bedhead

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421.
Safeway, Theranos Split After $350M Deal Fizzles(wsj.com)
105 points by bedhead 11y ago|66 comments
422.
by bedhead 11y ago
Says the guy with an extreme vested interest in more TV watching. [eye roll]
423.
by bedhead 11y ago
I consider myself relatively libertarian, so I find myself nearly in shock that I believe a single payer system is the inevitable, and perhaps best, solution. (Although your generic vs branded thing makes no sense, no offense) Our problem i
424.
by bedhead 11y ago
It's still what's known as "general collateral" - it's not only easy but free to borrow shares. I shorted more shares yesterday.
425.
by bedhead 11y ago
Normally I like Citron's work, but when it comes to Valeant he is a total clown. Like most of the delusional defenders such as Ackman, Citron focuses on the wrong things like accounting and channel stuffing (although I believe there is
426.
by bedhead 11y ago
No but there have been enough news stories in the last week or two to get up to speed. Happy to answer any specific questions.
427.
by bedhead 11y ago
Full disclosure: Valeant is my largest short position. 99% of the time, shorting stocks is unemotional. Valeant is much, much different. This company is a CANCER on our society, and I don't say that lightly. It is a microcosm for why
428.
by bedhead 11y ago
I've long called this the "Dr. John Theory of CEO's" - I was in the right place, but it must have been the wrong time. Take McDonald's for example. Their stock was up a bunch yesterday on nice earnings, and everyone
429.
by bedhead 11y ago
I manage money for a living and I always get fascinated with frauds and "bullshit businesses" for shorting. This whole flap is so funny to me because about a year ago after reading a few things about Theranos and hearing a few an
430.
by bedhead 11y ago
Seriously?? That is a single chart, free of commentary, quotes, context...anything. And it's sourced from - shock - yet another "real" organization! Meanwhile, look at the rest of the page. It's entirely banner ads, spon
431.
by bedhead 11y ago
Ugh. Such a piece of trash organization that sadly represents today's "new" media. Mostly just useless clickbait (eg, headline reads "Stock Crashing!" when it's down like 5.5%) and re-posting of other real orga
432.
by bedhead 11y ago
I would disagree that many people are looking at this business plan with envy. CEO's of "real" pharma companies know this business model is possible, but no one bothers with it. I think this is partly out of ethical standards
433.
by bedhead 11y ago
That's the loophole though, the quantities are so small that realistically, no pharmaceutical company has the incentive to make their version of the drug, even at $750 per dose. There are still costs to making a drug that's off-pa
434.
by bedhead 11y ago
I am a fund manager and I have followed Martin Shkreli since his prior company, Retrophin, went public about two years ago. Simply put, Martin is a sociopathic criminal with a well-established, and consistent track record of deceit, reckles
435.
by bedhead 11y ago
There is no shortage of scammy software companies like AVG, but what always cracked me up about AVG was their logo. Do you think it's a coincidence that it bears a strong resemblance to the Windows logo?? Why might that be, hmmmm? Mayb
436.
by bedhead 11y ago
I'm supposed to believe that it was only at the exact moment that the public market put Dell's stock in the shitter that Michael Dell magically got religion regarding short-term earnings pressures or other related issues? Ha!! Giv
437.
by bedhead 11y ago
The mayor still stands by police. Madness, pure madness. Public officials, more and more, are a self-selecting group populated only by some of our worst thinkers.
438.
by bedhead 11y ago
Holy shit, that is one of the most insane stories I've ever heard of. How was this not made into a prominent national news story? How have tons of school administrators not wound up in prison??
439.
by bedhead 11y ago
I would also add that you haven't lived until your mom burst into your room holding a phone bill for hundreds of dollars and demanding an explanation.
440.
by bedhead 11y ago
Examples? Again, as a former bank employee and someone who's analyzed banks for well over a decade, I know with certainty that you are 100% wrong...but I'm interested in your explanation.
441.
by bedhead 11y ago
You're right that the poor face many asymmetric relationships day-in and day-out. Whether I would describe it all as "predatory" I would disagree. Again, I think this is a very, very uncomfortable topic to have an honest co
442.
by bedhead 11y ago
When I saw the Kolibree, the "smart" toothbrush, I realized we had passed the inflection point on the declining marginal utility curve for this stuff. Too much of IoT are solutions in search of problems. It's not too long bef
443.
by bedhead 11y ago
Again, your hyper-alarmist reply only bolsters my point. No perspective, no rationality, just pure paranoia. Anyone with even a slightly divergent view continues to be dissuaded from saying anything. These sorts of responses only validate
444.
by bedhead 11y ago
Ah yes, the predictable downvotes which only validate my comment.
445.
by bedhead 11y ago
Nuance, nor perspective, among many other things, do not lend themselves well to any discussion about climate change, which is awfully sad. You are exactly correct that this is a 21st century religion, regardless of the accuracy of the disc
446.
by bedhead 11y ago
Yes, it's is 100% victim blaming, because for god's sake, at what point do we expect grown adults to take some friggin responsibility for themselves?? Puh-lease, spare me the "easy to lose track" garbage. It's never
447.
by bedhead 11y ago
No, it's the same system that allows the lottery to exist. It's not "fuck the poor", it's "fuck the stupid" (alternatively, "fuck the bad-at-math"). If there's a high correlation, I don&#x27
448.
by bedhead 11y ago
I wish no one would link to anything from Gawker
449.
by bedhead 11y ago
It's $2 billion. Groupon tried this during its IPO preparation and the SEC smacked them down and made them use net rather than gross for their gaap revenue. (Note that the SEC actually made Groupon change a bunch of stuff)
450.
by bedhead 11y ago
A little fuzzy since it's been a couple years, but I absolutely hated their obsession with aggressively putting mayo-based sauces on seemingly everything.

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