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I added here.
No I don't but I am still holding all my VSGN.
Also got a few SYNM.
OOOOOOOOOoooooohhhh sorry lol
I am slowly collecting/adding a few biotech stocks that I like which seem heavy oversold. I am guessing partly because of tax selling and I am hoping for a rebound in January.
VION, HNAB, MEMY, and MCEL (hod).
But I like your SYNM also for a swing.
Hurry up and put your costume on and start cheering and dancing madly LOL. Might help
I don't know yet, all the presents are wrapped and lying under the tree. I am done shopping.
You?
Goodmorning everyone,
Let's see if we get a Christmas rally today and tomorrow.
IMO heavy tax selling like most other biotech stocks.
Buy them when no one wants them. January could be a good month.
Cheers
Thank you, but I am out for now.
Instead I have put everything in HNAB.
Cheers
You are sooo funny, but you are right.
Cheers
More news : Results of Vasogen's Phase III ACCLAIM Trial Accepted for Publication in The Lancet
Gm stuffit,
more news from VSGN
GM SL, it is incredibly sad but becoming true.
Have a nice weekend everyone
Cheers
yes thank you, I am very happy
MRGE is strong
MRGE worth holding?
MRGE nice looking chart
This is a shocking piece of information.... wow!
He is right but is not that easy. The mechanisms that are now in place to bail out banks go back to the lessons learned from the great depression where the failing bank system led to a lot of poverty so in the first place these mechanisms protected and still protect the small people's savings and those savings constituted an important part of the bank's working assets. Now that hardly anyone has saved money and most of the pension money is in 401k funds (i.e. the stock exchange), America has spent the same money 3 times and now it is really gone. It is going be very painful to put these assets back. So I am not ready to throw away the mechanisms that bail out banks, because they protect the people that still have been smart enough to put some money aside.
I agree with Stiglitz that it is the victims of predatory lendings that need protection.
So the only players that should suffer from this are the chumps that have practiced the predatory lending tactics.
They should be disowned and sent to jail. (i.e. credit and debit card companies)
I would run too if I bumped into these guys in the middle of the night
...and I ran, I ran so far away... LOL
LOL goodmorning, you must have been in a good mood last night!
Having a little party?
Cheers
Goodie, you own this one also )
I bought at .61 and .65. You?
Just heard on the call that they are looking for a (European?) partner and will soon file an NDA in the US
VION looking real good!
GM all, VION could be interesting with the CC today.
Thank you SL,
Sounds like a must read... I will definately look for it.
Cheers
No, today is the BIG day... those were Kessman's words during the last CC.
Good luck to all of us!
Cheers
VION +13%
VSGN + 13%
Gm all, VION Pharmaceuticals To Present Preliminary Data on its Pivotal Phase II Trial of Cloretazine(R) (VNP40101M) at the American Society of Hematology Meeting
NEW HAVEN, Conn., Dec. 6 /PRNewswire-FirstCall/ -- Vion Pharmaceuticals, Inc. (Nasdaq: VION - News) today announced that preliminary data from its pivotal Phase II trial of Cloretazine® (VNP40101M) in elderly patients with de novo acute myelogenous leukemia (AML) would be presented in a poster at the 2007 American Society of Hematology Annual Meeting in Atlanta, Georgia on Saturday, December 8, 2007.
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The poster presentation (#71-1) will be at the Georgia World Conference Center, Hall B4, from 9:00 a.m. to 7:30 p.m. Poster authors will be available from 5:30 p.m. to 7:30 p.m. at the poster. A copy of the poster will be available on Vion Pharmaceuticals' website, www.vionpharm.com, on Saturday, December 8, 2007 at 9:00 a.m. Eastern Time.
A press release related to the poster will be issued on Monday, December 10, 2007 at 7:30 a.m. Eastern Time. The Company also announced that it would hold a conference call to discuss the poster on Monday, December 10, 2007. The call will begin at 9:00 a.m. Eastern Time.
I am in VSGN also, GL
The media has a double role:
1. is objective information
2. is an opinion which by its nature is subjective
They must clearly differentiate when they are delivering information and when they are giving an opinion. The trap most fall into is that they colour the information with their opinion without telling you that they are doing so.
If they are delivering information coloured by their advertisers, they should be honost enough to tell so.
GM all, Wall St seen opening weaker after four-day rally
FRANKFURT (Reuters) - Futures pointed to a weaker opening on Monday, with investors expected to lock in profits after a four-day rally and with little on the corporate agenda.
At 5:34 a.m. EDT, the Dow Jones future was down 0.3 percent, the S&P future was down 0.2 percent, and the Nasdaq future was down 0.1 percent.
"Last week's rise was too fast," said Lutz Roehmeyer, fund manager at LBB Invest, adding that he expected a weaker start to December and calmer trading towards the end of the month.
Speculation of a possible interest rate cut in the United States and optimism over a proposed rescue for struggling homeowners fuelled gains on Wall Street last week.
The U.S. Treasury Department and mortgage industry leaders are putting the final touches to a plan that could save struggling homeowners from foreclosure by freezing interest rates before they reset sharply higher.
Treasury Secretary Henry Paulson is expected to announce details of the plan as soon as Wednesday, sources familiar with the matter have told Reuters.
The news lifted financial stocks, in particular, on Friday and the Dow Jones industrial average gained 0.45 percent, the Standard & Poor's 500 Index was up 0.78 percent and the Nasdaq Composite Index was down 0.27 percent.
For the week, the Dow climbed 3 percent, the S&P 500 gained 2.8 percent and the Nasdaq gained 2.5 percent.
But even with the weekly advance, both the Dow and the S&P 500, marked their worst monthly drop in five years.
Roehmeyer said he did not expect further reaction to the rescue plan as Wall Street seemed to have digested the news on Friday.
"Also, I don't really think it is positive that the government decides to step in and freeze interest rates," Roehmeyer said, adding that he thought the reaction of U.S. banks to the news had been exaggerated.
The main feature on Monday's economic agenda is the November reading of the ISM manufacturing index at 1500 GMT.
Also, U.S. Treasury Secretary Paulson is due to speak before the Office of Thrift Supervision's National Housing Forum at 1530 GMT.
The day's corporate agenda includes an earnings update from U.S. apparel manufacturer Phillips-Van Heusen (PVH.N: Quote, Profile , Research).
Investors are also gearing up for key economic data later in the week, which includes non-farm payrolls figures for November on Friday and the preliminary December reading of the Reuters/University of Michigan consumer sentiment survey.
LOL brilliant!
"How will we ever be able to counter this trend?"
By making voting mandatory for everyone. After all everyone must pay taxes why not the same obligation for voting?
Because only then will the political caste be a true representation of the People at which point it will fulfull its true function which is creating a framework that protects the People rather than exploits them.
It is a terrible system but all other systems are worse.
FDR was elected in a time when a lot more people voted then today. In that sense he was a true representative of the People and he therefore catered to the need for a stable society. Today's government is ruled by the industrial military complex who's only goal is to make as much money as possible regardless of the cost of society.
I can also refer to Joel Bakan's book 'The Corporation - The Pathological Pursuit of Profit and Power'
It describes a mechanism how large corporations have subverted the traditional political power balance that has existed since WW II until the early '90's.
Until then the corporations had no political power and the political classes (except for the liberal parties) were keen on properly framing corporate behaviour.
Through various means (IMF, banks, lobbyists, pressure groups, and to some extent even the unions,...) the corporations have acquired political power and hence are able to shape the framework that should be governing them.
In that perspective the abolishing/not introducing mandatory voting has ensured that the political caste is no longer representing the People in all its aspects.
As expected the lower social strata are the ones to first drop out of the system thereby yielding their power for other players to pick up. The corporations have not hesitated a single moment to do that.
Suddenly instead of undergoing a regulatory framework, they have suddenly become active players and you can't expect them to shape the framework in a way detremental to their own interest.
Instead of a government that protects pricing mechanisms in the interest of a stable society, we now see a governmental framework that encourages predatory corporate behaviour.
But there are already some economists that are highlighting this problem but with the corporations also owning most of the communication channels, one has to make an effort to make such counterbalancing views.
So to answer your question, I think it is not a conscious conspiracy, but a conjuction of circumstances that have mostly to do with the decoupling of ownership and responsibility. There has been a time where every shareholder was liable for the behaviour of the corporation. Severing that relationship has on the one hand given us the incredible global economic growth of the last 150 years, but I guess by now the whole concept is up for a correction.
VION someone is still accumulating imo.
LOL funny.
Now back to trading. GL.
Cheers
LOL no, for myself!
Thanks, I will keep an eye out for those books.
Perhaps a good idea as a gift to put under the Christmas tree.