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Looking very nice on OPMR
Grabbed some at 5.23, well see if this is ready to turn yet.
Looking nice today, great swing action.
Making Green!
Looks like a good entry, Gotta see some profit taking, than we wee FAZ move up
That is what I'm banking on, I picked up some here in the mid 1.60's.
Indeed. Chances of bounce are good when a stock falls so hard in a day.
Happy Trading.
$3.94 currently
Watching QCC for a possibly entry
Picked up some LEN at $7.57, Almost over $8 right now
Indeed, I want to see $22.00 at least for a short bounce. GL
I got in ACOR as well, Avg about 19.75. Now we just need a dollar or two bounce.
Happy Trading!
Yeah CTIC is one I really wish I was watching more closely. I missed this wonderful bounce play this morning.
Picked some MTW on this pull back. Avg $2.90
Now lets see this back to $3.50 range.
Happy Trading
Not sure why it went to .90 in the first place. IMO only because it was up to .90 and fell back to .35ish bounced to .45 which was the little bounce I played, and than when it fell to .25ish that was another buy opportunity, All IMO. But I missed the latter bounce. Again Congrates to those that did catch it.
Whew that would been a great buy at .25-.30, Too bad I was a little pre occupied this morning. Congrates to those that jumped on the opportunity.
LJPC was one I really regret not getting into between .12 and .15, was up 80% today at .30.
LJPC currently .26
Yeah I wanted to play PIR figured it would bounce when i saw it around .55. But had my attention elsewhere. Next time.
Nice job. I did the same. My avg was .39 and got out at .45.
Quick flip
Got out on FAZ at 19.95 this morning. Ran with my profits. But its looking like antoher buy opportunity.
Currently $18.65
I read it as a R/S at first glance, and dilution is not usually good unless they can really make it work for the company to increase profitability.
Took a little hit today from news of dropping the trials.
Down 22% at $14.00 today.
COLUMBIA, Md.--(BUSINESS WIRE)--Osiris Therapeutics, Inc. (NASDAQ: OSIR) announced today that it has elected to end enrollment at 210 patients in its Phase III trial evaluating Prochymal for Crohn’s disease. The Company believes there is a design flaw in the trial resulting in significantly higher than expected placebo response rates. The decision was made after the trial’s final scheduled interim analysis showed that one of the two Prochymal dose arms had crossed a futility boundary. The dose arm was unlikely to achieve the primary endpoint of remission because of the high placebo response rate. This latest analysis continued to show no serious safety concerns with the therapy and safety was not a factor in the decision to stop enrollment.
The R/S WAS NOT APPROVED.
"The proposal to allow the Board of Directors to implement a reverse split if and when the Board deems such action appropriate was not approved by the shareholders."
Picked up some at .38, dropped pretty hard, looking for the bounce.
Happy Trading!
I was hoping for a more aggressive bounce but its not really happening so far.
Indeed, grabed some FAZ at 19.00, 18.71 and 18.30 so well see. Hold through tomorrow.
Happy Trading.
I hope you sold this morning, news out made it drop 25%. Im looking at it as a bounce play, grabbed a few at .16.
Crusader Energy Announces Update on Continued Discussions of Strategic Alternatives
Mar 26, 2009 2:35:00 PM
OKLAHOMA CITY, March 26 /PRNewswire-
FirstCall/ -- Crusader Energy Group Inc. (Amex: KRU) today announced that in connection with the Company's continued evaluation and assessment of financial and strategic alternatives to address its previously announced $5 million borrowing base deficiency under its senior credit facility, the Company elected not to pay the approximately $833,000 first installment on the repayment of the borrowing base deficiency that was due on March 25, 2009. As previously reported the Company had notified the lenders under the senior credit facility that it had elected to repay the borrowing base deficiency through six equal monthly installments, with the first installment due March 25, 2009. The Company's election not to pay the installment due on March 25, 2009 results in an event of default under the Company's senior credit facility, and the administrative agent under the Company's senior credit facility could elect to declare all amounts outstanding under the senior credit facility to be immediately due and payable. In addition, an event of default under the senior credit facility results in an event of default under the Company's second lien credit facility, and the administrative agent under the second lien credit facility (subject to certain intercreditor agreement provisions) could elect to declare all amounts outstanding under the second lien credit facility to be immediately due and payable. If the lenders under either credit facility accelerate such indebtedness, the Company does not have sufficient funds currently available to repay such indebtedness. The Company remains in discussions with the lenders under both its senior credit facility and its second lien credit facility regarding potential solutions to address the borrowing base deficiency and default, as well as with other third parties regarding potential strategic alternatives (which may include restructuring the Company's debt, the sale of some or all of the Company's assets or a merger or other business combination involving the Company). The Company may be required to seek protection under Chapter 11 of the United States Bankruptcy Code if such efforts are not successful or to effect any strategic alternative that it elects to pursue.
This doesnt sound too good, I was hoping we would see a 1000% gain so I can break even. Should I not hold my breath?
Happy Trading!
Slow day around here, I dont even see one trade thus far.
Happy Trading
COA could be a bounce play. Picked up a few at .68, so we shall see.
Rich and poor have this in common: The LORD is the Maker of them
all.
Proverbs 22:2
Seems The Treasury Department news has been well received. Most stocks up this morning.
NEW YORK (AP) -- Stocks are sharply higher, a sign of investors' relief over the government's plan to help banks remove as much as $1 trillion in bad assets from their books.
The Treasury Department on Monday announced a plan to revive lending that would rely on the government's $700 billion financial rescue fund, the Federal Reserve and the Federal Deposit Insurance Corp., as well as private investors.
The goal is to remove the toxic assets that have burdened the banks and to boost lending.
In the early going, the Dow is up 162 at 7,440. The Standard & Poor's 500 is up 15 at 784, while the Nasdaq composite index is up 32 at 1,489.
Yes looking real nice so far. This is pretty good trading.
AVENTINE RENEW ENRGY
(NYSE: AVR)
Real-Time: 0.2075 Up 0.0375 (22.06%) 3:51pm ET
Think this news can move the market? Its ran in the past with some promo and even with the dilution. Might be time to another run.
Best Wishes!
SHS took a pretty big hit today, Im looking for a bounce play here. Currently $3.15
Fourth Quarter Review
Net sales for the fourth quarter declined 25 percent to $371.4 million, compared with net sales of $494.2 million for the fourth quarter of 2007. Excluding the impact of changes in currency translation rates, sales in the fourth quarter declined 16 percent over the same quarter last year. Sales for the fourth quarter dropped 23 percent in Europe, 11 percent in the Americas, and 1 percent in the Asia-Pacific region, excluding the impact of currency. Sales decreased 18 percent in the Controls segment, 16 percent in the Propel segment, and 14 percent in the Work Function segment, excluding currency.
Nice job. Holding here at .157 for the time being.
What a drop this morning. I think now could be a good time to pick away at a few. Could see a rebound back to .25-.30.
PEKIN, Ill., March 16, 2009 (GLOBE NEWSWIRE) -- Aventine Renewable Energy Holdings, Inc. (NYSE:AVR), a producer and marketer of clean renewable energy, today released results for its fourth quarter and full-year ended December 31, 2008. The net loss for the quarter was $36.9 million, or $0.86 per diluted share, as compared to net income of $3.3 million, or $0.08 per diluted share, in the fourth quarter of 2007.
I see this dropping back a bit, maybe they dont like the filing just out? Time to find a short term bottom. If they pull it back into the .60's
Any chance we could see a bounce here? Got this on my radar for .01 range. Any thoughts?
Interesting volume today, I missed the bottom but nonetheless a fun day.
Any reason for the trading today, my guess is someone was paid to promote or raise capital here.
Happy Trading!
Indeed. I just know there were a lot of shares being bought in the .01 range awhile ago which will make it hard to get back there with those anxious to sell and move on, but I suppose I just sit and wait with my few shares.
Good Luck!