I have a better question. Why are you a new poster as of today? lol
Anyway, scripts have fallen on a week over week basis before, only to be followed by subsequent large increases.
The bottom line is, I'm not daytrader as I believe the REAL money for retail traders is made by buying a fundamentally undervalued stock and then holding for at least fair value and preferably over a year for a lower tax rate on the gain.
I also believe that the time to buy is when a stock is severely depressed, not when it's ALREADY gone up. But believe it or not, the vast majority of retail traders will only buy a stock that has ALREADY gone up and will sell a stock that is already down and going lower! If you don't believe me, just look at the posts on this message board.
DUSA was a pharmaceutical, dermatology. Change dermatology to injectors and the story is fairly similar to ATRS. By the way, DUSA still exists under that name but now as a division of a larger pharma.
As far as Antares goes, I've got LOTS of dry powder. My limit on any one stock position is 25% of my stock account, but I'm only up to 15% of my account on Antares currently. Antares is the only stock I'm buying right now, it's the only one I know of that is both undervalued fundamentally and very depressed in price -- that's when BUY. If I get up to 25% of my account, I'll liquidate some other stocks to free up cash for yet more ATRS! My other stocks I've held from anywhere 6 months to up to 3 years on another, just because they are still going up and I feel no need to sell them yet. Also, I usually sell nothing without holding at least a year so I can get a lower tax rate!
But the lower ATRS goes, the more attractive it gets to me, and I'll sell some of my longer term holdings to free up cash to buy more, especially starting at the 1.5 mark if they are stupid enough to take it that low!
"They" are likely one person with multiple aliases paid by the hedge fund(s) running this down. He won't stop until his employer tells him to. That won't be until they've finished covering and accumulated shares for the runup. The lower this goes, the greater the bargain it is and the more I buy on my nickel increment down.
"These people" are likely one person with multiple aliases paid by the hedge fund(s) running this down. He won't stop until his employer tells him to. That won't be until they've finished covering and accumulated shares for the runup.
hit 2.00 but I didn't get any there. pls give me 2.00 on Monday! remember, you promised you're going to short it down to 1.5! I expect you to keep that promise!
starting to go green ... better start your mindless posts again, maybe that'll help, lol
And, it was no accident DUSA hit it's lows just before it was acquired. It was an orchestrated take-down, in order to grease the skids for the buyer. I've seen the same scenario play out many times before, and it wouldn't surprise me in the least if something similar happens with ATRS.
Incidentally, there were paid bashers like stink-camry-whogo-daviscrap or whatever other aliases he goes by, on DUSA and other stocks as well. This is all part of the process.
I did the same thing on many other stocks that I felt were undervalued and made a LOT of money on each of them using the same strategy. DUSA was my biggest winner. I started buying in the 6's only to see it fall under 4. I would buy at a set increment down, increasing my buy volume at each increment. Then, after holding shares for more than a year, one day they were bought out at 8.00, which incidentally was imo less than the stock was worth. I've only been in ATRS for less than 5 months, that's short term for me! Nothing has changed in ATRS fundamentals to change my mind that it is worth at least 4.25 currently. Otrexup was never meant to be their main or long term money maker. More profitable products are in the pipeline, products better suited to the injector technology that they have true IP patent protection on.
And, my reason for posting today is to be on RECORD for when it rises past this point in the near future. But at that time I expect stinkfart and camry to magically disappear.
My strategy has ALWAYS worked on multiple stocks. This will bottom and when it starts to rise I may even sell you some shares back higher so you can cover without too bad a hit. By buying increasing volumes as it goes down, I always win. I don't buy on margin and I have the money and time to go the distance.
Well, I can believe that, as a minimum wage worker you don't have the money to any position, long or short. The only other possible reasons you post on here everyday can only be because 1) you're paid to, 2) you are a complete loser whose time is worthless and have absolutely nothing else to do.
Does you meager pay to post here even amount to minimum wage?