Background is in Investor Relations and portfolio management focused on energy stocks. Always looking for opportunities to learn & share more.
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Not so.
Those wishing to find balance between share prices and information found on filings are those with greater intellect and creativity searching for corroborative evidence justifying investment.
Those who denigrate smarter investors might examine their own proclivity for arrogance as that, by itself, will often result in piss-poor portfolio management.
I wish you well but doubt things will turn out that way---for you, that is.
Well said. But I suspect this sudden emergence of Tony's supporter is just a feeler scavenging for remnants of times long past in the hopes of generating the next stage of the "Big Scam."
Who's the real short?
It's beyond me that there are such ugly people out there indicting others all in the name of making a buck at the expense of killing off positive beliefs. The world today is under terrible existential pressures coming from all conceivable angles. I find it pathetic how some will. place their own personal gain above the welfare of their fellow planetarians.
The poster offers nothing by way of court resolution regarding the inquiry, albeit dating back some six full years!
Absurdity in its finest cloak, huh?
So sad.
You don't like runz?
No shit!
I live in Harlingen Texas, a few miles from the Mexican border. Lovely area and incredibly cheap eateries serving fantastic food. Mostly Mexican and Oriental.
We live on a little ranch, just over 16 acres of gorgeous land. Goats, ponies, horses, goats and dogs make it all worthwhile. All for fun.
My donkey is named LS---stands for Little Shit. I've taught him to smile on command. I don't know who is weirder---him or me.
LOL
Every morning without exception I consume 3 oz. of chia seeds with plenty of water. I buy 25 lb sacks through Amazon---run me $63 per bag. I swallow an ounce more in mid-afternoon. Chia is very high in both protein and fiber so it promotes regularity. At my wellness check in November (2019) my doc didn't order a blood draw. I asked why not to which he replied that my May, 2019 bloodwork was so outstanding he couldn't imagine finding anything to justify the blood draw. That's chia at work.
I'm also a hot pepper fanatic---eat about ten raw jalapenos daily, usually with drizzled ghost pepper sauce. Chia, black coffee, jalapenos and a few pork rinds and I'm satisfied until mid-afternoon. Getting off the stationary bike, I have the afternoon chia plus an orange plus a whole wheat tortilla with maybe a half teaspoon of peanut butter. Plenty of coffee and I'm good til din-din.
Snacking:
Roasted and lightly salted edamame (soybeans). I'll have about 150 a day. These are mostly protein and fiber so they fit in perfectly with the chia rationale. I like them like peanuts but far more meaningful nutratively speaking. Evening TV---berries with half a cookie with the wife eating the other half. Once in awhile we'll split a Russell Stover chocolate.
I could tell you more but I don't want to clog this board.
Let me congratulate you for getting outside despite less than favorable weather. The fact that you could be inspired tells me loud and clear that you are ripe to accomplish your goals. Maybe you've been needing to be encouraged although you get a lot of it here, I've noticed. I didn't actually try to encourage you. Rather, I questioned why you fail, knowing damned well that we succeed because of actions we take. Similarly, we fail to accomplish because we build in room for failure!
Call it denial or ignorance or insincerity-of-purpose---but you CAN control your desired outcome if you've got the balls to get it done.
The choice is yours.
That's the poop, my son!
Len
The message I'm getting lately is that I'm allergic to people. I must be.
Although with this Ford-inspired smartwatch, it now appears I'll soon be getting a buzz from close proximity to others.
No booze allowed, I guess---might be an unpleasant interaction.
Really?
Encouraging.
Should have filled you in better:
I'll be 80 in June.
On no meds whatsoever.
Battled hypertension until I wised up four years ago-- killed off salt and UNNECESSARY weight and the doc announced: You beat it!
I've learned that no excuse is a good one! When I see fat on me I see failure. I can be better than that. As for waiting? What do we wait for--- it can't be for tomorrows if we don't build for them now. Not later-- NOW.
Every day without meds to rebalance is a day that has me feeling like a success instead of a sucking cess.
lol
I hear you. I hit 315 some years ago and now weigh 196 and dropping. I'll disappear in 2147, give or take a funeral or 2.
I keep a paper detailing BP, HR and weight on my physical desk right in front of my keyboard and check about five times weekly. This is a daily challenge for me as nothing is more important to me.
I ride an hour a day on a great $200 stationary bike from Amazon. I don't need to blame the gym. (Hint?) And I frame my diet around high levels of fiber including about 4 oz. of chia seeds.
If you matter to you, do something about it. Otherwise you're just another bs-er. Do you want that?
Len
It may be self-contempt in play.
Get back on the diet, damnit!
lol
Soooo---
\Vas iss new?
Thank you for your opinion!
After reading thru much of the filing call I can say is: Totally pig.
No history of ever making any money whatsoever. Burning thru money by selling equity--- worthless! Lots of debt.
This is such a monetary farce.
We are most definitely on the same page.
Call me a patriotic wannabe but I just launched a tiny position in Ford predicated on the fact that the company has dived into the medical supply arena full face.
Over the years I've held positions in "F" but always because I smelled profit opportunity. I have always made money on this company, too. This time is different as I don't really care about making money on my paltry "F" position. I just want to be part of a process that has care and concern at the heart and in the heart of the company's participation at a most challenging time.
Looking forward to catching up to things discussed on this board.
Before this return to higher levels I have to admit I was tempted. But I resisted the urge as there's just too much lack of visibility---at least for the present. However, I fully expect to be adding just as soon as I sense a broader general market bias. Shares well under $1.50 are insanely cheap. The opportunity is obvious. The question remains, though:
How long am I willing to tie my money up as I await a less complicated road map?
So it's really a temporal issue having nothing to do with the company's share quality.
So I wait for now.
Methinks we just got interim numbers a couple of weeks ago if I'm not mistaken . Dr. Perry admitted that the Corona virus was slowing clinical trial efforts and stated that we're in good financial shape.
You misunderstood my post as I wasn't speaking to the accuracy of factual matter. Rather, I was respecting the poster's logic however applied or misapplied on facts in evidence or otherwise.
Still, you make a fine point.
Appreciated.
Well said! Totally realistic and fundamentally sound.
-----------------------------
Question:
what do folks here on the board expect of Corona virus impact on the success of Amzeek?
All responses potentially offer relief.
Have at it!
I understand. You're a good man for sure.
Send a note to Administration requesting removzl. I'm not amod on this board
You are forgiven, my son.
I appreciate your having spoken as you did! It's not always comfortable traveling the lonely path, alone.
As for my position size? It was about 40,000 shares when I got a $142,000 infusion due to the failure of Serlopitant. So I wound up with unexpected shares by the boatload.
I'll take it. lol
Funny but MNLO and just one other stock pick are on my buy list at present. I'm sitting on a bunch of cash just waiting for the right opportunity to come along. However, I'm not about to rule out the possibility of our having to face a retest of recent lows---so I'm exercising caution until there's greater visibility.
Meanwhile, it's comforting and exciting watching as MNLO gathers speed and even a bit of conviction.
Good luck to us!
Frankly I don't give a damn about his reasons for leaving. All I care about is seeing MNLO prosper in the marketplace. All this useless chatter aimed at micromanaging things well beyond our control about an individual no longer even associated with MNLO is an incredible waste of time in my opinion.
I've got 155,662 shares of MNLO and pleased that I do. I'm underwater, of course---but that hasn't prevented me from adding shares on severe share price swoons. And I'll continue doing so.
Much has been stated on this board about expectations. It's an important aspect of how we investors and/or traders view opportunity and importantly--how we share our thoughts and aspirations.
It's been no secret: I've been thinning my portfolio for some time now. Losers have been largely liquidated in the name of adding to my cash pile. Formerly at 80,000 shares of RCEL, I'm down now to 45,075. So even my most promising stock pick is greatly diminished in size.
These past few weeks have had me reluctant to place money into any new picks. And this was preceded by my determination to reduce or disqualify altogether any and every position formerly held in high hopes of proving to become successful investment moves.
Some predict terrible market devastation coming our way. I have no idea what will be as I'm not a prophet nor seer of any sort. And it is because of that I'm now almost 60% cash. When one of my remaining picks climbs strongly, I reduce my stake so as to guarantee that I'll be sufficiently monied so I'll be able to take advantage of lower prices coming our way---albeit eventually. This is what moved me to liquidate nearly half my RCEL position.
While I have no doubt that the market will again grant us opportunity to get our jollies, it is not happening now, at least not for me. I have no dire predictions to offer, no wish to frighten others or even to offer a glimmer of hope---at least not yet.
What I do expect is that there will be a point in time when deeper investment will rear its beautiful head, pushing me to put some of these carefully and painfully collected cash assets to work once again.
That time is not now. So I continue to be vigilant, hoping I'll make some smart moves when times and circumstances have changed sufficiently to warrant a bias change.
Happy cash management to all!
Must be a holiday down under, right? No trading at 8:46pm C.
Too bad. Will have to wait till morning for the next adrenaline rush. lol
On your nickel, maybe. But not mine.
There hasn't bee news from this turd for years. And the last news lied about forthcoming deals resulting from a couple of extractors that were never bought.
Lies, more lies and only lies.
Nothing else.
I've got a couple of million shares---worthless, even if I could get 0.0001! What can I do with $200?
Total trash.
Fine news, John.
I'm not a happy camper just yet. I have to see reason for optimism. The Covid 19 issue will not be with us forever, I'm confident. In the meantime I need to see qualifying data points pointing to positive markers by which my MNLO holdings will eventually make sense for this investor.
However, I like the merger-inspired reconciliation of today. I hope we get to hang on to it..
I find it hard to believe---:
Nobody has seen fit to announce having received our due for the Serlopitant failure as per the merger details covering the merger of FOMX and MNLO.
Whereas I've had 95,000+ shares showing a sizable loss in the Ameritrade account page since the merger, that listing has now disappeared. In its place is a large MNLO share infusion.
Whereas I'd held 40,000 shares of the combined entity, I now find I have 155,662 shares. The gain showing today is around $140,000. I'm still waay behind for the past month or so but this soothes the savage spirit somewhat.
My hope is that others haven't noticed the MNLO reconciliation yet or perhaps Ameritrade was a little quicker on the draw.
Regardless, please look for the transactions in your account info and share a bit regarding how you feel about things now.
Thanks.
Jugs
This article is deficient inasmuch as oil and gas are in the basement largely because the country business environment has effectively been shut down pending managing Covid-19 threats.
Nobody is driving!
Many people are not about to incur commodity expenses such as heating because of income uncertainties.
Even we retail investors are shy about putting cash to work in the petroleum sector due to uncertainties. I'm sitting on a lot of cash but reluctant to commit any of it to oil and gas---too early for me.
Talk of an oil glut is irresponsible reporting in my opinion. As I see it, oil and gas will not find me investing until I'm of the belief that what I'm seeing in market breadth demonstrates at least some measure of recognizable patterned behavior.
Translation: "Stability!"
Good to hear!
Thanks for following through on an important issue. The Corona virus is holding most everything back but we'll have our day, won't we?
Cheers to you, Steve!
While I've got no way to prove it, my sense is that our rise this morning is a result at least in part due to Jim Cramer's stating that he views Avita as a speculative buy. That's about what he was saying when DR. Perry was a guest on his Mad Money program. However, today he came right out and said that he likes Avita.
I'm not a fan of his because I intensely dislike his grandstanding. However, I recognize he is brilliant and I respect him greatly.
And I always enjoy seeing my largest holding move higher nearly a half dollar.
Geesh!!!
We know about it also.
Surprise!---They're not telling us anything.
Let's all remember to breathe, now.
On the count of 3:
One
Two
Four.
Huh?
There's obviously a lot to like in these numbers. More meaningful to me is that DR. Perry is not pulling his punches when highlighting the fact that the onset of the pandemic will indisputably slow our progress. At the same time it's also gratifying to find him affirming the fact that Avita is well financed for now.
The trader part of me laments my not having anticipated the release of this report. However, I didn't sell my complete lot of trading shares and I've been taking advantage of the half dollar rise this morning, selling into the feeding frenzy.
My expectation is that a week or two from now we will see tarnish on the silver lining, eventually leading to buying opportunities in the $5 range.
The ripple effect of the health crisis will continue in various ways. My goal at present is to preserve capital, not knowing a lot of things a trader and investor really must know. It's too soon for that, unfortunately.
Selling into this bump up in our share price is a given, I'd be crazy to ignore the gift. When we don't know what will be---including things we traditionally count on such as market stability and stock prices we believe will remain fairly constant---to me that's the time to consolidate opportunities to sell and preserve capital. $6.07 may not be our high for the greater time looking ahead but if the share price does drop back to $5 or nearby, then sales right now make a lot of sense.
We never know in advance how things will pan out. Friday I sold a lot of shares at $5.475. I didn't gain the half dollar my retained shares did. But I continue to believe RCEL is going to drop at which time I'll try to recapture unfortunate losses.
That said, I'm relieved, knowing I've got enough cash to have me in a buyer's position.
SO the waiting game is on full force at present.
Good fortune, all! And please tells us how you're doing if trading.
It looks like fizz associated with Serlopitant has herewith fizzled according to reports out re. clinicals. They found no statistical evidence of efficacy. Too bad for the afflicted, too bad for (original) Menlo investors. Probably better for us original FOMX guys.
I'm tempted to add to my position but lack enough clarity to do so. Too, while flush with cash, it strikes me as smart to hold onto it rather than take on risk at the most difficult of times.
Good luck, everybody!
Read posts dating back several years. He promised huge returns for those buying up millions of shares.
He promptly sold everybody down the river without tapology.
I don't believe any investor dating back a few years could have anything positive about Mr. Kissler.
We are definitely on the same page as neither of us feels safer because the price of oil might rise.
Joe Blow is the guy. He will be starving without a job.
I'm well secured but I've gotta admit I'm down 54% from my earlier portfolio high.
Oil pricing is not going to be determined by political discussion. And virus concerns are the real issue at the moment.
I could say that your numbers are incredibly interesting.
However, saying that wouldn't mean more than point to the fact that I'm naive.
We know what we know, for sure. But it's the stuff that we DON'T know that has me realizing I'm dumber than shit.
I don't know squat regarding when we'll return to anything resembling normal. And then there's the question:
]
What's normal?
A new normal?
If I were to define "normal," I'd have to state that I'll know it by its remaining towards the center of market staging. We're staggering right now because there don't seem to be defining boundaries to things that can or may happen.
Investors very much do need such affirmations.
What will this do to combat market-destructive forces emanating from the onslaught of the Corona virus?
Will rising oil prices encourage people to drive more when, in fact, much driving in this country isn't allowed unless for qualifying purposes?
In short, it strikes me that we need to distinguish between political band-standing and supply & demand side economics.
NGL is caught in this mysterious web as much as any company. Worse, we've dropped in market cap from about 1.5 $ Billion to a current $258 Million.
That's worse than even my portfolio!
This is, indeed, a devastating time for us believers in NGL.
You are correct. I usually rely upon margin availability as stated earlier this morning in a post of two. It's for the sake of convenience and I always maintain cash reserves sufficient to cover my debt.
However, I've been urging fellow posters here to reduce margin exposure as is evidenced in the post you've highlighted. In late February I sensed a serious market wave was about to descend and thereupon unwound more than $300,000 in margin utilization. I remember feeling that while it might be okay to dip a toe in the water for something highly promising, you wouldn't want to do it if the water's infested with crocodiles. And when I wrote the post you mention, it was towards the end of February, well before the Corona virus took most of the headlines here in the States.
My stance was based heavily on the petroleum market. I could tell that all debt would soon be the Achilles for MLPs, should anything perilous affecting the global market take place. I didn't see the Corona virus accomplishing that . What I did see was that demand wasn't increasing appreciably and that, alone, meant that oil and gas borrowers could become caught in a web of market manipulation without readily available redemptive forces in sight. With Saudi A. and Russia now occupying part of the global catbird seat, I think there's merit to anyone's having concluded that oil and gas risks were mounting. That told me that I had to be out of MLPs if my reason for being in them was tied to distributions. I couldn't reconcile retaining faith in my receiving distributions from companies strangled by debt exposure.
I'm awaiting a "right" time to re-purchase shares I sold this week. I see now RCEL is down to $5.31, off 16 cents (+) from my earlier announced selling average of this morning ($5.475). I continue to believe we are headed lower and hold that this might be a good moment for some others to consider preserving capital by selling now which happens to be the high of this moment. If you believe we are heading lower, then it's clear what must be done.
People sometimes have a hard time distinguishing between good investment ideas and capital preservation. A successful trader and investor must have a foot in each of these!
P.S. As our President prepares to speak with heads of State this afternoon to discuss the oil situation, nothing to be concluded at that meeting could possibly offset the demand and supply side economics involved and it's those items yet to be fully understood and accepted. So long as the Corona virus tramples people, our finances will suffer accordingly. Factories will remain closed and demand will not perk up any time soon.
We are at war but it's with a global pandemic brought about by a disease. No amount of politicking will immediately undo the ravaging of the Corona virus.
After completing the laborious task of adding up all shares of RCEL sold yesterday and today, here's the final tally with eventual results further out:
Number of shares sold:
25,000
Average (per share) cash redeemed for eventual utilization: $5.474
This leaves me with 55,075 shares. Most of these are "core" shares meaning I will not sell them unless something truly odd occurs forcing my hand. These are not to be used as trading shares.
Need I say that I may have blown considerable opportunity by engaging as I've done today? Truth be told, I'm concerned. I'm facing the distinct possibility that I know nothing and perhaps even less than that. So my gut is telling me to be ready for things outside of the box. In this instance that means I must prepare for eventualities I cannot see at this juncture. I've got to remain open to things I can see as well as those those beyond my understanding.
I've still got enough shares to feel good about several years out from here, I should think. I'm not considering re-spending the redeemed cash on other stock picks. My expectation is that I'll be putting more than half of the money repatriated thru these sales right back into Avita, presumably at a lower price than received thru sales. It will not be used for any other purposes as there's nothing on the horizon indicating I should have to spend it on anything else.
I sure hope my accounting of my personal actions taken yesterday and today for things helps someone out there. If nothing else, I believe I've done something intended to be of value to others. It is not my wish to find others walking my walk unless it is they who are thinking for themselves and making decisions for themselves.
Last note: RCEL is now a just under $5.43. I am absolutely certain we are heading lower. Please consider protecting your assets. And ass, too!
Thank you for reading and my best of good fortune to all.