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It is NOT approved yet. It was approved by a committee panel not FDA reg. The FDA normally takes the panels opinions seriously but does not always follow them.
Now it's dropped .30 in 2 minutes? Made a quick flip but staying out for now.
This is going nuts!!! It's jumped 4% in the last 15 minutes. Something is up :)
Well I've decided to short this thing. Made my money when it went up. Too many negative articles and target cuts for this to move up right now. Once the dust settles in jump in for the buy.
Nice pop at the bell to almost $87. Sold $86.20-$86.25. Looking to jump back in once it drops more. Shorts are killing this thing.
I guess everyone is shorting on this board. While I got in 2K shares at close to $85, I'm sitting nicely right now.
It's going to run and cause a short squeeze at the bell, ready for it and bye bye shorts :)
That was after they released the news. It has already dropped, they aren't expecting for it to drop another 10%! This is gold to buy at this PPS. Last time this stock had this kind of drop it made a massive bounce which by the looks of it will be doing it today. Watch and learn man :)
I hope you're kidding. This thing will not drop nearly that low. The moment there is slight positive momentum it will cause a massive short squeeze. It is way undervalued right now even with a couple of the target cuts. It will reach $90 easy at some point today. Watch :)
I say at least $88 open PPS, run past $90 by 10AM. :)
Thanks. Congrats! It'll be a good day up from this level. I think we'll hit $90 at some point today.
Sitting on 2K shares from AH yesterday. I'm holding, we'll see solid movement up today with high active volume.
This will have a nice climb before the bell and should have a nice bounce. Holding here.
Agreed. Loaded 2K shares :) Anyone who's buying this low will be smiling tomorrow!
I know however the way this is trading is far lower than it should be. We will see a nice jump above this during premarket session. I loaded and will wait to see tomorrow :)
Just loaded 2K shares here. This thing will be higher premarket :)
Gave everyone the heads up Friday right after the closing bell... :)
It definitely will be an interesting week, premarket should be fun tomorrow. Looking forward to the intraday volatility as usual as well.
A little birdy told me that this will be going down on Monday.... Mark this post.
I've been debating to get in this one. I've been on BAC for a weeks now and read an article about this last night. The interesting thing is I'm not sure if I want to short this or buy in. It's almost a 50/50 shot as to what's going to happen with this company.
No need to apologize man! Hope we all make that money on this stock. It's a good one to play with the dramatic PPS swings continuously throughout the day.
Good morning Ison. Please reread my post. I didn't short last night AH, I covered my short position at mark 13.40 :)
Ok no worries, feel free to ask away if you have any questions. I used to be on here all the time helping others with Q's/A's.
Nope no options, just short and short to cover. With one of my accounts I can short and short to cover from 8am-8pm.
Why is it odd? Ive done it numerous times over the last few weeks during AH. As for tonight, I didn't short, I did cover my short position at the 13.40 mark though :)
I remember years ago I was flipping this stock when it was down in the $5.00-$6.00 range when the market crashed or should I say the whole economy crashed and BAC was in the dumps with numerous real estate and loan lawsuits. Wish I held those shares instead of flipping them, would've been sitting on a solid 100%-150% return right now! Oh well, it's all fun and games, there will always be more opportunities to make that money!
Thanks, it's nice to see some positive comments in posts. We are def all here to make money so whichever way anyone trades I hope they are making money as well (including yourself of course).
Loving these huge daily swings. This is literally the only stock I am currently trading and play this thing 10 times a day. It's like a yoyo ATM machine. It channels almost every day so I short when it's at the high of the channel and the moment I cover I buy back in. Even in AH this evening it's been great.
Halted *
Mgt hauled. Be careful if you're flipping this! It gets tricky but can make bank easily :)
Thanks for the cheapies, get ready for a short squeeze.
Loading these 60's and 70's now. This will be above 3.00 before the bell.
Loading now, it will take off at the bell.
I agree BAC's PPS is very depressed and it should be a lot higher but looking back at the history of this stock it's always been depreciated. The company can never keep afloat with positive news or momentum as you mentioned; it seems like it always catches a snag somewhere and caught in a web and back down it goes. As of now I'm still flipping this thing with the great swings and channels it moves in daily. If you have time to watch it throughout the day you can see the daily trading channel and just play the high end and low end back and forth but I do recall you saying you're holding for now. I agree if you are in it for LT, this is a nice PPS to jump in. As far as ST, I still believe a lower PPS is plausible with the amount of volatility going on especially with the Brexit financial issue hanging over the US banks.
Buying at 206 was a great move by me Thurs night AH but sold way earlier than I should have yesterday. Hoping for a dip early next week to get back in. We'll see! Happy 4th to all.
Easy money here guys. Looking to buy some cheapies again for the ones who decide to sell in the 3.50's if they show again like they did on Thurs and Fri. Good ol' weak hands who mistake manipulation to load at bid as a drop :)
No prob. If you have time and can watch it consistently you'll notice it's been channel trading intraday lately which is easy to make swing trades. The channel yesterday was 13.06-$13.11. I've been playing this one a few swings a day. I'll short when it's on the top of the channel and then buy it right after I cover at the bottom of the channel.
This thing is crazy man. I shorted right before Brexit and make a killing. Then shorted again on Monday at the end of day and got burned on Tuesday. I did not expect the market to rally so quickly and so abruptly. I thought it would take at least this week to recoup its losses but it made it back within 2-3 days which is astonishing. The whole market is almost to where it was before Brexit even happened but I do expect a slight pullback soon. As for BAC the PPS was at $14 prior to Brexit and its trying to hold above $13 now; I think there is still correction that needs to take place in the charts and until that happens it seems manipulated by emotion and large holders. It was following the Oil charts for awhile and changed the course as of the last day or two so it's almost acting independently now which is why I don't hold it long. I wouldn't hold this unless your LT. I day trade so I'm in and out within seconds, minutes, or possibly hold till next day depending on performance.
Hey! How have you been? Long time for sure. This this is an easy ATM. I'm mostly playing the higher tier stocks now but occasionally dive into some of these active movers. This one def has a lot going for it but it's and manipulated like no tomorrow so you just have to jump in at the right times and it's a sure thing :)
This thing dropped 4% AH on "Old" but "New" PR news. Who would sell this as far as under 205 yesterday? Glad I picked up the weak hands.