InvestorsHub Logo
Followers 140
Posts 11663
Boards Moderated 0
Alias Born 03/15/2011

Re: itsabouttime post# 232553

Friday, 08/28/2015 3:11:30 AM

Friday, August 28, 2015 3:11:30 AM

Post# of 345677
itsabouttime, I announced it because this was not PPHM shorting the way you or most of us think about shorting.

It is creating a PPHM PPS DIP, buy back and fill long, then lining up the real shorts against the Market Maker so the PPS comes exactly back where it started.

With hindsight I would have been better of not to do all this and wait for the Monday of 2 weeks ago. I got my other shares there easier and cheaper.

But at least I wasn't posting or supporting my trading and quite posting on IHub during the operation or at least did in the evenings not post on topics that would have any supportive effect. All those that said that i posted about the shorting during the operation are lying, every one can see that the PPHM PPS was already back up when i shared that i shorted to fill a long position cheaper.

I think everybody cannot say that. And actually I prefer to communicate it, and i did after the facts. Others, for instance cheynew, have in the pass announced to sell some shares in a sudden pre-hours race up. You can map the post date/time and PPS and you will see it started a movement drop with the PPS being back down a lot at opening. No critics there.
My method at least puts the PPS back were it was, the sell and buy-back on the other hand is only good for the entity doing it and cost money to all others. So what do you prefer?

It is NORMAL we all manage our portfolio and we all average down, sell/buyback,etc. I do not sell/buyback because i believe that the day the news hits and you are not in position you'll be to late. It will start with an unseen gap-up, so you are fixed intra-day with not many opportunities that can be anticipated. So i used my know-how, and as wook said a lot of D&D, to analyse the cycle, how it shifts, how it is traded differently intra day, etc to make a counter measure algorithm to do what I did.

And it works perfectly without exposing myself to the above mentioned risk and without bringing the PPS down after the operation, which would otherwise ALSO be in MY disadvantage because it impacts all the shares that I already have.

But i can understand that for some (not specially talking about you here) that event, purposely re-casted to make it look a bad think and weave some imaginary - whatever - around it, was an easy pass to score with.
Actually, i don't care, because i saw from the postings that many people understand what i am saying here and that I take care of my portfolio not of that of the wave-makers that lost money when i lined them up against the Market maker in the last leg and now need to vent.

Peregrine Pharmaceuticals the Microsoft of Biotechnology! All In My Opinion. I am not advising anything, nor accusing anyone.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CDMO News