lots sell pressure on this POS Thursday, what with the entire biotec index selling off!
SS Good Ole Reliable Faithful POS CRIS
QUICK! WHILE ITS STILL ABOVE $5 !!
Re: Biotecs may get hit Thursday
Daily Opinion: HOLD
Wednesday's very Bearish (down) bar with below average volume (90% of average) has no significant technical importance.
Short-Term Opinion: HOLD
On a short-term technical basis, the trend is Neutral (sideways) and the stock is above its 50-day moving average at 5.26 which also confirms its Neutral (sideways) trend. The stock is extremely oversold according to the Stochastic indicator (21.16).
Long Term Opinion: HOLD
On a long-term technical basis, the stock (CRIS) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 5.26 and 4.99. If the stock breaks down through support at 5.26 then it will probably continue lower to 4.99. The stock will meet resistance at 5.65 and 6.59. If the stock breaks up through resistance at 5.65 then it will probably continue higher to 6.59. The 200-day moving average is at 4.15. This will also act as support. The stock is neutral according to the Stochastic Indicator (48.58).
CRIS IS UNDER A LOT OF SELL SIDE PRESSURE FOR OVER A WEEK AND A HALF NOW, AS YOU CAN SEE FROM THE ABOVE CHART. HERE'S WHY:
Elan Intends To Sell Up To 2.2 Million Curis Common Shares
Thursday January 29, 5:43 pm ET
WASHINGTON -(Dow Jones)- Elan Corp. intends to sell up to 2.2
million shares of Curis Inc. (NasdaqNM:CRIS - News) common stock,
according to a Schedule 13D filed Thursday with the Securities and
Exchange Commission (News - Websites) .
Elan holds a 6.3% stake in Curis, with beneficial ownership
of 2.6 million common shares.
According to the filing, Elan may elect a director to Curis'
board as long as it holds at least a 5% stake.
Curis, based in Cambridge, Ma., develops products based on
technologies in regenerative medicine.
-By Ben Siegel; Dow Jones Newswires; 202-862-3544
THE PARTNERSHIP WITH WYTHE EXCITEMENT IS OVER, ALMOST 3 MILLION SHARES HAVE BEEN DUMPED, AND - IN THE GRIP OF DOWN MO - ITS ABOUT TO GO SUB $5 - ...AGAIN!
COMBINED WITH THE GENERAL BIOTEC SELL-OFF THURSDAY, THE POS CRIS SHOULD BE A GOOD SHORT CANDIDATE, IMHO, EVEN THOUGH IT IS ON ITS LOWER BOLINGER BAND.
CRIS HAS BEEN A 6-BAGGER SO FAR THIS YEAR, SMART MONEY WILL TAKE THE PROFIT BEFORE IT EVAPORATES IN THE BIOTEC SELL-OFF. THUS, EVEN MORE SELL-SIDE PRESSURE.
WARNING: THE POS CRIS RARELY TRADES BASED ON REASON. CRIS LONGS ARE TRUE FANATICS WHO HAVE BEEN HYPNOTIZED BY PROMISES ABOUT THE FUTRE OF THE SCIENCE. REVENUES ARE FROM ONE-TIME SALES OF PATENT ROYALTIES. THERE IS NO INCOME STREAM. NONE. ITS A "R & D" SHOP WITHOUT THE "D" - JUST THE PROFITLESS "R"
> maybe time to short the POS CRIS again?
> biotec index tanked BIG today after news about FDA-company interactions
Well, well, well Daniel.....thanks for showing your true colors. This mb is fertile ground for you and your "politicos." If you and your pals don't get the feedback you are looking for from this board, try the following boards for political discussions: Hal, Ila, Xon. The DNC hasn't changed their MO.
THE NIGHT OF FEB 4
BEFORE THE DISASTEROUS (OF COURSE!!) EARNINGS REPEORT
<"lots sell pressure on this POS Thursday, what with the entire biotec index selling off!
SS Good Ole Reliable Faithful POS CRIS
QUICK! WHILE ITS STILL ABOVE $5 !!">
YOU HAD TO ACT FAST TO SHORT GOOD OLE RELIABLE FAITHFUL POS CRIS AT THE OPEN THIS AM
YOU BRAIN DEAD IDIOTS ARE SUCH A HOOT!!!
This company will never have positive cash flow
it is head quartered in boston massachusetts
and run by stupid socialist communist idiots who believe that making a profit is a sin
stupid mentally reatrded socialist democrats are no smart enough to create wealth by making a profit in a business enterprise. . .
therefore, they must confiscate your wealth via taxes!!!
they would rather extort your money by confiscatory taxes with the threat of force by the state resulting in your poverty and continued dependance on the state than let somebody smarter than they run the show.
if you are not mentally retarded, then vote republican this november
<<I saw on the sharp toothed profile that he is "off all day Thursday to day trade".>>
Jawz2020 needs the day off for reorientation classes on keeping toilets clean. The later part of the day he attends classes on keeping himself clean. Turning his undies inside out for a double wear, won't cut it.
Excellent post and very eloquent I might add!
I saw on the sharp toothed profile that he is "off all day Thursday to day trade".
Seems to me like he traded his day (trading)job for the Flipper.JMHO
I was howling.....
Best to you,
jawz_2020 you are full of it. How in the world do we believe a basher like yourself who admitted you lost $32000.00 on your cris long. You could say anything, how do we know its true? You dont have two dimes to rub together. You use your moms puter, you live at your moms house. You are a disgrace. You have made short predictions at 1,2, 3, 4, dollars & curis keeps on going higher. Your like the old commercial takes a licking but keeps on ticking. As long as your ticking we will fire missiles at ya to give a licking.
Tell us how long did you stay a day trader before you had to take a real job?
Hmmmm...let's see.....$0.70/sh times 22 shares.....uh......hmmmm.....carry the two......minus x=y......plus commissions......hmm.....oh yeah! Woo Hoo! You killed it man $13 in three days, way to go dude!
Now, like I said, Yes, I would like fries with that!
on the gap down open this am
INTO THE 4's LIKE I TOLD Y'ALL YESTERDAY!!
JAWZ NAILS THE POS CRIS AGAIN!!!
always cover on a gap down open
MADE 70 CENTS PER SHARE FREE MONEY IN LESS THAN 3 DAYS
GOOD OLE RELIABLE FAITHFUL POS CRIS
ALWAYS GOOD FOR FREE MONEY SHORT
ESPECIALLY WITH ELAN DUMPING
ESPECIALLY AFTER BAD NEWS OF MISSING EARNINGS BY 70%
ESPECIALLY WHEN BAD EARNINGS NEWS COMES FOLLOWING 3 WEEKS OF DOWN MO
WILL SHORT THE POS CRIS AGAIN ON THE NEXT GAP UP OPEN