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'then i'm back in, in a big way...'
why, scoob, would you trust your money with this bunch at any price??
tibbcat
hillary and cygx...
i see that hillary's plan is to completely take over all biotech R&D. that's right, if elected she would not only require (yes, REQUIRE) all americans to sign up for government health care, but also completely governmentalize all pharma research, making r&d companies like cygx unnecessary.
wheeeee!!!
tibbcat
cygx: heavy volume!
almost 400k shares traded in 9 mins.
down 3 cents to .06/sh.
guess its just thoses 'market maker games.'
the train is leaving the station, in reverse.
tibbcat
the chart has coiled and looks ready to break-out to the up-side big time.
tibbcat
the worms ARE the spice!!
wawh, i told you to get out of this cygx thing a long time ago.
these are phd's, not businessmen.
hope all else is well with you!
tibbcat
cygx chart.
if you squint, one could imagine a 'pole' put in during the end of january drop to .06 and rally to .13...
then, a long flag drawn out during the month of feb.
it is, theoretically a bullish pattern. and since somebody did buy a 50k share chunk ($3500) of cygx yesterday right before the close, maybe, just maybe something positive is happening.
good luck to whomever risked the $3500...
tibbcat
OT: global cooling
this global cooling thing is shedding light on what may be the real cause of global temperature fluctuation. sun spot activity.
during the 90's sun spot activity was at an all time high. global temps went up.
for the last 2 years sunspot activity has been at an all time low. temps are well below normal now. record snowfall and snow and glacier depth increasing.
it may be that simple and would help explain the huge temperature swings the globe experienced long before man was here.
tibbcat
although we dropped yesterday, we did not go below the low of modays up bar. if we can stay above mondays low again today and tomorrow the bears will fear strength and the bulls will run.
tibbcat
skoob- i always seem to do well on my macro economic plays and not so well on my individual stock picking.
so i stopped picking stocks.
tibbcat
many of you have suggested that rvgd is going to have the mother of all short squeezes. if its going to happen its going to hapen now. the volume has become extraordinary, the dilution has stopped and good news has been released and more is on the horizon.
the chart over the past 6 days put in a 'falling threee methods' pattern. this is a bearish patern, but yesterday blew that pattern apart to the suprise of many a bear and short seller of rvgd. its that unexpected thrust to the up side that may set off the much balleyhooed MOSS.
wee shall see.
in any case, this thing is worth .04 easy right now.
tibbcat
ok, we got our 'pole' yesterday.
volume was so high that i expect another run today before a pullback or 'rest' sometime today or tomorrow.
tibbcat
wow, heavy volume on the buy side.
chart looks great. may put in a nice 'pole' today.
tibbcat
OT: gold
the way i read the chart, gold is about to run much higher.
tibbcat
excellent point, bigworld.
tibbcat
OT: holycow, bigworld, etal...
the confusing part of the economic conditions now is the change in the 'business cycle' economy. it used to be that when business was booming and inflation crept in the fed would raise rates to fend off inflation. when the business cycle slowed the fed would cut rates.
i propose that we are no longer in a business cycle but rather a 'credit-cycle.' this is a much tougher nut to understand. fed rates cuts dont help as much and i think will need to be much larger on a percentage basis to re-fire the credit markets.
bottom line, we're gonna inflate like a honky-mo-fo and metals, grains, oil are all gonna keep in bull market form. that and the us dollar weakens.
tibbcat
nice little 'doji' at the base of the trough yesterday.
chart suggests RVGD is about to move higher.
tibbcat
OT: bigworld
all those gold coins i buried in the backyard last month are sprouting buds today.
how is your gold position doing?
i am flat all other markets. not playing the oil funds now as the crack spread will hurt the refineries in the short term.
tibbcat
it's coiling...
exactly...
don't be suprised to see quite an intraday spike when they cover.
will probably try to do it mid morning.
tibbcat
davidsson... i am pondering the same question this morning.
i am convinced that RVGD will rally through monday morning of next week. this is based on the number of short shares out there and the growing interest and growing revenue potential of RVGD.
i would not be suprised at all to see an intraday spike into the .70 - .90 range. sound crazy? sure, and it would not last long, but with the kind of short interest out there, entirely possible.
regardless, RVGD is worth somewhere between .15 and .50 now.
tibbcat
i see cygx has dropped almost 50% of its value (again) over the past 10 days.
for all you longs i really hope you get a big rally.
i know how it feels to lose $$$$ to malcoms incompetence.
fool me twice!
i had to laugh upon reading this.
thanks gdepc!
tibbcat
they are going to have to cut again.
i think the dow has at least 1000pt drop in it from here before this has a chance of being over.
my gold play has been underwater the past week. it may get above water over the coming days, weeks, months.
tibbcat
the fed cuts 3/4 point.
gold is soaring.
the dollar is tanking.
the market may rebound here, but the bottom is not in for stocks yet. but getting close. dollar cost average over a several month period if you are to buy stocks.
mortgage applications are rising and will now rise sharply so the bottom may be near in housing market.
my take.
OT: bigworld...
here's what i did yesterday.
i put $200,000 into the fidelity select gold fund.
then, i got in the car, drove to my favourite paun/coin/jewelry re-seller and 'ordered' $100,000 in gold coins.
then, i bot (with us dollars) $200,000 in euros.
these are now my only investments in any market. no stocks.
tibbcat
dont get stuck with us dollars.
that's what every one is saying and doing. buying gold, oil, stocks, property, euros, yen... all will increase in value against the weakening dollar over the long term
the public is just now entering the gold market. it will, i think, rise to $1500+ over the coming months and years.
i hate to jump into a rising market, but i'm buying gold funds today. one that owns both stocks and actual gold bullion itself.
here's hoping all you cygx'ers get a big rally you can sell into today... or any day!!!
tibbcat
i would agree with pickens.
but intermediate term to me means monthly, and i thing for the next few months its not going higher and may go lower, so i got out.
i will definately be an enerygy fund buyer on a monthly pullback in FSENX and FSESX and XOM.
looks like gold is about to make one of those $100 up moves.
tibbcat
OT: bigworld...
i, too, have sold all my energy holdings as of last thrusday.
yesterday confirmed my idea that oil has hit an intermediate term top. the oil inventory #s showed a huge decline in domestic oil storage, however, the market failed to push the price back over $100 on this 'supposed' bullish news for oil prices. i think its headed back to $70-80 for a while.
you are spot on with your idea the financials may rally here soon. just pick one that is not about to go bankrupt. i may pick up a 'financials' fund here. i'll post when i do. i'm not getting too excited about the financials as i seem alays to be 'early' to the party. they may have more downside.
tibbcat
no.
... and then they need tens of millions more to get into phase one and two trials.
i'm not saying it cant be done...
but with this crew?
tibbcat
really hope you longs get a nice run in the stock price today!
i wish you all luck!
tibbcat
yes, percy, you spotted it right off. i did not. it cost me.
fool me twice...
tibbcat
who shot j.r.....
it was all a dream. just like cygx.
once the dream ended, the show died.
arnold, do you remember who was dreaming the dream...?
in the cygx version of 'dallas' it appears malcom is just now waking up.
this x-shareholder woke up at .40 a share. it cost me $100k+
tibbcat
oh dear...
i go off to aspen for the week and look what happens...
.11
the bottom is no where in sight, just like all those cures alluded to in all those pr's...
"a new bunch of idiots."
since i was among the first bunch, i'm interested to see if a new crop can be found.
percy, i think you'll want to wait for that .03/sh price before you start building a position. even then, i think it will be tough to find the new suckers. however, there is one born every minute.
i was watching the share price last couple of weeks. someone or someone's been trying to bottom pick cygx. too bad they were a bit early to the bottom. DON'T try to bottom pick this one. let it clearly establish a bottom around .o3 (if that) before playing the slots on cygx.
holycow... the price of a stock usually indicates what the public expects the value of the company to be about 6mo in the future.
tibbcat
holycow...
i am vindicated. i sold at .40 confident that it would only go lower. it is now at .13....
fool me twice, shame on me.
tibbcat
cygx stock in the 'throws of death' today.
i suspect cygx shareholders will see sub penny valuations as the picture becomes more clear over the coming weeks.
but don't worry about malcom and company. they will own the building (shareholders will own nothing after the appropriate filing) and sell it along with what little hard assets are left and probably walk away with a few million to split up between 'them.'
bigworld... the sad thing is the average person believes that line of crap from our government. senator kenedy will get up and rant on about republicans 'slashing helthcare' when what is really happening is the increase in the program is lower, or someone is trying to slow the growth of the program or entitlement. makes me sick and so few understand. gave up trying to explain it to my family a long time ago. at least dad gets it.
merry christmas
tibbcat
i have to laugh!!!
so, watching the news this morning..."holiday shopping is down this year as shoppers pull back on spending" is the headline. the reporters tone is gloomy and other facts like the housing meltdown, high energy prices and credit crunch are to blame.
the story goes on to say that "holiday spending is up 4% from last year, but that is not as much of an increase as last years 4.8% increase from the year before."
so... a smaller increase in spending is touted by the CBC network as lower spending than last year. give me a break!
these people have no idea what a recession is!