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Got ya', thanks!
(What!!! Some folks get info before others???? No way!!!! )
r.- I've been watching, thinking about buying today.
One question: IYO, why no move on Novartis ownership news? TIA.
-Gary
Late Friday afternoon it seemed obvious to me that it was a clerical error, and I bought some shares for a quick trade tomorrow.
Instead of issuing their wishy-washy beats-me-what's-going-on PR that only exacerbated the situation, EXAS should have strongly stated they knew it was a mistake.
See #msg-109221708
Given the news and the potential market, I'm surprised it's not up way more, at least over $7, but perhaps some profit-taking.
NVLX Just about to post the same thing. In @0.1750.
(Kei- response to you, moving too fast this morning!)
100% agree.
I respect the DD and patience of those that have been in awhile, and I'm happy for them. However, for me this was just a one-day trade: in yesterday at the close, 2000 shares @ $6.29, out this morning @ $6.89, +$1,200. Moving on!
In OREX but watching very closely today.
The new biotech paradigm has been a run-up to the decision and a sell-off on the decision. A bit concerned about that here, we'll see.
Thanks for your complete answer, very informative. I suspected as much about the Cuban offshore oil fields.
Perhaps the most lucrative investment is in casinos, if Raul agrees.
As I posted last night—and the article’s headline obviously states—it’s less about oil and more about international one-upmanship.
I suspect the Russian efforts—and any future U.S. involvement—are ventures based less on commercial success and more on political alliance-building.
Answering you here: just sick and tired of they this and they that from you-know-who. Bullsh*t conspiracy nonsense.
For those that seem to hate everything about our wonderful country, I believe that emmigration is still legal.
I'd suggest China: active stock market, no they controlling everything, a welcoming attitude towards those expressing dissent, and I hear it's lovely this time of year.
I agree about the Russians lack of skill. Is there enough oil/potential profits to interest U.S. companies?
If U.S-Cuba relations are indeed normalized, will U.S. companies become the go-to option for their offshore oil exploration rather than the Russians?
AP sources: US, Cuba seek to normalize relations
http://bigstory.ap.org/article/7f7f6bba9d934897a07b09039fd25e38/ap-source-cuba-releases-us-prisoner-alan-gross
I agree, they have some problematic numbers to deal with, not to mention the world oil situation.
However, at some point, even the most troubled companies reach an attractive valuation. We're at that point.
Strongly disagree. The "tankage" happened, then happened again, then again...keep repeating. This used to be a $40 stock.
Even perma-bulls admit that at some point bottoms are reached.
It won't be a steady climb up 5 or 10% every day--nothing does that--there'll be some profit-taking. But long-term, this price is a fantastic deal.
Best of luck.
If one is a medium to long-term investor, this is a great buying opportunity.
Getting a late start, I was just going to post the same thing.
No matter what Pozen execs said at the time, Sanofi knew that things were not going to work out.
100% of the time, retail investors are the last to know.
Making lots of money is never boring. I was illustrating just one of my many lifetime flaws: extreme and idiotic impatience.
OT: For a while I lived in Minnesota where owning 3M is a given. In the 70's & 80's, 3 or 4 splits-ago, I had an insane amount. I did well with it, of course, and then in my infinite wisdom decided to sell because it was boring and wasn't really going anywhere.
Wasn't really getting my money's worth from the paid subscription. Also, semi-retired, not really trading much anymore.
As you well know, 99% of iHub posts are pumps or bashes or personal crap. The only times I wish I could reply to private boards is when someone posts something that is factually incorrect.
Hope things are going well.
Actually, it's not unusual. ProShares did reverse splits on 26 of its ETFs in the past year. Direxion has done eight. Vanguard reverse split one of its most popular funds, the Vanguard S&P 500 ETF.
JNUG- Can't post on other private board, so replying here:
Reverse splits for scam bio's who are just trying to stay alive so execs can milk it a while longer are obviously danger signals.
For JNUG, the RS can only help, especially with institutional investors.
Shorter, good read from Deutsche Bank saying the same thing:
3 Reasons To Stop Betting That Oil Will Continue To Plunge
https://secure.marketwatch.com/story/3-reasons-to-stop-betting-that-oil-will-continue-to-plunge-2014-12-15
I'm in, not bashing, think it's going to at least double from here...but...
Yesterday's Form 4's were pro-rated option awards to the two new board members.
http://www.secform4.com/insider-trading/1343719.htm
While those who went short on oil this summer certainly made a great bet, it seems to me the risk/reward has completely changed on that side of the trade. Got to believe they're covering/will cover soon.
As I said last week, I held PBR for many years in my long-term portfolio, and HES is the replacement.
Wound up with a good-sized position sub-$70, I think I'll be just fine down the road.
Glassy- Just saw your WTSL post on a private board.
Sold it all end of day, took the loss. Just wouldn't have been able to sleep tonight!
MDGN - Closed at $4.78, up 8%. Perhaps all those insiders who bought through the offering at $4.10 knew what they were doing after all.
I'm also in WTSL this morning. Even without a white knight, this is an over-reaction.
Large Chinese institutional investors--who are increasingly moving their money out of China--might do worse than buying on-sale U.S. exploration and production companies.
OT: From a Chris Rock tweet, so true:
Chris Rock ?@ozchrisrock 12h12 hours ago
If in 4 years a Republican had gotten Bin Laden, brought gas to near $2, & unemployment under 8%, he'd already be on Mt. Rushmore & the dime.
When it happened I couldn't stop thinking about those poor folks just sitting in that bar having a good time, and then...
Oh my gosh, no I didn't know that. I imagine that you've been there?