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Verizon Communications Inc. Message Board

boondogglersbeware 4 posts  |  Last Activity: Dec 18, 2014 9:05 AM Member since: Jun 15, 2005
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  • Reply to

    Question for everyone

    by gornakhikyan Dec 17, 2014 5:18 PM
    boondogglersbeware boondogglersbeware Dec 18, 2014 9:05 AM Flag

    CPRX doesn't trade based on results/milestones. It trades in a sideways range with low volume for months on end, then a sponsored article is published that allows funds to spike volume and trade to the upside/downside for a couple of days. They make their profit on whichever side they pushed the price, then they get out and the sideways low volume trading returns for months until the next such event. If you look back historically on CPRX, the results/milestones don't really do anything to push and keep the share prices higher or lower.

  • boondogglersbeware by boondogglersbeware Nov 4, 2014 8:58 AM Flag

    most of the price action for CPRX occurs on heavier volume between the open and 11 AM ET. If the volume is trending it lower, ride it lower for the first part of the day and then get out with whatever is gained. From there the volume normally goes back down until the last hour of the day. These moves are the best way to get day to day gains from this stock, regardless of what your overall long position might be.

  • boondogglersbeware boondogglersbeware Oct 23, 2014 12:14 PM Flag

    your observation is exactly why I read the board when I want a chuckle. clearly the day to day operations of CPRX makes no difference in the PPS. the stock floats up and down in a channel 90% of the time, and people get excited when it goes up or goes down, on little volume. then when there's a sponsored article and/or funds decide to make a quick buck they spike the volume and move it whichever way they intend to make their cash and then get out. then the volume returns to a trickle and the PPS goes back into the channel until the next manipulation. I just can't figure out if the nickel/dimers on the board actually think they're investing or gambling and hoping or what. personally I just take what the manipulation gives me. volume spikes, i either buy or sell short depending on which way the funds are pushing it, and then I get out the same day. The funds get in earlier and out later so they make more on the move they create, but at least I get to ride the bus for SOME gains. fighting the fund trend is impossible, and 'investing' in a microcap biotech based on fundamentals or future earnings hopes simply doesn't follow the logic of microcap manipulation.

  • boondogglersbeware by boondogglersbeware Oct 2, 2014 11:40 AM Flag

    Volume uptick in anticipation for results and then a huge volume uptick on sponsored article, play has always been to jump on board with funds while volume is up, then as volume peters to previous levels the shares go into sideways mode awaiting next event/article/volume increase. I still have core position and have left that to do what it will do, but I've traded around the predictability for going on 15 months now, adding more shares each time via profits from the last round and then systematically shaving profits out to cash as the positions get ridiculous. The result has been real cash in my pocket, a very happy tax man at the end of the year, and a position that no longer hurts if it goes to zero but could wake me up one morning in a few years with another fine nest egg to hatch.

VZ
47.02-0.03(-0.06%)Dec 19 4:01 PMEST

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