Wed, Oct 22, 2014, 12:21 AM EDT - U.S. Markets open in 9 hrs 9 mins

Recent

% | $
Quotes you view appear here for quick access.

Savient Pharmaceuticals, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • kg2931 kg2931 Dec 14, 2002 12:37 AM Flag

    BTGC - Once again demargined

    dhohhi,

    You need to follow my previous advice too.

    It amazes me how you jerks that haven't even been vested in ONVI or even on this board for a fraction of the time I have, continue to insult my intelligence and experience by repeating this assertion "oh, you had a chance to sell at $21", your just a complainer, etc., when you've heard me point out before that this damn stock has only traded between $16 - $21 one time in 5 years and then only for about a week! You assholes just love to come off like I just don't "realize" things - you're just superior investors I guess. You ought to take responsibility for your attitude and start listening to someone that's been around over 5 years.

    Besides, my last two posts, which you've been trying to pick on, are only referring to BTGC being demargined with Fidelity every time the stock dips & stays below $4.00. Why don't both of you find something legitimate to gripe about.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • < It amazes me how you jerks that haven't even been vested in ONVI or even on this board for a fraction of the time I have >

      First of all you might want to stick to FACTS! I've been posting on the BTGC board since back in early 1998, almost 4 3/4 years. I believe that IS more than a fraction of the time you have.

      < continue to insult my intelligence and experience by repeating this assertion "oh, you had a chance to sell at $21" >

      I do not try to insult anyone's intelligence. I merely point out FACTS! Stocks do NOT go straight up forever ... investors need to take profits from time to time. You chose not to in 2000 and the end result is you utter profanity on this board and state "BTGC is a piece of shit". BTGC management did not FORCE you to buy their stock and I doubt anyone held a gun to your head not allowing you to sell the stock. FYI, take a look at the 2 year chart below, comparing the NASDAQ and BTGC. They are performing very closely (at this time) versus the market movement in that time frame. BTGC actually outperformed most of the last 2 years relative to the NASDAQ.

      http://finance.yahoo.com/q?s=BTGC&d=c&k=c1&c=^ixic&a=v&p=s&t=2y&l=on&z=m&q=l

      < You assholes just love to come off like I just don't "realize" things - you're just superior investors I guess >

      Again, profanity on your part. Maybe that makes you feel better. Your next 2 posts towards Isnuffy and rad_32 are also of the "attacking" variety. You seem unable, or unwilling, to accept that others discuss what BTGC is doing NOW. As another poster stated "what you paid for the stock is irrelevant". The price today is what is important. I own longer term shares I bought at $5, 7 and 8. In the meantime I've traded the stock quite a bit and made back most of my losses. So maybe that makes me a "superior investor". I accept what's happened and try to make my money back. You likely will wait to see $16 and when it hits that price you'll sell. Many investors exhibit such behavior. They want "to be right" .. and say "see I knew I'd not lose money". Losing $$$ is tough but it's also part of the game of investing. Knowing when to cut your losses and move on.

      < You ought to take responsibility for your attitude and start listening to someone that's been around over 5 years. >

      I'd gladly listen to you if you posted something that was value-added. Profanity, ranting about being demargined, etc. isn't anything I feel anyone gets any value out of.

      By the way I believe you've stated bought 3000 shares at $16, a $48,000 investment. Had you doubled your position dollarwise and bought another $48,000 when BTGC hit $2 (24,000 shares) you'd now have 27,000 shares at a cost of $96,000. That equates to a cost of $3.55 per share. Given that BTGC traded as high as like $4.80 in the past month you could have sold at around $4.50 and made over $25,000. And even today at $3.60 you'd still have some profit.

 
SVNTQ
0.00190.0000(0.00%)May 30 3:56 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.