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I wouldn't say never average down a losing position. My father made his biggest bank averaging down Kerx to 9 cents which ended up going to $17. So never say never.
You're wrong. It was created in the 1990's http://everything.explained.today/Surfaxin/
I spelled it incorrectly it was in fact surfaxin
Bottom line my son when he was born had pneumonia and a punctured lung. He was going to die and the doctors told us this. We were prepared for the worst until one doctor said listen there's this medication in experimental phase surfactant that may be able to rejuvenate the lung and allow my son to live. Well, now it's 20 years later and my son is a healthy young man. Surfactant saved my son's life. That's all you need to know. It works.
Well it just may be that there are other investors who don't want the stock to go down. The only thing Jim Cramer ever said that made sense forever and all eternity is "bulls make money, bears make money, and pigs get slaughtered." However low the stock price is for any stock it will never satisfy the greed of the bottom feeders.
Can somebody please explain who determines whose .15s get hit and whose don't? I had a 14 order in before the jiggle and didn't get hit at all. Oh well.
Guess the bidding has finally begun in earnest :)
Anyone else seeing .145 a share?
You are missing something the market cap is $13.45 million lol
Good luck shorting dendreon. There will be a bidding war and the stock will break a dollar. Look at Juno same technology with no fda approval near term and trading $50+ a share. Minimum bid for a billion dollar fda approved drug $275 million. That will double by end of January. Even with all the debt provenge is worth far more than whatever debt there is. Gltal
Meant :) lol 3.25 here we come
Good call. ??
Damn that was a long delay lol
Train finally leaving the station. Dam that
Even 600k volume will do it
Where'd all the pumpers go? They'll be back when it crosses 3 any day now. Lol
Honestly had the rest of the market not have been crashing today this would've crossed 3 no problem. Patience...
Back in this things ready to blow...
Crickets.... Apathy, the bane of a stock .
Good call :)
Could be but I'd bet on $2.20s more likely
Serious? The futures point to a gap down at the open. I wouldn't overpay during the premarket
Yeah. Temporarily out until I stop bleeding unfortunately left 11k on the table oh well.
While it's true tan is a certified billionaire it doesn't necessarily mean that he cares enough about the company. This could either be a serious investment of his or rather a toy hobby for occasional entertainment and not much else. For an analogy, look at Bloomberg where the head put all his effort into building an incredible company, as opposed to the Hess family that owns the New York Jets but don't care if they win or lose cuz it's just another toy to put on the shelf to show off at social gatherings. We'll see.
Same gltal
You forget that MOL traded for months before this jiggle. I'm in from 7.92 so for me and many others from the months prior this is just a correction toward the true value of the company stock. No one who was in since the summer will start selling until it crosses $13 myself included. Gltal
From Vincent Tan:
"MOL has encountered some difficulties over the last several days relating to an accounting error at its Vietnam subsidiary, a delayed earnings release and trading halt, and the departure of its CFO, Allan Wong. The timing of Allan's departure for personal reasons which unfortunately coincided with the delay in the earnings release have resulted in some unhealthy speculation on the company's financial numbers, and the stock price has been, in my view, unfairly punished. I have the utmost confidence in the management and MOL and none of these unfortunate events alters my very positive view of the underlying business of MOL. I have communicated my support to the management team at MOL, and while I know they are currently working very hard on addressing the issues that have arisen, I have encouraged them to continue to remain focused on executing their business plans."
I can't forget when the afternoon before avanair got approval in October 2010 there was a huge bear raid that slammed the stock from 5.80 to 1.31. Déjavu all over again.
If the hype is real MOL will be the PayPal for more than half of the Earth's population. If the hype is even half real this is a $20 stock. At $1.74 this is a gamble worth betting on. My father has been in since Schwab offered it as part of their new issue subscriptions at $8-11 a share. There was a ton of vetting before this went public. Eventually the weight of the shorts will subside and when it turns it will turn as hard as it tanked. Averaged down today to $2.42. Imho worth the risk. Gltal
Nice!!! Thank You So Much!!!! I LOVE awesome DD!!
"Euphoria" is the appropriate word. California is the 10 highest population percentage of mj users at 12.88% of the population of almost 38.5 million people, by far the largest in the us. That translates into 4.96 million mj users. If you think aegy isn't on the ground floor of something truly spectacular you are missing the forest for the trees lol
WWW.policymic.com/articles/66809/which-states-smoke-the-most-marijuana-check-this-map
Show me another company trading at .002 with the same kind of revenues qtr over qtr. The s/s is very tame compared to any other micro pennies. BTW citigroup (3.03 billion o/s, and that after a 1/10 reverse split lol) & bank of America (10.6 Billion o/s) are two easy examples of outrageous bloated s/s with almost no shares held by insiders. So acg increased the o/s by how many whatever times. It's small in scope compared to very many others in its peer group.
All it shows is that they are using the money not to line their pockets but to expand the business, like every solid REAL company. Find me one biotech that doesn't announce a secondary following approval lol find me one company in the s&p that doesn't raise capital by refinancing/converting/splitting etc... in this world you need money to make money. I have no qualm with conversions as they are needed to grow the business. And business is growing. BIG TIME. Gltal acgx
Hello. Anyone who remembers the invicta days knows this company always puts out product and revenue and doesn't run with fluff like many mmj's are now with just an mmj promo but no sales now or ever to back it up. Invicta ran 1200% before it ran out of steam. Alliance has learned from the hype of the past and will only run on solid financials which it continues to perform quarter over quarter over etc... many pinkies run 1000x sales. We're doing 1/2x sales. The near & long term potential here is staggering once the mmj hype cools off. GLTAL
Also Surinam update by 1/15. Buy the fear, sell the glory.
Congrats to all longs and everyone who hung in there. You certainly earned this long overdue bounce and hopefully you'll all get back to .0085 where icpa was before it fell off the quick. Enjoy an awesome day in pnch land!
Billionaire Prokhorov Denies Making Offer for Denver's Supatcha Resources
By Christopher Donville - Dec 14, 2010 5:04 PM ET
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Mikhail Prokhorov, the second- richest Russian, denied any association with Supatcha Resources Inc. and an unsolicited bid for the Denver-based gold explorer.
“Mikhail Prokhorov categorically denies any involvement with Supatcha,” Onexim Group, a Moscow-based holding company owned by Prokhorov, said today in an e-mailed statement. Igor Petrov, an Onexim spokesman, confirmed the release. A Dec. 10 statement from Supatcha citing Prokhorov’s participation in the takeover bid is “completely false,” Onexim said.
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Russian Billionaire Mikhail Prokhorov. Photograph: Alexander Zemlianichenko Jr./Bloomberg
Supatcha fell 8.3 cents, or 44 percent, to 10.4 cents as of 3:59 p.m. in over-the-counter trading in New York, valuing the company at $6.34 million.
Supatcha explores for gold deposits in Ukraine, according to its website. The shares jumped 77 percent on Dec. 10 after Supatcha reported a $1.75-a-share bid from OXM Group, a company it said is controlled by Prokhorov. Supatcha yesterday said it got a second unsolicited bid, this time for $2.50 a share, from a Moscow-based company called JSC Rustamov Group. The stock slumped 73 percent yesterday.
Calls to Supatcha’s office in Denver weren’t answered. A woman identifying herself as Lisa, who answered a call to the investor-relations phone number listed on Supatcha’s website, declined to comment, give her full name or identity her employer.
A call to the Thunder Bay, Ontario, telephone number listed by Supatcha on the U.S. Securities and Exchange Commission’s website was answered by a woman who said the number was for a company called Auto-One Car Care and Service Centre. The woman declined to give her name.
‘In the Dark’
Supatcha last month hired The Wall St Bulls Consultant Group to raise investor awareness, said Brett Smith, a senior partner at the Naples, Florida-incorporated investor-relations services provider.
“Since then it just has been quiet on the other end,” Smith said in a telephone interview. He said he has communicated with Supatcha executives only by e-mail.
“We are also in the dark about this company,” he said.
Supatcha paid Wall St Bulls with 4 million shares of the company that cannot be sold until after May 19, Smith said.
“We did the work for the company,” he said. “We were taken for a ride.”
Forbes magazine this year ranked Prokhorov, 45, as Russia’s second-richest man, with a $13.4 billion fortune. He is chief executive officer of Russian gold producer OAO Polyus Gold and owns the New Jersey Nets basketball team. Russia’s richest man is OAO Novolipetsk Steel owner Vladimir Lisin, according to Forbes.
To contact the reporter on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net.
To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net.
Really Great documentation!!! But you left one other connection between Supatcha & Southridge. Both made more bank for those smartly trading their stock than with any other companies. Long Live the Ukrainian Gold Shield!!! :) GLTA ps look for a dip to the 3s followed by a bounce into the high 5s and settle eod around .0033. Glta
Great Call! Give Yourself Credit for not being a pig. I made some bank but not 200%. bulls make money bears make money pigs get slaughtered. GLTA