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sellers getting tired?
I hope you are right Dew. But with GTCB sitting at a 52 week low the market is telling me that it is pricing in failure and some sort of toxic financing that isn't shareholder friendly. The market seems to be betting on the scenario I mentioned rather than success and a U.S. partnership. Do you fear this happening? I guess these risks are what makes the potential upside so huge. Your thoughts are most appreciated.
Dew,
Which stock do you currently like the best? GTCB? IDIX? MNTA? or ITMN? TIA
Lets get to the bottom line shall we. Investors are more afraid of the potential downside on bad data than they are afraid of missing out on the upside if the data is good. Until the uncertainty is resolved it remains a good bet to stay away from this stock. There just isn't any reason to own it right now until more is known.
It looks like good news Dew.
I don't know all I know is the price is near a 52-week low and don't know when where or if the bleeding will stop. Hey Dew, do you ever look at those crazy oscillators and moving averages to predict where a stock is going? I pullled up a 5 year graph and the only good thing I see is that at least GTCB is at the bottom of its trading range. So, maybe an oversold bounce in the New Year???
floblu14 is there any hope? The sentiment on this message is opposite of what the share price is doing. While everyone here is singing the praises of GTCB, this goat just continues to roll over and play dead. Why is this stock liked so much when the share price does nothing but trend down?
Did you grab any Dew? Could we see an ONXX like move over the next few months?
Maybe GTCB is going down because a bunch of retail clowns such as myself need to answer margin calls and since GTCB cannot be leveraged the stock provides a good source of funds for those who need to sell to be in good standing with their broker. So, maybe those who are selling really don't want to sell, but just have to. At least that's my situation. Just something to ponder.
I must have sold to you. lol
I sold some shares today. Not because I wanted to, but because I had to.
cromagnum, I believe Dew to be a genious and I enjoy reading his posts. If Dew doesn't care about the stock price or what the stock price does that is his perogative to discuss the price of GTCB and he doesn't owe anybody an explanation for the languishing share price, so you have to respect that. Please don't back Dew into a corner and force him to use his moderating powers to control the flow of content on this forum.
croumagnon, relax ...
you are scarring the hell out of me. Stop posting before I sell all my shares at the market. lol
Maybe the nervous seller you speak of is YOU. Like when a dog chases its own tail...
There is no basis for your fear than the fear of the unknown. Keep your head about you.
I'm sorry Dew, but don't read the second post literally, it was tongue in cheek. But, it sure does seem that way. GTCB gets no respect, no respect at all I tell ya.
That's GTCB for ya. It's hard to imagine this stock moving up for any reason. I don't even care anymore. I just accept the fact that the stock price will probably move lower. I am starting to think that everyone who wants to be in this stock already is, so who is there left to buy if everyone already has their fill??? Oh well ...
Does it really matter what the price of GTCB is today, if you think it is going to be much higher in the future?
The wisest investment advice I have ever heard is that in the market money flows from the impatient to the patient. The market has a way of rewarding those who stay patient through the stormy weather. Life has its seasons and so do stocks. I am just waiting for the showers to bring the flowers. Bloom GTCB Bloom.
So I guess we can forget about GTCB trading at a higher price on potential. Only when investors can see the profitability and are able to discount the cash flows back to present value, will GTCB will move higher.
good points cro. Why invest in GTCB at all for that kind of risk-to-reward? Sometimes I wonder whether people are here to make money or just to be intellectually stimulated. In the words of Jerry Maguire, SHOW ME THE MONEY!!!
???The market may not not be efficient but it does hold grudges.???
When do you think the market will forgive GTCB?
Tax loss selling could pressure this stock lower, until the New Year begins.
New 52 week low. Technical breakdown. Look for lower prices in the days and weeks ahead.
US Will Continue 'Strong Dollar' Policy
US Treasury Secretary Henry Paulson Says US Will Continue 'Strong Dollar' Policy
http://biz.yahoo.com/ap/071116/africa_us_business.html
Pfizer to Acquire Coley Pharmaceutical Group
Acquisition Will Expand Pfizer's Investment in Vaccines, Broaden Scope of Research in a Number of Key Therapeutic Areas
http://biz.yahoo.com/bw/071116/20071116005284.html?.v=1
Dew, how come no Read Me First for MNTA? I thought you said that was your 2nd largest position.
dew, is PMTI one you follow and is the price getting low enough to buy yet in your opinion?
>>Tough day for the broad market, but GTC seems to have its ducks in a row.<<
The market begs to differ with you Dew. I hate to see how the price of GTCB behaves if they don't have their ducks in a row. Hopefully better times our in GTCB's future.
I totally agree go seek about IDIX being undervalued. Purchasing IDIX here is certainly not reckless IMO. I was just refering to large market orders that spike the price.
>other than it was a huge buy order @ the market<
Can anyone get more reckless than that. Glad that Kat isn't trading with my money. In football we would call today's trading FALSE START. In basketball we would refer to it as a HEAD FAKE. In baseball it would be a Manny Rameirez single.
IDIX is like me after an orgasm. Quick spike and then crash. I have a feeling we are just recovering for round 2 to begin here shortly. JMHO
CORRECTION: "If this blast off to the upside happened with the Nasdaq up 63 points I would read too much into it."
I WOULDN'T read too much into it.
Somethings happening here! What it is, ain't exactly clear! Stop, hey what's that sound everybody look what's going down. Or in IDIX's case UP.
If this blast off to the upside happened with the Nasdaq up 63 points I would read too much into it. But, this is my ONLY stock that is up today with the Nasdaq down 63 points. WE LIVE IN INTERESTING TIMES! LET THE FUN BEGIN! PARTY ON PARTY PEOPLE LET ME HEAR SOME NOISE! JUMP JUMP FOR JOY!
Does anybody know if there are any biotech companies that are working on ways to genetically enhance a human being with fish gills so that we can adapt to life under water?
What goes up, must come down = Gravity.
I saw that too (go seek. That large bid is still there today. However, when I go to Level II I don't see it ???
"do you know why there are more buyers than sellers today?"
Because demand for GTCB shares are greater than available supply.
GTCB is going up today because there are more buyers than sellers.
"p.s. I think the SeekingAlpha topic has now garnered all of the attention it deserves."
It would be better if Jim Cramer got behind GTCB instead. Just look at what NSTK has done since Mr. Cramer first got behind it.
The thing that impressed me most about the seeking alpha mention was that the author found GTCB compelling enough to even mention it. At least someone likes GTCB and its potential.
Pfizer sets biotech initiative, taps R&D chief
http://www.marketwatch.com/news/story/pfizer-announces-new-biotech-initiative/story.aspx?guid=%7B6A8...