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Kind of what I was thinking, this dip might not be just a dip, but more of a long-term readjustment of the PPS.
I'm going to wait a few hours and see what develops, I appreciate your input.
PS: As far as track records go, we're probably running comfortably together at the back of the pack.
OK,I'll be listening. I'd greatly appreciate any comments afterwards, thanks.
I'm going to interpret stay tuned as meaning, in your expert opinion, not to buy this morning because it could get worse.
DA & Dew: Very interested in CLF. Any thoughts on this morning's PPS in reaction to the news?
TIA.
You're probably right, just trying to guess the bottom for my entry.
POZN- If it breaks $8.90 it's going to $8.75 (maybe even $8.50), IMHO of course.
Not in yet, very interested and watching closely, my worry: why is it dropping?
OT: Live coverage of the European Space Agency (ESA) Rosetta landing mission of probe on a comet.
http://www.nasa.gov/multimedia/nasatv/index.html#.VGOBQGfltIZ
(Also, the bottom right tab is for several commercial HD cameras aboard the international space station which are always aimed at the earth. Amazing views.)
Here's my message from two weeks ago #msg-107573226 . I got LOL and no way PM's.
Best wishes to the longs on board, this is always a tough situation.
His thesis is valid, but just one way to view the situation: it's not going any lower in the near term, it may move higher heading into the first interim analysis of the ZoptEC Phase III trial.
However, there is another valid way to view the situation:
1. That analysis is not until mid-2015!
2. It might be good, might not. Risky.
3. Can a person sell now, take the loss, and make the $$$ back plus some before mid-2015? Maybe, maybe not.
As always, it's up to the individual's situation, cash flow, investment horizon, etc.
I sold, took the loss, moving on. Best of luck to all here.
All righty then.
But just so I don't misunderstand, you're advocating as a logical hypothesis that the reason the FDA has problems with AMRN is because Vascepa would prolong lives and the government is practicing population control on the sly?
K.- A good idea, with two caveats.
First, and really just a minor point, let's agree to ignore (if not delete) absurd posts by trolls, and agree to only consider reasonable posts by people who actually own the stock.
Second, and much more important, merely guessing a number without providing a detailed rationale is silly. More than that, it's essentially useless. Every small bio board on iHub engages in that fantasy game every single day. What's the point?
Let's try to use this exercise as an opportunity for real DD, to help people logically decide what to do.
Since you provided your numbers first, I respectfully ask that you share your thought process and calculations about how you arrived at those numbers.
-ob
OK, will do.
Take some time and really DD EXXI. Legitimate, solid company, analyst targets all around $20. Not a day, week, or even month trade, but when oil stocks start moving (and they will, soon) this will pay off.
Yep, was there 20 years ago, not easy. But everything has worked out great. Hang in there!
How are things going?
In a good-sized position @.65. Best of luck.
Matt- Re our agreement this morning that buying biotech after the news is better: in a good-sized position of AEZS @.65.
OT: I know Limaland well. I live in an upscale suburb of Columbus, next to OSU. Booming economy here, high real estate values, quite different than the areas you mentioned.
To clarify, I meant literally playing the actual binary event: up or down the next day by 50% or more. All dependant on partially-released info, partially understood, part of which might be a lie.
Done with that.
OT:
DC-
I'm very concerned about my EXXI position, trying to decide whether or not to exit today and take a loss or hang on.
1. Shocked by this two-day drop. But it is what it is.
2. Can't see how today's earnings will be good news: your opinion?
3. Expect bad news to further lower the PPS, perhaps drastically:
your opinion?
TIA.
-ob
Earnings release tomorrow after market close.
CC Thursday morning, 10:00 AM eastern time.
I'm holding a sizable position @ .715.
The bad news is out, obviously, got to be a bit of a bounce some time.
He's awesome.
He's starting with a runner's body and great technique. I'm sure you know the old saying, true in many sports, that you can't coach speed. He's a natural.
He comes right out of his swing already moving towards first, very low, exactly like a sprinter coming out of the blocks. Maintains perfect form around the bases, makes most players look like lumbering penguins.
I'm old so I remember watching Mays round the bases as fast (to my eye) as a sprinter would run a straightaway and thinking, "How the heck is he doing that?"
A good friend of mine is from Topeka and was a huge KC fan in the 70's & 80's. He says that Willie Wilson would have been in the locker room eating a hot dog by the time Posey got the ball, but I fear he might be prone to exaggeration.
His premise rests on the counterintuitive strategy of deliberately making a poor move because the alternative is even worse! In this case, Perez driving in Gordon.
I was watching the game, of course, and at one point wasn't really sure that Gordon was going to make it to third. I 100% agree with you, he goes and he's dead at home.
What I've been imagining the past few days is what if a great baserunner—I mean all-time great—like Mays or Henderson or Willie Wilson hit the same ball, immediately dropped the bat and with no stumble took off. That would have been interesting!
Nate Silver is a world-class statistician, including the world of baseball.
You've probably seen this, but he concludes that Gordon should have been sent!
http://fivethirtyeight.com/datalab/send-alex-gordon/
Good game.
I went to bed immediately after and watched no replays. First thing this morning I watched a few replays of the Gordon triple.
As everyone is saying this morning, if Jirschele had sent him around he would have been out by 20 feet and fans/media would have made Jirschele the goat for the entire series.
Somewhat OT: when you say dumping (or Dew's dispersing) are you saying that they placed a market order for that size block?
Perhaps I'm putting too fine an edge on it, but to me market sells are dumping and limit sells are dispersing.
Yeah, they do what they want when they want because they only care about themselves and they better stop or they will be sorry.
But just remind me: who are they?
CLF: Just listened to the call.
Too funny! Talk about a no-bullshit presentation style, every CEO in the world should listen to this.
The Wells Fargo guy who asks a question and Lourenco tells him that he acts like he knows everything about the company already so he won't talk to him: next call. Priceless!
One of the hardest things for traders to do is to stop trading.
Walk away, even for just a day, though a week is better.
They say, "I can't, I can't afford to."
They can't afford to stop losing money?
Hang in there, best of luck.
Bruce- Sorry, forgot to follow up.
Yep, that solved the problem, thanks!