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Celsion Corp. Message Board

chase07470 3 posts  |  Last Activity: Jan 24, 2014 10:28 AM Member since: Mar 5, 2008
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  • chase07470 by chase07470 Jan 24, 2014 10:28 AM Flag

    Great price, no buyers.

    Shorting more.

  • Reply to

    Is there a good buy-in point?

    by andrewmlyons Jan 22, 2014 5:05 AM
    chase07470 chase07470 Jan 23, 2014 9:06 AM Flag

    Trading has a lot to do with time intervals. The delay enables market forces to push people through their stop loss limits which means the big money gets the best prices.

    The big number here is $3.00. They'll wipe so many oppositions out if they press it through $3 on the downside. The question is whether they will do so or be happy with what they've done already.

    I've got half of my end position on right now and am waiting. Bothering me to not put it on here but prudent to wait. Not much they can possibly do on the downside below $3.

    Agree, this should be and I think will be, a $22 stock in 18 months.

  • chase07470 chase07470 Jan 21, 2014 10:52 AM Flag

    JCP is doomed as evidenced by the cash hemorrhage last year. It has so much working against it at this point. We reached a tipping point where online shopping is hurting retail shopping in a very real way. The number of options, between Kohl's, Target, WalMart are overwhelming when added to the online trend.

    To me, the real clear factor here is Ullman's media blitz when he returned ended up bringing back less than 1% of the business that was lost. The old customer isn't coming back. I do think JCP survives as a brand but with far less stores and a reorganization of the debt.

    Folks, this is what going into bankruptcy looks like and feels like. We had a barely profitable company turned upside down by one guy and then the old guy returned and cut no costs and failed to get the consumer back. Those two things happen and it ends badly. There is no way out, might as well give your money to charity.

CLSN
3.27+0.14(+4.47%)Apr 17 4:00 PMEDT

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