Have to agree with you here. The lack of transparency on the sales figures has me very frustrated. No sense of urgency to add any shares, in fact I lightened up a bit and put some of the proceeds in ABMD when it dropped after great earnings. Also added to ZIOP. Still way long with ONVO, but just don't see any signs of this moving much until some sales figures are disclosed. That being said, with my luck somebody will probably buy us out. GLTA
The HFT program is selling the shares in obtained yesterday in the 2.40's today in the 2.50's. It ups the bid in increments of 100's then sells them in odd lots in the hundreds and thousands..
Well I have to agree to a certain extent. The price is definitely controlled by the HFT program. Today they like the 244 to 247 trading range, which is probably where they programmed it. Not sure about the 5.6 million shares, didn't they trade above this range? Anyway, the HFT program is called manipulation in my book. Just need to trade my trading shares and not keep holding them.
I'm not sure, but truthfully in this market which has been in such a downfall, I wouldn't release any news either. Muted effect at best.
Im still holding all my ONVO core and trading shares. I think we would have been over 4 this week if not for the Hillary comment. Anyway, Do any longs here have any experience with PFF. I own a small position and am waiting to add more on a drop. Problem is, it never really drops. IT is an ETF of preferred stocks and pays a good dividend. Just can't find much wrong with it, Except for the flash crash about a month ago when all the ETF's had to sell to meet the demands, it hasn't really moved much at all. Even that day, it bounced back after the panic.
in the last 7 or 8 years, do we have any long term holders that have experience with this fund in an increasing rate environment. If in fact the Fed does decide to up rates (who knows). F and C management states that the fixed to float feature of most of the funds holdings, reduces the impact of rising interest rates, but I don't have any experience with that. Anybody have any insights? TIA