Reb, I sold about half of my onvo on Tuesday. Made a decent return. It dropped down to 3.40 or so. Apparantly had to do with some warrants being redeemed by 3/14. Yesterday it charged back up to 3.90. They also filled their 10K or annual report yesterday. I am long and strong on this one.
I also made a small play on the LVLEF at.75 cents..You said previously that anything under .90 is a buy. And they reported earnings yesterday too! They made $9 Million bucks! Wow, an gas and energy company under a buck a share, making money?
Reb, I sold about half of my onvo on Tuesday. Made a decent return. It dropped down to 3.40 or so. Apparantly had to do with some warrants being redeemed by 3/14. Yesterday it charged back up to 3.90. They also filled their 10K or annual report yesterday. I am long and strong on this one.
I also made a small play on the LVLEF at.75 cents..You said previously that anything under .90 is a buy. And they reported earnings yesterday too! They made $9 Million bucks! Wow, an gas and energy company under a buck a share, making money?
Thoughts?
Minger, I can't take credit for LVLEF, I believe it was Bet Them Dogs that is on the gas and energy sector. As far as ONVO, did you buy back on the dip to 3.40? If not you may want to diversify a bit into MNKD, it looks like it may have broken out, this is the one that is in Phase III trials for it's innovative delivery system to treat type 2 Diabetes. Again, speculative but high risk high return should it get approved by the FDA. GL going forward.
Anybody own KERX? It's my #1 long biotech. Got in at just over $3.00 before their drug, Zerenex, results came out. Still think it is under valued at $7 right now. Do your own due diligence, but if this drug goes to market in a couple years, its a $30 stock.
BTD, no have not followed these two but will look into them and get back with you...may be a couple of days, lot going on right now...BOL these next few weeks -R
Anybody own KERX? It's my #1 long biotech. Got in at just over $3.00 before their drug, Zerenex, results came out. Still think it is under valued at $7 right now. Do your own due diligence, but if this drug goes to market in a couple years, its a $30 stock.
Yes, I own and have for quite some time...not sure about it getting to $30 but do like it.
This market is out of control...the shorts are getting murdered trying to time a top, the fed keeps throwing gasoline on the fire as it has to keep feeding it or it will go out, foreign money keeps pouring into our Treasury market...in 30yrs. I have not witnessed anything like this...Bernanke makes Greenspan look like a tight ass (hawk) and I fear this could end very badly if they don't get their heads out of their asses. My assistant asked me about getting into the market today....very bad sign, I may have to liquidate everything very shortly after her inquiry. BTW, the home builders here in Vegas are increasing prices again at an alarming rate another scary sign. My first time home buyers have been getting shut out of the market here, of course they didn't buy last year when I told them to...now they are chasing..not good.
This market is out of control...the shorts are getting murdered trying to time a top, the fed keeps throwing gasoline on the fire as it has to keep feeding it or it will go out, foreign money keeps pouring into our Treasury market...in 30yrs. I have not witnessed anything like this...Bernanke makes Greenspan look like a tight ass (hawk) and I fear this could end very badly if they don't get their heads out of their asses. My assistant asked me about getting into the market today....very bad sign, I may have to liquidate everything very shortly after her inquiry. BTW, the home builders here in Vegas are increasing prices again at an alarming rate another scary sign. My first time home buyers have been getting shut out of the market here, of course they didn't buy last year when I told them to...now they are chasing..not good.
1000000%.... this will not end well
Luckily I have been busy with other things, or Id be getting crushed shorting this market. I put a small postion on today, but irrational exuberance of this rally does not seem to stop.
1000000%.... this will not end well
Luckily I have been busy with other things, or Id be getting crushed shorting this market. I put a small postion on today, but irrational exuberance of this rally does not seem to stop.
Ya think? LOL they just never learn.....it's like the term "free markets" is evil or something, just another lot of criminals being cultivated and leading the lemmings to another disaster IMO. Student loan debt is also out of control, that will be the next "forgiveness plan" ...nice way to start your career path, over your head in debt and with higher taxes. They had an opportunity to get the pain out of the way over a period of time but they could not just let that happen...so it will be just that much more painful down the road when the can hits the wall and can't be kicked any further.
Originally Posted by TheReb
"AAPL currently @ 485 area, long term trendline at 470, a breach of this would open up downside target of 380 area to fill a gap left on monthly charts at the end of 2011, point of this is for anyone that was looking at opening a position in apple you may want to wait a bit. One interesting aspect of apple's sell off is that the rest of the market has been holding up rather well to this point, interestingly you could make the argument that the money coming out is actually being rotated into other areas such as the financials and biotechs. Could you imagine the impact of any significant rotation out of bonds into equities, when that happens you will see one of the greatest moves in stocks in history IMO. Apple has been a place where money has been parked as "a safe haven" just like the bond market, in other words, it's been viewed as a place to put the cash while the uncertainty of fiscal cliff, deficits, and politics played itself out as the world goes through its deleveraging phase. Obviously the timing of when this happens is anybody's guess but it sure is something to be watching out for to get in at the early onset."
01-23-2013 03:06 PM
"Has breached this trendline in after market session after their earning announcement, the weekly close is more important and how it gets met when trading opens in the am. but this 10% move down will be painful for a lot of different longs (IRA's, Mutual Funds, 401k's, etc) also the recent buyers that went long may bail also. My guess is at this point this could be a catalyst for the correction that a lot have been waiting for. Very possible for this to target the gap mentioned at 380 now. So would still wait if anyone was thinking of opening a position IMO"
Today:
Apple Breaks Below $400 for First Time Since Dec. 2011
Text Size
Published: Wednesday, 17 Apr 2013 | 12:57 PM ET
Getting close to the 380 price target on AAPL, first breach of 400 should catch some buying here but I still believe it will have a little more down side. However, if you're looking to establish a position anything between 400 and 380 is a good place to start scaling in IMO. You could wait and see how much the final puke out will be but it's getting close, probably one big volume down flush out coming. As far as the others I've mentioned as follows: SNFCA I have re entered a position here @ 7.00 with a p/e of 4.66 a steal for a company that continues to gain market share from the big box banks. MNKD I continue to hold long term, has broken to the 4.00 area and consolidates at that level while the overall market retreats, same for OPK which holds the 7.00 level. ONVO has been basing in the 3.50 area and currently trades between the 50 & 200 day MA. I did enter into a new position on ASTX, really like their pipeline with some very exciting breakthroughs in new antibiotics to handle resistant strain bacteria's such as MRSA. Bought today near the lows at 6.05...GL with the games today! -R
Does anyone else like to, or have the option to, bet whether the market is up or down in the next trading day at their book? Mine does, and it is fun. Maybe I missed that by not reading this entire thread, so sorry if it has already been mentioned.
Well-- that didn't work-- so, go to website and under ASX Announcements, check out the latest presentation. ATXDY-- Toronto listing coming this summer.
I don't normally do this but this particular situation is worth mentioning as I believe this to be a very ++EV situation, SNFCA has had a bunch of short interest lately for whatever reason it's up to just about 11%, the fundamentals of this company have been nothing short of stellar as it trades at a 4.5 P/E. I have been buying all morning, their model has been very successful as they transitioned from a wholesale to retail mortgage banker with a concentration on home purchases as opposed to refinances. Here is a link to their last annual report put out a few weeks ago: http://quote.morningstar.com/stock-filing/Annual-Report/2012/12/31/t.aspx?t=XNAS:SNFCA&ft=10-K&d=4fb348ae48e12386f3c5722f5471fa84 the updated short interest comes out on Thurs. so it will be interesting to see where it stood as of 4/15. There are no options on this stock available so it is very difficult for the shorts to cover with any hedging strategy. Therefore, when it comes time to cover in this one it should get very interesting as I feel like a lot of current holders have strong hands. Take it fwiw currently trading @ 6.72 low for day was 6.60, 200 day mov. avg. sits just under @ 6.51 which should be a very strong floor of support. Have a great day with the hardball and playoffs! -R
For all of you with any money left, be aware of the next expected mergers so that you can get in on the ground floor and make some BIG bucks. Watch for these consolidations in 2013:
1. Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W. R. Grace Co. will merge and become: Hale, Mary, Fuller, Grace.
2. Polygram Records, Warner Bros., and Zesta Crackers join forces and become: Poly, Warner Cracker.
3. 3M will merge with Goodyear and become: MMMGood.
4. Zippo Manufacturing, Audi Motors, Dofasco, and Dakota Mining will merge and become: ZipAudiDoDa.
5. FedEx is expected to join its competitor, UPS, and become: FedUP.
6. Fairchild Electronics and Honeywell Computers will become: Fairwell Honeychild.
7. Grey Poupon and Docker Pants are expected to become: PouponPants.
8. Knotts Berry Farm and the National Organization of Women will become: Knott NOW!
And finally....
9. Victoria 's Secret and Smith & Wesson will merge under the new name: TittyTittyBangBang
I don't normally do this but this particular situation is worth mentioning as I believe this to be a very ++EV situation, SNFCA has had a bunch of short interest lately for whatever reason it's up to just about 11%, the fundamentals of this company have been nothing short of stellar as it trades at a 4.5 P/E. I have been buying all morning, their model has been very successful as they transitioned from a wholesale to retail mortgage banker with a concentration on home purchases as opposed to refinances. Here is a link to their last annual report put out a few weeks ago: http://quote.morningstar.com/stock-filing/Annual-Report/2012/12/31/t.aspx?t=XNAS:SNFCA&ft=10-K&d=4fb348ae48e12386f3c5722f5471fa84 the updated short interest comes out on Thurs. so it will be interesting to see where it stood as of 4/15. There are no options on this stock available so it is very difficult for the shorts to cover with any hedging strategy. Therefore, when it comes time to cover in this one it should get very interesting as I feel like a lot of current holders have strong hands. Take it fwiw currently trading @ 6.72 low for day was 6.60, 200 day mov. avg. sits just under @ 6.51 which should be a very strong floor of support. Have a great day with the hardball and playoffs! -R
Hope some of you picked some up...getting interesting , currently up 7% from post
Hope some of you picked some up...getting interesting , currently up 7% from post
This one will continue to run, still early imo, up approx. 11% from original post (curr. @ 7.48), initial target is 8.50, ultimate target price is 13.50. Nice bounce off the 200 day mov. avg. the new short interest report should be out tomorrow based on 4/15 settlement. Strass should bring it at home today!
This one will continue to run, still early imo, up approx. 11% from original post (curr. @ 7.48), initial target is 8.50, ultimate target price is 13.50. Nice bounce off the 200 day mov. avg. the new short interest report should be out tomorrow based on 4/15 settlement. Strass should bring it at home today!
I don't normally do this but this particular situation is worth mentioning as I believe this to be a very ++EV situation, SNFCA has had a bunch of short interest lately for whatever reason it's up to just about 11%, the fundamentals of this company have been nothing short of stellar as it trades at a 4.5 P/E. I have been buying all morning, their model has been very successful as they transitioned from a wholesale to retail mortgage banker with a concentration on home purchases as opposed to refinances. Here is a link to their last annual report put out a few weeks ago: http://quote.morningstar.com/stock-filing/Annual-Report/2012/12/31/t.aspx?t=XNAS:SNFCA&ft=10-K&d=4fb348ae48e12386f3c5722f5471fa84 the updated short interest comes out on Thurs. so it will be interesting to see where it stood as of 4/15. There are no options on this stock available so it is very difficult for the shorts to cover with any hedging strategy. Therefore, when it comes time to cover in this one it should get very interesting as I feel like a lot of current holders have strong hands. Take it fwiw currently trading @ 6.72 low for day was 6.60, 200 day mov. avg. sits just under @ 6.51 which should be a very strong floor of support. Have a great day with the hardball and playoffs! -R
One week later, nice support hold @ 200MA with double bottom, trading now @ 7.77 (like that number ;-) just over 15% return from initial post, testing the 50 day MA today (7.75 area) which it has not traded above since 2/19. Short interest remained above 9.5% as of 4/15 so plenty of "toothpaste remaining in the tube to be squeezed". Earnings come out 5/15, if the earnings trend continues on pace from past eight quarters expect this to move up towards 9.50 area. Update on AAPL filled the target gap down at the 385 area and took off from there if you sold the puts or bought the calls down there you're sitting pretty right now, GL with the hardball this week! -R
Reb, ONVO is on the move today. Up almost 10% to 4 bucks a share. There was a nice feature on CBS Sunday morning show yesterday. Hopefully, this will jump start this little gem. Needs a bit more exposure.
Ming, this is pretty tasty stuff if you like liver and onions, article came out last week http://finance.yahoo.com/news/organovo-describes-first-fully-cellular-154500030.html amazing technology. This is the kind of stock nobody wants to park money in until they wake up one day and it's up over 50+%. I have a decent position in it and it's parked for the long term ;-)
In pharmacology, all drugs have two names, a trade name and a generic name.
For example the trade name for Acetaminophen is Tylenol, Ibuprofen is known as Aleve and Advil.
The FDA has been looking for a generic name for Viagra. After careful consideration by a team of government experts, they recently announced that they have settled on the generic name of Mycoxafloppin. Also considered were Mycoxafailin, Mydixadrupin, Dixafix, and of course, Ibepokin.
Pfizer Corporation announced today that Viagra will soon be available in liquid form, and will be marketed by Pepsi-Cola as a power beverage suitable for use as a mixer. It will now be possible for a man to literally pour himself a stiff one. Obviously we can no longer call this a soft drink, and it gives new meaning to 'cocktails', 'highballs', and just a good old-fashioned 'stiff drink'. Pepsi will market the concoction by the name of Mount and Do.
Comments
Hovering at 3.95 now. We'll see
Thanks Reb!
I also made a small play on the LVLEF at.75 cents..You said previously that anything under .90 is a buy. And they reported earnings yesterday too! They made $9 Million bucks! Wow, an gas and energy company under a buck a share, making money?
Thoughts?
Minger, I can't take credit for LVLEF, I believe it was Bet Them Dogs that is on the gas and energy sector. As far as ONVO, did you buy back on the dip to 3.40? If not you may want to diversify a bit into MNKD, it looks like it may have broken out, this is the one that is in Phase III trials for it's innovative delivery system to treat type 2 Diabetes. Again, speculative but high risk high return should it get approved by the FDA. GL going forward.
Surge Energy-- ZPTAF
https://mail.google.com/mail/?shva=1#inbox/13d7e14201526874
And new research on ATXDY--
http://seekingalpha.com/article/1269151-mississippian-pure-play-comparative-valuation-osage-red-fork-and-austex
http://www.austexoil.com/IRM/Company/ShowPage.aspx/PDFs/1451-41773540/DevelopmentDrillingdeliversSignificantReserveUpgrade
http://media.openbriefing.com/resourcefulevents/eog2013/Austex%28AOK%29/AOK_Custom_060313/index.html
do you know anything about these 2 companies? Buys?
http://seekingalpha.com/article/1284821-2-speculative-2-biotech-stocks-insiders-are-buying?source=email_authors_alerts&ifp=0
Thanks
BTD, no have not followed these two but will look into them and get back with you...may be a couple of days, lot going on right now...BOL these next few weeks -R
Yes, I own and have for quite some time...not sure about it getting to $30 but do like it.
http://files.shareholder.com/downloads/AMDA-WAFII/2387323749x0x648033/005cf0ab-6986-4315-afd5-165a019113b9/1207049.pdf
1000000%.... this will not end well
Luckily I have been busy with other things, or Id be getting crushed shorting this market. I put a small postion on today, but irrational exuberance of this rally does not seem to stop.
Ya think? LOL they just never learn.....it's like the term "free markets" is evil or something, just another lot of criminals being cultivated and leading the lemmings to another disaster IMO. Student loan debt is also out of control, that will be the next "forgiveness plan" ...nice way to start your career path, over your head in debt and with higher taxes. They had an opportunity to get the pain out of the way over a period of time but they could not just let that happen...so it will be just that much more painful down the road when the can hits the wall and can't be kicked any further.
"AAPL currently @ 485 area, long term trendline at 470, a breach of this would open up downside target of 380 area to fill a gap left on monthly charts at the end of 2011, point of this is for anyone that was looking at opening a position in apple you may want to wait a bit. One interesting aspect of apple's sell off is that the rest of the market has been holding up rather well to this point, interestingly you could make the argument that the money coming out is actually being rotated into other areas such as the financials and biotechs. Could you imagine the impact of any significant rotation out of bonds into equities, when that happens you will see one of the greatest moves in stocks in history IMO. Apple has been a place where money has been parked as "a safe haven" just like the bond market, in other words, it's been viewed as a place to put the cash while the uncertainty of fiscal cliff, deficits, and politics played itself out as the world goes through its deleveraging phase. Obviously the timing of when this happens is anybody's guess but it sure is something to be watching out for to get in at the early onset."
01-23-2013 03:06 PM
"Has breached this trendline in after market session after their earning announcement, the weekly close is more important and how it gets met when trading opens in the am. but this 10% move down will be painful for a lot of different longs (IRA's, Mutual Funds, 401k's, etc) also the recent buyers that went long may bail also. My guess is at this point this could be a catalyst for the correction that a lot have been waiting for. Very possible for this to target the gap mentioned at 380 now. So would still wait if anyone was thinking of opening a position IMO"
Today:
Apple Breaks Below $400 for First Time Since Dec. 2011
Text Size
Published: Wednesday, 17 Apr 2013 | 12:57 PM ET
Getting close to the 380 price target on AAPL, first breach of 400 should catch some buying here but I still believe it will have a little more down side. However, if you're looking to establish a position anything between 400 and 380 is a good place to start scaling in IMO. You could wait and see how much the final puke out will be but it's getting close, probably one big volume down flush out coming. As far as the others I've mentioned as follows: SNFCA I have re entered a position here @ 7.00 with a p/e of 4.66 a steal for a company that continues to gain market share from the big box banks. MNKD I continue to hold long term, has broken to the 4.00 area and consolidates at that level while the overall market retreats, same for OPK which holds the 7.00 level. ONVO has been basing in the 3.50 area and currently trades between the 50 & 200 day MA. I did enter into a new position on ASTX, really like their pipeline with some very exciting breakthroughs in new antibiotics to handle resistant strain bacteria's such as MRSA. Bought today near the lows at 6.05...GL with the games today! -R
http://www.austexoil.com/IRM/content/default.aspx
For all of you with any money left, be aware of the next expected mergers so that you can get in on the ground floor and make some BIG bucks. Watch for these consolidations in 2013:
1. Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W. R. Grace Co. will merge and become: Hale, Mary, Fuller, Grace.
2. Polygram Records, Warner Bros., and Zesta Crackers join forces and become: Poly, Warner Cracker.
3. 3M will merge with Goodyear and become: MMMGood.
4. Zippo Manufacturing, Audi Motors, Dofasco, and Dakota Mining will merge and become: ZipAudiDoDa.
5. FedEx is expected to join its competitor, UPS, and become: FedUP.
6. Fairchild Electronics and Honeywell Computers will become: Fairwell Honeychild.
7. Grey Poupon and Docker Pants are expected to become: PouponPants.
8. Knotts Berry Farm and the National Organization of Women will become: Knott NOW!
And finally....
9. Victoria 's Secret and Smith & Wesson will merge under the new name: TittyTittyBangBang
Hope some of you picked some up...getting interesting
This one will continue to run, still early imo, up approx. 11% from original post (curr. @ 7.48), initial target is 8.50, ultimate target price is 13.50. Nice bounce off the 200 day mov. avg. the new short interest report should be out tomorrow based on 4/15 settlement. Strass should bring it at home today!
Actually good timing here as this article just came out and really lays it out: http://seekingalpha.com/article/1366001-the-long-case-for-security-national-financial?source=yahoo
One week later, nice support hold @ 200MA with double bottom, trading now @ 7.77 (like that number ;-) just over 15% return from initial post, testing the 50 day MA today (7.75 area) which it has not traded above since 2/19. Short interest remained above 9.5% as of 4/15 so plenty of "toothpaste remaining in the tube to be squeezed". Earnings come out 5/15, if the earnings trend continues on pace from past eight quarters expect this to move up towards 9.50 area. Update on AAPL filled the target gap down at the 385 area and took off from there if you sold the puts or bought the calls down there you're sitting pretty right now, GL with the hardball this week! -R
Thoughts?
In pharmacology, all drugs have two names, a trade name and a generic name.
For example the trade name for Acetaminophen is Tylenol, Ibuprofen is known as Aleve and Advil.
The FDA has been looking for a generic name for Viagra. After careful consideration by a team of government experts, they recently announced that they have settled on the generic name of Mycoxafloppin. Also considered were Mycoxafailin, Mydixadrupin, Dixafix, and of course, Ibepokin.
Pfizer Corporation announced today that Viagra will soon be available in liquid form, and will be marketed by Pepsi-Cola as a power beverage suitable for use as a mixer. It will now be possible for a man to literally pour himself a stiff one. Obviously we can no longer call this a soft drink, and it gives new meaning to 'cocktails', 'highballs', and just a good old-fashioned 'stiff drink'. Pepsi will market the concoction by the name of Mount and Do.
Could that be right? That would put the volume at over 5 times? Is that one seller or a group of sellers at 4.09?
Thanks for your help
Sorry, just saw this minger, right now I show bid 500 @ 4.29.... ask 400 @ 4.34