That's how they get you. They can short at will right now with no news on the horizon. Some people will undoubtably sell. It's called creating fear. They need others to sell in order to cover.
You've said this before with other stocks
You should change up that message. You've used it on several occassions with different stocks.
No risk for shorts here until the next earnings call. They will continue to short as this will keep on making 52 week lows. It's called momentum. You add here as we get closer to the earnings date.
Well clearly every stock price is associated with management. What i meant was that today's price action has absolutely nothing to do with management. It is all technical in nature. Now, PTX stock price long term has everything to do with management and whether or not they can execute. Poorly worded on my part, my bad.
Stock price has nothing to do with management. The bots will see when they see new lows. If you like this long term, this is when you should buy. If you think PTX sales force will ramp back up sales, then this stock is a great buy. PTX management should be more concerned with making sure the sales team does its job. If the numbers get better, then shorts will cover.
This is all program trading. They sell into this stock because it keeps hitting 52 week lows. I have been patient and have been buying down here. They said at the last conference that they were seeing business tick back up. This stock will probably continue to be under pressure until just before the next earnings call. Shorts will cover some before then. Still over a month off so save some bullets.
Here's the problem. They can keep opening up stores and keep showing growth. They aren't close to a saturation point. Funds buy growth even if its priced at unbelievably absurd levels. Analysts will pump this up yet put out beatable estimates.
Nonsense. Nothing has been decided until they release the data. Right now its really easy for shorts to try to run this thing down because they know there will be no information until fall. Seen this thing many a time. Let the stock fall and buy more lower if you believe in ARWR. That's what I am gonna do.
Congrats. I bought cheap calls too. But improving fundamentals isn't correct. The SINA portal side has been, well terrible. WB has been doing decent. The sum of the parts, yes, definitely undervalued, or at least was undervalued. I think we are getting close to where it should be assuming you don't add a premium. You have to allow room for liquidity risk and taxes since they can't just liquidate their holdings at the snap of a finger (absent a takeover) Still very strong volume so probably should remain long until it dries up. I flattened out. Cheap calls became deep calls so just wanted to cash out.
Just wanted to add, if you are long the common, watch the volume. If it starts to dry up, that's when you should probably get out.
I was long cheap call options and that worked but i am out now. Sina almost always trades under water. This is all BABA rumors (and momentum) which i believe is just rumors. BABA doesn't want SINA, they want WB. The SINA portal has gone backwards. Why isn't WB trending higher? Why would BABA add SINA when Ma said yesterday they aren't adding headcount this year. If it happens congrats to all those that held. I am neither long or short SINA, which is the first time in the past year. No opinion.
50%? More like 75 to 85% Most of those are going close to zero. $140's maybe have some value but not much.
Definitely. Stock is almost at where it closed now. At the money straddle was $7.20 front week and we got a $2 move. Gotta come big time.
It's all about expectations. Everybody was expecting a beat and that's what they got. Everybody was expecting additional billions in the capital program, and that's what they got. I am sure you weren't complaining when the stock has been running up from 400 presplit to now over 900 in anticipation of great earnings.