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FDA approves patent for Anavex on 2-73 plus. Once PR comes out should be good for a pop on SP.
As I said. I agree with you 100%. I don't expect big news within 3 days after the annual meeting. Would love to see it but probably won't happen.
I agree with you and would like to see nothing more then that to happen. The problem is that the market manipulators won't allow it on a technical basis. Now if some kind of big news hits before then causing the stock to fly that's a different story. With the annual meeting on the 18th its highly unlikely to hear anything big with 3 days left. I've been in this stock since before the reverse split so I'd like nothing more for it to shoot to the moon. Just don't think its going to happen before the 21st.
Tom, to answer your question there are over 4,700 April $7.50 calls that expire on April 21st so I would not expect us to get there before then. Right now they are bidding at $5 a contract. With less then 2 weeks to go we might get to $7 then we could see that $1 drop to $6 as you said at that point.
That's happened several times over the past few weeks at the close!
Need a close above $2 so we can move higher. Thought we were going to get it today but no such luck!
Sure hope so. Now that all fCC approval objection periods are over and public auction is ending this week, I would hope we have some big announcements coming soon. Anyone remember the Dish networks noise last month as the CEO made comments about how valuable GSAT spectrum was in his earnings CC. Been very quiet since then!
You can read about on twitter by looking up $vnrsq and it will come about the bid.
Johnny, I started buying at .23 and kept averaging down as I think they will come out of bankruptcy and we can make money on this. I bought as low as .069 cents to get my average down.
That said, greetings from Texas! I was able to find out on of all places Twitter, that Oxy USA bid $78 million on vanguards permian assets and thats what caused the pop yesterday. Unfortunately, we're getting some profit taking this morning.
Have no idea, haven't found anything. My guess is maybe they got some favorable news on coming out of bankruptcy. All I know is I'm a penny away from breaking even!
Ok good luck with Gene! Checkout Avxl, I trade this one out regularly. Looking strong right now!
Yeah it is. I need a little more pop to trade out. Doing that with Avxl right now. Good one to check out if your not in it.
Yeah it is. I need a little more pop to trade out.
Yeah it is. I need a little more pop to trade out.
Need to break through $2 resistance!
Ziggy, that's exactly the point. If we don't get the news now then we could go down because we a primed to pop to the $7-$8 level if the news is released and is as strong as expected. If we don't get it, I think we could go down. They've capped the stock in this $5.80 - $6.15 area. The news is good as expected we shoot up, no major news is a let down!
If we don't get any news of substance during all these presentations, I would think we will go down big on Monday. Stock is loaded and cocked and if we don't get anything we could be headed down until the stockholders meeting and that's 2+ weeks to test $5 before we head up again on speculation of news during the meeting. I hope it doesn't happen that way!!
Mills, interesting theory and could make sense. So the preferred stock serves 2 purposes, your theory and a poison pill!
Good question. Somethings gotta give soon!
Tom, time running our for a dip before fundamentals could and should take over. By Wednesday afternoon anyone not in will be jumping at that offerings not to be left out.
Jimmy, well said! I agree. Tom is very legit! I spend most of my off days watching it also looking for the best prices. Be interesting to see if we do get that dip the first 2 days next week. I would be buying mid day on Tuesday depending on price!
I agree. There's much more then $50 in the pot when we get FDA approvals especially if we can avoid a buyout. I like your range, $200+ is very possible!
Sud, Tom's analysis has been spot on and if we study the run ups and closing prices we can see where resistance and support areas are and are able to trade 2000 shares and make sum good money. I made over $4k by buying at $3.54 and selling at $5.67. Then I waited and bought back in at just above the $4.95 low @ $4.98 and am holding 1,500 shares and looking to sell those above the $7.50 range then re-enter on what's looking like a good support area being formed in the $6-$6.30 range. That said,I have my core position which I entered pre R/S prices and will hold long term till we hit the grand slam! We can make money trading, just have to do a lot of homework and a guy like Tom who shows us the way with his T/A and then we make our own choices when to pull the trigger!
Problem is we've been stuck at this $1.65 area all week several times. Need to break through this resistance and head $2+.
Should be an interesting last hour today. Should be a lot of late buying today. Wouldn't want to be out this weekend.
Would a great thing to see if Missling would line it up that way!
Would a great thing to see if Missling would line it up that way!
I agree. Would be good for us to hold gains today above $6.30 or higher and we can see $7-$8 next week!
We hit that $6.30 wall and retreated. We'll take another run at and shorts will continue to sweat. Would not want to be shorty next week as you said!
$6.30 is the key to bust through and hold above. Go AVXL!
I agree with you and hope we can get maximum while maintaining control.
I agree 100% I think $100 is low but $500 is a huge stretch at this point.
Xena, yes we do but as Atilla said there are many factors as to why one would sell. I for one at the age of 58 with 2 heart attacks for genetic reasons, 2 back surgeries and both knees scoped would jump at the opportunity to net out with $2 million plus. Won't take $500 to get that for me. I've been in before the RS so it wouldn't take that much for me.
I agree with you 100%. To say you wouldn't accept $500 a share is a personal choice but I would safely assume that Mc who has added quality information to this board in the past would be in the minority by a longshot. This is all wishful thinking as we are not there yet but if all goes right we could see market caps of $5-$10 billion or more. I for one would be out way before $500 a share as I don't need that much.
River good to have you back in. We should have a nice bounce off the closing of offering!
Picked up more shares this morning at $1.56 now $1.70.
Picked up more shares this morning at $1.56 now $1.70.
Nice to see us finally break through $1.50. A close above $1.55 or higher would keep us heading higher and we look forward based on the Dish 8k to PR that will finally get us longs who have stuck by GSAT for years the gains we've been looking for.
Nice to see us finally break through $1.50. A close above $1.55 or higher would keep us heading higher and we look forward based on the Dish 8k to PR that will finally get us longs who have stuck by GSAT for years he gains we've been looking for.
Dish CEO also made comments about Globalstar's spectrum being very valuable, now the 8-K that says proceeds may be used for strategic transactions which may include wireless and spectrum related transactions. 1+1=2. Looking good for us longs. Heres to a Monday morning PR!