David Tepper's Appaloosa Fund slashes stakes in AAPL and GOOG and sells of Alibaba and Bank of America.................guess we should sell ours too! I'm keeping mine!
CEO Garo bought 100,000 shars and CFO Ballantyne bought 10,000 shares on 9/25 at $5.03 - $5.05. Seems they must think they made a good investment! Think I'll pick up a few more share on Monday.
Most stocks on my biotech list are up, mostly on low to medium volume and no news. I think there are funds buying in and maybe a little bit of a short squeeze here.
Pickep up a few shares a week or so ago. Seeing nice steady upward move. Next stop $22 then $25 or more. The divvy is icing on this cake. I think OLN could be a good, long-term hold.
I called them and the wait was too long for me to hold. The site came back up a while ago just after a big tree limb fell in my front yard due to some severe wind and rain. At least it didn't cursh my car!
Recent moves upward are welcome but I am deep under water still. Need to get to $3.31 just to break even. Hoping CI can get us there. Expect a lot of selling along the way as little guys like me will be bailing out at their break even just to save their skin.
I'm still slightly in the green on this one, but looking back, should've sold in the 10s. The market for biotech stocks is in the toilet and we are drifting into the swirling oblivion called the sewer. I really need to stop investing in individual stocks and get into a mutual fund. Maybe then I can get a better night's sleep. GLTA
E*Trade shows expected earnings of 0.69 in Q2 2016. This is well above all other quarters which all have negative earnings. Does anyone know why? Would this be the result of some milestone payment or some other event?
So much for all the hype! I'm still down 53%. I need more than a 100% gain to break even. Hopefully, Icahn's involvement will spur a good runup or eventual takeover of the company by people who know what they are doing. They have a couple of good products and, with good marketing in the right markets, could get the company back on track to profits. Probably wishful thinking on my part! Oh the plight of the small retail investor!