Jiesen tries to take over the world

[jiesen]

So, you're still in Osaka Jeisen? Cool!

I got back home yesterday and have to go to work first thing Monday morning.
I'm thinking of going to London or Switzerland for a week in March though.

yep. still here! im here till friday, then back to work the next monday. so the POTW cumulative results will be a week late or so... but oh well, thats how it goes, eh? sorry your vacation is over already- but glad mine's not!

went mountain hiking yesterday, had an awesome time!

Europe will be great, Im also planning on a trip to Spain, Switzerland, maybe Prague in a year or so, whenever I can get the time free to go. London is excellent for a trip- never been to Switzerland, though.

[Websman]

So, you're still in Osaka Jeisen? Cool!

I got back home yesterday and have to go to work first thing Monday morning.
I'm thinking of going to London or Switzerland for a week in March though.

[jiesen]

Jiesen,
Sorry to keep bothering you but all these companies seem to be from your neck of the woods. Have you ever had dealings with SAIC ? Impressive company from what information I've gleaned. Saw that they started in La Jolla and it made me think of you and LJPC. Put a limit order in for 16.95 and doesn't appear that it will fill. However did get some for 17.75. The employee/owners are going to do very well here getting a 15.00/ share special dividend and who knows how many shares they'll continue to hold. If you divide the total special div, by #employees = $57,000 each.

------------billyjoe

Not at all, billyjoe! Im only sorry that I cant provide the responses your questions deserve at the moment... vacation is being very good to me now. Im glad not to be at work now, especially given the latest development at LJP. (Ill expand a bit more on that after my vacation is over and I catch up on some things...like the POTW etc)

But yeah, I do have a few friends at SAIC right now, and although I havent dealt with them (completely different industry) I did apply for a job there once. I think this could turn out to be a fantastic investment.　they sure do know how to make money. Hopefully that doesnt change after they turn into a public company. I would probably want to see a few quarters worth of statements and earnings trends before putting my money in SAI, but the ipo is always an exciting and tempting place to get in, eh?

$57k/employee is quite a lot, isnt it? Though in actuality, they probably get more like $20k-30k of that for the rank and file, where the bigwigs will get millions each. just the way it works, i think. at any rate, thats still a lot of money flowing into the san diego area. SD real estate is likely to get a boost from that as thousands of SAIC employees are finally ready to make their down-payments just as the market for housing has softened...

[billyjoe]

Jiesen,
Sorry to keep bothering you but all these companies seem to be from your neck of the woods. Have you ever had dealings with SAIC ? Impressive company from what information I've gleaned. Saw that they started in La Jolla and it made me think of you and LJPC. Put a limit order in for 16.95 and doesn't appear that it will fill. However did get some for 17.75. The employee/owners are going to do very well here getting a 15.00/ share special dividend and who knows how many shares they'll continue to hold. If you divide the total special div, by #employees = $57,000 each.

------------billyjoe

[jiesen]

sold 1/2 of my XING today

well, my limit order was hit today at a bit under $17 for half of my XING shares. I'm down to about 1.5% in XING now, from about 10% a couple years ago. I plan to hang on to the rest for a while, and am glad to have mostly gotten out with my skin intact on this one- what a wild ride it's been!

[jiesen]

yeah, a bit. SNMX is right down the road from me, and a pretty solid company. not like most biotechs, though. I see a lot less upside, but less downside as well for this one. probably be a good idea to wait for weakness to buy - definitely dont pick it up on a cramer pump! SNMX is not making anything life saving or super-profitable imo, but the products will sell and nobody will sue them for a bad flavor, so I think long-term this one could be a steady money-maker. I dont think SNMX is my cup of tea right now, but it could be interesting down the road... thanks for pointing it out, though!

[billyjoe]

Jiesen,
Are you familiar with SNMX biotech? Cramer is a big fan . Sees potential for 100's of millions in royalty deals with Coke and Campbell Soup.

-----------billyjoe

[jiesen]

I understand your viewpoint, although I don't subscribe to that kind of trading style. But I thought you might want to know what to expect. My question for you: what would be wrong if you held the stock and bought some puts for the extra cash? For example today I bought $40 OCT puts for $.75 per share. I noticed that I wasn't the only one; they did a huge volume today. Usually trades about 30 contracts per day; today it did nearly 2k. In any case the puts will pay for any drop below $40, and I'd say a drop below $40 could very well be imminent.

Absolutely nothing wrong with it. I just don't have the bankroll, expertise, nor the time necessary to figure out a good option strategy for AMLN, or any other stock for that matter. I would love to be able to some day, though. So thanks for the tip- I will continue to learn about this stuff.

I don't believe AMLN will drop to $31. But if it does, I'll probably be happily buying more shares, not worrying about the price where I once could have sold it.

[jiesen]

Jiesen,
If anyone would know about this stock it's you. NNBP :OTC , Nanobac Pharmaceuticals. There's a buzz about this stock in hospital labs in Ohio. Heck, their earnings are only -.01 . Market cap 40.6 million. This could be the one to make us all rich . When that happens I'm going to throw out my disposable razors after one use. Yee Ha !!!

------------billyjoe

first glance: these guys have nothing but a hope and a dream.

P&D. Beware! I wouldn't touch this one.

I will look a little closer, though, and let you know if I change my mind.


edit:
How about investing in Schick instead?

http://finance.yahoo.com/q/bc?s=ENR&t=5y

[billyjoe]

Jiesen,
If anyone would know about this stock it's you. NNBP :OTC , Nanobac Pharmaceuticals. There's a buzz about this stock in hospital labs in Ohio. Heck, their earnings are only -.01 . Market cap 40.6 million. This could be the one to make us all rich . When that happens I'm going to throw out my disposable razors after one use. Yee Ha !!!

------------billyjoe

[New-born baby]

nope. I'm perfectly happy owning the stock. It'll be worth $100+ in a year.

I understand your viewpoint, although I don't subscribe to that kind of trading style. But I thought you might want to know what to expect. My question for you: what would be wrong if you held the stock and bought some puts for the extra cash? For example today I bought $40 OCT puts for $.75 per share. I noticed that I wasn't the only one; they did a huge volume today. Usually trades about 30 contracts per day; today it did nearly 2k. In any case the puts will pay for any drop below $40, and I'd say a drop below $40 could very well be imminent.

[Websman]

nope. I'm perfectly happy owning the stock. It'll be worth $100+ in a year.

I've got to buy some soon...jejejejeee

[jiesen]

Jiesen,
Did you see the road sign on the way to AMLN?

"BLACK HOLE AHEAD."

Yup, AMLN looks for all the world to be a $31 stock. Really. Can I interest you in some puts?

nope. I'm perfectly happy owning the stock. It'll be worth $100+ in a year.

[New-born baby]

Black Hole Ahead

Jiesen,
Did you see the road sign on the way to AMLN?

"BLACK HOLE AHEAD."

Yup, AMLN looks for all the world to be a $31 stock. Really. Can I interest you in some puts?

[jiesen]

ahem... lets bump this to the top, shall we?