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davidal,
While I agree with your assessment of management, equally guilty in CORX's waste of promising technology is the FDA. Another corrupt government superstructure designed to protect the public, then co-opted by the big pharma industry to ward of all competition from upstarts like Cortex.
MF4
Bigworld,
With the Dems losing power and hopefully putting a collar on Obama's idealistic rewrite of the Constitution, I believe the first step to a healing of the economy and removal of some uncertainty has begun.
I knew the market would rally on this, and the world seems to be aknowledging that the FED will buy stocks on every dip. I am underwater on some SDS, but long some SPY calls.
With the huge pre-market rally in futures (another POMO day), I want out immediately of all of my short positions. This is the first time I've felt strongly about a direction in a long time. I'm mentioning all of this because I am a great counter-indicator of the market. 100% correlation for years. I'm not suggesting you stay short because of my experience, merely documenting the facts.
This morning's open could be a top. However, I won't fight the FED. I will probably start writing calls against both sides, But with volatility so low, even that's not profitible most of the time.
Good luck to you,
MF4
OT: Hilarious You Tube video: Hitler as a Vikings fan:
Patient #19 was named Daryl. Patient #20 is his brother Daryl. They got the data crossed-up, which invalidates the entire study. Back to the drawing board PR coming shortly.
MF4
davidal,
I'm enjoying your fiesty slams of CORX. Keep em coming. Hating these "boobs" is the only satisfaction I'll ever get for all the money I wasted on them.
MF4
Dear God,
Just in case human reality turns out to be a school where we live out our lives over and over again until we get it right, I would like to formally file a signpost for my next go round.
On March 20, of 2006 please make sure I see the memo from my future self to sell all my shares of Cortex Pharmacueticals at $5.50 and to never pay any attention to that company in the future. Use the code word "Mazzletoff" and I will know that the message came from a future me.
Thank you,
MF4
RBlatch,
Congrats to you on not being the one that looks foolish!
MF4
Neuro, 99% chance you're the one looking foolish come Monday.
MF4
You'd think some pipeline starved BP would try to pick up CORX with this. But, no. Never happens. What is wrong with this picture? Is it just because I'm long?
MF4
Good news : market yawns.
Bad news : Momo sells off 3 cents, then comes back a week later when sellers realize nobody cares either way.
MF4
End of October? Depends on the weather. A good snow storm could delay the pony express a week or two from delivering the data.
MF4
GFP,
Just as the FDA is corrupt and is resposible for stifling ampakines for the benefit of their BP sponsors. BP is also responsible for the FEDS always demonizing marijuana against the wishes of the public majority.
Many of the people that keep BP earning billions with their anti-depressents would be able to grow their own alternate medicine and the whole BP industry would suffer loss of income.
Whenever you want to understand a stupid law, follow the money.
MF4
For once I understand management's delay. They can't afford to run a trial themselves. It makes sense to find a partner to pay for it. If they're paying for it, they would probably want to design the trial or at least be a collaborator.
Now, getting one last patient for SA trial going on two years, is it? Sheesh! That's pathetic! These guys appear to be scientists trying to act like businessmen.
Why even state "end of October"? I'm sure they will fail to deliver on this also. SOS.
MF4
During a recent visit to Irvine, I was walking by a liquor store and I saw a guy in a 3 piece suit with a cup in his hands. As I passed him, I heard him mutter "excuse me sir, can you spare a few million?" I didn't give it much thought at the time, but upon further reflection, maybe that was Mark looking for his strategic partners?
MF4
bigworld,
That's an interesting graph. But what I'm looking for is a list of each day in the last month or so that POMO was "used". Then I would also like to see the schedule for the next month or so. Do you know where I can get that schedule?
TIA,
MF4
Does anybody know if there is a shcedule for the POMO days? It would be interesting to track the past POMO days with the direction and magnitude of market moves and to trade the future accordingly, if there is a correlation.
MF4
Does anybody know if there is a shcedule for the POMO days? It would be interesting to track the past POMO days with the direction and magnitude of market moves and to trade the future accordingly, if there is a correlation.
MF4
Cortex has simply turned into a "show me" stock. Very few will buy here until this company can show something other than "potential". I have 15 years of potential in CORX and it is a very stale story indeed.
If they can prove to be actually moving towards a revenue stream, I would buy more. But, until then, I will just hold what I have and wait for more dilution and missed timelines.
MF4
no way SLV dips below $15
Didn't you hear? Those pricks in DC, commanded by the big pharma lobbyists have a vested interest in lording their stupid laws over Californians in direct opposition to what the public wants. Well, they did the same with healthcare. Should we be surprised?
MF4
Bigworld,
You present a logical, reasoned argument. And you may be right.
But be careful. My take is that the enemy has us just where it wants us and the pincer movement has already begun. Part of that requires a complacent electorate come November elections. This will only be possible if the masses feel decent about their net worth. Long-term, that requires the stock market back up near DOW 14,000.
MF4
GFP,
I've been wondering how they were going to "secure" the internet? In the modern world, Security = Restriction. It will only be a matter of time until "they" use whatever they gain from this push, to jail people for speaking out against the government.
They will imply "if you're not with us, then you're against us", the way Bush did when referring to the "terrorists". Just another hooded boogey-man that can be shaded whichever way they want in order to demonize whoever opposes their "total control grid". Why are these people such control freaks? Pathetic little trolls.
MF4
Bigworld,
At yesterday's lows, I almost bought market calls because in my gut, I know the FED is buying all dips. Wish I had bigtime!
As much as it irks me that they are in the game, overpowering the market, as long as we know the gameplan, why not buy all dips? I know it makes no sense for the domestic economy, but the world economy is booming. I can't seem to overcome my sense of caution. One thing is for certain, eventually, I will capitulate and buy the market. That will, of course, be the top that you foresee.
MF4
Crunch,
Thanks for the link. Nothing all that earth-shaking there.
MF4
Bigworld,
Can you please post that video link? It didn't come through on your post.
Thanks,
MF4
Haysaw,
There are the moderately wealthy (non-thieves) that made it through hard work and playing fair. I'm not talking about them.
I'm talking about uber-wealthy people like Prescott Bush and his descendants that get it by any means necessary.
MF4
GFP,
I caught a replay of BL's latest message on a news show today. They had an old picture of him with well-recorded audio of his latest "message". The voice sounded nothing like the original BL. That alone makes it appear that BL messages are further proof that "they" are keeping the threat alive to justify the huge Homeland Security budget and the other hidden agendas they are pushing.
Amazing how the richest, greediest people in the world are never content. Shows you how they got rich: by stealing other people's money. Then using it against them.
MF4
And just when all the currencies are worthless and all the world's people are suffering, the cavalry will ride in with a fix.............
It's the IMF (aka the new Fed) with their new, one world currency. It's a New World Order paid for with yet another tax. The carbon tax: Because humans are so powerful they can cause more climate change than the sun and the normal warm/cool periods as proven by looking at geologic records and ice core samples.
But hey, let's control all the media in the world and make sure nobody that can prove man-made climate change is a hoax, ever gets heard.
MF4
Bigworld,
So far, my theme that the globalists will keep using the printing presses to buy futures and grind the SPY up to 1300 by elections is spot on.
Logic supports your selloff thesis. Throw logic out the window. never before has Oz's pulling on the levers been more obvious or desperate. But, since Oz controls everything, why fight him? The problem is, we don't know when Oz will trip his traps and sweep all of out bets into his pocket before resuming his manipulation.
I'm with GFP on this. Fascinating to watch, but I'll keep my money thank you.
MF4
GFP,
Yes, you are correct. The American people will get what they deserve, through their laziness and unwillingness to challenge the government's incremental pincer movement. But, people like us shouldn't just throw our hands up and make statements like that.
Clearly, the average American is too busy keeping up with surviving in this economy to have the time to look into the government's actions and do something about it. I mean, most elections are for tweedle-dee or Tweedle-dum, so there's no choice there. This too has been engineered.
So it's up to us, the semi-wealthy, semi-retired, intelligencia that have a clue, to enlighten everyone we know, that has a slight interest. I do so whenever I get the chance and I can see that many people I've spoken with, over time, have awoken in various ways. The truth is spread virally.
And I do believe that at some point in the future, when the globalists think they've got it all sewn up, the virus will manifest and thwart their evil designs, and the spirit of America will shine anew and with God's (substitute personal noun here) help, we will rise up and defeat the enemy and expose them.
Optimism manifests positive reality. Do not give up all that matters because the enemy seems so in control. Fight the good fight brother! Amen!
MF4
Haysaw,
If nothing else, the fact that Obama recieved the Nobel peace Prize after a few months in office and not accomplishing much was a signal to me, that he was the annointed one. The nobel Prize had some credibility in my book before this move. After that, my trust in any of these grand bestowments has dwindled to non-existent.
The Nobel prize was clearly an attempt to make Obama appear to be the next savior of the world. So, clearly the globalists even control the Nobel committee.
Do not trust the government or media. Everything is propaganda. Look behind the obvious for the truth. Paranoia kept Intel strong for years. We Americans need to trust our paranoia. It may be the only thing that saves us from the full-court press that has been engineered against us for decades.
MF4
Bigworld,
We don't have the luxury of two more years of democratic majority. if they continue on their path for two more years, there will be nothing to salvage in 2012. Pray the Republicans get a majority in both houses THIS November. Gridlock is our country's only hope. look how much destructive legislation has been passed in the last year and a half: healthcare, huge future dept services incurred. If cap and tax is passed, the U.S. will be a third world nation enslaved to the IMF.
It's not just the dems that screw things up. The creation of Homeland Security is a disaster and that happened on Bush's clock.
MF4
As long as Obama is bypassing the rule book and increasing the potential future liabilities that companies and individuals face, I believe the wealth in this country will sit on it's hands. partially in protest, and partially as a hedge against uncertainty.
This is the danger faced by allowing an idealist with no practical real-world business experience to have the keys to the country because he reads a teleprompter impressively. of course I believe the puppet-masters all but assured his placement into this position by engineering a terrible option from the other party. McCain was an automatic loser. Romney would have made it close. the puppet-masters rigged the game, as usual.
MF4
Food4,
The market tends to reverse course from one option period to another lately. Last Friday was the end of the September options. Monday starts the October ones.
The macro theme I have is that the puppet masters want a strong end to October into early Novemeber so the masses feel like their paper wealth is improving. therefore they will tend to keep the Dems in power to further rape the American way over the next two years. In order to accomplish this, the market needs to continue rising. This can only happen after a nice capitulation selloff. Short but sweet.
Based on this, my guess would be that Monday-Wednesday brings a strong selloff that reverses later this week and grinds up towards 1300 SPY at election time. If the Dems maintain their power lock, I expect the mother of all bear markets to ensue. If the Republicans can gain some control and get us back to grid-lock, this will be seen as a positive and the market and economy will slowly improve.
MF4
Designing a trial by working with potential strategic partners and maybe even getting trial financing from said partner? Well, that's about the first worthy thing I've heard from this bunch in years.
MF4
Place carrot on stick. Dilute more. Wash, rinse, repeat. Management is awesome!
MF4
nuero,
I'll save you the trouble of waiting: The results are encouraging, but indefinite.
MF4
I could be my usual pessimistic self, but why bother typing?
MF4
To all Obama stuff wondering what to do:
Stimulus packages are a waste of money. The reasons unemployment is not improving have alot to do with your administration.
Small businesses have been disincentiviced to hire because you have overwhelmed them with carrying costs, red tape and uncertainty. How much with your great "health care reform bill" burden employers? What kind of liability does an employer face now when he hires somebody full-time? What kind of liability does a shop-owner face if some moron slips and gets hurt?
Obama, if you want to get the economy going again, try tort reform; dismantle and reverse your socialist legislation, like health care reform; Quit giving full rights and welfare to border babies; Dismantle Homeland security, get out of Iraq, Iran and Afganistan; Shrink the size and hunger of the federal government; Legalize and tax pot, and immediately release all pot possession "criminals" in jail; Make it so the government tax burden (local, state and feds combined) is no greateer than 25% of anyone's earnings; Balance the damn budget.
If you are sincere (I know you're not), this prescription would cause the economy to boom. The feds would take in so much money due to the multiplier effect from the juiced up economy that the defict would be able to be worked off over time.
Understand that this country should reward those that strive.
Also, you are not the King! You don't get to create positions, like czars. You don't get to ignore the Constitution.
Your current course of action is either from sheer ignorance, or intention to purposefully wreck the economy and force us into a one-world system (new world order).
And yes, I believe it's the latter. I also believe you take your orders from the same shmucks that told both Bushes what to do.
MF4
Bigworld,
I think the DEMS made a big mistake when the decided to trample the Constitution and expand the size of the bloated government. The people have awoken finally and will vote their displeasure in November. Now if the Elephants could just stand up to the globalists and undo the last two years of legislation, we'd have a chance.
MF4