>> bristol-myers overpromised and underdelivered on this franchise.omeone on twitter yesterday said you have killed me in bristol-myer. a year ago when that trial ta failed to show the data i no longer wanted i said bristol wasn't good a year ago. i'd like them to come on and explain themselves. always welcome jersey company. richard in california, richard. >> jim, thanks for taking my call and thank you for keeping my stock pointing north. >> there you go. >> so i have been watching it tank and i just wonder if you think it's a good time to get back into it? >> oh, boy this has been so controversial. i love what they're trying to do with parkinsons but it's so hard. i'm going to say no now. and bristol new jersey is based in new york. i want to make sure that they know that. there's always key data you can get out of events. when it comes to them i have now decided you have to wait for pull backs on the winners and i consider insight into this weakness because it didn't have a great presentation but it has so much more. much more mad money ahead. inc

is he overpromising and underdelivering? does his base care? that's ahead. he thank you so much.ank you! so we're a go? yes! we got a yes! what does that mean for purchasing? purchase. let's do this. got it. book the flights! hai! si! si! ya! ya! ya! what does that mean for us? we can get stuff. what's it mean for shipping? ship the goods. you're a go! you got the green light. that means go! oh, yeah. start saying yes to your company's best ideas. we're gonna hit our launch date! (scream) thank you! goodbye! let us help with money and know-how, so you can get business done. american express open. abdominal pain... ...and diarrhea. so you can get business done. but it's my anniversary. aw. sorry. we've got other plans. your recurring, unpredictable abdominal pain and diarrhea... ...may be irritable bowel syndrome with diarrhea, or ibs-d. you've tried over-the-counter treatments and lifestyle changes, but ibs-d can be really frustrating. talk to your doctor about viberzi,... ...a different way to treat ibs-d. viberzi is a prescription medication you take every day that helps proact

it's "underpromise and overdeliver," and in this case, we overpromised and underdelivered.'m frustrated, and i'm angry. i'm still gonna move forward with this deal, 'cause i know that my money is safe with this company, and i know we're gonna be wildly profitable. i guess the disappointing factor is, it's gonna take me a little longer to make a return on my investment. look, this is business. >> [clears throat] >> your numbers weren't right. i need to know for sure that this is never gonna happen again. >> it is never gonna happen again. >> okay? >> yes. >> all right. >> so i'm real excited for you to see the inside. we got a lot done. i know you were worried about the $40,000 to clean the place up. >> for the cleanup. $40,000 to clean up garbage? >> did you see it? >> [bleep], i'd have come done it myself. >> there was a lot to clean up, and believe me, you wouldn't have. >> michael, you did a great job getting this place cleaned up. >> thank you. >> i mean, you move as fast as i do. >> it happened quick. >> it's a great shell. >> it's a beautiful building. it really is. i

is there a risk-f from underdelivering? is that the buying opportunity? buying opportunity. it's hard to back away. what do we know, good trends should be baw. this is still among the bet trerneds. mean reversion is an opportunity tokesploit that. any pullback this summer. for the market at large are probably things you want to buy. my sense is there is still a lot of stuff around this market advance. as long as that's the case i'm unwilling to back away. alix: is that right, it's been the -- >> it's been working. and if people believe that they can hedge themselves with their treasury positions, there is less reason to sell stock, less reason for volume tifment david: thanks now to bloomberg's corey johnson and peter of green capital and christopher of strategic research partners. jonathan, back to you. jonathan: thank you very much. get up-to-speed on global markets. about 10 minutes into the session. we fall back from almost all-high highs. down about .1%. about 1.6% on the s&p. in london we're off by a third. europe stocks a tenth. if you switch out t

we've overpromised, we've underdelivered, you know, known demographic trends, rising health care, it'sthere. >> you think it's cruel to try to get people that have a better deal not working, do you think it's cruel to induce them to try to get back in the workforce? >> absolutely not. >> can't do it right now. >> our welfare system is out of control. it discourages work. it discourages marriage. it doesn't even require you to look for work. let me give you an example. i was speaking with a recent new citizen, a chinese immigrant, and here was a comment she made to me. i came from china. we used to have a one child policy. they are loosening up on that, but if you wanted to have more than one child you had to pay to demonstrate you want it and can afford it. she's coming here, working with section 8 housing, low income housing, she said i don't get the u.s. welfare system. you can stay on welfare forever, you don't have to be looking for work, it's very generous benefits, all things considered, and you get paid to have more kids when you can't afford the kids you have. i'm not advocatin