Thursday, November 01, 2007 12:31:19 PM
could be right could be wrong.
its only fair to look at them more closely to see what can be garnered from the message.
gabewhatley
The specialists are holding JAV back today. There's a huge short position and I'm assuming the specialist, who are normally extremely crooked, are the ones who have a majority of the shorts. They are just making up shares to trade today. No way in hell there has been 850,000 shares sold today at these prices. I'm not buying that for a second.
gabewhatley
1.2 million shares sold???? yeah, right. LOL
Amex specialists have always been known as a bunch of crooks. Today is proving that. What a joke. It's worth $7.50 on speculation of approval 4 months ago, but $5 when it gets approved??? they should do a million share buyback and crush the shorts pressing it down
(change of signs) light turns yellow to red.
bumwrap
this stock is done for months. shorts have no fear now. positive ketamine results are already baked in the cake. revs are mid spring at the earliest instead of now with a cash burn rate increasing. next shoe to drop is the 35% institution holdings cutting bait. may already be happening. curious to see the next report showing their positions.
bumwrap
nerf their time frames have been historically off. if they say 3 to 6 then that means 6 to 9. stats dont lie. we shall see what the institutions haver done if anything soon.
gabewhatley
bumwrap isn't short. And neither am I. I have just under 200,000 shares of this POS. and I've been holding for about 8 months. If approval for Dyloject didn't move JAV up, what the hell will?? It's obvious that management, including Rick Pierce, is very incompetent. I was told personally by Rick that approval was coming in late spring, then late Summer, then he stopped taking my calls and returning emails.
(gabewhately and bumwrap have a relationship thus allowing for gabe to know that bumwrap isnt short.)
with that said, there's no question if the numbers JAV has released on potential sales of Dyloject are correct, JAV is severely undervalued. But it looks like the stock is going alot lower from here, for whatever reason. When stocks have huge reversals on monster volume, as it did yesterday, it ain't going up. NO way in hell.
bumwrap
listen dawg im just saying this is a longer hold than anticipated and its killing the stock and making some folks nervous. who the hell sold 1.2 mill shares yesterday the day of dyloject getting APPROVED. talk to me yo. short? nope. actually an investing friend of mine and myself have more shares than probably all of you combined. not bragging just accentuationg my interest here. i have talked to rick pierce,some writers to have published plugs on jav etc.
gabewhatley
I invested that amount of money in the company cause I thought it was a billion dollar market cap company, IF, and its a big IF, the projected sales of Dyloject are correct.
250 million in sales by 2012 per year. Multiply that out by 4, and you get a billion market cap, and that doesn't include their other two drugs.
I trade stocks for a living. I started with 20k in 1998, I'm worth about 3 million now, 1.4 million of that is in my trading accounts. thats right, a third of my net worth is tied up in this POS. if I could sell right here at $5, I would, but there's now way in hell I could get out of 200k shares anywhere near the price its at now.
joesuzuki
yeah thats it thats the ticket.
May your investments prosper.Buy gold, it is money.http://images.sportsline.com/u/photos/baseball/mlb/img10422001.jpg
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