68 makes for good entry. Don't listen to pumpers trying to get you in over 80.
What is up with this thing? This should have never dipped under 48 for more than a day with the secondary as support. GS is having a hard time finding buyers. Short term biotechs are impossible to predict. Long term the story is the same this is an 80 stock in another 52 weeks or less.
You have to just buy and forget about it. I'm hoping before the conference next Fri a nice dip to 45 to provide a rare opportunity.
I thought the secondary would have been more bullish. Losing the 48 means your analysis might be right if 46 folds. Bios are very unpredictable and hard to trade. You have to have patience. Long term the story here still says 100 for the ones willing to hold long term.
Amazing. I see the long term potential I'm more of a short term trader. I have no doubt in 1 to 2 years this will see 100. The question is I'm not the type of trader who has that patience. I was hoping for a quick swing to 60 by end of April. The dip under the secondary price today is very odd.
Some you win some you lose. I still am bullish long term. Short term I don't like this action after it lost the 50.
Yea, I was wrong. Not happy. What can you do? Can't hit them all. I'm not going to shy away from a bad call. Going under the secondary price is not a confidence builder. Tomorrow this needs to go green or as many of you have predicted this will probably touch 42 before seeing over 50 again. Cutting losses at 45 from 50 entry. I was hoping this had the ICPT chart after the dip. I'll give it till Fri.
Biotechs don't follow market. If you want to save 2 to lose out on 50 that is your choice. You won't see under 50 again.
That's not going to happen. There is no way to predict what the trading range will be. FDA approval is just a technicality. This will be 100 by the time gets approval. Massive volume accumulation in the options market. Those waiting for dip buy will come up empty. Dilution has already been annonced.
Take a look at ICPT after they announced dilution. The stock shot up 100 points in 3 weeks.
Buy and forget for a few years you will be rewarded.
What a beauty. Rare to find such a stock so low with so much potential that is easy to identify before the move happens.
Boo ya how do u like me now.
Don't listen to newbie shorts. Small float with big potential. Short term the stock is going much higher don't fight the trend. Who cares what it does in another year.
Hope you're still not holding the bag. It will be too late by then. Even if you do get your pop you are nothing but a gambler. Holding this through earnings is like rolling the dice in craps in Vegs.
I'll give you the easy answer. TWTR lost its volatility. Stuck in a narrow range now. Puts and calls were selling at a premium earlier because of the wide daily swings coming out of TWTR. If you would have bought the Feb 6 contracts your contract would have traded flat because of the earning event. Options are a completely different animal than stocks with so many variables at work. Practice trade before you jump in. Even after many years of practice you can get hurt. Keep tight stops. Good luck
The choice is yours. This stock is worthless. They will never be able to monetize it. The bubble days are over. 2015 will be different for bloated pigs with no earnings and no growth.
Anyone still in this is asking for trouble.
Thanks for putting the fear in me. What you say is very realistic. I can't believe I ever bought this. I did 2 things right. I sold covered call and exited while I can. I'll take a scratch over a broken bone. I think this freefalls to 30 after earnings. Imagine holding through earnings. Might as well go to Vegas. It's going up 5 or down 5. That is just coin flipping not investing.
8% down move in a day on no news. Use this green day to your advantage. The market has changed from last year. Speculative stocks are getting destroyed. Unlike FB and LNKD which are near 52 week highs this is near to all time lows. More than 60% under all time high. I'm done and feel like celebrating..