March 28, 2012

FORGET LIPITOR, HERE COMES THE NEXT BIG THING

In 1971, a Japanese biochemist, Akira Endo, started work on what turned out to be the next big thing in the prevention of heart attacks and strokes, known as statins. In 1978, Merck (MRK) isolated lovastatin from fungusAspergillus terreus. Lovastatin is naturally contained in red yeast rice, a traditional Chinese fermented rice

March 28, 2012

FACEBOOK IPO A GREAT BUY, BUT NOT WITH LONG LOCKUPS AND FAT FEES

I have been advocating backing up the truck and buying all the Facebook (FB) shares an investor can get in the IPO. (For background please see:Facebook IPO Is Nigh, Should You Buy?) When an IPO is as white hot as Facebook, plenty of scams are bound to raise their ugly heads.

March 28, 2012