I was thinking it was still a bit early for you to pull with fundamentals like they are but who am I to judge a 4 bagger? More good luck to you. BTW I'm just a puny 2x.
Wall Street game and it's JPM's turn to be the bad cop when hitting the reset button for clients to short and then buy in. It's a quick 15% turnaround for them already besides the eventual ride up (7 1/2 both ways).
New rail car regs are due out in Sept so that should further boost the backlog. I don't know how the shorts will spin this back to cover their 11% but I'm thinking this is as cheap as it should get for a while with the pe and outlook as it is. JMO GLTL
Last 6 q's in a row were beats or meets and a very respectable growth story in progress. How about that 4b cap gain in the last few q's? It's been long overdue and should continue. IMO
History has the last 7 qtr's in a row were beats. I'm thinking a repeat and an intense short squeeze with 7 days of steady increases. But then again, I am just a bit overly optimistic. There is that big pharma hunger too. I've also added at this attractive base.
Now you've done it - you knew it was going down (confidential information) and shorted it. That settles it - you're guilty of insider trading and the SEC has been notified. It is so uplifting to be a smart #$%$. Now I know why you do it.
The last downtrend bounced hard here and I expect it to do the same. You might have a good call. I also plan to add around here and will have a limit in about 7.05 expecting it to go to 7.02 before it goes up.
Sentiment: Strong Buy
Still have 2 quality analyst green flags and some compelling results. I say the first wave of upgrade weak hands got impatient. Won't they be sorry.
Although Kodiak holders probably don't see it as yet, it will help them with the lumpy balance sheett, deb, and set a smooth sail for the earnings trail. I also see it as a win-win. It's long been an assumption that KOG will be bought out and I'm sure they were looking for the premium but it comes with the synergy of a bounding and robust company that should emerge as the Bakken leader.
Like one of ours said, "Welcome to Wall Street". I expected this to happend but not the dog pile scenario. That was indeed orchestrated and yet a well planned action to achieve a better buy in for those that missed the boat and how many times have we seen that? All of the major movers have hit the reset button. It's history and should be planned for.
Everyone wants to bash these shorters with their half truth hit pieces but I have made a fortune off of them. Two of the most recent ones were the Geo hit piece on AFSI (looking at a 45% gain) and QCOR (a 75% gain) and today Fraudstein provided me with a second chance at mid 7's. So some of their misrepresentations are an opportunity. I expect a sharp drop in the morning where these highly orchestrated shorts will do a massive sell upon open to allow the slow methodical cover. I will be placing a limit order to take advantage of their clockwork agenda.
What always gets me is that these near (short) sighted raconteurs will pervade their articles with expletives since their vocabulary is so limited that they can't make it through one piece without doing so. I guess that comes from the frustration of having put up their own money to short something that is appreciating. But look who their readership is.
The short covering is tempered with a massive early morning sell off and steady covering for the rest of the day. That's the pattern I expect to see.
Sentiment: Strong Buy
Can't really give him credit without investorgenius being included. He correctly called the optina with assuredness. Bravo Investorgenius! Of course you to Racavalli
I've let things like this cheat me out of nice returns and see this as a very nice base here before the uptrend resumes. My dd has strengthened my conviction on this. Pcyc is my biggest bio holding and my concern is for 2015. BTW My goal is 75% from my high 80's entry. And I may be wrong but I think the triple top is still intact. Let's talk next week at 100. JMO