Janet, I believe it was on CNBC the other day, where Oblama said he was one of the greatest presidents for having an economy recover under him.
In fact they said he is the first president to NEVER have at least 3% GDP at least one year under (2) 4 year terms. His best year was 2.5% GDP, I believe that was 2 years ago.
2.5% was his best, yet the bozo's in DC keep telling him how great he is, and he is so arrogant that he believes it.
His great legacy will be doubling the debt.
Good Luck, hopefully we go higher from here.
Janet, Unfortunately the whole stupid market took and end of day dive.
I decided to work go work on the pool during the last hour of trading and came back in later and wondered what happened.
They said inCNBC that the late day pullback was because of oil.
We may have several more days of this until either oil stabilzes again or the market disconnects from oil.
At the time I am writing this Asia is taking another big crp for who knows what stupid reason.
Wallstreet was going to beat the crp out of the market if the FED would have went ahead with there measely .25% rate hike.
They did not go ahead with the rate hike so the market went up, and like I said it pulled back because of oil.
This stock market is ridiculous and #$%$.
Even with out that ability to do 2 things at 1 time, he still thinks very highly of himself.
Still amazes me how the regular media still loves him.
FOX used to be the only network to say how stupid everything he does is.
A few more are now sometimes on board, but FOX is till the 1 shouting about his stupidity.
This was a nice day, but the typical computer bs in the afternoon.
I thought briefly about selling and then rebuy at EOD but decided not to take the chance.
I would hate to have it take off on me playing that game.
If this keeps going hopefully we are at 10 soon. Hope I am not dreaming too much
Dutch you always speak with wisdom, and give great posts.
It started to look like a market pull back was not going to affect us, and now the crppy market has pulled us back some what.
More crppy market days are ahead, BUT we can only watch and see what it does here.
We have started to turn around, and sooner or later we really get going.
The sooner is getting closer all the time.
An EU partner will make that happen, or possibly some other really good news.
I still think the B.O.is more in the future than just a few months.
The more we slowly go up, the more its worth later on B.O.
GLTA longs, and DUTCH keep up the great posts
Options end today, and they point to 6.
Where we end today who knows, hopefully in the 6's.
Also Kerx speaks Tuesday afternoon at the JMP conference at 1:30 ET.
They have yet to drop a bomb during one of these conferences, but since we are in June you never know if they drop some type of positive catalyst.
I am not talking buy out. I still think EU partner first and later the buy out. If we get a nice catalyst like that to get the price up much higher, and then sell may be to that partner 6 months or a year later.
We get a lot more per share.
If I am wrong, and the buy out happens soon, then I take my profits and look elsewhere to invest.
Either way we win.
Sentiment: Strong Buy
Big Jake this morning after the open from 8:35-8:50 made me nervous. I saw the xbi go red, and we bounced off 5.37,5.39 several times. I almost sold. I thought here we go again they are going to slaughter us. I took several deep breaths, and watched, and then BOOM off we went.
Support has been slowly going up, and once we break thru 5.80 we go to 6's.
Its hard not to forget the last couple of years, but it is finally starting to look good-I think.
I still feel our first nice catalyst is an EU partner, and we get going. I used to think the BO was around the corner, but now I feel that the EU partner very well could be the buyer, but may be they partner up, and test the waters, and then when everything goes well- BAM out of no where the BO happens.
Curios on your thoughts about this.
I would like to be the one to thank you for asking intelligent questions at the meeting, and relaying there answers.
Can I give you 2 thumbs up for being a vet.
You have every right to be disgusted on so many subjects.
Every chance the libs get they throw out gun control comments.
It does not look good when he just both the weapons 12 days ago, especially when the FBI has been watching him.
Its not the guns, its the system that needs to be fixed. That person should not have been allowed to buy them.
Anyway KUDO'S to you VETS.
And now back to Kerx, lets get back up above 6
Good point on the shorty margin call-I like it.
Hopefully tomorrow that pushes us over 7, and maybe over 8.
Today has been a long time coming.
Options point to 6.
With 15 mins to go in trading will probably hold 6, but I never underestimate the power of the computer to beat the crp out of any stock at any time, especially here.
As I stated elsewhere, the JMP conference is Tues. at 1:30 ET.
They have yet to drop a bomb during a conference but who knows if they ever have some type of good news and deliver that news during one of these conferences.
Not trying to start speculation since they have yet to do that, but every conference I always wonder if they have a bomb to drop and off we go.
Sentiment: Strong Buy
Sorry for the loss in your family.
Thanks for always keeping us updated.
Everything looks good for us to get going some day.
At least we are out of the 3's, and 4's
Janet, 3 hings.
1.Somedays lately we have actually held the high or clsed close to it.
2. As Dapoop has said in another post he spotted a gap between 6.21 and 6.30.
We have to respect the power of the gap, so we probably will see pull a slightl pullback.
3. That leads to #3. A totally bs article out from the fool late this afternoon, written by a fool,
trying to disclaim this run up.
Tomorrow will be interesting.
I said the same thing, I saw it in the 6.90's and was hoping we would break 7.
I was seriously thinking about selling several mins into the open but we were holding in the 6.50's, and I can live with that.
At this writing we are already bouncing back(for now) and almost to 6.50.
There are days when its not worth playing the game trying to make a little extra.
I have been so busy with work lately that I have not done anything except enjoying the slow uptick.
Lets see where we end today.
I do see your point, especially with the length of time its taking to get this partner.
The future will tell.
At least we are finally going up.
2.91 million shares today. I have to guess that a few shorts covered today.
I am a little surprised that there was not more covering, but may be the crppy market made some dig there heels in.
Hopefully they regret that next week.
Have a god weekend
Sadie now that we are on a roll, and have definitely shown strength to stay above 4, and 5.
You would have to think that the funds that had to sell when we broke that 5, and 4 levels, will now be buying back.
Hopefully we have strength to stay in the 7's, and continue our move up.
Next week will be interesting with the S&P at all time highs.
Everytime we get up here the market pulls back. Next week start earnings, so who knows where next week goes.
On the other hand we have shown strength lately on bad days to hold or minimally drop.
Unfortunately that may put a hold on our run up. Not thinking negative towards KERX, just
not trusting this goofy market.
Thanks for the response, and hopefully the dark days are behind us.
Once we get a little higher, I will be more confident that we will keep going up.
Not being negative, just cant get the bad days out of my head.
At least we are going in the right direction.
Slow and up is a better chance of holding most of the gains for the day, instead of up a dollar or close to that, and then the pull back.
Unless you sell and rebuyt like Dapoop did the other day.
I almost pulled the trigger but didn't, should of.
Hopefully in the next day or 2, we break 5.80 and get into the 6's.
Good Luck, and God Bless