Boy...that bottom and reversal was right on. Had no idea it would be so fast. It turned around like ISON around the Sun at $9.39. These charts do work. Ten very soon.
I believe this market is a Las Vegas fantasy. Just look at the guts and real value of derivatives and insane products like "Bit coins". It reminds me of the Sodom and Gomorra story in which everything is game right before the implosion...right?
VIX is at $16.38 and TVIX is still under 10 bucks. This futures market is a crock...Not for long. Right now most are taking short term profits. This time I will hold for a while. Normally I would have sold by now. Everyone's seems to be lying about everything. Is market going to collapse when NASA or the President make the next major announcement, or will they?
You can only kick someone in the nuts so many times before it comes back to haunt you. Yes, that means you bully shorts. My God, don't you think BBRY been beat up enough. Let's look at it from a realistic basis. BBRY is still #3 and its very popular and growing in certain countries. It is still the most secure also. Slimmer company will show a profit soon. Could it be this quarter?
Zohydo will be a gold mine for ZGNX, if its not to expensive. Even if it is it will still be a revenue blockbuster. I do not think most people realize being the first hydrocodone product without acetaminophen will do for the top line.
This is such an epidemic they need to just legalize it for general sale and treat the people with the extra revenue. I bet 1 out of 10 people has an addiction problem to something, and 3 out of 10 people are at least dependent on some sort of other drug. One of them has to be its old mixing buddy acetaminophen. Aspirin is another bigeeeee.
TVIX NAV is still moving lower even though the VIX continues to strengthen. VIX is well over 15, and this ETN continues to sell off. Over 9 bucks, but its still trailing NAV of $8.96. What a POS!!!
Drugs? Unfortunately they are not going anywhere, so if you can stop one of the by worse by products... Liver disease, that is some small way is a plus. Most people using narcotics for pleasure, addiction issues, or ligament pain patients will see Zohydro as a popular choice...period!!!
The derivatives market will soon show how much the banks are really worth. Anyone that listens to a bank's downgrade should re-evaluate what fundamentals really are. I am not saying BBRY is a buy, but it certainly is not a sell. They are in on the attack and hopefully BBRY will put up a number that brings down the banks house of cards against BBRY. Who really listens to Citi?
Blackberry is definitely going to lose less then anticipated on there future earnings report, yet nothing including new business, new CEO, and restructure is helping this company out. If the figures are correct, this company should be going higher. Are the current shorts going to be long soon?