greenskew OP t1_j6lxdse wrote on January 31, 2023 at 6:43 AM

Reply to comment by Payorfixyourself in J&J Can’t Use Bankruptcy to Resolve Talc-Injury Lawsuits - PUTs galore? by greenskew

May be the big leg down is all done. I believe that big tank was on the assumption that they will follow others and use the Texas law to quickly discharge these liabilities. Now that the court has taken a stand, I feel it will tank some more. I will PUT some tomorrow and see where it goes. I might get some delight.

Payorfixyourself t1_j6lxyb2 wrote on January 31, 2023 at 6:50 AM

I just looked at their balance sheet. They have over 31 billion in cash. Their cash holdings increased by 10% last year. You missed the movement already

greenskew OP t1_j6lyglh wrote on January 31, 2023 at 6:57 AM

Small moves, Ellie. Small moves.

Payorfixyourself t1_j6lzoi7 wrote on January 31, 2023 at 7:12 AM

I’m more thinking if the market as a whole goes up you dead.

[deleted] t1_j6mpwq6 wrote on January 31, 2023 at 12:51 PM

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