If someone shorted WLT, between 6 months, and 2 years ago, please explain the math, about "getting toasted"?
I don't know about anyone else dude, but I for one would never short a stock below $5.00. Yet, hey...That's just me.
Dude, they are burning cash faster than a steel furnace. On top of which, they owe 3.1 bil. Never mind the long term debt equity swap.
The assets value are shriveling faster than my unit in Lake Superior water, and the only real question is how low can market cap go?
BTW...Just because Yahoo finance prints something, doesn't mean its true in real time.
Sounds to me as though management is diluting the equity by 12%, in order to gain the privilege of borrowing approximately 3% of total debt, at 750bps. above Treasury's........Am I wrong?
Is that a good deal for the lender?
I am fairly new to value investing, so please be patient with me......TIA.
Dude, I am giving you strong props for EXEL. Looking at the weekly chart, I noticed a double capitulation, coupled with this week's breakout, it seems that there is little to keep it from smacking that gap @ just under $3.50. considering the Institutional support, and "IF", EXEL can blow through the gap, than close above $3.75-ish on a Friday.......It may very well be trading above a nickel, within just a few sessions after that.
The entire sector of Bio-Tech is getting hit, and yet EXEL wants to defy gravity.
Is he a Buy side analyst all of a sudden? If so, which firm? What are the conditions /restrictions and terms of compensation?
Did his status change over the last 24 hours, which I am unaware?
The Romans had a saying......Caveat Emptor.....Did KERX purchase his service of opinion?
If the answers are unambiguous, than it would seem to me that his "Opinion", is as significant as the hair on my nether regions.
That, being said.....What if he happens to be correct? Will many perma-bulls, that bought no downside protection, and heed no warnings, and also I might add, for the most part are fairly recent traders, rather than investors, lose complete control of their senses and capitulate, in order for steadier hands to swoop in and purchase, at much reduced prices?
There is so much uncertainty at that point in time, in which a Bio-Tech must prove that it is so much more than a large step forward in the Science of healthcare, and step up and compete in a Capital Marketplace.
You ask an excellent question. Looking at a weekly 3 year chart, Full stochastic, and MACD, along with short term RSI, may suggest the formation of a powerful inflection point. Yet it will need confirmation.
Writers of semi-fiction, for ad-driven publications, deserves exactly what they get.
These on-line "e-rags", often take ten minutes to load even in a low load demand network, with the biggest pipe known to man. Why? Because of the fracking ads.
Who are these sites supposed to make happy? The suckers who read them? The degenerate gamblers that frequent them? Or better yet, the suits that PAY money to jam these sites with everything except robot guard dogs....?
If it were not for CNBC, and other media scams, Cramer might very well be sucking on a bottle of "ultra-multi-malt", and singing, "Blues in the night", in a deserted Condo in Miami.
Now, I see this board focused on "Script numbers"????? That is worse than counting clicks during the dot-crash era. It is rare that I get to see people react like an insane herd of wilder beasts, yet every time I do.....It saddens me.
You are right, I am adroit. Until that time when ANY bio-tech company can spike the ball, and dance in the end zone, on that field of "Sales and Profits".....They will all bleed red ink like a Roman soldier on the fields of Carthage.
So, that begs an even bigger question.
Why the frack are you posting this nonsense?
What is your personal position? How large? Where are your stops?
Enquiring minds want to know...etc.