Jiesen tries to take over the world

[jiesen]

http://www.theonion.com/news/index.php?issue=4049&n=1

Oh the humanity! See, Brain, this is why we have to take over the world today!

[billyjoe]

Once you go to the onion for news you'll never go back to the talking heads.
billyjoe

[jiesen]

OK, I'm gonna try to use this thread to (aside from taking over the world) disclose my equity trades to you guys, seeing how everyone else seems to be doing it...

I appreciate any comments, jabs or whatever else smack-talk you may have to say about my moves. It all helps me out- since I'm here trying to learn how to be a better investor, and the more information the better...

I'm selling the market today (<1% of port) by closing out an underperforming mutual fund.

To give perspective, here's an *approximate* breakdown of my positions:
25% cash&bonds
25% mutual funds
25% $$MM stocks
25% other stocks
other stocks include:
10% each in LJPC and XING
>1% each in MRK MSFT DRUG.OB SSRI
<1% each in MSPD CNXT
that's it.

I include in my $$MM stocks RRGB and WSB in addition to the stocks $$MM currently holds... Also, I have increased (at least doubled) positions in PRX BEL OFG GGI and NUS

[scifos]

>1% each in MRK MSFT DRUG.OB SSRI

Hmmm, I've taken several SSRIs and they all do terrible things to me

[jiesen]

Hmmm, I've taken several SSRIs and they all do terrible things to me

you mean prozac?

[jiesen]

actually LLY may not be a bad place to look for another drug stock... every analyst and their mother has downgraded it already, and with net assets around $10 and a 3% dividend, I wouldn't mind picking that up for around $50 or less... the drug companies are due for a comeback once this Vioxx debacle blows over. LLY should be trading at least at 70 by then. PFE is also a good buy now, IMO.

[scifos]

you mean prozac?

Celexa, Effexor, and Wellbutrin(which isn't an SSRI)

Thank god I'm not on any of them anymore and don't need to be.

[Websman]

http://www.theonion.com/news/index.php?issue=4049&n=1

Oh the humanity! See, Brain, this is why we have to take over the world today!

NARRRRFFFFFFFFFFFF!!!!!!!!!!!!! Thats un- - - - - - - Believeable!!!

IT'S TIME FOR ALL GOOD MICE TO RISE UP!!!!!!!!!!

I NEED A BEER!!!!

[jiesen]

Celexa, Effexor, and Wellbutrin(which isn't an SSRI)

Thank god I'm not on any of them anymore and don't need to be.

I'm glad to hear you're off of that junk. nobody should be taking any of it.

[billyjoe]

Jiesen, You're right , PFE could make us very well off depending upon how patient we can be with a stock. I don't think long term is very exciting holding a stock for a year is worse than watching paint dry. Most paints are completely dry in 24 hours or less, right? MRK is on my sh*# list this time for selling Zocor which is slowly killing me.
p.s. how about "jiesen's world" for a thread name
billyjoe