And here's my analysis: Voltari is fully derisked. No money problems ever again. Meanwhile, Icahn starts feeding it contracts from his outrageously substantial holdings - hundreds of advertising contracts from major enterprise. Even without considering the new business model supported and unlimited networking, the stock is good for $8+, just on technical indicators. But, just one contract from Apple of Netflix, or anywhere in Icahn's sphere of influence, and Voltari spikes to $15... and that would be just the beginning. So, go ahead and short this position. More suckers = more $.
i can't really give you advice. In hindsight you could have covered today in the $5.80s range, very briefly. My feeling is the stock will rally again on Monday because of the strong close today... i also think the stock could rise significantly from here over time. Unlike many of the trolls on this board, i wouldn't make specific short term predictions but, In my opinion, this was the wrong stock to short; there are plenty of good short plays in this market ~ VLTC isn't one of them.
Last night I heard from a buddy who works for Hanwha . He says the company is extremely focused on its solar division - he calls it "Hanwha Kyucel". New engineering teams have popped combining chemicals and solar. He used the word "synergy" a lot - t all sounded really enthusiastic. Not much in the way of specifics, but no question Hanwha Group is highly committed to expanding the solar energy division.
Where do guys like you come from? NASDAQ cannot allow a secondary offering at 0.75 ($1 rule). You can't possibly be trading stocks without knowing that, can you?
“This one is a little bit uncomfortable. This is a two-year chart. And it shows the two years leading up to the 1929 crash of the stock market… It is almost exact,” Glenn said. “And the good news is, we’re just at the place now where it’s going to come down rapidly. No, but the good news is, you know, we’ve got probably six or eight months before it would crash or not crash.”
Glen Beck ~ Feb, 2014
You can spin it any way you like, but VLTC is now an IEP (Icahn) company, and those companies don't usually have to dilute to stay above water. In a way, it was an advertising company that got me involved in trading in the first place, I was living in Korea, and i bought a few thousand shares of Cheil Communications, because Samsung owned it, and i reckoned any advert company owned by Samsung is likely to grow. I bought it for a nickel and sold it a few years later for a bill. Today, Cheil is the world's 10th largest advertisingbusiness with revenues of over $2B ~ i sold it too soon, but the money i made from that one trade is the capital i used to trade again.
Advertising is a unique enterprise because it spans all sectors. Icahn apparently wanted an advertising company and bought one at bargain basement pricing. Now we'll just wait and see what he does with it.
Don't want to rain on your parade, cuz TVIX has one good day for every 20 bad ones, but this wasn't much of a dip; you might get something better in May... and one good day, once a month, is better than none. The only "TVIX longs" in the money are those who bought this week, and that isn't very long at all. Makes no difference to me ~ the higher TVIX goes, the more lucrative my daily shorting opportunities become.
the article is dated today:
BEDMINSTER, NJ and DUBLIN, IRELAND -- (Marketwired) -- 03/16/15 --
Study Shows Unique Protection of Small Dense LDL From Oxidative Damage That Results in Endothelial Cell Benefits
Amarin Corporation Plc (NASDAQ: AMRN) announced today the presentation of findings from a new in vitro study showing that pretreatment with eicosapentaenoic acid (EPA), an omega-3 fatty acid, reduced oxidation of small dense LDL (sdLDL) and resulted in improved endothelial function when compared to other triglyceride (TG)-lowering agents, including fenofibrates, niacin and gemfibrozil. The research was presented today at a peer-reviewed poster session at the American College of Cardiology Scientific Session in San Diego, California.
No more thumbs down. I am a very sensitive man with serious self esteem issues, and it hurts my feelings. That said, TVIX long is a major sucker play. You should be ashamed of yourselves for squandering money that way.
Look at the chart - set it from March 31 to present. You'll see three very distinct rallies, each one followed by a plateau where it consolidates for a day or two, then rallies again. During consolidation it runs pretty much flat, doesn't give anything back. That's why i was laughing at one of the trolls here yesterday, who claimed he'd been in & out 3 times; he also claimed "MMs" always pull it back 20%, but either he doesn't know how to read a chart, or he was just talking message board trash.
Amazing how these idiots can get it sooo wrong every day, and go right om thumping their chests like it never happened.
The price of oil reduces the US trade deficit, reduces the logistic cost for US products abroad, and puts cash in the domestic consumer economy... the only thing that could rain on this party is if, in the zero sum analysis, the global economy suffers so harshly that it can no longer buy US product. I really don't think that will happen. They're all still going to buy i-phones; US cars will be more competitive,;US steel will be more competitive; US guns will be more competitive... anything that involves a significant shipping cost will be more competitive - any destabilized political situation will make US heavy product more competitive. The influx of capital and foreign investment will make US banks more influential.
The only way this goes to hell in a hand basket is with a global recession. If that's what you're betting on, go long TVIX.
$26M? is that all? it doesn't seem like much for a biotech with a phase 3 study already approved, a phase 2 study in progress, as well as a variety of EMA approved studies and work in Japan. Not to mention a phase 4 EMA study under way.