Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
when you short, you borrow shares from your brokerage and then sell them. there are no more shares to borrow as most have already been borrowed and shorted.
Blast reduction of 98% and 100%, this should be higher priced.
Well, so much for hitting a new high this week.
Changed my standing order, will buy a bunch more at $5.30, but not higher.
Checked again yesterday, T.D. Ameritrade still not allowing shorts on MRKR.
Been buying all through 2019. As I said last week, this stock was STILL undervalued. UP 50%+ since yesterday.
Peron, This stock is STILL CRAZY CHEAP at this price.
I've said I that I don't care how successful MRKR gets, I don't want ANY buy out by big Pharma.
If we need money in the future for trials, raise it ourselves (and yes, dilute) and keep all the future profit OURSELVES.
Once we have a FDA approval, the only benefit we can possibly get from big Pharma, (maybe for a tiny percentage) is access to their established worldwide marketing and distribution channel network.
5 existing institutions added about 310,000 shares.
10 new institutions bought in about 235,000 shares.
And only 4 institutions decreased/sold out 42,000 shares.
I'll take institutions adding 1/2 million shares per quarter.
More longer term holders have to be good for the stock.
This was after reconstitution 2018.
The largest company in the index with banding applied is Entegris, with a total market cap of $5.0 billion, which is about 12% larger in size than last year’s largest company in the index.
The smallest company in the index is FuelCell Energy with a total market cap of $159.2 million.
There are a total of 212 companies joining the Russell 2000 Index. Thirty-five are migrating from the Russell 1000 Index / Russell Midcap® Index, and 95 companies shifting up from the Russell Microcap® Index — over one third of which are represented by the Health Care sector.
Wouldn't inclusion mean that dozens to maybe 100 mutual funds and ETF's would be forced to buy AT LEAST A LITTLE BIT of MRKR to reflect the new index?
I think so.
That would be another "news/PR" piece that will add wind to our sails to continue to prod us along upward in price.
3 WEEKS in a row now, stairstep up, higher highs and higher lows.
3 weeks ago, on 4-23, we had that week's low of $5.01.
2 weeks ago, on 4-30, we had that week's low of $5.05. (a higher low)
2 weeks ago, on 5-3, we had that week's high of $5.44.
This week, on 5-7, we had this weeks low of $5.27. (a higher low)
This week, on 5-10, we had this weeks high of $6.08. (a higher high)
We just need this slow and steady stairsteps up to continue with higher highs and higher lows.
We're up 20% in the last couple of weeks, so NO, that will not continue at that pace.
BUT, we don't need it to, slow and steady stairsteps up to continue with higher highs and higher lows.
Higher highs by 20 cents a week, fine.
Higher highs by 10 cents a week, still fine.
Being up 20% in 2 weeks, we know at least 2 things.
Some of that 20% up were the shorts who shorted under $6 buying to cover.
And about the time we hit the mid 6's, a new round of new short positions will come in and shove it back down some, which will be a short term blip in the slow and steady stairstep.
More mutual funds buy in: higher highs and higher lows.
Coming news and PR's: higher highs and higher lows.
Short sellers finally giving up: higher highs and higher lows.
FOR A LONG TERM HOLD, UP A GOOD BIT, BUT STILL UNDERVALUED AT THIS PRICE
UP A GOOD BIT, BUT STILL UNDERVALUED AT THIS PRICE
UP A GOOD BIT, BUT STILL UNDERVALUED AT THIS PRICE
STILL UNDERVALUED AT THIS PRICE
STILL UNDERVALUED AT THIS PRICE
CRAZY CHEAP RIGHT NOW
CRAZY CHEAP RIGHT NOW
From 7 days ago,
it should be a slow, steady, slow climb higher and higher until news (yes, even in the absence of news).
Up till now, the shorts have ruled the battlefield because every time they shorted more and more, there was NO substantial buying to reciprocate against it to act as a counterbalance.
To anybody who got scared out and sold recently, buy back in so you're not kicking yourself is the ass come the end of 2019 and beyond, because the more beyond we go, the more you're going to be mad at yourself for selling and not holding.
PHANTOMLORD - if you get some time,
Can you give your opinions on 2 things?
One is the question by another in post 26340 concerning the word used today by Marker - "pivotal".
I kind of thought the same thing when I read it.
Do you think there is an additional hope there?
The other is this question (or statement) that the amount of MRKR shares available to be shorted (being very low) (and I've called the 4 major brokerages to verify a number of times) is potentially good news for the share price as there can't be much more shares shorted?
And the fact that 3 1/2 million of those shorts were below $7 (being shorted after Jan 1st.)
You're the voice of calm and reason so I'd love to hear your reasoning concerning these matters.
THANK YOU
I agree. With very few MRKR shares available to borrow to short, downward price pressure due to shorting should be almost absent from here. And with 3 1/2 million shares out of 4 1/2 million shorted BELOW $7, it should not take much buying pressure to start a short squeeze. I HOPE - I HOPE.
I can see NO OTHER outcome other than that.
Call around to the 4 or 5 major brokerages, there just are no more MRKR shares available to borrow to short.
From here on out, any significant share price move upward should cause ("SOME"), (the lowest priced ones) to cover, which should amplify the upward stock price movement.
Unless after investing since the 1980's and being relatively successful at it, I am just crazy.
Thanks, don't know why it's not on my screen yet.
YEP, so far, and as long as there are no big buyers (either because of good news or even in the absence of it), that will continue as far as the amount of shorts, but it can't really go up much more due to lack of available shares to short at this point.
OUR DAY WILL COME AND WE CAN ALL LAUGH WHEN IT HAPPENS.
If I got to wait till the 3rd quarter or the end of 2019 to laugh and cash, that's OK.
Continue to Generate Positive Clinical Data Across Various Indications.
Continue to Generate Positive Clinical Data Across Various Indications.
Burning 5 million per quarter, 20 million per year.
With 58 million cash, even if burn rate goes to 25 million per year, looks good for rest of 2019, all of 2020, ++?.
Sounds like a lot of news coming out by end of Sept. 2019, with even more by end of Dec 2019.
Sounds good to me.
We will know new shorts data within a hour.
The reason I (we) think it would be good for the shorts to have gone up is 3 reasons.
#1 The more shorts there are out, the less than can be shorted as brokerages are running out of MRKR shares to borrow to short.
#2 The more shares are shorted, the bigger the short squeeze will be when it happens.
#3 I'd rather have shares full shorted at $5.60 the $5.05, again will help the short squeeze.
It's after 4PM, normally posted between 4:30 + 5:30.
That's a great question.
I have NO idea why.
I don't think they should be.
But I don't understand a lot of investors thinking and market caps.
Why is a new IPO company that makes vegi-burgers who will lose money for years before any earnings worth 4 billion market cap?
Seems crazy to me.
Thanks for the articles. When I read articles like this one, it just reinforces my belief as to why MultiTAA is so much better than CAR-T. Ziopharm, with a market cap more than double MRKR's is interesting but they are just starting their phase 1, and I'm not really worried about them taking market share from MRKR.
Thanks again.
????????? But I'm not giving up.
I think we both have the same feeling that something different (good) is starting to happen.
On 4-23 I bought for $5.07, on 4-30 I bought for $5.05.
Like I said in a previous post today, unless we miss earnings on 5-10, I just have the feeling that the buying in the low $5's is history.
Hey, I may be wrong and look foolish, but by looking at what's been happening intraday and towards the end of the day recently, I get the feeling that the slow climb and holding those gains have begun.
Having said that, I still today put in open orders at 5.17, 5.15, and 5.10 just in case.
I mean Beyond Meat BYND, losing money with no profits anytime soon goes public yesterday, valued at almost 4 billion?
Getting 80% of there pea protein from one source and all pea protein running scarce, and almost 4 billion?
Marker can cure cancers and is valued at 300 million?
I guess a vege-burger is worth 13 times more than a cancer cure?
One week from today, on May 10th, MRKR reports earnings.
Estimate is -$0.17.
If it is substantially worse than that, then you may?, possibly?, get one final chance to buy MRKR in the low 5's.
After that it should be a slow, steady, slow climb higher and higher until news (yes, even in the absence of news).
If (whenever that is) we get definitively great FDA trials news (it will come), it will jump up big as shorts will be forced to cover.
Up till now, the shorts have ruled the battlefield because every time they shorted more and more, there was NO substantial buying to reciprocate against it to act as a counterbalance.
Once we get that great FDA news and the price jumps up, YES, YES, the shorts who covered will jump back in and short at the then much higher price, BUT the difference will be, THEN there WILL BE substantial buying to reciprocate against it to act as a counterbalance, and the climb higher and higher will continue.
To anybody who has been worried about the stock price decline over the last few months, stop worrying, it was not due to fundamentals, it was due to shorters.
To anybody who got scared out and sold recently, buy back in so you're not kicking yourself is the ass come the end of 2019 and beyond, because the more beyond we go, the more you're going to be mad at yourself for selling and not holding.
I don't want to ramble, but no brainers don't come along very often.
In 1991, anybody who understood Qualcomm's CDMA technology compared to the then current TDMA or GSM technology KNEW it was a no brainer that CDMA will take over the world.
I think MRKR's MultiTAA technology versus CAR-T is a similar no brainer.
No matter what you compare it to, individual CAR-T, off the shelf CAR-T, CRISPR, RNAI, MDNA, Talon, Zinc fingers, etc., when you compare all of the positives and all of the negatives (price, risk, time, side effects, etc.) concerning all, I think MultiTAA is a no brainer that will capture a substantial share of the market for several cancer indications.
Thanks, I'm just tired of these shorters screwing us. I wish some big money would just start to buy to force a short squeeze which would make the price jump up. If we know that 3 million shares were shorted under $7 and the stock shares are illiquid, I don't think it would take much buying to get the shorts running for the hills and get MRKR's price where it belongs.
OK, now seriously.
IF, TD Ameritrade has none to short.
And Schwab has 100,000.
And Fidelity has 399,000 (as of right now - tomorrow may be less or none).
And E-trade would also have to borrow from another brokerage...
And there are currently 4 million shares short, with at most another about 1/2 million still able to be shorted.
If, IF, IF, all 1/2 million shares were shorted, that would be 4 1/2 million shares shorted …
And WE KNOW that it is A FACT that 3 1/2 million out of those 4 1/2 million shares were shorted at BELOW $7 (that's a FACT because they were all shorted since January 1st - BELOW $7).
The first bit of ANY GOOD NEWS will cause a short squeeze.
I do not see how it can be anything else.
Follow-up. Just called E-Trade. They have MRKR as "hard to borrow" which means they would borrow shares from another broker.
AND Fidelity has it as "Hard to Borrow", but they have 399,000 shares they can borrow to short.
With the 4 giants all having either hard to borrow or not available to borrow, I can't see how shorts would be able to raise substantially from it's current 4 million shares shorted mark.
Well, this is interesting.
Talked to my broker today at T. D. Ameritrade.
An Ameritrade customer is currently NOT able to short MRKR stock.
In order to short a stock, the brokerage (borrows) it from another customers account who holds those shares.
Apparently, there are SO MANY shares shorted, that there are NO MORE available to (borrow) to short.
ALSO, has anybody else noticed what has been CONSISTANTLY happening (a good 80%+) of the time in the last 5 minutes of the trading day?
What does that tell YOU??
P.S. Just for yucks, I just called Charles Schwab, they only have 100,000 shares available to short.
I think all of this should be telling us something.
Everybody has heard - SELL in May and go away.
NOT this year - Why?
2 Trillion Infrastructure (maybe).
Today's FOMC meeting - not raising rates (hopefully).
Japan 40 Billion commitment.
Japan agriculture deal coming.
China trade deal coming.
USMCA passing (unless partisans are idiots).
3.2% for the first quarter (normally the worst quarter).
Buy MRKR in May and break the short sellers sounds better to me.
To answer your question, I was referring to my previous posts where I opined on this mental algorithm that has had our stock price bouncing between $5 + $6 and how I am trying to profit from it's (almost) predictability.
I had mentioned that my next buy order was in at 5.05, and sure enough, it gets filled, and then back up we go.
These are only short term shares that I am trading, I still own and will hold a bunch of long term shares, but for trading I am just playing the game they (whoever they are) are setting up.
Next stop, sell the 5.05 buys near the mid 5's, make 1K+, wait for next drop down, rinse and repeat.
I believe it is a function of the short sellers, which has steadily increased from 1 million shares to 4 million shares since the start of 2019.
MRKR price goes up to the $5.50 to $6 range … and then the shorters jump in and short more, which brings it back down to low $5's.
AND THEN … MRKR price goes up to the $5.50 to $6 range … and then the shorters jump in and short more, which brings it back down to low $5's.
AND THEN … MRKR price goes up to the $5.50 to $6 range … and then the shorters jump in and short more, which brings it back down to low $5's.
OPINIONS PLEASE - I just saw MRKR videos upsetting to me.
WHY is Marker paying a (hype the junk company) like RedChip to do hype videos for them?
Now, everybody here knows I am all for more exposure and even encouraged it on message boards and blogs, but I get an instant bad feeling in my stomach when I see a company paying hype firms and doing hype videos.
90% of the time, companies using hype firms are garbage (that's why they are using hype firms), and it just feels bad to me.
I mean, if you are a reflection of the company you keep (company as in friends, not as in a business company), then why are we hanging out with a hyper like RedChip?
I really LOVE Markers technology and potential, so would someone (or many someones) PLEASE explain to me why I am wrong about this.
example;
Today's low - 5.05