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especially playing other pharma stocks.. you can wake up with a bad haircut.. however ARNA seems to be have the major upside considering the panel is more in favour which does give us some glimmer of hope.. But anything can happen Right...at this point the FDA is playing God once more..
tomorrow will be an important day for the stock technically..
we have 4 red candle but Sync has always rebounded..
we maybe looking for a bounce believe it or not SYNC at this level is sitting on a little oversold territory..
I will be bold and predict a strong possibility of a bounce to the 12 level..
CHARTZZ
YOur wish will be coming true tomorrow..
Sync is ready for the bounce now..
GL Penn
waiting for the morning volitality coming.. Arna has got alot of steam.. GLT all share holders will be waiting for any dips to trade in.. will not be investing but trading it till the FDA release..
--Options activity soars in Arena Pharmaceutical ahead of key FDA decision
--Stock slips 15% before decision, expected Wednesday
--Option watchers say people looking to call options instead of stock to play the event
By Kaitlyn Kiernan
NEW YORK--Arena Pharmaceuticals Inc. (ARNA) shares tumbled Friday, and activity in options shot higher, ahead of a key ruling from the U.S. Food and Drug Administration on the company's weight-loss drug.
Options watchers said stock holders were moving into options as a way to play the FDA ruling while limiting risk. A decision is expected Wednesday on the company's weight-loss drug candidate lorcaserin. If given the go-ahead, lorcaserin would be the first prescription diet drug to receive U.S. approval in more than a decade.
A lot of the downward pressure on the stock appeared to come from investors taking profits and moving into options ahead of the decision, according to William Lefkowitz, options strategist at vFinance.
"It looks like investors are taking profit, but then rolling some of that profit into 'call' options," said Mr. Lefkowitz. "They still get to participate if the news is really good next week, but they get to limit their losses to what they put into the options."
Call options grant the right to buy stock at a set price by a designated date. When an investor buys a call option, the risk is limited to the cost of that option. Even if the shares fall sharply, the trader's maximum loss remains the price paid for the option.
Arena shares dropped $1.72, or 15%, to $9.96 late Friday after the shares had more than quintupled in value leading up to the decision. Just three months ago, the shares traded at $2.
Activity in call options has been strong across the board, with options expiring in July busy at the $10 through $15 strike prices. Meanwhile, weekly options expiring next Friday were also active, with $12 and $15 call options seeing the most action.
Yet not all option buyers were as optimistic ahead of the advisory-panel decision.
One trader bought more than 9,300 July $8 put options, which grant the right to sell shares at that price, for $1.61 a piece. That means the stock must drop at least 36% over the next four weeks for the bet to break even.
Arena has been unprofitable every quarter since March 2001, according to FactSet data.
Options activity in the San Diego pharmaceutical company soared to more than four times the daily average Friday. The high price of option contracts suggests traders are pricing in a nearly 50% swing one way or the other in the wake of the FDA decision.
-Write to Kaitlyn Kiernan at kaitlyn.kiernan@dowjones.com
> Dow Jones Newswires
June 22, 2012 15:19 ET (19:19 GMT)
Copyright (c) 2012 Dow Jones & Company, Inc.
good plan me too.. ARNA too crazy to watch tick by tick drive people craazzzy
Crazy stock .. just made enough money for a juicey steak.. Daytrading this stuff is getting me sick..
WEEEEEEEEE!!!!!! ARNA LOL
let me tell even at 9.60 it was scary moving up to 11.00 within a few min.. seesawing its freaking insane
I bought in at 9.60 at market no limit orders it was moving too fast!!
"We have a high grade competitive platinum deposit at WBJV Project 1 and the construction and banking plans for project finance are progressing well. The WBJV Project 1 mine is near surface and has excellent grade. The competitive nature of this project is highlighted at this time of increasing costs and mine closures. At Waterberg, we have extraordinary grade thickness, located near surface and eight drill rigs continue to expand this new discovery. We have solid confidence in the platinum market in the medium and long term and confidence of our position in that market as we drive towards first production in mid 2014."
HOV did very well today.. hoping to see the Rally last a bit longer perhpas retrace back to 4.00
will be adding more shares.. Monday morning 17th June at the .90's
and will further accumilate shares towards the november..
PLG big things will re-emerge.
A time to consider PLG stock
Platinum group metals has been an old George Soros Pick..
this outfit has already been producing preciouse metals.. for both industrial and fabricated metals... specializing in Gold, platinum and palladium.. as a swing trade option.. these summer months the precious metal are consolidating and will re-emerge in late summer..
I have done a little DD on this company and it is a stock worth considering to closely examine, they are way undervalued as far as stock price is sitting.. PLG should atleast be trading over 100% over its PPS right now..
consider the major shareholders on board..
http://www.platinumgroupmetals.net/_resources/presentation/May_10_2012_presentation.pdf
Franklin Advisers Inc.
JP Morgan Asset Management Ltd.
Genesis Investment Management LLP
Liberty Mutual Insurance Group
Jennison Associates LLC
Wellington Management Company LLP
RBC Global Asset Management Inc.
Chilton Investment Company LLC
Cambrian Capital LP
T. Rowe Price Associates Inc.
R. Michael Jones
Canada Pension Plan
U.S. Global Investors Inc.
Mackenzie Financial Corporation
A time to consider PLG stock
Platinum group metals has been an old George Soros Pick..
this outfit has already been producing preciouse metals.. for both industrial and fabricated metals... specializing in Gold, platinum and palladium.. as a swing trade option.. these summer months the precious metal are consolidating and will re-emerge in late summer..
I have done a little DD on this company and it is a stock worth considering to closely examine, they are way undervalued as far as stock price is sitting.. PLG should atleast be trading over 100% over its PPS right now..
consider the major shareholders on board..
http://www.platinumgroupmetals.net/_resources/presentation/May_10_2012_presentation.pdf
Franklin Advisers Inc.
JP Morgan Asset Management Ltd.
Genesis Investment Management LLP
Liberty Mutual Insurance Group
Jennison Associates LLC
Wellington Management Company LLP
RBC Global Asset Management Inc.
Chilton Investment Company LLC
Cambrian Capital LP
T. Rowe Price Associates Inc.
R. Michael Jones
Canada Pension Plan
U.S. Global Investors Inc.
Mackenzie Financial Corporation
TECO Moving up this morning
TECO a good time to get in..
Interesting prospective on Zynga and facebook.. does FB need Zynga more?????
http://www.bloomberg.com/video/94546053-does-the-fate-of-facebook-depend-on-zynga.html
Juniper Networks (NYSE: JNPR), the industry leader in network innovation, today announced a new stock repurchase program which enables the Company to purchase up to $1 billion of the Company's common stock.
TECO major shorts...
a bounce is immenant
Jun 11
45.02%
shorted
dipped occured today.. prediction of trading levels should be above .04
http://theapplebook.com/tag/synacor/
Also during The Cable Show, Synacor will suggest a sneak-peek of a latest cloud-based height formed upon a new merger of tech startup Carbyn, which provides business a branded height where their subscribers can seamlessly suffer a accumulation of party calm as well as HTML5 apps together with video, music, games, newspapers, as well as magazines all in a single place by simply signing in to their subscriber comment upon any device, in any case of handling systems (OS), together with Apple iOS, Google Android or Microsoft Windows
reading over again.. there are some stuff insiders are more excited than share holders..
GLTA...
a good time to accumilate TECO PPS at these level perhaps..
from the TECO charts it doesnt stay down long.. this is a good possible trading level.. up to .12
much like the price of crude it will go up and down..
A downgrade may be in place next week from moody prepare for a possible dip.. BAC has some skeletons in the closet.. May prove to be a chance for getting prices at a lower level..
early christmas gift..:) SYNC
in and out this one.. looking for re-entry.. KBH
Flippers sometimes may turn into bid support.. And will have to chase if there is a squeeze..
Now it's time to play SYNC major upside
SYNC a stock worth examining.. very strong support..
we may be looking for the next leg beyond $15 range
SYNC looking real good this morning.. quiet accumilation going on A.M.
"Conversion of Preferred Shares into Common"
is that another word for dilution? the float is pretty high enough.. my bet is Liberty doesnt want to pay premium price for the stock.. if they can drive the price down just alittle more..
wether that happens is another story..
Its a game that the big boys are playing..
Mel may not want to play thier game..
interesting turn of events but not surprising either way it will be fun to watch..
may gap up in the morning tomorrow..
aapl still a great buy at these levels!!!
rebuilding strategy.. looking for next entry..
Aapl looking good this morning
Moody's Investors Service raised its outlook on Sirius XM Radio Inc. (SIRI) to positive from stable, saying the company is expected to improve its free cash flow and debt ratios.
PLM oversold RSI under 30
could be a great lotto pick
PLM STOCK CHART
Thanks for the article.. looking very good PLM
remember BVS* at around $8.00 to $50.00 just reminds me of one thing..... ride the wave.. SYNC is an awesome play thanks NIA..
the rate that FB is dropping it maybe pulled from Nasdaq and have better luck in the OTC markets..
Very happy with SYNC right now!!!
ANyone watching the reputation of NIA is a creditable one..
I did a little digging into thier controversy...expose to the NIA with thier documentary if the inflation warnings and short films..
Along with thier Silver predictions.. and their stock calls who have prosper very well for thier followers...
NIA is to me so far despite the naysayer have done thier DD on a companies before recommending them.. I can truley say that because of thier emails and alerts made out with some profits..
I'm guessing if its true for this new Specuation Sync is still early in its next run.. we may be looking at another Nexflix,,
with a low float high Beta we can easily move north quickly and fast... enough to throw a small amount of cash and wait for it to appreciate..
a company with virtually no debt and have positive earnings report this is a no brainer that it will move up toward the $20. mark..