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portefeuille (98.81)




September 01, 2013 – Comments (6)

I quit recommending stocks via blog posts a long time ago, and those past stock recommendation posts never gave all that much information on why I liked the stock. By now I feel a little more confident in my recommendations, at least when they are about old favourites of mine that I have followed for a few years. Well, there is one stock that I kept recommending implicitly via my mostly virtual fund thing and via twitter posts, but have never made the topic of any of my blog posts. MorphoSys (MOR:GR, MPSYF). The good news has kept up with the increasing share price, so I think it is still a good time to buy a few shares. If you plan on doing so please do it via the Xetra or Frankfurt stock exchange (if your transaction fees for those exchanges is not too high) or use the U.S. exchange (MPSYF) with tight limits placed close to the, at the time, current German share price (converted to USD). MPSYF has VERY low trading volume. As I mentioned on twitter I no longer recommend buying or holding Algeta shares, by the way. They had been another one of my long term favourite stocks that I have mentioned quite a few times here and on twitter.

A recent MorphoSys presentation is here.

6 Comments – Post Your Own

#1) On September 01, 2013 at 8:58 PM, awallejr (38.34) wrote:

You aren't kidding about that low volume for mpsyf.  Can't green thumb it on caps.

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#2) On September 01, 2013 at 10:44 PM, portefeuille (98.81) wrote:

I am well aware of the fact that most U.S. retail investors are unable to trade via non-U.S. exchanges. I guess that goes hand in hand with a large segment of the U.S. population not speaking (in a way the target audience can understand ;)) a "foreign language" and hardly ever leaving the country. No idea why any of that is deemed acceptable ;)

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#3) On September 02, 2013 at 1:21 PM, awallejr (38.34) wrote:

Not quite sure how that applies to me not being able to green thumb it on caps, but I am of the view that if it isn't in English it is not worth reading ;p

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#4) On September 02, 2013 at 9:27 PM, constructive (99.97) wrote:

"I am well aware of the fact that most U.S. retail investors are unable to trade via non-U.S. exchanges."

And even when we are, the SEC prohibits us from buying GDRs. So in order to buy Samsung, a $200B market cap company which publishes results in English, I would have to choose between an illiquid pink sheet stock or opening an account with ETrade Korea.

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#5) On September 03, 2013 at 4:05 AM, portefeuille (98.81) wrote:

#4 At least you are allowed to invade any country you want to.

Just joking. I think ;)

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#6) On September 10, 2013 at 11:40 AM, portefeuille (98.81) wrote:

MorphoSys in CAPS.

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