This is not true. Directors and officers who owned shares were were subject to the same proration as everybody else.
Bottom Line Higgins is betting 225 million that LGND will be substantially higher.
The Priest thinks that the money will bale out Lamberts fund because of their friendship.
Thats pretty far fetched.
In the end LGND must sequentially raise their revenue quarter by quarter to get the price back to where it was. Higgins in effect will reduce the float even more with the by back....combined with revenue growth. That should move LGND in a hurry. Its so thinly treaded ...reducing the float would only thin out the trading more
I've traded these pennies for a long time with Microvision. the pennies add up.
I have said it before and I'll say it again, I have no interest whatsoever in trying to hit a home run. I don't try and time the bottom or the top. When I trade I first give myself a time line then a target price. Always in that order. I don't mind taking a small loss on a trade if it means I keep my time line intact. I can always trade again and make any loss back.
My original post spoke of a 7 to 10 day time line and that I would "sell in to any strength over $2.05". That's exactly what I did. But, the pop was over so quickly that I only sold the 12K shares. But I'm OK with that. I'm still within my time line, I reduced my outlay a little and I have a significant enough number of shares that I might make a few dollars next week. I'm happy enough. But here's the part that a lot of people don't understand.
If I have to sell at a loss and the stock corrected itself down to $1.65 or so, I would sell all my shares as soon as it dropped below $1.80 and I'd take a loss. But with the money I got I'd buy a bigger number of shares at a lower price and gain back any loss on the way back up and if the selling pressure was heavy I'd also short sell in to the decline and make money that way too. So my loss would only be a short term loss and I'd still end up with which to play. I truly enjoy this game. Like others like going to Las Vegas but playing this game you can stack the odds in your own favor.
We still have approx. 43.9 million short shares to add fuel to the fire !!!! I am sure they were covering this week; however everyone trying to predict the exact bottom so get ready for the jerk up.
I agree at the end of the day it appeared someone or a number of investors were accumulating shares. Hopefully this continues and the price should be closer to $7 or even $8 at this time. Once Organovo announces the sale of their liver product I expect the stock to hit at least $10 and maybe even $15. Actually I hope I am WRONG AND IT GOES TO $30. The sky is truly the limit.
Everything I read about Organovo says they are the market leader in this segment.
Organ manufacturing is still years away.
it looks like a lot as Marissa dumped MILLIONS of dollars worth of stock moments before it started collapsing and has given herself a way to repurchase those shares.
I am watching the Jan 18. The Mar 18's have been great. SHLD has been so volatile. This Canadian sale announcement to raise cash has propped it up for the time being,. I am hoping for another gain of ~1.5 to buy Jan 18s.
Now you may think I am crazy! Which I may be.. Disliked DSX profusely couple of mths ago.. Keep this in mind.. DSX has 20 Panamax.. And little over 2 mths ago.. Spot rates for Panys dropped to $3.3K per day.. Now, all of a sudden, I can see lot of potential and sort of like it? Yea crazy! But since then.. Rates for Panys been going up..In last 3 days. Have jumped about $500. per day..Now spot rates back over $7100. per day... Hell I ain't got a clue as to what rates are really going to do.. But take my word for it.. The so called experts, don't have a clue either.. But make a mental note! Bulkers didn't react much to when rates were falling.. Now 2 mths later, have reacted, the way, they should have 2 mths ago.. Now rates are going up.. And instead of stk prices going up, they are going down? Could 2 mths from now! Well hopefully you got the picture? Now I still expect 3rd qtr results to be bad.. But If rates for bulkers, continue up?? You figure out the rest? People may be bailing on 3rd qtr results.. With blue skys ahead?? All I can tell you, is keep an eye on what BDI is doing.. And what DSX is getting their bulkers leased at... And at no time pay attention to what Drys is doing.. Oil prices and Orig, are going to BK Drys... Only asset they own, not mortgaged to the hilt is Orig stk they own.. And oil prices are dropping. And Orig stk is dropping bad! I think Drys is way past worthless? That puts DSX in hell of a position.. If figures they reprt are correct?
bigred is an idiot short living in his mothers basement .. just click ignore
Sentiment: Strong Buy
indeed. how can we trust someone that flips positions on a daily basis? I remember six months ago when mu was doing great he was all about it. Apparently he had a change of heart. Monday will come out and he will be long again. He is a entertainer that looks backward.
Sentiment: Strong Buy
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Would not have given up so soon....I think better to "nibble" (buy more) at these prices & lower....but best of luck to you....if you DO sell now & buy back at $4.50, then you only need it back to this level to come out ahead overall....May Allah be merciful on us all...
What is the difference between claiming God created the Earth and claiming Earth was created from a big bang? For a scientist like you, aren't they both theories? You have nothing.