Bounces is a bear market? Akin to picking nickels off the rail in the face of an oncoming freight train. Is it's whistle blowing? To some I suppose, a sport. Addicted to random awards, is not rewarding in the long term. The idea is to replicate over and over. For those that adhere to fundamentals, Bristol Myers has a PE of 51. Acquistion of Celgene is defensive rather than offensive. Note the all time high and failure.
I show a forward PE of 13.4, 3.85 (TTM) price/sales, and 16X cashflow. Its at a 5 year low. 3.15% dividend. Not sure how CELG is gonna muck this up though. Although they say it will be immediately accretive to FCF. So... who knows.
Advising members now? Maybe you and Maximumsuffering can study for the Series 7 together. I heard he moved his couch to TX.
LULU is $133 now, FIVE is $116, TEVA $18. Just sayin'. edit: Now might be the time to take some off the table.