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Less than 10m is my guess
I think so. Recently loaded 45k...should get interesting over the next few months...
---Loading zone ---
Yes. And tsrx great buying opportunity on pullback which should be due anytime soon. Sold half my position earlier today.
Mstx --- loading zone. Insitutions in at .50 with warrants at .65. Over 60% institutional ownership...great swing opportunity imo...volume picking up nicely. Do some dd...orphan drug in phase 3 and starting a phase 2 soon.
Yeah, probably so...I sold half today at 11.91. We'll see...retrace does look iminent at some point soon but ya never know...
Hey guys. Tsrx doing well still. I sold half...started a position in mstx...great pps to load for a run. Pps dropped too much imo after recent capital raise (dilution). Institutions in at .50 with warrants at .65. Institutional ownership over 60%. Looks great to me...volume starting to pick up nicely...orphan drug in phase 3 and phase 2 starting soon as well. Feedback after dd anyone?
Loading zone -- mstx -- institutions in at .50 recently raised capital...stock over corrected and on the way up. Over 60% institutional ownership -- orphan drug in phase 3 and another soon to be in phase 2. Easy double -- analyst price target 1 and 2.25.
If every stock is unique than how can you make a blanket statement like double top and drop?? Pure chartists like you treat all stocks the same, as charts...so your previous statment is contradictory to your beliefs...which is par for the course for you....Anyways, will be an interesting week regardless.
Higher highs and lower lows, the chart is showing that as well. If nasdaq is green on monday we may very well climb into the 12 range. I looked at acad and cldx charts and notice similar trading patterns in their climb to the 20's. Sometimes they went down and other times they went sideways briefly and climbed a few bucks higher. We will see what happens this week, im holding still and think we climb to the low teens within the next three weeks before we see a retrace of a dollar or two.
No prob bro
Tsrx continues to rise
10ma providing support...looking good.
Wow! New chemical compound found - kills anthrax
https://scripps.ucsd.edu/news/13060
A team led by William Fenical at Scripps Institution of Oceanography at UC San Diego has discovered a new chemical compound from an ocean microbe in a preliminary research finding that could one day set the stage for new treatments for anthrax and other ailments such as methicillin-resistant Staphylococcus aureus (MRSA).As reported in the international edition of the German journal Angewandte Chemie, Scripps researcher Chris Kauffman in Fenical’s group first collected the microorganism that produces the compound in 2012 from sediments close to shore off Santa Barbara, Calif. Fenical’s team in the Scripps Center for Marine Biotechnology and Biomedicine, working in conjunction with San Diego-based Trius Therapeutics, used an analytical technique known as spectroscopy to decipher the unusual structure of a molecule from a microscopic species known as Streptomyces. Initial testing of the compound, which they named anthracimycin, revealed its potency as a killer of anthrax, the infectious disease often feared as a biological weapon, as well as MRSA.“The real importance of this work is the fact that anthracimycin has a new and unique chemical structure,” said Fenical, who added that the finding is a basic research discovery, which could lead to testing and development, and eventually a drug. “The discovery of truly new antibiotic compounds is quite rare. This discovery adds to many previous discoveries that show that marine bacteria are genetically and chemically unique.”The discovery provides the latest evidence that the oceans, and many of its unexplored regions, represent a vast resource for new materials that could one day treat a variety of diseases and illnesses. Fenical, a distinguished professor of oceanography and pharmaceutical science, helped found the field of marine biomedicine as a researcher at Scripps. He is a pioneer in discovering and identifying these novel compounds. His research has helped bring attention to the need for continued exploration of the ocean for science and society.In addition to Fenical and Kauffman, coauthors of the paper include Kyoung Jang, Sang-Jip Nam, Deanna Beatty, and Lauren Paul of Scripps and Jeff Locke of Trius Therapeutics.The National Institutes of Health and the Transformational Medical Technologies program of the Department of Defense Chemical and Biological Defense Program through the Defense Threat Reduction Agency supported the research.News Category: N
The market has digested Bernanke's comments and will look to continue the bull market run. Small caps to lead the way through the end of the summer. Tsrx is positioned well for a continued run and should release new catalyst info end of summer or early fall. New investors should feel comfortable after performing thorough dd. Enjoy small cap bio growth without the typical pitfalls associated with smaller biotechs.
It appears not many sellers, looking good at these levels so far.
Tsrx is looking great today. Market is down...she took a breather and has rebounded well by noon.
$20 by year end
I will post here or there perhaps but Im betting on a gold rebound now and am long ab* and wont be trading it either.... Im not a buyer so dont think im bashing because I wont even try to play a bounce...imo, the only way to play these anymore is in the preferred and it will be a very long term play based on winning in court or receiving money in a liquidation in 5 years...and over course the low probability congress will progide legislation that is advantageous to shareholders... This is my opinion...there is a "chance" commons will do ok but it is no longer worth it to me when I take into consideration the risk/reward. Essentially, the risk has increased, the investment horizon has lengthened (most likely) amd the reward is still the same. A lot has changed since march when I first started buying fnma...the gov has drawn a firm line in the sand....and when I seperate myself from the hope of a huge return fnma is no longer worth it to me. I hope everyone makes money with this, im all for the little guy...
The fnma play is over folks. Good luck
We are all down here in the 1.30's waiting for you...
Hey guys.. bought a bunch today @ 3.37. Was waiting for gap to fill before I entered...but its looking pretty good here. Looking forward to a nice turnaround with zynga...lots of good stuff in the pipeline...see ya around.
Dumped preferreds today dumped common yesterday, sidelines for now. This has turned into a real sh*tshow...
Hedge funds arent throwing darts...ted olson is going to eat the gov alive in court. Im sure the hedges ran these lawsuits by numerous law firms for opinions before moving forward. There are billions on the line, this is no game being played or low odd speculative bets by hedges.
This place looks like a drunken saloon at the moment...anyhow...jack lew sure didnt sound very confident with his statement...good night folks
I hope so too, especially for the older folks here...
Just announced fairholme is filing lawsuit as well...some may have to will this play to their grandkids the way things are going...sheesh.
Glad I bailed @ 1.65. Damn, could be an ugly open tomorrow...who knows though...
Just like 10 bucks next week...lol...and 54 next month...you should stick to the sub penny gold mining stocks you like to play
Wsj article - Non profits filed lawsuit today, said fhfa cant simply ingnore the law.
Fannie-Freddie Regulator Sued Over Affordable-Housing Funds Nonprofit Groups Say Mortgage-Finance Firms Should Contribute Trust Funds By Nick Timiraos Two nonprofit housing organizations filed suit Tuesday against the regulator of Fannie Mae and Freddie Mac for not allowing the mortgage-finance companies to contribute funds to two federal affordable-housing trust funds. Congress established two funds in July 2008 to finance low-income housing with a fraction of the annual revenue of Fannie and Freddie, but the companies' regulator, the Federal Housing Finance Agency, suspended those payments in November 2008, two months after the companies were rescued from collapse by the U.S. government. The Treasury has spent more than $150 billion to prop up the firms throughout the financial crisis. Now that Fannie and Freddie have begun reporting large profits, the housing groups argue that Fannie and Freddie should resume making payments to the funds and that the FHFA, which is acting as the firms' conservator, can't indefinitely suspend those payments. "The conservator can't simply ignore the law," said Sheila Crowley, president of the National Low Income Housing Coalition, which is one of the plaintiffs. She said the circumstances that led the FHFA to suspend those payments no longer apply because the payments wouldn't jeopardize the solvency of the companies. An FHFA spokeswoman didn't immediately comment on the lawsuit. In the past, the FHFA has said that Fannie and Freddie should be barred from normal business activities, including payments to the trust funds, so long as they require taxpayer support. In a letter to the chief executives of both companies in November 2008, the FHFA said it was suspending the trust-fund payments because they would "further contribute to the financial instability" of Fannie and Freddie. The suit is the latest in a flurry of efforts by different groups to claim a share of the growing profits of Fannie and Freddie, which have begun to send large payments to federal coffers over the past year. Last month, Fannie and Freddie paid $66 billion to the Treasury in the form of dividend payments. The suit, filed early Tuesday in federal court in Miami, follows a separate lawsuit filed late Sunday in federal court in Washington by a hedge fund that invested in preferred shares in Fannie and Freddie. The hedge fund, Perry Capital LLC, is seeking to strike down an amendment to Fannie's and Freddie's bailout agreement that requires the companies to send all of their profits to the U.S. Treasury. The lawsuits illustrate how the U.S. government faces greater scrutiny of its administration of Fannie and Freddie now that the firms are producing record profits and sending all of them to the government. The challenges are only "going to multiply until Congress reforms the companies," said Julia Gordon, director of housing finance and policy at the Center for American Progress, a liberal think tank. Congress created two different housing trust funds in 2008 to build a dedicated revenue source for low-income housing that wasn't subject to the annual appropriations process. The trust funds allow states and state-designated grantees to apply for money that will finance new rental housing or rehabilitate existing units for families with very low incomes, often those earning 30% or less of the median income in their communities. Fannie and Freddie were required to set aside 0.04% of every dollar in new mortgage purchases for the trust funds, which would have amounted to less than $500 million last year, according to the lawsuit. "Winning this lawsuit would yield the largest new investment in low-income affordable housing in over 30 years," said Rachel LaForest, executive director of Right to the City Alliance, a political advocacy group that is a co-plaintiff. A report released last month showed that the number of extremely low-income renters jumped by 2.5 million to 12.1 million households between 2007 and 2011, according to Harvard University's Joint Center for Housing Studies. The number of affordable rental units, meanwhile, edged down over the same period, to 6.8 million from 6.9 million. In the lawsuit filed late Sunday, Perry Capital said that the Treasury's decision to require Fannie and Freddie to send all of their profits to the government as dividend payments represented a "blatant overreach" that "illegally begins to liquidate" Fannie and Freddie. Perry Capital is being represented by Theodore Olson of Gibson, Dunn & Crutcher LLP, a former U.S. solicitor general. A Treasury spokesman said the government was reviewing the lawsuit. Perry Capital is one of a handful of hedge funds and other investors that began buying up the preferred shares at large discounts beginning over the past four years on the bet that Fannie's and Freddie's return to profitability could lead to a big payout. Last summer's revamp of the bailout agreement prevents Fannie and Freddie from rebuilding capital or redeeming a new class of "senior preferred" shares owed by the Treasury.
New article- http://www.zerohedge.com/contributed/2013-07-08/agency-shit-storm
Gov is going to lose = shareholder value restored
Imo, if you want to know what will happen with fnf, read jim millsteins plan...the only difference now is gov may not be able to exercise warrants after they are "repaid"with interest. I think the only dilution that will occur in the future is for recap purposes only...and I dont suspect it will be anything close to the 80% dilution we potentially face with gov warrants. Based on fannie acting as a mortgage insurer in the future, Millstein puts fannie's pps @ 108 before dilution...who knows where we will settle down from there, 80% dilution puts us over $20. i've been saying all along, if gov exercises warrants priced at .0001 I think that in itself constitutes a taking. As ive posted in the past, thats why gov sold aig the tranch of their warrants priced at .0001 and exersised the ones priced properly...warrants were designed to protect taxpayer investments not to serve as major profit centers to return gov 100% return. My opinion anyways...
Mm and big boys taking chart readers money at the moment imo. Charts are a great tool but those who only trade the charts with this stock will get tricked out of money and shares imo. This is a buy with conviction and hold for a swing at least until after q2. Just my opinion, good luck to us all!
Putin is loading, us gov is scared and will settle
Is that so...why dont you read the lawsuit filing as it clearly states perry capital starting buy preferred AND common stock beginjing in 2010...lol, you have to be short based on the timing of your posts from time to time...lol...good luck
1.80 boom boom time.
Lol...you one of his lil puppies I see...ruff ruff, sit boy.
I just finished reading the lawsuit filing...the gov will have a hard time fighting this imo. There are plans (jim millstein) and/or bills (capuano) that will remidy the situation...hopefully the gov will take the easy out perry capital is giving them amd not drag things out...
Chart's looking good, favorable news and earnings coming up...lets see what the future has in store, hopefully we all make some $$$ again. Good night folks
I just finished reading the lawsuit filing...the gov will have a hard time fighting this imo. There are plans (jim millstein) and/or bills (capuano) that will remidy the situation...hopefully the gov will take the easy out perry capital is giving them amd not drag things out...
Chart's looking good, favorable news and earnings coming up...lets see what the future has in store, hopefully we all make some $$$ again. Good night folks
I banked off my own, but we all laughed at you constantly editing your posts so you could look good and get people to sign up to your group...Anyways, good luck.
We missed you and your bs calls so much...cant wait.