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I'm a professional trader. I see these things happen a lot, it's like clockwork. No apology necessary :)
I KNEW IT.
These dirtball companies are all the same, so predictable.
They don't give a crap about shareholders at all. They just raise capital to pay the execs bigger bonuses this year.
Any time a pharmaceutical company with no products doubles or more in a few days and have no cash balance, they will do a share offering. Be weary, it's a common scam.
SHARE OFFERING $5.50-$6.00
SHARE OFFERING
GUARANTEED
This is what these scumbag companies do.
they have under 20 million in cash, and lose a few million a month, of course they will do a share offering when the share price more then doubles in a few days.
They only have one drug on the pipeline. One.
Only hopes. The hedge funds bought it all the past few days and raised the "price target" to $11 and $13 only so they have some news to sell into hopefull investors.
This is going under $4
Who the heck is selling today? PwC?
Crazy people selling now after we get more confirmation the company is legit and paying their bills.
Down on GOOD news?
Certain people were speculating and worried that HTI was not going to be able to pay or come up with the money, but looks like they have. More risk off the table. This will be an epic year!
See how the same market maker is propping the bid 1 tick below its offer with only 25k shares in hopes someone will hit them large on the offer.
If someone feels like swiping some large size into it, it might break and rip, or they may just keep refreshing in order to cover thier position or get short. Time will tell.
UBSS 147k refresher has walked down to .0116 and will walk down until it is filled. Could be 1 million shares to refresh could be 100 million. Or they could just pull it any time.
Refresher on .0119 as I suspected... Dirtballish
UBSS fishing for a quick profit. Once they get filled on the offer I won't be surprised to see the bid pull.
Not saying not a good long term buy. This is just an intraday scalp attempt.
This is worth 50 cents. Buyout is official at $2.97 consider yourself lucky. This was going to go bankrupt is Sprint didn't buy.
What I don't get is who is buying it this morning at over $3 when they buyout is $2.97. It should be trading at 2.90 since you have to have your money tied up while waiting.
This makes no sense at all.
I'd the to see what would happen if it failed FDA approval today instead.
nice trade
They don't want or need Clearwire that bad. They already know they are paying too much. Too much info was leaked and CLWR got pumped before sprint made the official offer or they would have been paying $1.50-$2 for CLWR
Why is it over $3.10 when the buyout is at $2.90? Are people on crack?
Clearwire was going to go bankrupt, it was down to 83 cents this year, worthless losing company. Shareholders should be happy to take the money and run, not file class action lawsuits, greedy scumballs.
Today is just a short squeeze, some big hedge funds are getting short today off of the squeeze buying. Will see it between 2.80-2.90 today or tomorrow.
Starting to become immune to the MM shake outs. Soon we can shake them.
BUYZONE!
SLEAZEBALL MM'S LOADING UP!
$1.35-1.70 BUYOUT!
Next stop 3.50
I know most of us aren't happy with the recent drop in share price.
But the increase in volume is very healthy for the stock. It went up and down on very thin volume the past few months. This thicker volume and larger block trades indicated bigger buyers, and set's a new floor for the price.
If you look at where it was it really hurts, but for those who didn't have a position and are buying today and see where it just came from, it probably makes them feel very happy to pick up large share size at these prices. Last time it was here it was nearly impossible to get a few million shares.
If you are in this for the long run I suggest buying more this week and averaging in.
$2.25-2.30 today
AMD Very Undervalued right now.
Last time it went down to sun $2 levels in 2008 it went back to $10.
I feel this will do the same thing again. $2 range is always a buy zone in AMD.
SHORT SQUEEZE GOING TO HAPPEN
GET READY
Like.
Nice post savino, couldn't agree more.
you can try something like flickr to upload the photos to http://www.flickr.com/
Would love to see the photos.
I believe they didn't show because of the date change. Maybe the presenters booked a flight for the weekend only in advance or something like that.
Regardless I want to hear a response from their PR.
Mega Market Maker Shake out. This is a Mega Buy Zone.
They are pushing it down to get the big volume holders to sell into them, once they gobble up the amount of shares they want it will cost them nothing to push it back over a penny.
Wake up Charles.
Another Market Maker Shake Out...
Watch it pop up tomorrow or even intraday today.
Is Highline registered for this?
Well that was a good buy...
Agreed, now that the price has increased so much in the past few days shareholders would reject 16.50.
I'm really surprised no one offered to buy them out when it was down below $7. Probably because the courts would fight such a large merger. Look how much trouble google had with motorola.
Right now RIMM has a good opportunity to RECLAIM it's market share.
Apple released the iPhone 5 which is the same as the 4s/4/3 people will get bored. The Samsung Galaxy 3 is so awesome that i's going to take a while for a better android phone, all they can really do at this time is add a bigger screen or more cores, but how many cores do you really need on a phone?
RIMM should stick to being elite business class phones, and make their brand desirable. I think release the Pearl phones was a bad idea, even though it created lots of sales and entry level blackberry users, it made it too obtainable and less elite for those who had the higher end phones. Just like when BMW and Mercedes started selling cheaper smaller cars.
If RIMM could build up enough cash to buyout Nokia it could be a nice combo of patents.
Happy US Thanksgiving to my fellow 'Mericans!
Took 21000 shares at $10 for a hold. Something is going on, someone knows something.
Oh you know...
BUYOUT PRICE $16.50
Share Offering Risk!
Bankruptcy Risk!
A lot of bottom feeders under .01
We have a lot of support and firepower.
Some people got shaken out, now time for a little short squeeze. If I were short right now I would be scared with news pending and such upside potential. You can lose a lot more being short then you can being long here. Not worth the risk being short.
Buy Zone again.
The weak will sell here. And then the news will come out shortly after.