Born again, born of God in July 2011
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That sounds 'bought right. Williams in the red again and she usually bounces when that happens. Likley tomorrow we see mid 50s. Maybe for 2 minutes before they sell it back down. LOL!
We need this dogshit to stabilize. A PR sans dilution would help.
NEXM a lil jiggy to downside in PM after pulling back to .45 support post phase III cancer drug news. Let's see if the raccoon shit can edge higher during the regular session. I own way too damn much of this foul diaper shit!
I am interested in a job as a basher as they seem to have way more fun. I will work for .99 a post. Figure I could make some serious money working just a few days a week with that deal. Rat, your hedge fund hiring?
Well, boys, today she has to hold the 45 support level or she is dead in the water. Let's see if the NEXM mgmt can keep their stinking little fingers off the sell button and let the pps breathe a little today.
Warning to anyone considering VIVK. I have received a large number of tout e-mails on this POS the past few days. FYI.
Thank goodness I did not buy ABK at 1.33 earlier and instead decided I'd wait for it to test the 50 dma. Whew! That was close!
I would trade with ya in a heartbeat. LOL!
Not good. Acct down today. Need NEXM pos to pop. How they hangin' for you?
Not exactly a bullish indicator. LOL! Hey, rat!
These guys must still be diluting or someone is shorting. I am holding for now though as I see a triangle breakout and a return to the resistance of said triangle. She needs to turn up soon from these levels though and get back toward the mid 50s.
Already stopped out CYCC. Only holding NEXM now. Isn't this fun? Sure is a tough ass way to make easy money.
Just hopped back into our favourite dogshit CYCC at 2.36
Anyone for some Transylvanian calamari? I see the great "vampire squid" is getting chopped up and pan fried today. How do we profit from this, rat?
I dumped RPRX yesterday and it ran big today. Really thinking about dumping NEXM but I know if I do they will run it to a buck. Fack it. I'm cooling my trading jets on taht one and just holding it for a bit.
I am thinking about a buy on BNVI down here. Looks like it might be stabilizing for a swing play.
Only they know that. Hopefully the 1.3 million they raised this week will satisfy em long enough to let the pps run a few weeks. Given how it is trading today, I think they are still dumping via BPSC.
LOL! If they believe it should be valued higher than they need to stop selling the fack out of it. Look at the SEC filing from the other day. If they didn't sell that open at 61, it would have gone up to 80 instead of down to the 40s. They are their own worst enemy. They need to lay off the sell trigger and just let her go. They just dumped a ton at an avg of 52 per the filing.
"As previously reported, on April 21, 2010, the Company entered into a Sales Agreement with Brinson Patrick Securities Corporation (the "Sales Manager") to issue and sell through the Sales Manager, as agent, up to $10,000,000 of common stock from time to time pursuant to the Company's effective shelf registration statement on Form S-3 (File No. 333-165960). Through April 28, 2010, the Company had sold an aggregate of approximately 2.7 million shares of common stock under the Sales Agreement at a weighted average sales price of approximately $0.52 per share, resulting in offering proceeds of approximately $1.34 million, net of sales commissions."
So they have sold 1.3 million bucks worth out of up to 10 million. If they plan on selling it all now, this will go nowhere for weeks. If they lay off the sell button for a few days, it will go up as the FDA news was excellent. That's the problem though with a lot of this shit we trade. The management and the shareholders both want to sell to raise cash. We are fighting a supply issue and need more demand...
Rat, I knew it would happen. Like I said, I live for that feeling of selling out just before a big up swing. Makes me feel so damn good all the FJACK INSIDE! :)
How are you? Only holding NEXM today. You playing anything?
These guys must still be selling shares. Can't get any steam going even after the FDA told em they coud skip a phase 2 study and proceed to 3, assuming they expand the parameters. I'm still in but usually when a bio gets this kind of nws you see a multiday run (as in dollars). This shit can barely hold 49 this morning. The company needs to stop selling and let the pps rise above a dollar. Still in though as the weeklies indicate a shot at 60 soon. Shame though. We should be looking at 2-3 bucks on the news, not 60 frickin cents.
Let's see if they are smart enough to release news in PM or during the session next time. I am loaded to the gills with this chit at .502 now. Good luck, traders.
Killed RPRX flat. In OPXA 2.26. Back in NEXM .502 as well.
Look at the weekly candles. Even though they tend to have long upper shadows, when they get a good weekly on volume, the next week, they tend to trade higher than the prior week's real body. Translation. I am back in at .502 and expect to get a shot at .60 next week. They have to try and pump this dogshit up to avoid a RS and given the addition of Howell and the FDA suggestion that they go straight to 3, I believe they will ratchet up the PR machine. Obviosuly the AH PRs don't have much lasting effect so don't be surprised if we see a PR during the session today, tomorrow or Monday. GL!
RPRX ascending triangle on the 5 minute candles. Might go here. Come on, you POS!
Added RPRX .809 on intraday tight bollies and bullish divergence on MACD on one minute candlestick chart.
Back in RPRX .795
In ABK 1.68
Out RPRX 82
Out everything and into RPRX, 76s here on spec and gap.
51x52 in PM. They sold it off quite a bit from 57x58. I think though that what we are seeing is the exodus of those who bought in the 40s and a new base forming around 50. Let it build a base here for eventual cuppage to 70-80, mkay? GL, traders.
don't jinx it. lol!
We'll see if it can move the price tomorrow. Feels a little fluffy/pumpy to me right now though. Fingers crossed.
I hear ya, rat. Here's my trading mentality. Let's take NEXM.
OMG, pulled back to 55 after huge volume breakout, good buy opp befpre next leg up to 90.
Grabbed some here 51 as this is cheap.
50 is firm support. Bought more. Just a shake.
49 -- wtf?
48 -- BULLSHIT!
47 -- it'll come back some day. Maybe I will get to breakeven by June.
I won't make any calls as they could drop it to 40 again but if what I am thinking is going on then the chart won't matter too much. The names Pfizer, Onyx, Bayer and Warner Chilcott come to mind as does the phrase "fast track."
I'll hold for a bit and let this one play out in the hopes that it pulls a CYCC type launch. GL!
I am but I'm afraid the market thinks you and I are morons. 47s printing now.
The plot thickens. Interesting how the FDA gave the news to NEXM 4 days after this.
http://www.reuters.com/article/idCNN2224098720100422?rpc=44
behaving like a true dogshit stock today. Holding though as I see .60s near term. Bought too much already though and will not add more here in case I am wrong, as I often am. LOL! GLTY!
Picked up some BCON mid-high 44s here to go with my eggs. Like the bollies and think it will move 10-15% soon.
I own this one and am strictly a chart player, which is why I bought, but didn't Pfizer, or one of the other big pharmas, have a drug that failed in this arena (liver/kydney cancer) recently? Is that why the FDA told NEXM they could just pass by the second phase and go straight to the third, assuming they expand the parameters as per the suggestion? I know the NEXM drug was designated as having orphan status but maybe they will fast track it next. Given the pump runs on CYCC, GNVC, KERX and SNSS, ya gotta figure that a 50 cent dogshit stock like NEXM, what with the FDA suggestion to go to phase three, is a bit undervalued when compared to the aforementioned turds.
Weekly candlestick chart, along with the line chart, tells me she is going to the high 60s near term, but fundmentally, if they have a shot at doing something Pfizer failed at, I expect we will see it higher than 60-70 cents a share at some point in 2010. Likley we'll see speculation on the usual subjects of partnerships and buyouts blah blah blah. Place your bets.
Good morning, rat. The steak was great and I went to bed starving like a weak little girl. Woke up bloated and disgusted with my midsection. Oh well. More pain to get back to that chiseled look, I spose! LOL!
Rat, why don't we start a hedge fund?
Buzz just wore off and I'm starving. Time for big glass number 2. How was the chophouse?