Re: HZNP keeps on ticking
Very impressive rally in HZNP over the last few days (despite a choppy market). Reminds us of the old days when HZNP would go up 10 days in a row. News today about an acquisition (and more to come), as well as the hint of more to come.
OT- Bought some XOM when oil was about $20. Same philosophy I had about buying gold when it dropped from $2000 to $1050. Biggest one day move in oil today ever and President hinting that Saudi Arabi and Russia will make a deal. Who knows if that will happen, but oil is selling like its the 1950's, and like the world will never use oil again. I wouldn't buy oil exploration and equipment companies right now (they could go bankrupt), but service and oil stockpile companies like XOM might be a good place to be. Dividend is sked for May (82 cents). Jury is out if they will pay or lower it, but the return is tremendous. Great for long term investment in my opinion, but do your own DD and make the right decision for you.