Sometimes you just need four minutes of fun. If this is one of those times, click here. It is a sure thing you will be smiling four minutes from now.
I wouldn’t mind if Fox dropped the laughable pretense of “fair and balanced.” But as Zac Bissonette points out here, FoxBusiness.com surveyed its folks on the health care legislation.
A la . . . How are you getting along with your wife? (A) I am beating her daily; (B) I have stopped beating her daily; (C) Ask me later.”
No place to respond “(D) Fine, thanks.”
Take a look.
When called for a comment, the foxbusiness.com spokesperson said, “We don’t think a comment is necessary.”
“Ok, so no comment?” asked Zac.
“Well no . . . we don’t want to comment but we don’t want to say no comment.”
Samuel Caldwell: “Does your guru say anything recently about Dendreon?”
☞ Guru thinks the FDA will not accept the statistical underpinnings of DNDN’s application. This could happen a few weeks from now or be postponed, but he’d be surprised if it went past the end of the year.
The only two things I know for sure are that Guru’s understanding of the science and statistics and FDA guidelines at play here are miles ahead of 99%+ of the people buying this stock (meaning them no disrespect; it’s just true) . . . and that there’s a lot more upside than downside if you were to buy (say) a January 2011 put with a strike price of $15 (to take just one example) for $185. Heads, you win perhaps $800, tails you lose your $185.
It’s a crap shoot – no guru is right all the time – but this guru is right more often than not. So when it’s essentially “heads I win $4, tails I lose $1,” it’s a bet worth taking . . . with money you can truly, truly afford to lose, because you truly, truly may.
Now stop thinking about money and click the link up top and have a little fun.
Quote of the Day
On the day of the 1983 economic summit, James A. Baker 3rd, then chief of staff, realized Mr. Reagan had not read his briefing book. When Mr. Baker asked why, Mr. Reagan responded, 'Well, Jim, The Sound of Music was on last night.'~Professor Herbert S. Parmet reviewing President Reagan: The Role of a Lifetime
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