Mylan Laboratories (MYL) was first posted on the website on 8/4/03 at $23.02 adjusted for a 3:2 split on 9/30/03. MYL had a nice day today closing at $24.68, up $.96 or 4.05% on the day. On October 29, 2003, MYL reported through BUSINESS WIRE, as picked up by USATODAY.com, revenues were up 13% to $360.1 million and Net Earnings were up 34% to $91.3 million with diluted earnings per share at $.33/share compared to $.24/share last year. All in all a great report. Today, MYL reported FDA approval for a transdermal Fentanyl system...which MYL referred to as a "substantial opportunity for Mylan..." The market appeared to like the news.
Anyway, I picked up 200 shares at $24.79 today to finish my 25 position portfolio. Since the main website is having problems being updated, let me review our current 25 position trading portfolio, #shares, closing price, and percentage gain or (loss): AAII, 200 shares, $17.56, 28.63%; ANN, 200 shares, $39.26, 19.80%; CLSR, 150 shares, $35.50, 54.99%; COH, 120 shares, $38.380, 130.34%; COO, 100 shares, $44.65, 65.49%; DELL, 150 shares, $34.360, 36.70%; ELAB, 150 shares, $49.55, 68.58%, EXAC, 175 shares, $14.96, 38.75%; EXP, 200 shares, $22.50, 13.81%, FIC, 100 shares, $52.640, (4.88%), HIBB, 135 shares, $30.25, 107.58%; IGT, 200 shares, $34.010, (1.71%); KRON, 150 shares, $39.690, 44.36%; MMSI, 150 shares, $30.490, 30.75%, MYL 200 shares, $24.68, waiting update; ODSY, 150 shares, $35.940, 1.12%; PPDI, 200 shares, $29.76, 1.71%; PRAA, 150 shares, $27.820, 3.06%; QSII, 150 shares, $43.50, 40.34%; RAD, 225 shares, $6.09, 132.45%; RSTI, 200 shares, $33.02, 9.18%; SBUX, 75 shares, $31.510, 38.14%; STJ, 150 shares, $60.850, 5.29%; SYD, 200 shares, $28.99, 12.19%; SYNO, 150 shares, $25.22, 73.45%.
These prices are as of the close today, 11/25/03.
Thanks again for stopping by! Remember to consult with your investment advisor BEFORE making any decisions on what you read here! If you have any questions, please feel free to write me at bobsadviceforstocks@lycos.com!
Bob
Posted by bobsadviceforstocks at 6:44 PM CST
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Updated: Tuesday, 25 November 2003 6:53 PM CST
Updated: Tuesday, 25 November 2003 6:53 PM CST