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yeah...and pinkie swears she keeps here eyes closed and doesn't look after the market has close when she posts...wow...what a gal! a keeper! (at least for trading);-P
As jock points out "usually"...look at "sgmo"...long gone past a gap fill...as I am sure there are many others,(scty,nflx etc.)
you got your dump...eod
but instead of a little paint...they dropped the entire paint can...LOL.
fabulous cup at end of day...now we need the handle... tea anyone?
Looks like the MM who are naked short today look like they are starting to cover...also looks like they are getting a little nervous...believe they have 3 days to cover...(not definite on the time constraints they have...but its short)
lots of things going on...and we are spectators...it will all come out in the wash... (we must be on the spin cycle)
also ponder the consequences of the possibility of 500,000 shares being sold short...and being bought back between now tomorrow and April 12th...love to see the stats for today.
Where are they going to get their shares...perhaps they are anticipating a secondary...which management has already said "unnecessary"...remember technical traders dont do DD for fundamentals.
And who here are going to give them they shares they bid up...to cover?
(yes...speculating)
ps...this is just a "speed" bump...but the formula 1 is still on the track and knows where its going.
well said Pepsi...
WE had a big move..instit money knows there are a lot of "Oh I could'a would'a shud'a locked in my gains?" guys and daytrading knuckleheads...So they see the rise and work on the "soft touches" ...they know how to shake em out to start accumulating.
they will continue to play with them, until they are exhausted and they feel they got as many of them as they are going to get to "drop" their shares...then the real accumulation and move up begins
not that I know of...Companies usually record them for playback at some point ... but never seen live streaming... The conferences are only open to invitation only brokers...not to public so Ross and co would dilute their ability to attract live audience and attendee if you could watch or hear streaming presentations live.
those dudes have more regulatory and FBI eyeballs looking at them for "front-running" stocks than an three-piece Al Qaeda Band marching down 5th ave.
yes
its called...trying to shake them loose...playing with bid/ask...the AMEX way...lol
You dont know what I saved or didnt save since I haven't revealed my holdings or trading habits...if any...
regarding the rest of post...WTF you are mumbling? (no need to answer) Just wondering if you feel a little out of place on a "sane" board.
Wouldn't it be a hoot if Spiffy announced up-listing application at the Ross Conference today?
Curious what they have to say about biz wins...if anything...at 2:30PM
Looks like Shabby (or someone) might be liquidating part of its position at 6...
I would think waiting for more news would be the time...but hey...I never took the Sykes course...
TD will permit 50% margin, if your xxii represents 49.5% of your entire portfolio, if it is between 49.5 and under 70% they will permit 30% margin.... 70% or more...they will not let you margin it.
yep...a buddy called this am asking what to do ...he wanted more, but lamented about buying at high 6's or 7's...told him to put order in for $5.20..."you are kidding?"..."NO..MM going to shake this out with profit takers, traders and just weak hands, might get lucky!"
He did!
pulled back and filled yesterday's gap....will still try to sit around 6 and suck shares out of trader's hands and profit takers hands...then when done ...close just below $7
everyone (almost everyone) knows the gig...now its a matter of uplisting and waiting for more announcements between now and April 12th.
it did... 9 cents off from it's HOD... terrible...
nope...only MM reflecting trades during day that were not reflected...MM housekeeping
IMHO...it will pop at EOD...but $7?...that's 40% move...but it is possible...we will have to see...
Also, holding its gains tomorrow will IMO...depend on announcements made with the up-listing...
That alone could be interesting...
skinny on "switching on margin"...each broker's margin department will evaluate and make determination whether they will margin. General rule...it will be, but without an investor's request, they do not automatically turn on margin for the issuance once it trades as a listed stock...per TD Ameritrade/Thinkorswim.
its up to each individual broker's market department to turn it on.
IMHO...one thing to do with margin is to diversity...because if you buy more of the same on the high...then it goes down, you get to your margin call area quicker...if you buy another equally promising stock it is unlikely both would retrace to a critical point for over 3 days (time you would get to cover a margin call). So you have to know what you are doing and why before venturing...
...otherwise, if you are looking for more leverage, you could wait for options and buy calls for the upside...and you would only have the cost of the option at risk. But xxii may not have options for while, and you also need to know which ones to buy...
so there is a learning curve in both if you are unfamiliar...
uncomfortable?...then just sit tight and enjoy the ride. When options come out buy long term puts as a hedge to the downside risk and sleep at night.
finally, if you sell out you will incur a tax liability. If that remains into the following year (after Dec 31,2014)...you will owe taxes. If you lose your whole profit before April 15th, Mr. IRS could give a poop...you are screwed and have to find the $. Word to the wise...Put $ aside to pay the tax, its worse than a margin call.
big?...like 3%-4% per annum?...lol
your broker should provide it immediately...but you need to call your broker and sign a "margin" agreement with the terms and conditions before they give it to you. Its good for every listed stock not just XXII. It margin on your account, applicable to all "listed" stocks.
With XXII over $5 it should be immediate...i.e. Tomorrow.
(Obviously PE and Funds already have it...so they will be buying on margin to boost returns)
regardless Dane...NYSE (MKT) does the trick...access by all the big boys and margin...
LOL...now you sound like spam for your #1...yeah...great plan...leaving a lot of skeletons for traders after he "front-runs" garbage or recommends shorting stocks he has no clue about the fundamentals...like XXII
and out, just before probable announcements tomorrow?...not a very good idea Nick....He follows a Trader who shorted XXII two weeks ago...enough said?
IMHO...the real buying today will be the last half hour...those PE who want in, will nibble all day to keep price around here hoping to get hit on the bid by the "less informed"...but they WILL want as much as they can get before tomorrow and wont mind paying up at end of day...
used to work 2 weeks (christmas break)and get my tuition for next semester...guess those days are well gone...
my son opted to keep his stock and drop out....
...(only kidding...I'd kill him!...ok, a semester off to build to $1M is ok)
ps...I would give management a little more credit for being nimble, creative and judicious...while pursuing a potentially significant opportunities.
What one can infer from Van's messages/newsletter is that something could be brewing or has already brewed involving MJ.
IMO this management has demonstrated that it would not be sitting idle in its Hercules (research/pharma) subsidiary, because its Goodwich (cig production/distribution)subsidiary is waiting for MSA acceptance and/or FDA approvals to move ahead in cig production/distribution.
This is especially true, when capital outlay could be structured to be minimal through partnerships/joint ventures.
But it would appear we will all know by April 12th if not before...
So what about the Hercules subsidiary?...should they put all of that on the back burner? MJ research can certainly be in their tool-box...this is mostly outside "contract" work ... and for the most part, what the Hercules segment has done for the Goodwich subsidiary...is finished. They completed the vln/vlt products for the cig manufacturer/distributor Goodwich...it's done... and they are doing other research projects.
If you analyze what is being said here...some investors feel that the scientific research arm of XXII (Hercules) should sit on it hands, because the cig manufacturing arm (Goodwich)has to remain focused. They have two distinct functions and missions.
It makes no sense. It even makes less sense when you add in the fact that the "science" research is usually contracted out...to universities using XXII's patents (usually for a piece of the action) ...
Guys who are trying to set up cig plant and distribution are not going to be called upon to put lab coats on the do research for MJ!
I agree with your other expectations....but exploring MJ is not hype...but rather a discussion exploring "reasonable" possibilities and connections
yes...I understand they have a proprietary plant...but that does not preclude a patented "engineered" seed creating a plant with different qualities, controls and attributes.
More trouble ahead for e-cigs.
Senate introduced bill today to give FCC authority to regulate advertising and marketing to youths...like cigs....
"Sen. Charles Schumer touted a bill Sunday designed to prohibit advertising and promoting e-cigarettes in a way that would appeal to children.
The bill, which Schumer is co-sponsoring, is focused on what he said were questionable marketing tactics clearly aimed at youngsters by offering bubblegum and cotton candy-flavored versions of the nicotine-laced devices, commonly called e-cigarettes.
"We've made so much progress in getting kids not to smoke," said Schumer, who expressed concern about the unknown health risks. "But now, e-cigarettes threaten that progress."
Also new study: E-Cigs becoming the "gateway" to Tobacco use for youths.
Study: Youths who use e-cigs move on to cigarettes
Originally published: March 6, 2014 8:02 PM
Updated: March 6, 2014 10:43 PM
By DELTHIA RICKS delthia.ricks@newsday.com
Blu Electronic cigarettes are demonstrated during a studio shoot in Melville. (Credit: Newsday / Audrey C. Tiernan)
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Suffolk County lawmakers held a hearing in Riverhead Should the Suffolk smoking age be higher?
"E-cigarettes appear to be a gateway product to cigarette smoking among youths, according to researchers who studied the "vaping" and smoking patterns of nearly 40,000 teens nationwide.
The controversial nicotine-containing products used in smoking cessation programs to help cigarette smokers break their habit are having the opposite effect on some youths, according to a study in this month's Pediatrics, a journal of the American Medical Association.
Once hooked on the nicotine in e-cigs, some kids graduate to the more powerful nicotine punch delivered by cigarettes, according to Stanton Glantz, lead investigator of the research, which analyzed data from the National Youth Tobacco Survey."
Someone (?) engineering the right seed, for the right plant, to produce the right oil, having the right configuration (eliminating THC etc) with the right balance could be interesting...
Kelt...I also agree with you but only in part.
Speculating on areas where a company "can" and has the immediate ability to go, is often helpful in supporting a decision as to when or to "let go" ...
If someone is ready to take a pop on a stock...it can be very helpful to understand the "potential" beyond what has been made public...especially if it is well within their technology, is a logical and reasonable vertical, and could be explosive to SP, if announced.