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The point was, that poster was worried about selling his shares at $0.70. He could have easily bought back at a lower pps and gained more shares.
As far as the chart, I think you make money buying at these levels, but the pps MAY dip again in the short run. These type of stocks can also be a gold mine at these prices too! Good luck!
You could have bought back in at a lower price to gain shares late yesterday or early today? So it could have been a better move to sell than hold the past few days. This could also potentially sink lower next week too?
I'm not sure. It started collapsing pretty quick after a short run this morning so it could continue that trend pretty easily. I was lucky enough to buy this morning and sell on the surge to make a few bucks before it collapsed. But I was surprised to see it fall this low again.
I typically don't trust stocks like this for more than a day. I've gotten burned a few times just waiting for the big spike which never came or when you lose 5-10% or more on the next opening bell.
That being said, I've also seen stocks soar from their positions (see RJET the past week) and taken a few hundred when I could have doubled up with a little patience. Best of luck!
I do think this has some potential to be a big winner
I think we end up slightly green by EOD ~0.73
Weird EOD trading... Lots of 100 share buys @ 0.23 and 0.24 (so far)... Signal for good news soon?
That has nothing to do with CRDS unless the grounds of the ruling is the basis for CRDS's appeal.
I see from the PR yesterday that although the ruling was a big blow, the company still has value through appeal, other patents, the possibility of sale, and the ruling coming out March 17.
My market value for the stock is 0.60 based on potential, however the recent pps will keep this undervalued for the short term.
There is no bottom... Only Zuuuuuul
FDA approval on an upgraded product and this thing goes red at the EOD? What a POS. It needed a paint up to look like it was still a legit stock.
NeuroMetrix, Inc. (Nasdaq: NURO) announced today that it received a 510(k) clearance (K152954) from the U.S. Food and Drug Administration (FDA) for an upgraded version of Quell, the company’s over-the-counter, 100% drug free chronic pain relief wearable. Under this 510(k), the Quell device can be controlled directly via the Quell Relief smartphone app. This provides an unprecedented level of convenience and comfort when using Quell to treat chronic pain.
I think it's because all the insider buying (company buying back 500,000 is complete). The company wanted to keep the price artificially low for their purchase and now will let it breathe. It will be interesting to see how this stock does because it appears their financials are artificially low based on booking schedules rather than strength of the company. I could see this rise up quickly actually, or the prs oils be some market manipulation.
Yes... That stock has already taken it's beating and is due for a bounce, but I haven't invested in either stock
Well for the common investor... I think this is a sell... Here's why... All information is from direct quotes.... Pretty much a pinkie IMO...
Emerge Energy did not generate available cash to distribute for the three months ended September 30, 2015 due to the challenging oil and natural gas frac sand market and the volatility in wholesale fuel prices during this period.
Emerge Energy today also announced it will release its third quarter results before the financial markets open on Wednesday, November 4, 2015.
Mr. DeShazo will receive a one-time bonus of $200,000.
This is my favorite stock for a bounce on Monday. Thoughts?
I think the results, although ok, didn't paint a good financial model. For example, their glaucoma medicine did not meet a primary objective to remove redness in eyes. This is not a concern to the FDA, but most likely is to consumers who are looking for a quality product. Even with FDA approval, consumers still need to buy the product.
Basically, I think Ocular realized that they need to tweak their medicine to be competitive in the marketplace, and will require patience. The stock price reflects that.
The good news is that 4 analysts have the price as a buy and the other 2 list it as a hold. Personally, I was looking at buying at 9.40 (but thankfully didn't), but now I think the pps could go either way with bearish momentum being the catalyst for a price drop and bounce potential, overselling and long term potential of the company being a catalyst for a bounce. I'm going to watch the price on Monday and I may be tempted to buy if there is a bearish surge.
That was an EXPENSIVE flight based on today's trading. Hard to tell where bottom is going to be... Could see this dropping all day and into next week, but it's hard to tell.
Not good... Decently big buys today, but the pps is stuck in the mud. Probably going to get worse before it gets better
From 2013...
5. Pacific Sunwear
Pacific Sunwear built its reputation offering “California-style” accessories, primarily sunglasses, shoes and swimwear. The company was started in a surf shop in Newport Beach in 1980. Recently, highly regarded corporate balance sheet and earnings research firm GMI Ratings put Pacific Sunwear of California on its list of companies at risk of going bankrupt. That should come as no surprise. Five years ago, the company’s stock traded for $23. Recently, it dropped to $1.50. In its most recent reported quarter, Pacific Sunwear lost $15 million on revenue of $174 million. The retailer’s cash and cash equivalents dropped to $22 million from $50 million at the end of the previous quarter. Pacific Sunwear management said the company would have a non-GAAP net loss in the current quarter as well. Pacific Sunwear also disclosed it had a new line of credit with Wells Fargo (NYSE: WFC). Its comments about the loan in its latest 10-Q were telling: “if we were to experience same-store sales declines similar to those which occurred in fiscal 2010 and 2009, we may be required to access most, if not all, of the New Credit Facility and potentially require other sources of financing to fund our operations, which might not be available.” Why is the company in so much trouble? It is too small and is in a commoditized business. Nearly every major department store chain sells products similar to those Pacific Sunwear offers, and so do many niche retailers. Pacific Sunwear, meanwhile, has only 729 small stores. What will happen to the retailer? It could be bought by a larger company — its market cap is only $108 million — or it may go out of business with its inventory sold to other retailers.
Potential to get back to the target price of 0.50 today!
Were setting up some nice support areas @ 0.37 and 0.35 today... Hopefully that acts as a launch point to a recovery!
Is be surprised if we ended up at 0.37 or lower.... I think it will be a fast 30 minutes too
Here the bulls come!
I could see this going up pretty quick when the bulls start to chase. There's not too many resistance points to the 0.40-0.50 range and could easily pass that with the right momentum
But all of that information was known... The stores INCREASED this period and although the cash is limited, the net assets don't look too bad. I'm not saying that the financials are great, but certainly is not as bad as the stock price would portray.
I read through the financials and although they don't paint a GREAT picture, I don't see anything in there worthy of dropping the stock price ~40-50%. Anyone have any insight?
Bulls are taking control today, just doesn't look like it with the big selling this morning. If you pay attention to the actual trading, you will know we are ok. Should be a hold-buy at these levels IMO.
I think this stock may surprise some people by the EOD... After a quick sell this morning, looks to be recovering.
Is anyone buying this? I haven't yet... Looks like a slow train wreck right now!
This has been steadily going down since Jul13! ANY signs of bottom?
I think tomorrow AM will be another blood bath before a small recovery steadies the price for the day. Looking to see if this gets into the 14s before I start considering this stock again. IMHO, this stock is WAY to risky to hold as a long
This is why I sold earlier today... This stock is goofy today. I wanted a piece of the action, but these types of stocks act goofy and rise/fall when you least expect it. Might add again on another big sudden dip but now I'm just sitting on the sidelines.
Wow! Slow release of pain today. Glad I am only watching, considered this a buy this morning/early afternoon. It should have a nice bounce back after this manipulation.
Crazy that we are back at gray after all that excitement this morning!
I think if you buy here at .5862, within the week, the pps will be at minimum 0.645 which is 10% gain... Could easily see it rise higher in the long run, but Id invest confidently at these prices, even if the pps does drop a bit lower
I think this is roughly bottom right here... If not bottom, I would invest here with confidence that I could turn around a 10% min return pretty easily.
Was looking at buying in today, but found another few stocks I preferred. Definitely on my watch list. Could be a really quick and violent turnaround
Any thoughts?
Got in and out this morning for profit... Looks like it could be back on the rise though? May have sold too soon!
Drop again tomorrow?
I'd expect a drop again tomorrow... 8k didn't paint a rosy picture
Well you definitely should have gotten filled up by the EOD at .0084.
Wouldn't be surprised to see a huge drop tomorrow. Had some strong momentum early but was wasted as the price did not exceed 0.0088. Now it's turn for the bears to drag this lower again. Guessing we'll end up in the 0.007s for a good portion of tomorrow.