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Positive volume this morning (+51,000) in large blocks but little movement.
But when 100 shares are sold, somebody has to buy them. Are you saying that manipulators are placing an order to sell 100 shares? If EDGX does not buy them, nothing happens. If EDGX buys them, nothing happens to SP. This does not make sense.
What makes you think these 100 share blocks are being traded to "walk the price down"? The price does not change.
So what are they? (the constant 100 share trades). I've searched and found nothing. They can't be the mysterious and evil "shorts" because the price is not changing. Each trade is bid/ask at the same price and they happen at 1 and 2 minutes intervals. Would be nice to understand what's going on.
No, that was a post. Is that what you call sarcasm?
From a nice summary of investing mistakes by Motely Fool:
Number 17-
Bias From Backfiring at Opposing Views
When presented with information that goes against their
viewpoint, people not only reject challengers but double down
on their original view only because the topic becomes more
emotional. Voters often view the candidate they support more
favorably after the candidate is attacked by the opposing party.
In investing, shareholders of companies facing criticism often
become fanatical, die-hard supporters for reasons totally unrelated
to the company’s performance. Companies under attack
from short sellers have some of the most irrationally supportive
shareholders out there.
Jeez Louise. Is there anybody left here who is capable of what we (who do not drink the koolaid) call "discussion"?
I agree that his short position makes anything he says suspect. The only thing that brings me up short is his valid look at executive compensation. It bothers me.
tim779@yahoo.com
thanks
I repeat: "I don't think Schwab just recommended PVCT as Outperform. No market reaction, no Google search results." They talk about it here also. It's talk, not a recommendation from a large brokerage.
I don't think Schwab just recommended PVCT as Outperform. No market reaction, no Google search results.
Probably not, but could you provide a few details? Does it look real?
Link please.
Another theory would be that 1.16 is where people stopped selling it, as in they had to stop somewhere, why not 1.16?
Fidelity shows a closing price of 98 for the day, but the chart shows the last bar as 95. beats me
Greed and fear. I could have done the same thing but did not. When fearful, we should act greedy and vice versa. Easy to say...
would be nice if it bounced before I get a margin call
I expect that when a deal is imminent, we will know when share price rises. A good example of that effect is when word on BTD leaked out the day after the decision (May 17th). The market sent price into a long slide from 3.50 to 2.00 on the day before BTD denial was made public. I cannot believe management didn't know about denial until May 20th (the excuse, "they forgot to call me" is the equivalent of "the dog ate my homework") because the word was out on May 17th and management is the likely leak.
Damn good question.
I was seeing .77 in the last 15 seconds of trading. In fact, my chart still shows last trade at .77 but closing price is .7502. Anyone know how that works?...No wait, now close is 76.5 here at iHub but still .7502 at Fidelity.
Fidelity just blanked out my cost basis with this note:
"Cost basis is currently not available for this position. Updated cost basis will be available prior to market open tomorrow."
This is the very same thing that happened in January with the CUSIP change. Anybody see that?
No, I don't think they say this after every halt:
NYSE Regulation will carefully consider the price indications obtained in the opening process and will assess whether to move to continue to halt or suspend trading in the Company’s securities should the: (1) price indications or subsequent trading reflect a price that the NYSE MKT deems to be “abnormally low”; (2) NYSE MKT receive authoritative advice that the security is without value; or (3) Company fall below the quantitative continued listing standards listed in the NYSE MKT Company Guide. NYSE Regulation will continue to closely monitor events at the Company and the appropriateness of continued listing of the Company’s securities.
I'd say de-listing is likely and they are just preparing the ground work. Just trying to inject a bit of realism here amid all the denial and wishful thinking.
no, we have a problem. the nyse announced this morning that they are reviewing pvct.
nope, not good. I'm looking at money in my Fidelity account and knowing it's an illusion. I put in a limit order at 1.85, but I'm dreaming.
No, it's not dreaming. It's possible. Good luck.
There is still a lot of wishful thinking here. The current price is NOT 2.02. If you are looking at that number and holding on to it, you are crazy. The price will not open at 2.02 and then start stepping down. It will gap down to something really low. The targets people are throwing out exist only in their minds. It won't go to zero, but it could go anywhere between zero and $2. I've been long for 3 years. Fortunately I sold a third last week. It has always been play money to me because, as I said when I first posted here, it is "a crap shoot." That comment was ridiculed by people still posting this wishful thinking. No, uncertainty about BTD was not built into the share price. Hope for BTD is what was built into share price. I still have hope, but let's get real.
This bothers me: FDA previously communicated concerns regarding the development program and provided advice regarding the type of data that should be systematically collected to investigate the clinical benefit(s) of an intratumoral treatment of a subset of individual lesions in a systemic disease (malignant melanoma), as previously discussed at the April 8, 2010, March 7, 2011, and October 18, 2011, end-of-Phase 2 meetings and the December 16, 2013 General Guidance teleconference.
Did they respond to this in the conference call? It's saying "we told you 5 times."
You can put in a limit order at $2 but if there is no one to buy it, it will expire. There is no such thing as a stop loss at a price above what the market opens at. I'm afraid you are screwed , as am I. The $2 share price does not exist anymore, hasn't existed since Thursday. The best we can do is wait and see what it opens at Tuesday and then sell, if that's the plan. I might sell if the price is anywhere near $2 because I got in at an average of $1, but I don't expect that. Way below $2 and I'll keep it just because...
You "heard"?
anybody want to call the barn?
Maybe for a nano second. Don't expect to make a sale at anything near $2.
What happens to NYSE listing if the share price stays below $2.00?
The market obeys no logic.
The change is marked with code M. That means, "M — Exercise or conversion of derivative security exempted pursuant to Rule 16b-3"
But don't ask me what THAT means.
Hello? Anybody know something?
Nice positive volume today.
My point is that many people here look for evil motives in every stock movement. The market doesn't care. It goes up, it goes down. Shorts bet that the price goes down. They would have been right today. They didn't make it happen. The people who wanted to sell made it happen.
They are called sellers.
Nice to see some buys at 100,000 shares today.