Today sure was annoying to say the least. Hopefully there were lots of people on this board who took advantage of the days sale and hopefully longs didn't get hurt today with forced sales or panic sales. As I posted previously, today's cc had some fantastic information in it. Mr Market doesn't want to give us any value for long term potential and that is ok. We know we have a gem on our hands and if it takes a while longer to realize full price for our potential, so be it. Somehow I have to learn to pull myself away from the minute to minute movements and get away from watching it so closely. I know it will not happen for me but I can hope LOL.
GLTA and I still stand by my beginning of year prediction that we will have a higher return for Curis in 2012 than we did in 2011. There is way too much potential for this to stay down for much longer IMO.
"As I posted previously, today's cc had some fantastic information in it. Mr Market doesn't want to give us any value for long term potential and that is ok. We know we have a gem on our hands and if it takes a while longer to realize full price for our potential, so be it."
Im afraid we live in the CNBC-Cramer market era where shortsellers in conjunction with the big brokers, hedgefunds, and investment banks can obliterate any stockprice anytime, anywhere , anyhow they want. Liquidity is king, financial media is a whore, and the SEC is a moronic joke. In todays market you need to buy with cash, an hold until you can realize the true worth. You are right there is no value given here to the high odds of success potential. As Cramer says when reality doesnt meet your expectations.... you simply create a new reality with the help of your wallsteet buddies.
DITTO - The more I listened the more I relaxed but should have bought more at the low end and sold those at the end of the day - We now wait for Europe or new news and by the end of 2012 Erivedge sales /royalties should turn Curis to a plus EPS - you note I am sure the new voices trying to scare the longs - the truth is they art the ones that are scared!
dd - was thinking the same thing...would have been a great day to have a nine to five job with no computer access. Would have come home happy to see a rise in price without suffering through any of the gruesome, trading minutia.