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BPAX rocking AH. Wednesday I bring over the profits to CBRX
24 MILLION SHARES SHORT...I WILL LIKE IT HERE
Just put all available free cash in at $0.90
You guys are funny. BENGINGA has the news, Bloomberg has the news
Ameritrade. Watching on my cellphone. BOught more
BLOOMBERG NEWS...Bio-T-Gel approved by REGULATORS
APPROVED.......
Some fool will also write something to detract from the significance of the approval. The short number is simply HUGE...far more than what we had at SOMX taking us straight above $10
In a shorter's mind..if it trades under $0.80, approval is unlikely. But if it crosses $0.80, likely approval. So, do everything to keep it under $0.80. Infantile as that seems, but the trading suggests that. Goodnews for me though. I like getting in cheap and early.
Shake it but don't break it. Loaded up eeven more at $0.725
ShakyShakyyyyy - me like
9000 under $0.73 - APPLAUD ME! Hopefully will get the remaining 11k just in time.
Yep - just keep it like this till we're done with BPAX
Sold 11k premkt to go buy CBRX, but when this tanked, I changed my mind and bought 15k under $0.72
Of Course it's short action. Except that someone with cash is involved. Good news is that the trading has been a one -way traffic, with the fool basically selling and everyone else buying on the bid. I may only need to buy 20k on Tuesday as I decided to cut some BPAX and loaded CBRX from $0.74 down to $0.725. No regret on reducing BPAX...I needed to be risk averse anyway. But can't resist loading up on this BONANZA
Started selling out of BPAX and loading up here. 11k under $0.73 - bought every 1 cent drop from $0.78
If the fool selling would keep 40000 for me. I would get it from him even at $0.80 on Tuesday. Also, would really like to taste the brand he smokes or drinks. Must be from Mars.
I hope not. Would like to be able to roll over some cash from BPAX on Tuesday. CBRX is a 200% target for me.
Yep. Watson's milestone payment for Prochieve is $45.5 million. And with a 44% reduction in the incidence of preterm birth before 33 weeks gestation - and nothing else like that in the market, approval is not a question of if. It is a done deal by Feb 26th or soon after that date.
Ok..Found ways to take advantage of the $0.75s. Aside, this chess-gaming is really rubbish though - just for those that are staying long. Volume is mere 683k. I alone own more than 10% of the entire day's volume. For a company that has about $30 mln in cash, no debt, and announced a major company underwriting an NDA, this is a mere joke. And I really like playing in this kind of arena. Have all the shares I need by the generosity of some person. Aluta Continua!
7900 more under $0.77
Took over 80% profit on BPAX well above $1. But back in and holding for approval Tuesday. However, I like CBRX even more. Again, I like getting in at the right time.
Hopefully it stays this way as I exit BPAX...Tuesday
Pumping...??? Go reread that Seeking Alpha article and see why Watson being involved here is HUGE. Well, again, I always tell people...I LIKE GETTING IN EARLY.
I see. I was grabbing on the Ask...don't like sitting on bids. But I am buying more as we speak.
Managed to grab 18k more. Was afraid, I won't be able after seeing morning PR. I will like it here!
Yes, PR later today or BMO Tuesday
I believe they already have decision. We will also be hearing more about LIBIGEL.
Last Buy 9400 @ $0.858. Signing off now. See you Monday. Happy weekend
Brought holding back to full level...bought a truckload today down here...
Once $1, you know where it'd go. That's why these games down here. But, investors - know the short game too and are loading up. I still believe this is going past $1.20 today
The silliness of some traders is really comical. It does not matter how many times a law firm posts some stuff about an issue..you'd always see someone that believes that is sometime to sell (EVEN THOUGH THE SALES ARE MOSTLY SHORTS). But the comic is worth noting. As soon as I saw the Faruqi PR, I quickly got my bid ready for $0.82. And here I am. Between ,82-.85 have the shares I yearn for. Will add more as I liquidate other faster-performing stocks. There's tons of $$$ to be made here and I AM INNN. And they don't even know what the lawsuit is predicated upon??? Well I know and I have some of their shares...
APPLAUD ME!
Now round number 50000. Never gets better
Yes..some of us that have money lack independent will. We follow others...we look for Seeking Alpha or some other low-life in the media to write or say something before we take advantage of opportunities. What you get is hysteria - where everyone moves either one way or the other. Look at the few that pondered and used their own analysis bw 2005 - 2009. They emerged BIG winners...
Sometimes you see a stock going down for no reason. You evaluate it and convince yourself that it would turn around fast. However, you decide to wait until that turnaround begins. And, usually, you miss the run.
Big mistake was I was bidding big at $0.87...it slipped off. So I jumped in to grab some at $0.884 while retaining the bid at $0.87. I added again at $0.89 just in time. Bid is still sitting at $0.87. ALUTA CONTINUA
Added 8000 more this am. Now holding 43k. Will make it 50 if it approaches $0.90. Now buy all I can eat in BPAX
Bought back a lot more hahaha. Cocked here and loaded!!!
Some well-connected short got tip on Wednesday and covered. That explains the run-up to $0.95 then back down. I thought that was a little strange. So much stuff happenng underground in this business. The clueless ones will give spanked today
Yes, but as always short0term traders would sell. So it would basically keep going higher back to where it came down from over some time. A bigger catalyst would be Bio-T-Gel approval.
NOW, I WISH ADAM SHITSTEIN IS STILL SHORT THE STOCK
Nutsyprof...great job on Libigel. Let's make a little more $$$ here. I thought that freaky run-up to $1.80 was not a mere fluke. So, I lightened up to grab some CBRX, but mostly held BPAX ahead of Lover's day. Although I am up here over 35%, I thought something big will occur. Now, it is. The market now requires just a little thinking AHEAD OF THE PACK ----and BIG MONEY SHORTERS. Above $1 today for sure...maybe close to $1.20
U only need to read this:
"While panel members generally agreed that progesterone vaginal gel 8% is safe, the panel stated that more information is needed to support approval."
AND THIS:
"We will work with the FDA to address the Advisory Committee's comments as the Agency finalizes its review of our NDA. We remain confident in the PREGNANT study results that showed the administration of progesterone vaginal gel 8% is a safe and effective treatment for patients at risk for preterm birth due to short uterine cervical length in the mid-trimester of pregnancy. We hope the agency's final decision will acknowledge the clear unmet medical need in this patient population," said Frank Condella, President and CEO of Columbia Laboratories, Inc.
"As was highlighted today, there are currently no products approved to reduce the risk of preterm birth in women with premature cervical shortening – an established strong predictor of preterm birth risk," said Fred Wilkinson, Watson's Executive Vice President, Global Brands. "The availability of a safe and effective product, with a demonstrated ability to reduce the risk of preterm birth in women with short uterine cervical length in the mid-trimester of pregnancy, would represent a significant advance in the prevention of early preterm birth and its associated complications."
****FREE $$$$. NO JOKE. KIND IMAGIN WHAT TIME CONSIDERATION INVESTORS USE THESE DAYS. DOES ANYONE REALLY THINK THIS WOULD NOT BE APPROVED. CHANCES OF APPROVAL vs NONAPPROVAL IMHO IS 70/30