Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sounds good!
RNA: This move is all in sympathy with PTCT's European approval for their DMD drug. RNA should get the same.
However, since the market hates uncertainty above all else, the main move ($15 - $20) will come when the FDA & RNA reach an agreement about the regulatory pathway for their own DMD drug.
You're an experienced trader and certainly don't need my two cents, but I might think about selling here. I wouldn't be surprised to see it drop back to the $8 range. The danger of course is missing the big move.
HUSA - I've been holding a huge position for quite some time, I agree with you that sooner or later it's going to go, but it's getting tough just holding and waiting.
With all due respect, just out of curiosity, can you provide a link to any stock that has reopened 600% higher after an approval or acquisition? TIA.
I'm something of an amateur WWII historian, been studying it for almost 50 years.
If you liked Band of Brothers (most excellent, it shows you what Hollywood can do when it skips the nonsense and gets serious) then you should read Rick Atkinson's Liberation Trilogy.
The first volume, An Army at Dawn: The War in North Africa, won the Pulitzer Prize. It was followed by The Day of Battle: The War in Sicily and Italy. Then the final volume published in 2013, The Guns at Last light: The War in Western Europe.
The whole thing is the definitive story of the Allied victory in Europe. It's way long, way detailed, but simply incredible and a must-read for those really interested in this part of our history.
RNA I sold my large position a while back for a small profit, basically I ran out of patience with all the usual biotech drama.
This solid company with a good pipeline is eventually going back into the $20's where it belongs, you should have no problem hitting your target.
For those who make a successful year with a string of singles (10% gains) instead of chasing those mythical homeruns, HUSA is a good play from here.
Have a great time, but watch yourself. After college, my son played in Brazil for awhile. It's an exciting, interesting, and fun place...but also can be dangerous.
Not to mention this, from the Associated Press:
HUSA- As I posted last week, I'm still patiently holding 100K shares @ .49, looking for 10-20% eventually.
OT: Big soccer fan and former coach here. If they play their absolute best, I can see USA getting by Ghana but that's about it. What a group!!!!
Multiple reverse stock splits (investors beware!)
(Journal of Economics and Finance, May 2013, Claire E. Crutchley, Steven Swidler)
Abstract:
This study compares firms that implement multiple reverse stock splits to firms with only one reverse stock split. Reverse stock splits are usually implemented by firms trying to increase their stock price to remain listed on stock exchanges or widen stock ownership especially by institutional investors. Firms that declare multiple reverse splits tend to have lower returns following the reverse split and even less liquidity than one reverse split firms. Sixty five percent of the firms with multiple reverse splits end up being liquidated or delisted. If one reverse split is viewed as desperation, then multiple reverse stock splits are a sign of extreme distress.
HUSA- Still patiently holding 100,000 shares @ .49. Sooner or later...
I'm one of those who have no heart problems but have a family history and I've been taking a low dose aspirin every morning for years.
Perhaps I should reconsider.
HUSA: I like to think of myself as persistent, although my wife says not to flatter myself, I'm just pigheaded.
Anyway, whichever it is, I'm still holding 100,000 shares at $0.49.
One of these days...
OT: Actually,Insignia is made up of all LG parts. Best Buy purchases them from LG, everything inside of an Insignia TV is "last year's" LG internals
Yep, Amazon & NYT best seller, rumors that it's going to be made into a movie.
All retail traders should read Michael Lewis's new book on high-frequency computer trading, Flash Boys: A Wall Street Revolt.
Even if you think you know how the market really works, it is an absolutely stunning eye-opener.
Best of luck, you should do well.
LLEN: LOL. I was one of the idiots who got caught holding a position when the multi-month halt began, and then of course the news and the criminal indictments. I finally dumped my shares yesterday at the close for a sizable loss, but it could have been worse, I actually was figuring in zero.
Yes, you could have made a bundle from the other day, opened around .25!!!!!
I think it's pretty well bottomed-out down here, just looking for about 10%, .60-ish.
HUSA I'm starting to buy this morning @.49.
HUSA I'm starting to buy this morning @.49.
And no matter how knowledgeable or well-intentioned another poster is, blindly following message board suggestions is not research!
The Top Ten Reasons For Losing Money
10. It’s not because of my decisions.
9. They are manipulating my stocks.
8. They are in a conspiracy against me.
7. Earthquakes in China, revolutions in Russia, etc.
6. Those damn Republicans/Democrats/Aliens/etc.
5. It’s all fixed, but I’m forced to participate anyway.
4. I’m not really losing money because I haven’t sold.
3. My stock is not really in a bottomless pit from Hell, it’s just accumulation.
2. A temporary run of bad luck (10 years?)
1. It’s not because of my decisions.
When I have any problems I go to a computer geek whose picture is probably in the dictionary next to the word "geek". But he knows his stuff.
A couple of years ago I was looking for a laptop and his verdict: either build your own or buy a Lenovo Thinkpad (used to be IBM). I bought one of their "T" series, have been very happy. Incredibly reliable, almost indestructible.
Here's the link: http://shop.lenovo.com/us/en/laptops/
It may not be "kind or fair"--business rarely is--but a good, solid company that's currently in a world of hurt (RNA) is usually a ripe target for a buyout.
There's got to be some amound of premium. IMHO SRPT would get a steal at $6 per share, and I don't think RNA shareholders can hope for more than $8. Either number would be great for current short-term traders.
All speculation, of course.
RNA: Now that RNA's partnership with GSK is over and more importantly GSK is out of the decision-making process, I wouldn't be surprised if Sarepta (SRPT) buys them out for a decent premium, especially considering the current ridiculously low valuation.
I wish that I could help, but I sold all my RNA during that small price and volume surge in mid-March. I made something, but far from what I'd hoped.
They've got an excellent pipeline, they're a quality company with good management, I'm convinced that someday the stock will be back to the $20's, but I just lost patience.
Best of luck.
HUSA Still holding 50K shares @.59 from a couple weeks ago because I got greedy and didn't sell at .70! Hoping for another move up, best of luck.
And I think that the name change won't hurt. As silly as it sounds--it's the same company--the change might even provide a bit of a PPS boost.
STSI- Averaged down the past few days, now at .79, much bigger position than I originally intended but I hate giving up and selling things for a loss. Watching with great interest!
My crystal ball is in the shop.
HUSA- Was up $2K last week and didn't cash in. Same old story: greed kills.
FWIW: I'm currently holding good-sized positions in HUSA & BAA and a small/medium-sized position in STSI.
I'm planning on scaling into HH anywhere around .55 today. If for some reason it gaps up I won't chase.