The recent price action is similar to what I've seen happen in other small biotechs just before major good news or a buyout is announced. We have a large percentage decline on less than average volume. Very suspicious and I've been buying heavily on the way down. Don't be surprised by a huge gap up in the near future.
I added to my holdings starting at 3.8 today and had another equal order in each nickel down, got filled all the way down to 3.65. This adds to my starter position from yesterday at 3.9
The history of ATRS is to miss by a penny or two, fall the day of earnings, then rebound completely within a couple weeks. This time will be no different. With it's recent approval, ATRS has never been in better shape fundamentally. Shorts will be looking to cover soon, but they won't get my shares below 4.
that's why I bought at end of the day. I've been out of atrs for a while, but when I read all this pessimism on a stock, especially one with recent good news, I get interested.
but my broker has no shares available to short. This #$%$ would be the ideal short -- more debt than cash and chronic quarterly losses. It was pumped up ahead of the forthcoming dilution to try to generate some bagholders, this is just a wonderful short both technically and fundamentally.
happy to break even after waiting months.
The chart shows it has heavy resistance any higher up than today. This will slump back down to 2.4's along with the market correction.
Yes, stronger hands, really. I see you have been holding a losing position for a long time, much longer than I have held my CURRENT long position. I freely admit that I am a trader, not an investor like you, at least not an investor in speculative small biotechs. I have traded ONTY over the years, I remember my first trades in it in the late 1990s. Each of my trades has been profitable and I've never had to hold a position more than a few months. You seem to think it's a badge of honor to hold a losing position for years. I don't agree.
Well, if you are "tired of holding", then just sell at whatever the bid is and don't look back. It would be better for your stock to be in stronger hands anyway. Myself, I prefer to buy low and sell high instead of the other way around.
Ready, willing and more than able to buy lots more if they take back down below 1.6
I notice the amount of decline per day is tapering off when you look at today and the previous 2 days. That tells me it is unlikely to make a new low before springing back up.
Well, I agree about "love me, hate on me, go indifferent, I don't care. I call it as I see it." But I will point out that you are a HYPOCRITE, because when I document what I do or think, you call it "bragging". But when you voice your opinion, you rightly point out "love me, hate on me, go indifferent, I don't care. I call it as I see it." So, when I say in essence "love me, hate on me, go indifferent, I don't care. I call it as I see it" which means if you don't like what I have to say, don't read it, it's still "bragging" and "no one cares", but when you do the same thing, it's "love me, hate on me, go indifferent, I don't care. I call it as I see it", which is why I point out your hypocrisy.
fyi, my gain is more than "ten cents", and all that matters is my percentage gain, not the number of cents. My largest buys in volume were below 1.6, although i originally bought some as high as 2
My overall percentage gain is about 15% on my weighted average, which is the minimum I wanted. Versus my shares bought below 1.6, my gain is over 20% -- that was my original desire and i'm taking some profit now.
I'm not "bragging" and I haven't sold all my shares.
As far as no one caring, I remember getting static for saying it was a huge buy below 1.6
Someone cared enough to bash me when I was buying on the way down, so now I'm showing who was right and who was wrong. If you want to call that bragging, go ahead. I call it recounting history and showing who was right and who was wrong.
I just want to say THANK YOU again to all the idiots who sold me shares below 1.9, especially the stupid institutions who sold below 1.6 because it was SO important to them to window dress their quarter. I hope they think their loss was worth the window dressing.
ONTY may announce Merck is going forward at that time ...
Since, according to you, you shorted hundreds of thousands in the 1.6's, I assume you're now shorting millions when it's 15% above that?
According to it's own posts, it must have something like 100K shares short below today's close. Since announcing a short at 1.63, it has disappeared. Of course these "shorts" are not and never were real, but they if they were they would represent HORRIBLE timing as a trader.