They have tankers sitting doing nothing. They were holding oil hoping the price per barrel was going to go up. Now it's lower still and they just shot themselves in the foot.
CFO leaving and GOOGLE is eating them for lunch. Get out of this scam stock. Look at the hype job of TWTR. Everyone lost. Bio stocks getting hammered 40% since Jan.
this is already bankrupt. That figure is supposed to be on the positive side or they are bleeding money. Arch Coal followed this same pattern and now have filed. All the money is gone. Get out of this stock while you still have pennies on the dollar.
Yeah, riiiiight. When the 10 yr. is sitting at 1.75% how do you think this Madoff pump is paying out 15.29%? Did you look at the price per share before the CNBC interview? Oh the herd mentality, here come the sheep.
over $100.00 a share. It is worth 60. If you did not get out of this stock when it hit that ridiculous high, it's your own fault. CAT holders the same way. TWTR the same. All bio tech run-up, Ditto.
something is terribly wrong here. If people are losing 20-40% in their retirement funds, they are not going to feel like spending money on a new car even if they have lots of money. Big companies are laying off thousands of workers including PFE-BA-CAT-all oil firms. The market is losing 200-300 points a day. I don't think we are near the bottom. Trump just saying on CNBC we are in trouble.
Everyone who kept chasing this for the last month has lost money. No more is it all about Bio Tech stocks; when banks are all at 52 week lows something is terribly wrong. When CAT-BOEING-ALL OIL SECTORS are laying off thousands of workers and the market continues it's 200 a day point slide-It does not look good. Buy some dips but be extremely careful.
20 oil companies have slashed their dividends; the very reason people were in to these stocks in the first place. See that negative EPS of almost -4? That means they are bleeding money. That figure is supposed to be on the positive side. Does anyone read their financial statements? There is further downside in this stock if oil stays where it's at today. I bought an sold COP several times and always took my profits. When the EPS turns positive, I will buy again but until then I will stay away. Watch what the insiders are doing but I am sure you won't even look since no one read the income statements anyway. The herd is moving this and the sheep will follow. Buy and sell on any uptick-many "head fake" days ahead. The long hold is over.
The EPS is a negative 5. -5.1 Do you even know what that means? That figure is supposed to be on the positive side or they are bleeding money and you are trying to pump this up? Are you related to Bernie? Confidential treatment? Oh PA-LEEEASE. The information you need is all on their financial statement which is looking pretty bleak. The only ones getting rich on these bio stocks are the insiders while the rest of the bag holders have lost value in their retirement. Wake up - Look at the highs of BLUE and tell me something is on the up and up here. Scams; look at the two new bio IPO's the first day and what they are doing now. The smart ones already took their profits.
I bought and sold PFE Friday but will buy again on another dip. Bio is in trouble and Baker's own plenty of it. Even the new IPO's are correcting some. I would buy on daily dips and get out before the close. So glad I got out of SGEN for good. I would be down 15K on my last buy price instead of day trading this for profits all last year. I got pummeled on this message board but I have been trading stocks longer than some of you are old. This is the 4th correction since 1987 and I have lost nothing; sold U S bank when it was over 100 and framed a house, windows and roof. Always take profits and keep moving on to the next scam because someone always loses in the stock. Which slot machine is going to pay off? Are you going to win or is the house? Take a look at all those lights and fancy buildings with free flowing booze and I think you have answered that question. Good luck Boyshadow. I do like PFE especially with the Allergan connection.
on a horse farm. She made 77 million on the first day of trading after she was given shares of stock for 6 bucks while you had to pay 12. That's a lot of hay.
Beerbaba50 - I will buy this again and sell until this market calms down. No need to rush in since the div. has already been paid and many sell after that. I think our gov't is going to try and crack down on the drug pricing which may hurt the price per share. These companies have been gouging the U.S. for years while other countries pay 1/3 the price for the same drugs. Bio techs are going to get creamed.
New bio tech IPO's are a must to keep this scam going. Too many go bust and then large holders of the stock must move on after selling out. They run up the next one and repeat. This has been going on for years. More went broke than are currently trading. Play the game but take your profits.
Yes, check it out. I bought from Symetra. They offered it until the 28th of Jan. which was only for about 2-3 weeks when it was posted. On the 29th of Jan. they lowered the int. rate back down to 2.65% but I am locked in. Anyone can look this up. I still day trade but not at the volume I did last year. That was easy money but it's getting harder to time. I bought and sold PFE today for a quick one but am staying totally out of bio tech which made me a nice chunk of change last year. Handsomemanmark-You need to do your homework. There's returns out there but the more you have to invest the better the rate.
There's no reason to hold with a 25 cent div. Oil is headed lower and Obama is pushing for clean energy like fuel cell, wind, solar, etc. The long hold is over. The market is tanking and a recession is on its way. Everyone that has held after the start of this year is way down. I cashed out Dec. 29th and put all my profits in a 3% for 7 yrs. I know that's not much but if I would have held many of these stocks I'd be down 25k on each. I can't afford to lose that kind of money on social security so I took a for sure thing instead. 3% on a huge profit works out to be way more compounded since it's in my IRA and I don't have to pay taxes on the gain. Now I am going to take the 3% return monthly and keep those profits working for me.