Here's a simple thought. Last year - ARNA (Arena Pharma) with only 1 questionable weight loss drug in the pipeline rose 6 fold from $2 up to $$12+ prior to approval giving the company a market cap well over 2 Billion at that time. Ampio which has more than 1 potential blockbuster drug is far too cheap at this price. If AMPE rose the equivalent of ARNA, with an equal market cap it would trade north of $50.... The shorts are in for a rude awakening soon. I would not want to be short this stock as your max gain is $6 but your loss could be unlimited. With 4.5 million shares short and a very small stock float, investors will be tripping over themselves to cover.
you are right. It appears that Seeking Alpha and all their criminal short selling authors are in cahoots with each other to remove any positive articles. I'm sure if the article was negative it would have stuck.
SLV almost near it's June lows and SLW not even close to the lows. Interesting. Either SLW will accelerate to the downsinde or SLV is double bottoming? My charts however say much lower for both.
How can SLW be up when SLV is down 1%? Big divergence here and either SLV is going to catch up and go higher or SLW is going to go down fast? I'm betting the latter. What are everyones thoughts on this board?
I realize that. WYNN - Upgrade and LVS Downgrade. Figures, I have 450 June Call Options and WYNN gets the F/U/C/K/I/N/G upgrade today. God for bid it get's over $50.00 when we have a little momentum build yesterday. I am so sick of this stock.
What's the deal with this stock? It can not sustain any momentum.... It was at 48.80 this morning and flat to slightly positive when the market was down and now down when the market is up?
Does anyone see SHLD reaching 55-60 on a short term bounce before it starts falling again? It looks oversold at these levels, but the stock acted very weak today on a strong tape.
I noticed that as well. It's been like that for three days now. Also, it looks like IWM is being manipulated. RUT down .86% and IWM is only down .60%
1/2% in one day for TZA and 1% for TNA? That seems excessive. Don't you agree?
Does anyone have an explanation for this?
Ok - Last week I bought 200 August Expiration 45 Calls for $2.60 and sold last week the 46's and collected .25 cents. Today I sold the 48's and collected .85 cents and now I wish I had not since this may run straight to the 50's without looking back. Do I cover the 48's or wait for a pullback to 48 by Friday and hope the weekly's expire worthless. There is an outside chance the markets are still skittish about the debt ceiling and the market sells off hard and LVS comes down a little bit or maybe some profit taking at the open to suck the volatility out of the weekly calls before making it run higher. I would like to know what some of you would do. Either way, I am up significantly, but I should have went for the home run. It's tough to do that when you have been burned 3 times in a row by LVS at the earnings so I hedged. Please advise.