I sold JDST at 8.11 and was really tempted in buying it back when it was 5.20 but waited and it shot up. Maybe tomorrow morning if miners pop then Jdst drops i will jump in again, also watch VRX, S&P announced tonight they were going to downgrade Bill Ackman fund, i am betting it hits low to mid 20`s tomorrow
LOL, i am telling people to short VRX, its the biggest scam operation in Canada as its Canadian own, Bill Ackman still loves taking his beatings, the bonds should be in the 70`s now, if it goes into the 60`s its gameover
Blue keep on mind, that VRX has 2 weeks left to give an official report, if they dont give it the Debt Holders get the company. Also yesterday the Bonds dropped from 89 to 81,,,, i would not want to own the stock, i wouldn't even want to be a bondholder at 20, VRX has a large list of old drugs and was selling them as specialty drugs. Here is an example, the one i bought was 35,000 a year, the generic is 659 a year, they probably lost about 90% of their customers since just about every insurance company will not pay those high prices making patients go to generic. If bankruptcy happens no company will pay them what the loans are worth. The stock should have some volatility for the next 2 weeks, good luck
Checkout VRX, i bet this company goes bankrupt, 6 months ago it was 263.00 a share and today its at 37.00 a share, they are one of the first drug companies to buy old drugs then jack it up so high people went to generic, most insurance companies wont cover their drugs. I know because i take one of their drugs, its 60 years old and they jacked the price to 35,000.00 a year, and the generic version cost is 650.00 a year, their debt is 30 billion, check it out
Your target on Gold almost hit last week, it was 1288.00 in China trading, gold is down by 50 dollars an oz from its high, their are way to many hedge funds that are long and the shorts came in, whats your target price for the low? Thanks
Mike, you got in at a good price, i am at about break even with JDST, the miners have jumped to high and time for them to sell off next week hopefully, good luck
Hello Mike, gold really caught me off guard, i didnt think it still had room to run, i will add more JDST once i see the buying start to slow down, also sold GASL i saw the reverse split you mentioned and i dont care for those large ones
Hello Trader, i wish i would have waited on shorting the miners, i use the 1 year RSI chart and thought GLD at 75 that was high, what do you think it will do Monday? I will have to add since i forgot to put on a stop loss, also sold GASL that popped nicely again today but is a little to high, also need your opinion on RUSS, thanks
Blue and Mike, thanks, also i did end up buying some JDST at 7.31, i was thinking of a Friday sell off in Gold, also oil and NG are down today buy GASL is flying, also what are you buying in China, FXI?
Havent been on this board in awhile, but curious if anyone here thinks it a good time to short the miners? Thanks and good luck everyone
EVANS GARY C 3,502,712 Jan 23, 2015 not bad he unloaded 14 million shares of GRH as of January he only has 3.5 million shares of GRH
The American Petroleum Institute late Tuesday reported that crude supplies climbed by 9.9 million barrels for the week ended Feb. 26, according to sources who reviewed the report. The Energy Information Administration will release its own data Wednesday. Analysts polled by Platts forecast a climb of 2.5 million barrels. April crude CLJ6, +0.62% traded at $33.83 a barrel in electronic trading, down from the contract’s settlement of $34.40 on the New York Mercantile Exchange.