I like to GNR8NRG
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I was debating walking away from my TTNP investment because no matter how bad the epidemic seems, that our product will not help as those who need help need to WANT help...Then last night I got a text from a friend who told me one of our high school buddies died Friday while 'partying' with other HS buddies. My friend said he'd heard the friend who died was off the 'H' 5 years ago but losing touch who knows what happened. TTNP is in a struggle to remain a going concern, but I really hope our product gets adopted and used as CHOICE gets in the way, but when addicted do we really make good choices?!? So now my resolve has been renewed that we have something that's good and needed, even if the PPS plunges or whatever happens...
RIP Drake
Probably good til 18 then needs to break through to be real bottom.
We were a long shot in 2009. Now were better off but the PPS isn't much better. One dollar or .18181818 back then...Hit 2.50 or 13.75 now but think the shares have double since then too...
Hit 330 just now WOW 8-0
Probably goes parabolic to 500 before filling that gap...2019 disney ought to do it, or we realize all the new subs are T-mobile and one of these ER's it takes a tumble on good ER. Don't really know how NFLX defys gravity but it does until global war, 3% 10 year, or Apple offers them 125 per share publicly...
Looks like Paulson just added 7 million shares @ 15.40 either that or I'm reading the filing wrong. LOL I remember he sold a bunch to balance the portfolio in the 14's. Looks like he regretted that.
It's possible because it's VRX. LOL The chart looks like it might try to fill from the last POP but honestly, other than weak guidence VRX is a much better company going forward. If it does 'fill' that should be the end of the lows and headed back up. I've got calls and puts to hedge because 'it's VRX' and I've been here long enough to know anything is possible. Long time before next ER so looks hard to break 16 until news and anything bad might break below 14. ARGH!!! Just give us 45 buyout and call it a day.
Probably will get close this week. 2nd day of 5 day run just like after ER...
Hopefully but I doubt it. I'm usually early and I sold my puts so we're probably going lower for a few weeks. LOL
Me too. Sold all my puts and holding 2019/20 calls willing to add more if we continue to go down. Will add puts as a hedge if we POP.
Thanks for the info. I do like that idea better than what I had been doing. Decay was killing me in TVIX.
True butmy experiences in TVIX and recently XIV I'm probably going to avoid them except for daytrading.
Back to 6
A decade of QE liquidity will do that. Doesn't mean markets keep going up. 2009 spike is shown but Dotcom bust didn't spike it so...Healthcare stocks are suppose to be defensive, so we can still go up in a down environment. ER will tell the tale.
Looks like the 8K came out late Friday. I thought we'd climb right back to 70 from announcment of labeling but probably just going to yoyo 50-65...
It's scary times in the overall picture. Up big one day, down big another makes it easy to be trigger happy. VRX has been so abused in the past that I completely understand. I added to my puts after breaking 10 day as I expect to test the 100 day again. My core doesn't move but haven't had a good sale price on them to add either. GS 18 call took us down and seems to be holding us there, but when they say 18 they want to buy lower and make 20-30% at 18 hence why I keep covering my core with puts. YIKES!!!
It bounced nicely right below that 100 day (17.02) as the overall market bounced off the 200 day. I still hold my calls (core) but sold my puts (hedge)as it bounced. Looking to see where we go next week before adding anything. M&A is always a possibility and we'd probably get a pop if M&A starts picking up with other companies.
TEVA didn't help either. The lower guidance is the same worry some have with VRX. It's trying to hold the 100day 17.06 if not watch 200 day 15.61 currently.
So VRX gave back the women's viagra and gave them a loan for 25 million and only got back a 6% royalty. I think if we filed BK we would have a case to sue Braeburn. Not only do I want our drug back but I also want a loan to pay off our existing loan and enough cash to pursue selling the company. If we raise cash by selling shares, then I as a shareholder would LOVE for the company to offer that to existing shareholders. I'd love to double down and get warrants like the big boys do. The problem in the past is management usually doesn't make the best decisions. So I worry this late in the game.
In @ 16 and use to worry about TVIX disappearing. 8-0
Nobody wants to buy or sell. At least until we know what's up. I got out before because running out of money was a real possibility in 2018, so I figured more dilution. However with current events I bought back in and am willing to wait and see where this goes. I think we'll rocket if we get it back and rocket even more if we have a new partner in place after that announcement. Part of me wants to put a sell on my shares at 5, but honestly I think were worth a lot more if we don't need money for a few years. Personally, I'd be happy with a special dividend for a buyout and warrants that give us a dividend royalty with sales. That way I can't trade it anymore and I'll get a one time chunk and divi's every quarter.
from 6.75 down to 5.50 in 5 trading days with no news...Either the public doesn't know something or somebody is shaking the tree to free some shares. I jumped in and out of some calls that saved me 400 and I'd love to add more but this is usually not a good thing.
I added once it held 22
I've been in VRX for a long time. I also added back to my calls last Friday, but I'm much more weighted in puts at this time. VRX Finally broke the old resistance lines moving and staying above 18 but because I've been here for so long, I know what is possible. BK has been off the table for about a year but the PPS still reacted poorly. Need 2018 guidance and the new drugs to ramp up and take off. All that said, I still think the PPS will fall because of it's POP. However a buyout is always on the table here and I remember the 18-24 POP in the closing 15 minute day (Salix) and the 28 to 38 2 day ride (whole company, before Papa)from when we first got below 30...Even if a buyout is offered, that doesn't mean they take it and then we'd fall right back down. I also think VRX could acquire another undervalued company (PGNX, EYEG, etc) and that would probably (temporary) drop the PPS. I think VRX's future looks GREAT, but I also know my first purchases have ALWAYS allowed me to keep adding at even better prices. ER should be in a month so we will see what happens. Personally a buyout over 45 that makes my puts worthless would be fine by me too.
PS Also the H&S mentioned below by JLS happened right before our last ER. I only had calls back then as I felt we were way too low, but we still went down. It's VRX
No, I'm saying it's going down. The maybe is maybe to 12.50 to fill the gap. Buyout rumors is the only thing I can see that sends up to new highs until ER.
Maybe it fills that gap, maybe not...
Markets looking like bitcoin but only in the 'UP' direction. Wait until the fall... 8-0
That happened in 15 minutes at the EOD off of rumors of Salix sale. then it found new lows many times after that 'rumor' so trade accordingly.
I kept my options but sold my shares after a weak EU deal and the final straw of Kellyanne Conway being appointed. Figured we'd hit a buck and we got close at 1.12 but without news we will probably test the low and find a new low before popping above where I sold. Been here too many years to not recognize this pattern.
I learned by just doing it, so I'm still learning. I only 'buy' calls and puts on stocks that don't have a dividend so I can only lose what I invest.
Some day I'll learn more about selling them but as of now I like to know my risk. It's great for trading momo when previous resistance levels break. Gain/loss % are much bigger on volatile stocks. If the VIX spikes these cheap calls/puts become more expensive. If they expire worthless then nada so I 'trade' them and don't plan on exercising them so I look for calls/puts with lots of option interest (others already in it)
That would be good, but I added a few out of the money calls 'just in case' we POP on approval. Doubt it holds til next ER but still got calls and puts in any case.
Today was the 2nd time I've traded my Jan 6 calls on these strange 5.50-6+ moves. Still holding (actually doubled down) my 2019 7's
Don't know if they'll announce FDA acceptance or not, so it's been hard to hold the 2018 6's when they POP like that.
that Oct 4th chart shows the H&S pattern that took us down before the last ER. I saw it but didn't get out of it's way. LOL
About a month ago the whole day was 250-400K traded and on the run up over 6 last week we went over 1 mil each time and now more than that just in the AH.
Volume really picking up and roller coaster ups and downs 5.50-6's Somethings up or about to POP...
I'm long too but lets break this down...
Yes Papa bought as it was part of his hiring agreement. CFO purchase a while back in 14's was more impressive.
Value of B&L and Salix are unknowns but I do agree that once tax reform is complete, I think somebody makes a play for one of those two or the whole company...
It's been a GREAT week, but we can go right back down just as fast as we went up. VRX is a roller coaster until it proves otherwise. We should have been here before the last fall after H&S pattern. There's still a gap since ER that some think gets filled. I don't know if it does but I'm quite happy to just keep going up before getting any takeover offers.
We're just under 20 now but 2 day's ago we were just above 16 before running up 20%
Most biotech went down yesterday. I saw something cross the wires about drug pricing difficulty and I assumed that was why they got the beat down.
The trading range use to get tighter but it's growing. Below 16 to above 17 in two days. Maybe 15 tomorrow and 18 Monday. LOL Stock is NUTZZZ
DCTHD, I guess the D drops off in a month from RS. UGLY here and another DRYS?!? I still bought a few 2500 @ .13 but it's gambling money for a play I use to be in.
I liked this...
"Molteni will be prohibited from marketing a Competitor Product (as defined in the Term Sheet) in the Territory for the five year period following execution of the License Agreement. Thereafter, Molteni will be required to pay Titan a low single digit royalty on net sales of any Competitor Product."
Can't pull a 'B' on us. LOL