THE PAINTED PIGS TUESDAY MORNING TIDBITS

THE PIG SEES A GOLDEN HORIZON THESE DAYS. CALL IT A PIPE DREAM, FARMERS FOLLY, OR WHEN PIGS FLY....ETC. BUT IT SEEMS THE JUNIOR MARKETS ARE RETURNING TO SOME OF THERE TRADING ZEAL THAT THEY ARE KNOWN FOR. NOW THE PIG IS THE FIRST ONE TO BELCH ABOUT INEQUITIES IN THE SYSTEM...BUT THE PIG LEARNED A VERY LONG TIME AGO, THAT ONE HAS TO RUN WITH THE BULLS TO GET TO THE COWS.

IF YOU STOP TO TAKE A SOAPBOX POSITON FOR THE RIGHT CAUSE OF THE WEEK, YOU GET TRAMPLED. DOES THEN MEAN THE PIG HAS NO SCRUPLES ?....AU CONTRAIRE MY HUMAN FRIENDS !!! IT JUST MEANS THAT THE PIG, IN MAKING HIS JUDGEMENTS (30 YEARS OF EXPERIENCE) HAS FOUND ITS EASIER TO RUN WITH THE BULLS THAN FIGHT WITH THE BEARS. REMEMBER THE PIGS PORK PIE RECIPE FOR SUCCESS, ACCUMULATION SLOW AND EASY, PATIENCE, LOSE THE GREED AND DROP SOME OF THAT HARMFUL EMOTION......AND TAKE PROFIT !!............AND SLEEP WELL !

ON WITH THE SHOW......

CZS.V.....BIG SCANNER OF THE NIGHT. LARGE NET CAPITAL INFLOWS, MOVING AVERAGE UPTURN, MOMENTUM AND DISTRIBUTION NUMBERS. SMELLS LIKE NEWS IN THE WIND TO THE PIG. NOT MUCH LIQUIDITY AT PRESENT BUT THAT SHOULD CHANGE. DOUBLE TO TRIPLE MEDIUM TERM (NEXT 6 MONTHS OR LESS)....A PIG BUY...

CTE.V....NO STORY YET JUST A BIG UPTURN IN SOME ALREADY HIGH SCANS. THE PAST COUPLE OF WEEKS. HAVE SEEN THIS PORK PIE BE IN THE TOP TEN SCANNERS ON A NIGHTLY BASIS. NOW IT APPEARS READY FOR A FURTHER UPSIDE BREAK. THE PIG KNOWS NO REASON WHY BUT LIKES WHAT HE SEES....AND THE PIGS A GAMER.....

GAL.V.....THE PIG LIKES THE SCAN, DISLIKES THE SHARES OUT. BUT HEY, WHO IS THE PIG ANYWAY. A TAD HIGH SHARE FLOAT BUT THIS PORKY POTENTIALED PLAYER MAY HAVE SOME LEGS IN THE NEXT FEW WEEKS. THE PIG RECCO'S THAT YOU WATCH FOR FURTHER LIQUIDITY BEFORE YOU JUMP. MIGHT BE A GOOD SWING TRADE ...........THE NUMBERS CERTAINLY SAY SO.......STILL.........A LOT OF SHARES TO CHEW THROUGH..AND THE PIG KNOWS ABOUT CHEWIN'....!

Melnyk completes sale of all his Biovail stock

March 22, 2010
09:35



Biovail Corp founder Eugene Melnyk said he has sold “substantially all” of his shares in Canada’s largest pharmaceutical company. Since, Nov. 24 last year, Melnyk has sold 9.63 million shares, he said in a release.
Melnyk resigned as chairman and chief executive of Biovail in June 2007. The company’s stock has risen almost 35% over the past year to about $15.91.