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Exelixis, Inc. Message Board

  • ulingt ulingt Mar 8, 2013 11:11 AM Flag

    Shorting EXCEL, per Nomad

    In late February I had asked you to 'turn off those 'DVR" predictions (telling us we 'should have' shorted because of some drop, when you never did). I challenged you stake a claim, tell us what your charts were telling you, and tell us what to to do. This is your post from 4-25 when Exel was at $4.48. My question is, assuming we did this, and in fact our stop loss was executed at $4.77, (per your suggestion below), how much would we have lost on your trade exactly? Providing a % on the loss would be fine. Thank you. Secondly, what should we do now? I'm trying to avoid that whole buy high sell low strategy BTW..

    from Nomad, 2-25
    Short EXEL

    Low risk play here on the triangle breakdown from Friday. Short here with a stop at $4.75. 800mm market cap is too high. JMHO. GL

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    • $$$$
      Yer wasting yer time.
      Nomad has a proven history of irresponsiveness while in a pout.
      Give him a reason to gloat, and you can't chase him off with a stick.
      Should we revisit the low-$4's...
      .. you'll need an M-1 Abrams tank and a platoon armed with flamethowers to be rid of him.

7.69-0.16(-2.04%)Jun 24 4:00 PMEDT