Cha-Ching! on Genentech

 

If you paid attention to my add of Genentech to my due diligence list in my Feb. 1 column — and you did your own due diligence on it and picked up some for where it was trading just under $82 a share at that time — you’re welcome.

As we all know, Roche, which already owned about a 56 percent stake in pharmaceutical, couldn’t resist picking up the rest of this company with a lot of promising cancer-fighting drugs under its belt to the tune of 95 bucks a share — for an increase of $13 for each share since it was added to my due diligence list about a month and a half ago.

Cha-ching!

Just remember the usual disclaimer: Don’t base any of your investment decisions on anything you read here — do your own due diligence — or at least enough research to pick the right professional to do it for you.

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3 Responses

  1. I give up. Uncle already. I studied this in college and I’ve done pretty darn good at it. But I just can’t keep up with you. Why don’t you just say buy this now and sell that now and I’ll just say “I’ll have what she’s having”

    Smiles, love you.

    P.S. Stay away from Pete. I’ll big your big brother.

  2. Cat,

    On Thurs. I got an email saying I was selected to be in your Fri. chat, so I juggled my plans to be there because you know how much I love those. I followed all the instructions. Signed on through EAM a half hr. early, waited through all the commercials, got connected to the live chat and then just as you came on, I lost the connection. I went thru it all over again, got in & heard about 15 min. of the interview and got booted out again. I went thru it all a 3rd time and after 10 min. I got booted out. I tried to get in again & it kept saying the chat was at full capacity. I thought you guys had worked it out so if we got an invite we were guaranteed a seat in the chat. What gives?

  3. I’m going to take a page from a few others and post here for a better chance you’ll see what I say. I read your post today and want to offer my congratulations, that is quite an accomplishment. Just promise not to leave us.

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