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I got buy order in for Monday at $1.57, looks cheap here versus potential.
I got buy order in for Monday at $1.27, looks cheap here versus potential.
Like a bird tweeting, cheap, cheap, cheap.
and then it flies, up, up, up.
Didn't I just say that.
Yep, I've got stop market orders on 40% of my holdings (up 245%).
But I don't use a dollar figure like $2.00 or $2.50, I use trailing %'s which automatically adjust according to all new intraday highs, and then I stagger them down, like 15% of holdings at trailing X %, the next 15% of holdings at trailing Y %, and the next 10% of holdings at trailing Z %.
Even if all 3 orders get executed, what's the worst, I got back more than my original investment and I still own 60% of the remaining holdings for free.
As soon as China comes through with permission, this will climb much higher.
I've had more than a handful of small biotech companies get bought out over the last several years.
I always don't like it because I know both I and the company would have made more money as a stand alone as opposed to being just a tiny part of a Mega-pharm.
Got a group of guys saying "we should buy this because it's going to get bought out itself at a higher price".
Got a group of guys saying "we should buy this for own fund so it will be on our semi-annual/annual report so everyone will think we're smart because it went up so much".
Got another groups of guys saying "we should buy because based on the pipeline blah blah it's way undervalued".
Got another group of guys saying "we should buy because it's a momentum play and we don't really care about the company, the merger, or the pipeline".
Got that group that always comes late to the party but jumps on in anyway, buys too high and most times winds up losing money.
Got me saying "I don't care why anybody is buying, JUST KEEP BUYING".
No, Really, just look at this pocket watch, watch it go back and forth, back and forth, JUST KEEP BUYING, back and forth, JUST KEEP BUYING, back and forth, JUST KEEP BUYING.
Got a group of guys over there saying "we should buy this for own fund so it will be on our semi-annual/annual report so everyone will think we're smart because it went up so much".
Got another groups of guys saying "we should buy because based on the merger blah blah and the pipeline blah blah it's way undervalued".
Got another group of guys saying "we should buy because it's a momentum play and we don't really care about the company, the merger, or the pipeline".
Got that group that always comes late to the party but jumps on in anyway, buys too high and most times winds up losing money.
Got me saying "I don't care why anybody is buying, JUST KEEP BUYING".
No, Really, just look at this pocket watch, watch it go back and forth, back and forth, JUST KEEP BUYING, back and forth, JUST KEEP BUYING, back and forth, JUST KEEP BUYING.
Been buying RIGL over the last couple weeks.
Down about 20% but I'm OK with that, TPIV + GALT been kicking @$$
What bigger pharm company is going to buy GALT for their NASH subset?
New management gets a "transaction/buyout" bonus.
They might be talking to their buyer already.
Now's the time to buy ATNM and follow the bigger money in before it really takes off.
Hi Phantom Lord, I'll start by saying I'm a fan of TPIV and hope it does great.
My market cap of 300 - 350 was based on many other comparable that I own.
I have a bit of hesitation on a 600 - 800 value for Marker for a few reasons.
#1, after many years of doing microbiotech, a company pushing a billion market cap is farther along than this merger.
#2, If Marker was really worth 600 million, then they were kind of negligent accepting a merger of equals with a TPIV with a market cap of 60 million? 1/10th at that time.
#3, Big pharma is always looking, if Marker was worth 600 million, someone would have stepped on the TPIV deal and bought it for more than a "equal" 60 million.
I don't know, I believe in TPIV, but at this point, I don't see a combined company pushing near a billion market cap.
But, as a holder, I'll be more than happy to root along with you for a near billion market cap.
IF NEXT WEEK IS GOOD for TPIV:
If you are up 100%, 150%, 200%, or MORE, if you stagger your stops, like:
20% of holdings at a trailing stop of 20% down (from all new highs), and then the next 20% of holdings at a trailing stop of 27% down (from all new highs), and then the next 20% of holdings at a trailing stop of 35% down (from all new highs). (Or whatever stop sequence works for you).
Even if you do get (some) orders executed, you won't be stopped out of all your shares.
You will at least get your original investment back (or more), and you will STILL own 40% to 80% of your holdings.
AND, in a worst case scenario and it just TANKS right back down, you PROTECT a lot of the profits that we are so happy having.
Believe me, it feels VERY BAD to have a huge profit and then to just watch it all disappear by doing nothing to protect it.
If you are up 150% or more or more, you can't just sit.
I am not his biggest fan (by a long shot), but like Jim Cramer says:
Bulls make money,
Bears make money,
pigs get slaughtered.
Again, this is just my opinion, I'm just trying to help people.
I was on this exact same board in June 2015 in post # 6892 saying the exact same things, those who took the advice then did were happy they did.
Hello thefamilyman, Sorry but when I replied, I thought you had commented on the Tapimmune board (which has been going up crazy this month), so when I said I was on THIS board in June 2015, I was not, I was on the Tapimmune board.
As far as Galt, if I'm up only 75%, I wouldn't put stops in here, when I'm up in the 125% to 150% range, I start to protect some profit.
Thank You
Hello, What you say is for the most part correct. I burned myself years ago by getting stopped out of a good chunk of my Qualcomm, but, in general, if you are up 100%, 150%, 200%, if you stagger your stops, like: 20% of holdings at a trailing stop of 20% down (from all new highs), and then the next 20% of holdings at a trailing stop of 27% down (from all new highs), and then the next 20% of holdings at a trailing stop of 35% down (from all new highs).
Chances are if you do get orders executed, you won't be stopped out of all your shares.
You will at least get your original investment back (or more), and you will STILL own 40% to 80% of your holdings.
AND, in a worst case scenario and it just TANKS right back down, you PROTECT a lot of the profits that we are so happy having.
Believe me, as bad as the Qualcomm scenario is (and was, at least I still held what was left), it feels MUCH WORSE to have a huge profit and then to just watch it all disappear by doing nothing to protect it.
If you are up 150% or more or more, you can't just sit.
I am not his biggest fan (by a long shot), but like Jim Cramer says:
Bulls make money,
Bears make money,
pigs get slaughtered.
Again, this is just my opinion, I'm just trying to help people.
I was on this exact same board in June 2015 in post # 6892 saying the exact same things, those who took the advice then did were happy they did.
three words, BUY NOW HOLD
three words, BUY NOW HOLD
three words, BUY NOW HOLD
Somethings going on, bigger player/players accumulating, from here $11 to $13 very much in reach. Enter staggered stop market orders to protect profit.
What is a FAIR market cap for the combined TPIV and Marker, based on their pipeline and their (as of yet unproven) technology?
I can compare this to many other similar companies, 300 million?, 350 million? What's the current (combined) market cap, 110 million X 2 = 220 million.
That's still 30% to 40% undervalued to it's peers at the same stage.
At 10.50 a share, a price of $14 or $15 might be REASONABLE, and then add in the hype, anticipation, and expectations, this could easily climb to the $20 to $25 range without being (under the heading of) Crazy.
If you're riding this up, hold on because me or you or anyone does not know what the shorter term top will be, BUT, please consider staggered stop market orders to PROTECT most of your profit.
First bought GALT on 6-5-18 for 4.98, kept buying until 6-12-18 last trade for 5.83.
Risk/Reward with a 300 million market cap, long term with their pipeline potential, still WAY undervalued.
Bought TPIV 5-29-15 for 0.24, that June in went up double+, I sold about 50% of my position, got my original investment back, and in effect held the rest for free.
Fast forward, 5-15-18 TPIV announces merger with Marker. Stock does almost nothing, next few days, almost nothing. By the end of May, it had moved a little. Since the merger announcement, I had been buying more and more.
I don't get why on earth did it take two weeks until June to take off?
My opinion, if you bought pre June, and if you are up quite a bit, consider taking your original investment off the table, or at least, enter some staggered stop market orders to protect most of your profit if (if) (IF) it goes back down.