinese health care market is huge and medicines are very expensive. Any company who is able to panetrate with any suitable drug is going to generate huge revenue. Why I know this? well I have been to China many times and have enough sources and experiences to validate it.

Checkout how fast they have been cutting their debt, when is it due, what revenue they are generating etc. The moment opioid sattlement is done, this is going to rocket.

Disclaimer: these are my personal views and I have a decent position in the stock.

We need a speculative stock thread rather than polluting this one.  Most of my new thread ideas go bust but I will start a new one.  That is where we could chat about speculative plays rather than here.  If you wouldn't mind, please  copy paste your TEVA propaganda there. J/K, I'll check it out.  I'm attracted to high debt companies.     Most all of us have a million dollar idea we could share.