Ciao, buddies, gonna go walk my dog in the park. Sorry I gotta go for the day, will miss our chatting so nicely. As I said I never use stops. They dumb. So your machinations wont get any of my long term held stock!! :)
It's been a while.
What? no more constructive information that may determine FRX's FUTURE value?
I dont care what the stock is worth 2 weeks ago or 2 hours ago, I'm interested in my judgement of what it will be over the next 3-6 months?
What are y'all shorts time horizons? 2 hours?
Am I screwing with your objectives (short's) yet by putting out useful info?
Up over last 3 weeks. Up $2.08 last week.
STILL higher than where it started last week. As I see it shorts are having difficulty moving below the $36-$38 BOTTOM that I called a few weeks ago.
Am I interfering with your objectives, I hope so. But, at least I'm doing it constructively by sharing useful public information relevant to FRX's value.
Apparently longs are all day dreaming. In a huge up day, FRX still lost ground. It keeps going down for 6 days in a row and counting.
The volume is low, which actually is a very bad thing. It means there's no buy interest at all.
A lot of people misunderstand the volume thing. For a rising stock, on a down day, if the volume is low, it is a good thing. However, for a declining stock, for example, FRX, on a down day, if the volume is low, it is a bad thing. The only explanation is that the buyers are new to the stock and want to bottom fishing.
They haven't suffered enough yet. Once their stop loss is reached, there will another huge wave of price drop.
FRX's earning will NOT drive this stock up. If their earning is good, it doesn't matter because the concern is their long term pipeline.
If their earning is bad, the share price will take a nose dive because of the combination of short term and long term issues.
So this is a no-win situation. I don't think any smart person wants to bet in this situation.
Be smart and you got to love it !!!
You're also VERY WRONG about the pipeline. Improving greatly with progressing documentation and testing, and info very soon will be positive. That's the whole bet about longer term investing in DRUG DEVELOPMENT! A concept you ignore
so are you crappy shorts, who offer nothing but coersion's to emotional investing/trading, with nothing but self assertive statements about your positions. My information has more than doubled my money since Jan 1st!!
And for the rest of the year FRX is an part of continuing that trend, including the 3 grand I made in an hour holding POZN!
Also the timing of your negative comments correlate highly to the low points for the day. As I said this hit BOTTOM 9 weeks ago. No long term benefit here for the shorts, just daily manipulation and emotional trading programs designed by behaviorial scientists, only relavent number is where it finishes for the day, and over the past 3 weeks they be going UPtrend.