Why do you need to post proof of your purchase? Just share your knowledge of investing. You don't need to proof anything to anyone.
I'm shocked that you think the guy is sane.lol
But not as shocked as I was the other day when I read that someone was taking his advice to buy a #$%$ penny stock in phm.v. Just fricken incredible!!
Lastly, I'm shocked that he is allowed anywhere near a computer to interface with this board.
Dude, never buy a stock that you know nothing of and without fundamentals that you can map out. If you are ever going to buy/gamble, do not spend more than 20% of your portfolio on it.
Yes, PHM.V may turn into $20 stock tomorrow. But for all that it is worth, I would never touch anything recommended by Ade. If he buys AAPL tomorrow, I would sell all my position in the stock. Be careful!
Mentality of bashers astound me. A stock just got approved and subsequently tanked which to anyone with size of fish's brain would know that is an opportunity with dilution being the only risk left on the table. Especially with the low market cap.
You really have to wonder how people really function. No wonder the gap between the poor and rich keeps getting wider.
Yeah, but what is wrong with your message is that you speak with absolutes that is mainly pointing the the downside when in actual fact you nor anyone else have any idea of what Hedge Funds want.
Yes, everybody knows who own the market. I think that's besides the point here given the low float of ETRM. If we start talking about what hedge funds want, how could we ever invest in anything? Then we would be dealing with subjective 50/50 hypothesis of what some boogeyman wants.
I was thinking just that. Calling for patience for a device that just got approved? FDA approval is literally the biggest catalyst to ever happen to the company yet we are now expected to wait for earnings? I fully and wholeheartedly hope that he's wrong.
I somehow doubt that you would be able to ignore him, Inns. How else would you get your daily dose of satirical entertainment on the board?
I'm looking at that differently. Why would a company with value be $0.40? Then sell for 4 x times that. That shows me that Mark is completely clueless in running a commercial company and enhancing value.
I hope he sells ETRM before tanking the stock further.
McLain, Sguceri, I don't there's much that SEC can do. 65% of trades made in Wall Street are by algorithm based. That means more or less every single stock is prone to high level of manipulation. They are detached from real world.
SEC slapped UBS with $14m fine earlier this week for using dark trades. Wha tha f is $14m to UBS? That's the kind of world we live in now unfortunately.
I tried liking your post, Svglad, but ipad got annoying.
I'm not exactly sure people are disliking your post. I guess they don't agree with what you said when in actual fact that is exactly what's going on.
Shareholders are getting slaughtered and there is no word from management on their plans. They have been cautious as they put it yesterday. Caution about what exactly, especially after AdCom. They were not cautious in rewarding themselves with bonus but cautious in actually planning how to market the product in a convincing manner.
The call yesterday kept talking about the benefits of VBLOC. Like wooow... We f'in get it!!!!! Tell us about how you plan on commercializing it and the answer was largely muted, repeatitive of jazz then call was over. Weirdest post FDA call in a while for me.
I filed a new order about 5minutes ago for block of 10k shares.
Why would I do that after my disenfranchisement with this stock and the management of ETRM? Well, because I figured something is definitely cooking here. From the height of $2.05 after the approval, it has lost about 40% which still doesn't make any sense to me. That just doesn't make sense to me. And if it doesn't make much sense, then there's gotta be an opportunity here somewhere. There has to be!
Also, the immediate risk is gone at this point. Well, except if they go for dilution which would make management bunch of lying #$%$ for insisting they have enough cash in reserve in form $12m. That isn't much when you want to hit production in my book but we digress!
Anyway, I'm taking out a new block testing the water. I actually feel sorry for myself at this point. Lol
You are unbelievable, Ade. You will continue to rationalize until you have no breath left in you. I can't believe you are still referring to $12 and suggesting it would have opened at that price. My goodness! You are seriously as stupid as they come.
" I wonder its because they did not want to reveal too much or just did not have plan"
In the book - The Great Investors; Benjamin Graham warned against that very line of thinking. His perception was that any management that hides information from shareholders in the name of preserving intellectual property is not a good management team. And that shareholders should be wary of such team.
Transparency when it comes to dealing with Shareholders is the absolute best policy.
I don't think they care for shareholders. If they did, big raise after AdCom should not have been their priority. The priority should have been commercialization of the device to return value to shareholders after approval.