April Fun
Published on April 01, 2010


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.

 

FOX

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.”

 

DNDN

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.

 



© 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010 Andrew Tobias