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Re: Amigo Mike post# 27110

Friday, 05/12/2017 1:25:37 PM

Friday, May 12, 2017 1:25:37 PM

Post# of 38634
Yes Amigo,
A company files an NDA and the stocks goes down, gets an approval and the stock goes down,
...
Positives are already priced in.

So it seems that you and Tek are saying that this stock can only go down - and you are consistent with your perspectives I guess.
But usually stocks have ups and downs based on their company developments.
And than there is the magic.... trading range.
I strongly agree with many of the issues you and Tek raise, but it is at least strange to have a positive announcement and a negative market reaction.
That's your business, so I believe you support the idea that whatever happens it is legitimate assume that the share price can JUST go down.
It has more weight the Odidi debenture than Seroquel being marketed.
I am long time investor here, but I also make many intraday and speculative operations in other asset classes. So I do know very well both sides...long e Short.
But please, one time, you and Tek could admit that a positive news is usually followed by green prices.
After that you can even say...guys...this stock is a cash machine...just short it, don't look at co developments.
Odidi is hated...just short.
With all due respect