Billie, PLEASE, get into mutual funds and out of individual stocks. You are a danger to yourself. Your inability to comprehend beta and your stubborn insistence on constant rationality are more proof.
The market is rational in the LONG run, not the short term.
If the poor grammar and inability to spell even the most common words was not enough, you can see proof in psu's "Buckel up" post.
psu - go away again for another 2 months, like you did when I proved that you lied about your option purchases.
Ha ha ha ya moron - you forgot to post as psusucker!
You are such a loser that even the trades you lie about are losers - how are you doing on those $32 puts that you bought at "86 cents" (even though the price was $2 at the time you claimed to have bought them.) Bwahahahahahahahahaha
OK – since you’re interested, I also have (at least) one other alias in act2sjm. The use of habbas3000 was based upon the rude poster named habbas2000, who insisted (a while ago, as you’ll see) that anyone holding OXHP was an idiot and should sell all to buy CPQ. After that stupid suggestion, he said we were idiots who should buy MRVC (which promptly marched into the pinks.) I use H3K now to reply to rude posters.
As for my holdings, I don’t know why you expect honesty – I never do on these boards, which is why I am sincerely impressed by anyone who posts their trades in real time (assuming the trades are realistic – lots of people claim trades at prices that a stock never saw on the day they claim, and then lamely say “it was in after hours”. Sure.)
But, for the sake of discussion, I initially bought after I read about the stock on Andy Tobias’ blog. That was a while ago. I think it was in the 4s, but it might have been higher. After they lost the ruling to PIP, I more than doubled down, I think in the low 2s. Do you believe that? I don’t know that I would, but it happens to be the sequence, although I’m not sure of the prices?
Don’t believe I don’t know the prices? I guess I could look them up if I cared, but I honestly don’t care enough to; I buy for the long term, and every day I reevaluate why I’m holding a stock. If I don’t like the story, I sell. Doesn’t matter what I paid. I’m willing to wait for the story to come true if I think it will eventually, and the reward for it doing so is there. As Ben Graham said, “In the short run, the market is a voting machine, in the long run it’s a weighing machine.” (continued next post)
Pretty poor reasoning, Sparky, but then reasoning was never your strong suit.
And some basic math for you, because you're not very good at that either; when you say "down -16.82%", that's equivalent to saying "up 16.82%". I know you think that adding decimal points makes you look more precise, but a little attention to basic math (which I think they'll teach you next year in second grade - assuming you make it into second grade) will do a lot more for you.
I give you credit for having the stones to post your trade in real time.
I think the best possible outcome will be for you to sell at $3.35 and watch the rest of us hold up to $6+.
Gotta agree with ya this time, billie - the people who write for S u c king Alpha can't get a job writing for a real financial site or publication.
Here's how you can tell you are wrong - would you pay that "group" of numbskulls to do anything?
They are just small time losers who have nothing better to do than complain on these boards constantly.
I gotta disagree with ya Lar - if he possess the intelligence to be a MM, he sure hasn't shown it on this board. He's just a run of the mill, not very successful, trader with a chip on his thin shoulders.
No one is pleased about SIGA's stock performance, but most of us have better things to do than sit around and whine about it all day.
Come on all you chartists; where was your call to "buy"? You can't just sell; you have to buy sometime. You missed a move today. Anyone can say "be careful", but that doesn't mean buy or sell.
Either put up or shut up.
Billie, that kind of post is exactly why people have been telling you for years that you should stick to mutual funds. Are you really that oblivious to what is going on in the world?
Please, seriously, sell your individual stocks and buy a diversified set of low expense index funds.
Droddy/golong, you'll undoubtedly have a hard time understanding this, but I don't care what a peasant like you thinks about me.
For those on the board who have something interesting to say, I'll disclose that I am a long term investor. Delays happen in the real world and, although I am not thrilled by it, I'm not going to whine incessantly about it either. I am interested in the long term prospects for this company, and I would value intelligent thoughts, positive or negative, from anyone else who also wants to discuss it.
Droddy/golong, you and your many aliases appear to reach the limits of your capacity for intelligent thought when you complain about the lack of communication. Thank you for your input. Now try listening to other people for a while - don't reply to them, just listen and (try to) think.
You forgot to post as drod, dumb-dumb.
For other readers, I've found that a reliable rule of thumb is to divide the number of shares guys like this claim they trade by a factor of 10, meaning that drod/golong probably trades 1,500 shares.
Alright - I'll come clean. I don't work for SIGA, but I do work for a large hedge fund. (I can't tell you which one, but it might rhyme with "Bird Joint".)
My department's assignment is to discredit people who tell too much truth on the internet. My particular group has been assigned to drod and his many aliases. If we allow him to disseminate the truth about this company, then it might interfere with our investors' management of the stock price.
So far he has been a miserable failure (a feeling to which I am sure he is very well accustomed), which resulted in some bodacious bonuses last year.
Our motto is "Never give a SIGA an even break."