Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Teva Nuked

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Most of us would agree that there are few industries as despicable as pharmaceuticals. Price-gouging, price-fixing, collusion, bribes, you name it. They try to put a halo around their heads in the name of “helping” people, but there’s no entity more devious.

Heartening, then, it was to see virtually every state in the U.S. join a federal lawsuit slamming generic pharma companies – – and their senior executives!!! – – for price fixing. As the general population begins to suffer in the years ahead, the “Revenge Society” is going to amplify and spread out. This is a taste of what is it come. I’d say TEVA is hosed at this point.

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Uber Alles

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Money-losing unicorn UBER is said to come public on Friday. What an environment for that to happen. We’ve got (a) the most overinflated market in history; (b) the wrecking of the China deal (c) the total flophouse of the LYFT IPO. I guess they might as well find retail bagholders while they can. Anyway, LYFT is down nearly 40% from its IPO launch, and here’s some recent intraday action thanks to my beloved SlopeCharts:

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