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TheRealWalters TheRealWalters AKRX/PKD, D, Long ,
AKRX/PKD: Long AKRX (Akorn Inc) Short PKD (Parker Drilling Company) Spread
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AKRX/PKD, D Long
Long AKRX (Akorn Inc) Short PKD (Parker Drilling Company) Spread

The Long/Short Equity spread of AKRX/PKD has just broken out to a new high and finished Friday's trading session at the high of 12.82. Akorn Inc (pharmaceuticals) has reported consistently good earnings with an EPS change of 80% in the last quarter and also an annual ROE (Return on Equity) of 27.1%. It trades at a slightly higher P/E ratio of 48 which has been ...

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