Yes I expect that weekly will be available from the market cap and volume. lots of commissions for brokers to make off this. Will be wild west for a few weeks till valuations settle in. The amount of shares that are not locked down is good and bad as no overhang in the market like FB. Might see some large dumping in the next two weeks if this shows weakness. Looks like the MM did not need to support this at all except just handle massive volume and keep in from swing to widely on the first day. Will watch this next week.
There are no PUTS on IPO's. There is talk that 9/29/14 option chains will be priced. Big boys are already doing derivative trades though. Prem on the PUT protection might be very expensive( thus huge selling of PUTS or calls opportunity coming ).
I don't ignore the medical. You do. You and rfk302 are in some other reality where the failed trial of 3.31.14 did NOT occur. Your dogma is worship Prana. I change my views with news info. At one point was seeing this drop to near 1.00. I changed that view months ago. Also upped the valuation that I have for Pran with the news on HD. Any science based person will change when FACTS come out. You are like the so called science types that insisted the world was flat....the sun revolved around the earth. Wake up dude! Stop drinking the Kool Aid.
Yes I noticed the Gap getting filled. Still concerned with how fast this dropped with the news of HD drug. So will be looking to see next week the short interest here. I suspect it has gone up . I track over 40 stocks and have seen ALOT of red and many down 20 % last three weeks. Wondering what target the shorts have here with Pran. 2.00 ? If so might see the drop slow. I did think with the news we would have held near 2.40. Oh well looking at adding some shares next week. Will see.
Big oil companies and traders are stashing millions of barrels of crude on massive tankers bobbing in the ocean, in a bid to profit from a quirk in oil markets.
Instead of moving crude from one port to another, a growing number of tankers are serving as floating warehouses for companies including Sinopec Ltd. and Vitol Group, according to people with knowledge of their operations. Other companies such as Mercuria Energy Group are using the tankers to haul crude to on-shore storage facilities, these people said.
In a rare split, crude is cheaper in the spot market than in the futures market, where bets are made on where prices will be in the months ahead. By buying physical stocks of oil and immediately selling futures, traders can lock in a profit.
The storage trade isn't without its pitfalls. If interest rates or storage costs rapidly increase, the costs of the trade could eclipse the money earned from the future sale. Also, some traders say the window to put on the trade could close if demand picks up while supplies wane. The risks were on display Thursday when a late move narrowed the price gap between contracts for near-month delivery and the following month to below the level needed for the strategy to be profitable.
The tankers, weighing as much as 550,000 tons and stretching up to 1,300 feet long, store the oil until the trade is unwound. So do land-based storage facilities, which are filling up as well.
There is also the issue of the price of oil. If oil falls to $75.00 then PGH has ALOT of problems. They are already selling oil at a discount. There is also the issue of the Canadian dollars vs the US dollar and there has been a reduction in the yield for American holders of PGH. I am surprised with how low it is. Thinking of buying if it drops under 5.00
Maybe the next time you post a 1,000 word medical journal you think about what you post? You have issues with FACTS?
The holdings are tiny in relation to the market cap and outstanding shares. None are over 5%. The highest Susquehanna International Group, LLP 241,750 is 1/2 of one percent. Many on that list are street names of stocks held for trading reasons in-house. Often when you buy shares from some brokers you are buying it from the broker and not in the market. EFT traders in that list also it looks like or fronts for some dark pools. Bottom line there is no "Carl Icahn" on the list and Treblinka has a point. . Oh Susquehanna International Group, LLP is a trading company ( boiler room operation?)
Wow..4.28... glad I sold at 5.80 ! very surprised seeing us at this level. RSI is getting very oversold. Friday will be interesting.... looks like a lot of PUTS going in the money. CALLS getting pretty cheap now
Settlement Date Short Interest Avg Daily Share Volume Days To Cover 8/29/2014 2,227,040 462,820 4.811892 8/15/2014 2,442,755 409,807 5.960745 7/31/2014 2,585,002 1,561,587 1.655369 7/15/2014 1,967,199 1,818,802 1.081591 6/30/2014 1,658,885 1,268,820 1.307423 6/13/2014 1,568,229 841,439 1.863747 5/30/2014 1,325,477 1,941,179 1.000000 5/15/2014 1,143,605 749,568 1.525685 4/30/2014 1,210,946 1,188,245 1.019105 4/15/2014 1,462,419 3,828,690 1.000000 3/31/2014 3,857,654 3,248,409 1.187552 3/14/2014 3,784,894 1,079,790 3.505213 2/28/2014 3,618,913 6,904,860 1.000000 2/14/2014 2,809,279 1,806,062 1.555472 1/31/2014 2,778,717 1,929,808 1.439893
Short interest is up but not near the level back in March 2014 and shorts covered easy when Pran dumped 70% 3.31.14. What is interesting is the lower volume the days to cover is the highest it has been in 2014.
Massive dilution is the major reason for the loss per share coming down. The only reason PLUG held near 4.00 in the last few months is NOT the sales but that they cut the cost of the product with that purchase and also been better with the SGA the last few month. They are NOT out of the woods yet on this. Yes they a actually getting closer to break even and is WHY some have called for 8.00 a share.
Wow...that was a well thought out response. You must have thousands that wait for you to post dude.
The problem they have had is NOT sales growth but when you sell something for $1,000 and it costs you $1085.00 and you LOSE money on every item. All the cash you have goes away and then you sell more stock ( DILLUTION!!!!!) to put cash in the bank again. When PLUG shows a REAL profit with REAL POSITVE gross and net profit margins this will go to 10.00. Till ten we bounce from 4.00-7.00 . with plug near 4.50 is getting to be a BUY.