MYL - Mylan Laboratories Update

I just want to take this opportunity to boast while I have the chance (before the DOW crashes to less than 10k, as I heard one fellow say today). If you had bought Mylan on Thursday, August 16, when I picked it at 14.05, you would have gained nearly 11% as the stock closed at 15.58 today, just two business days later. Further, I think the stock is STILL a buy, with a PEG of just 0.71. I think this stock is still going to go higher. I would unload it when it hits 17.50 or so, just because you'll be closing in on 25%, and if you won't take your gains at 25%, your being greedy...especially considering that the stock has already gained 11%, a pretty decent gain in its own right.



I will be breaking down JPM next time I have a chance. I know all the pros are shorting financials right now, but we'll see how the fundamentals look and go from there.



In other news, the Cards beat the Cubbies today, keeping themselves in the hunt for the division title. Ankiel went yard.