Transition Therapeutics, Inc. (TTHI)

[stox777]

Doesn't look much better. I'm still holding here at 2.22.

[SilverNick]

I'm out!!! Everyone run to CLDN now !!!

[ottoman]

we own a genuine usda choice turd here. no one thinks this company is worth more than current price? I guess it's going no where, I'm dumping soon.

[SilverNick]

We are all hoping!

[zabigul]

Imo oversold will shoot up soon.

[SilverNick]

Decent strong close. Let's see what tommarow holds for us

[ottoman]

my average is 2.58ish, (not including commissions, averaging down 5 times) I was in the green today lol, but wanted higher, hoping for $3 when we hit 2.70

we'll see,

[SilverNick]

What are you in at, price?

[ottoman]

does not bode well that this stock lost 75% (let me state that again, 75%!! of it's value) in one day, and can't even manage to recuperate 5% from the close yesterday. If the selling yesterday, and this morning was an "over reaction" then it should have bounced some. Seems clear no one else is interested in the other drugs they have on trial.

I'll wait a few days, then dump for a loss after I lose all patience.

[SilverNick]

We might jus have o be patient

[stox777]

I think you will be fine at that price.

[hbear187]

In at 2.47

[SilverNick]

Why not, upto you

[SilverNick]

Lame!!

[hbear187]

So should I not buy now?

[SilverNick]

Frustrating...

[blackcat]

You can have $3. Just have to hold a few days.

If you'd like to have a little fun with a more pricey stock, look at PRTA. Today's swing has been between $50.64 and 54.02. Currently 51.10. And it has $1-3 swings nearly every day.

[ottoman]

maybe the salad dressing is filet mignon flavored? he he, I'll wait for a few days. just having fun....bored. I really want $3 to make it worth the price of admission.



meow

[blackcat]

Funds who can no longer hold, traders, recent buyers. And it's not really a lot of shares. There's no panic selling now, and it's heading back towards it's regularly illiquid self. Your choice to hold or not. Bottom is in and it will begin a rising trend.

[SilverNick]

Happened to CLdN. Just wondering where all these shares are coming from that are being sold.

[blackcat]

Now that's not likely to occur.

[blackcat]

Oh hisssss! You were offered a nice hamburger early this morning, but you decided you'd rather have Filet Mignon! Now go eat your salad!

[SilverNick]

Going to slow move down I bet now to $2 over the next few weeks

[ottoman]

a frozen slug turd moves faster. welcome to stuckholdersville, population: US.

shoulda dumped all at 2.60, but noooooo, blackcat forced me to hold ;) lol.

[SilverNick]

Flat movement right now

[SilverNick]

Fizzle out?

[SilverNick]

Where are these shares coming from being sold???

[blackcat]

And then some. While this is far from hard and fast, it should always be in the back of your mind in the morning.

“Amateur hour is 9:30 to 10:30,” said Michael Murphy, a hedge fund manager with Rosecliff Capital. “Smart money trades later in the day. Risk is definitely to the upside here.”

There’s an old Wall Street maxim that the so-called dumb money trades early and the smart money comes in late

[SilverNick]

I figured all traders were up at the bell

[SilverNick]

Finally some suppory

[blackcat]

No, but you need to wait until past 7:30 (PDT).

[MynameisBuck]

Almost there , just a little lower

[SilverNick]

Hope I didn't loosen chance to get out without loss

[blackcat]

Relax, this is normal early trading.

[SilverNick]

Crap

[MynameisBuck]

I,myself expecting a drop at open to 2.40 and than a climb to 2.75 - $2.80 before pulling back. That's my hope anyways ; )

[SilverNick]

I'm in at 2.52 from yesterday. Anything under $3 should be good

[MynameisBuck]

What price are you buying TTHI today?

[SilverNick]

Don't know, but pm was looking bullish

[MynameisBuck]

Has TTHI hit bottom yet?

[SilverNick]

Dang sellers pushed back

[SilverNick]

Your right!

[blackcat]

You need a trading plan!

I sell my first stage at 20% profit.

[SilverNick]

Looks like we bounced off first resistance at 2.70. But that ask will will crumble fast!

[ottoman]

yes, lol, you get your catnip treat! :)

[SilverNick]

Yeah I have ears that. I do buy in stages down, but tend to sell all at once. I do also sell in stages from time to time, but still, when to sell first stage? Anyways! I'm glad we are being bullish right now!

[blackcat]

cool, I'm putting blackcat down as picking TTHI as her guarantee lock-of-the-week, silver bullet, sure-thing, money-in-the-bank, five-star stock pick: that TTHI will hit 2.60 tomorrow!

We're good now, right? You can sell whenever you like. :)

[ottoman]

just like buying in stages when stock is falling (averaging down) do the same going up, sell in stages.

[blackcat]

Well, TTHI was overvalued at $9. Around $6.50 would have been about fair value. And TT401 is actually the much more likely to succeed. So-if it returns to $3-3.50 it will be valued correctly and then it can rise into the upcoming results.

[SilverNick]

I'm pretty good at knowing when to buy, but never when to sell, especially when a stock is going up.