That's also sellers. You can't accumulate unless someone sold. I own this stock too but a price target of $6.25 is not going to happen with the "hold" on its drug. Could have been a nice run but all hopes are dashed until the next big "hype" is printed by some pumper. Sorry, but that's how these bio/pharma operate. Most are scams. I will be out if this thing gets anywhere near $4.00.
Cramer is so unpopular now. He could move a stock just by mentioning it on his show but he has burned so many people with his buy ratings on NLY-NAT-DSX-just to mention a few so don't worry about anything he says. Read all the negative posts about him. His show may get cancelled because everyone is trashing his picks and he's becoming the laughing "stock".
If M is struggling, then JCP is doomed. Look at AEO-Retail is not where you want to be right now. This economy is in too bad of shape and JCP is selling their merchanidse at discounted prices. They can't make money giving it away. . .
Just downgraded to sell. Retail is going to take a hit. If you have a profit, take it. It's had a nice run. Hope you made lots of money.
AEO clothes are a little spendy. I think in this economy the discount stores will do better. I have owned AEO in the past but sold when I saw M earnings report and stock go lower because of a drop in retail sales. Watch the bigger stores and others usually follow. I think this could fall further to 12 or even 10 for a bottom.
RH just had a huge insider sale. EPS is negative. I found the info when I was reading the huge sale of ACHN and listed 10 other sales. The list had RH so I looked up the symbol to see what it was but did not notice the stock price lower. Seems like this has had a nice run, but?
Do you think that SOB sold out of HCP after he pumped it? He pumped NLY forever too.
You should sell if you have a profit, ALWAYS
Sold 629K shares of HCP just 3 months ago for $47.89 a share. Think he knew something the shareholders did not? Check out the insider trading for the link. He would have been down 5 million with today's after hrs. action from the price he sold at. Who cares if he gets fired if he has 30 million in the bank. He's probably glad.
Since this bio/pharma scam has been going on forever in all these pharma stocks, probably nothing is going to happen with the SEC. It's all about insider trading and getting rich with free shares and high salaries. Look at PANC-eventually went in the tank and everyone lost their money. There are several more where investors were looking at a new drug approval and trumped up the stock only to sell their own when the hype was moving the shares up. Should be criminal but it goes on in just about any sector. Just take quick profits and run. Don't wait for the top because as you can see in ACHN, it could be cut in half in just one day.
Why would you do that? Will you look at the GERN chart and see how high it was at one time and look at the stock price today. ACHN has nothing in the pipeline. It was a one hit wonder and that drug failed. Move on already and quit trying to pump this thing back up. The action today speaks for itself. How long until you see $4.00 again?