I think you are correct! Good catch and explanation. It must be from the acquisition. I still think we should rebound off these silly lows ($2ish range). Darn...idix, aria,even dndn have all bounced off of November/December lows...especially idix and aria. We are due. Fold is just too cheap and has this huge short position and low float. I keep buying near 2ish but I am running low on funds. Will have to just sit tight with what I have pretty soon:)
renegade5063 - I think that just reflects the Callidus transaction - Hung was previously chief scientist there and presumably one of the principal shareholders. The filing is a statement of ownership so if I'm interpreting it right he (?) didn't put out any additional cash outlay - he exchanged his Callidus equity for FOLD equity. nothing wrong with that but IMHO that isn't a traditional purchase - it just reflects that he was paid for Callidus in FOLD stock
hung (insider) snuck in a major purchase Dec 2. Give it time to run. Too many insiders own stock here and a lot of it. Very large short position too. No guarantee but when (if) this one runs it will be fast and furious. I am slowly building my position each week in fragments. My hold duration is 3-6 months from here and longer depending on events between now and spring 2014.
Word of advice. NEVER listen to seeking alpha, I wouldn't even read their articles. You are better off just flipping a coin on a decision to buy or sell a stock versus one of their writers opinions.
well I just read this thread and I have to agree solarmelt is Dope... probably will be buying FOLD... would love to get it at 2.00 like GSK recently ,
Too bad you didn't listen to me son. Remember I said this will go up to $2.60 real quick? Well we only have 0.15 cents left to go. I bet you shorted this you stock trading clown. You are ridiculous man. I like how I got thumbs downs on my others posts which turned out to be right.
not too late to buy back in. If I assume you exited yesterday or today then you maybe lose a dime or quarter for potential. Not that big of a deal. I loaded the boat at $2.10 and wish I added at $1.90's...I watched but did not add. Oh well. Still time and if Friday (not really, Monday is better) it shows momentum still I will probably add big and help fuel the rally. Fueling a rally can be lucrative if indeed it is an authentic rally and not a pump-dump.
Sentiment: Strong Buy
I was scared into selling my shares. Should have listened to myself. Seems like everyone that gets me thinking differently is a terrible trader that knows nothing about the market. Figure since some of these people trade for a living they have to be right sometime? Not my experience. I'm a amateur and I make better calls than what I see other people calling.