I agree with you. Not that I have a lot of shares (3000 Core + 1000-2000 I trade) but I sold 1000 today at $4.10. I am trying to get back in around $3.95. Did not get there today after I sold but it may Monday morning prior to conference call.
The only argument you get from me about $6.70 is when it is going to happen....today is not the day. Today it keeps inching closer to the $6.25 I am hoping for. :-)
The subpoena may mean nothing. Do we know what triggered the anti-trust investigation? It is always possible that Ward, being #$%$ he was removed from his golden egg, contacted a few of his buddies to get the investigation launched. His sole purpose in doing so would be to cause Sandridge problems and cost them money and time in dealing with the subpoena. Just a thought.
I do not think it is going to matter what earnings are and what is said on CC. The MM's have this stock set up to take a major dive. My belief is that this is going to new lows over the next month or two before it starts a climb back up. I have sold 42% of my position in the last week and was trying to sell another 28% but did not want to take a small loss on it......as it turns out, a bad call on my part. The $200 loss yesterday is a whole lot better than the $1400 I am looking at today. That is just my JMHO.
You don't...you tell him what a great job he has done and then you inform him that the raise you would have normally given him you are giving to a homeless person as your effort to help in redistributing the wealth like Obama wants.
True but that does not mean the stock will not drop after earnings even if they are good. SD ran up over 20%, hitting a high of $6.96 prior to the last earnings on Nov 5 and then promptly dropped down to a low of $5.26 even though earnings beat and outlook was positive. It has come back since then to its current price of around $6.60. Point I am making is that the high debt HK carries may be a bigger issue to investors even if earnings and outlook are positive.
What provable science? Theories maybe but not proven. Science "proves" theories until it doesn't. Science believed to be fact 50 years ago has been replaced with new theories now believed to be fact today...of course that is until someone knew comes along with a new theory that disproves a previous theory. The "evolution theory" is a theory that has not been proven by science or anything else. There has been no discovery of fossils that show unequivocally evolution is a fact. Look I do not care what you believe. You have that freedom. But to refer to those who believe in God as ignorant implying that you are of "superior intelligence" makes you small minded and elitist.
Anyone who believes in the evolution theory has to have greater faith than those of us who believe in an all powerful God. Seriously, how much faith do you have to have to believe in a theory where something came from nothing? That from thin air the universe was created? That from the the "big bang" a singular one cell Amoeba magically appeared and from that one cell all of life as we know today "evolved" over the course of billions of years into the tens of thousands of animals and plants that we have today? That from the "big bang" the sun was created and situated at the perfect distance from earth so as not to freeze us or bake us? Yeah, that does not take a big leap of faith does it?
Ever since they made the "upgrades" to the website it has sucked. Lagging on quotes, lagging on updating highs and lows for the day, etc. Sometimes it works, sometimes not.
Does anyone else on this message board who owns IPCI also owns MSTX? If so do you see a double within the next year like I do? I own 3000 shares of each. Got into IPCI at $2 originally (sold to early on the initial run up, current average is $3.75) and I just recently bought into MSTX at $ .84. Looking at MSTX cash position as well as what they have in the pipeline I think MSTX is an easy double and maybe a triple from where it is currently at by year end.
You realize that the sale of the ATM offering is not automatic and that it is controlled by IPCI management and not by Roth, right? So unless IPCI thinks they need cash there will be no sale of stock. If IPCI decides they need cash and the current stock price is acceptable then they can authorize the sale of blocks of shares and do not have to issue 100%. Your constant whining that Roth is selling and keeping the price down is tiring and totally wrong. I seriously doubt even one share of the ATM offering has been sold.
Not necessarily. Last Friday closed at $6.06 and then Monday it hit $6.10. It has since bounced mainly between $5.90 and $6.05 although it did go as low #$%$80. I think it will keep doing that for at least another week or two.