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Pershing Gold Corporation Message Board

helpme_hanna 123 posts  |  Last Activity: Jul 24, 2014 11:04 AM Member since: Jul 26, 1999
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  • helpme_hanna helpme_hanna Jul 24, 2014 11:04 AM Flag

    Yes, I was on vacation. I see that this is still doing nothing. I hope the company is doing more than the price is.

    So helpme_hanna

  • helpme_hanna helpme_hanna Jul 24, 2014 10:27 AM Flag

    "I am holding 46,000 shares long and strong! Stay invested my long friends!"

    That's a lot. I too have a lot of shares.

    So helpme_hanna

  • Reply to

    No volume while awaiting news......

    by rmsacc Jul 21, 2014 5:20 PM
    helpme_hanna helpme_hanna Jul 21, 2014 11:43 PM Flag

    Well, Geert has a good resume. But that shouldn't be the only reason you are in a stock. Lots of good-resume guys end up with clunkers from time to time.

    RXIi does seem undervalued and I have a lot of it--probably way, way too much--but, as the biblical saying has it, "Put not your faith in princes."

    We'll know sometime probably before the end of the year whether Geert is as good as advertised, and as good as your adulation suggests.

    So helpme_hanna

  • Reply to

    Just Bought 20k at 2.26

    by golongn2014 Jul 10, 2014 9:46 AM
    helpme_hanna helpme_hanna Jul 10, 2014 1:47 PM Flag

    hedge.risk,

    You are the most knowledgeable and clearest thinking poster here. I only wish I had followed your suggestions from the first time you posted here. Everything you have said has been spot on.

    Between you and your detractors, I can only repeat the old saying: The proof of the pudding is in the eating. You were right consistently and they were wrong consistently. Do they recognize that? No. Their pride and emotions are too strong.

    So helpme_hanna

  • Reply to

    Lots of bravado here today.

    by helpme_hanna Jul 10, 2014 12:42 PM
    helpme_hanna helpme_hanna Jul 10, 2014 1:23 PM Flag

    Well, rmsacc, I have had my optimism shaken somewhat. I was able to unload at 3.30 a while back with a gtc order at that price. Despite the fact that (due to the wash rule) I lose my tax loss deduction for those shares, I have been buying back below 3 recently, including yesterday. My day order today at 2.31 did not fill and apparently won't. That's okay because I am loaded up again with enough.

    I will never again chase this stock. I will only buy at or below the previous close and below the bid and at or near the current low for the trading day.

    My long term target is now 4. I will hold until then unless the market action tells me that a new dump in, say, the high 3's is about to take place. Indeed, I have a gtc order in to sell all my shares at 4.

    Good luck to is both and to all longs. The current selloff has been overdone, imo.

    So helpme_hanna

  • helpme_hanna by helpme_hanna Jul 10, 2014 12:42 PM Flag

    The longs here are full of bluster and bravado today, as they have been during the entire selloff of this stock. Anybody who even suggests that their macho talk might be misplaced is attacked as a "short," or as unfit to invest in biotechs, or as a loser, etc.

    We'll see. So far your bluster has not helped. Frankly, I hope you are right that there is nothing wrong with the company or with its competitve position in the market place. The investing public seems to doubt that but I hope the bulls turn out to be right. I'm honest enough to say I might have made a mistake here. I hope not but I might have.

    We'll see. In the meantime, keep up the cheerleading if it makes you feel better. Maybe it will entice buyers and make the price recover. I have my fingers crossed and hope your shouting and bravado does some concrete good.

    So helpme_hanna

  • rmsacc wrote:

    "Bio, your take on PFE p3 excaliard on hold? Would have liked more info on this subject in your article as it appears that PFE and RXI in direct competition for scarring market............gla"

    It seems that a recent note from some analyst questioning whether rxii can successfully compete with PFE is responsible (at least in part) for the rxii selloff. You are the expert on this stuff. What's the deal here?

    So helpme_hanna

  • helpme_hanna helpme_hanna Jul 9, 2014 12:28 PM Flag

    Good stuff biotechpicklist. U da' man!

    So helpme_hanna

  • Reply to

    Two ways to read technicals

    by helpme_hanna Jul 8, 2014 2:56 PM
    helpme_hanna helpme_hanna Jul 8, 2014 7:03 PM Flag

    wallstcz,

    NOW you tell me about all those red flags! Where were you when I needed you, i.e. before I got in so deep?
    Just kidding, I hope.

    Answers to your "red flags" item by item:
    1. Galena has no current role in, nor does its problems affect, rxii.
    2. I wish big money would show some interest. But wait, Lincoln Financial did.
    3. Great point. I am not blasé about the price plunge. It shows lack of desire to own this stock. Worrisome.
    4. One guy who sells tells us nothing. Why not mention Geert's buys?

    Maybe I am just a fool owning so much of this stock. Certainly the investing public doesn't share my optimism. On the other hand, I have heard NOTHING to refute the apparently very good fundamentals.

    We'll see.

    So helpme_hanna

  • Reply to

    Two ways to read technicals

    by helpme_hanna Jul 8, 2014 2:56 PM
    helpme_hanna helpme_hanna Jul 8, 2014 3:53 PM Flag

    I am leaning more and more to the idea that this will soon test the 52 week low of 2.55. That's not too far from here.

    I will have to just watch. I'm not going to sell down here and I have enough shares.

    Watch, wait and pray.

    So jelpme_hanna

  • Reply to

    Two ways to read technicals

    by helpme_hanna Jul 8, 2014 2:56 PM
    helpme_hanna helpme_hanna Jul 8, 2014 3:34 PM Flag

    I hear you hedge.risk. Or, really, I read you. lol.

    So helpme_hanna

  • helpme_hanna by helpme_hanna Jul 8, 2014 2:56 PM Flag

    1. Bearish: Broke down from 2.97 bottom of congestion line. Standoff between bears and bulls has been resolved in favor of the bears.

    2. Bullish: The above noted breakdown was on light volume. Furthermore, all indicators are very oversold. We are now below bottom Bollinger Band, which could suggest a reversal will occur.

    Really, on purely technical grounds, the bears seem to be in control; however, since we are still a little above the 52 week low (and noting what I said in 2, above) all is not lost.

    I bought today at 2.69. It would be very surprising if that turns out to have been a bad buy. I am very surprised that all the promoting and high profile insiders have been unable to generate buying but that's the way it is.

    We still do not have even a hint that p2 is bad, except for the trading patterns (if you think that is a negative hint.) we also have the buying in small amounts by Geert and the recent hiring of an opthalmology guru. Those things suggest p2 will be okay.

    So helpme_hanna

  • helpme_hanna by helpme_hanna Jun 30, 2014 12:03 PM Flag

    The Bollinger Bands are tightening a lot. A compression line is building between about 2.98 and 3.01. That presages a big move. There have been willing sellers and willing buyers where we are now for quite a while. That will come to an end, and it will,be a big move and maybe not terribly long from now.

    What the chart does not show is which direction the move will be, up or down. The important indicator On Balance Volume has been very strong but is now turning south. The other important indicator Accumulation/Distribution has been extremely weak but is now turning north. In other words, volume has been stronger on up days, while the stock has been consistently unable to hold its intra-day rallies into the close. That divergence is starting to blur, further underlying the stalemate between bulls and bears and further hiding the pending direction of the anticipated big move.

    That's how I read the chart. If u read it differently, I would like to have your analysis.

    So helpme_hanna

  • helpme_hanna by helpme_hanna Jun 25, 2014 6:36 PM Flag

    High volume and we actually rose into the close. That's promising.

    U worry warts might be able to breathe a bit easier soon. I'll keep you posted but today was promising. I kept telling u that better days might be ahead!

    So help,e_hanna

  • That's a lot for a micro-cap that trades around 100,000 per day, more than 5 days to cover.

    Either the shorts are right, or the longs might get to enjoy a nice short squeeze. Or, it could just linger where it is for a very long time. Dunno which it will be. Generally, that sizable of short interest is not a good sign.

    We shall see what we shall see.

    So helpme_hanna

  • It is clear that there is no buying interest here. We are in a distribution mode. My advice: Do not buy until and unless volume picks up a lot and we close decisively above 3. Sell into any rallies, especially early session rallies, where the volume is light.

    I know that there are a lot of hopeful longs here who do not like to hear the technical truth. Ignore the technical truth at your peril. Blame the messenger if you like, that's a lot more satisfying (to some) than attending to your money.

    Remember: He/she who falls in love with a stock and is blinded to the warning signs that he/she is wrong, stands to lose a lot.

    If you are still enamored of this stock, at least stand aside until you can verify that it is safe.

    Disclaimer: The technicals can change, as with any stock, but to assume blindly that they will do so is folly.

    So helpme_hanna

  • helpme_hanna by helpme_hanna Jun 24, 2014 1:12 PM Flag

    Somebody, I forget who, on this board called me a "turncoat." Exactly why, I don't know. Probably it has to do with the fact that I pointed out that there is no buying pressure for this stock and, so, it falls at the end of every day--a classic distribution pattern. In pointing out that obvious, and open for all or observe, fact, I guess I do not fit the pattern of a mindless pumper and am, thereby, a "turncoat."

    Those who name call and judge others--rather than focussing on the stock--are merely childish. They do not do anything for their (generally long) position and they just pollute this board. Perhaps they should grow up.

    So helpme_hanna

  • Reply to

    James Skalko

    by avl.morax Jun 23, 2014 11:11 AM
    helpme_hanna helpme_hanna Jun 23, 2014 2:59 PM Flag

    I'm watching level II right now also. I hope u are right, autumn, but it looks to me like we are setting up for our customary end of the day plunge. We'll soon know.

    So helpme_hanna

  • Reply to

    Hedges Pal

    by bigcrybaby101 Jun 21, 2014 2:22 PM
    helpme_hanna helpme_hanna Jun 21, 2014 3:25 PM Flag

    Hey newbie (or at least new user name, though probably an old poster who wishes to hide that fact), the person to whom u have reference is helpme_hanna. I am, indeed, puzzled. The apparent fundamentals (certainly based on published information) are bullish but the technicals are decidedly bearish. I admit that it is a puzzle.

    My predilection is to hold and even buy more if it hits the low 2's. On the other hand, the risk does seem to be increasing because of the total lack of buying pressure and the price collapse almost everyday from intra-day levels.

    That is what I have been saying and it is true. Only blind bulls would deny the technical weakness; and only willfully blind bears would deny the apparently bullish aspects.

    I shall continue pointing out the above and u are free to read what I say or to ignore me.

    So helpme_hanna

  • Reply to

    Todays Heavy Volume at the Close

    by autumn9991 Jun 20, 2014 4:38 PM
    helpme_hanna helpme_hanna Jun 20, 2014 6:33 PM Flag

    rmsacc,

    I KNEW u would answer me with an ad hoc insulting post. U cannot stand it when somebody suggests that your Pollyanna, positive spin only pumping might be a bit too much.

    The fact remains that this stock has been selling off at the end of the day for a very long time. It rarely holds its intra-day up moves. That is a distribution pattern and suggests that the bears are in pretty firm control. I don't know why but all your rose colored glasses will not change that fact.

    I see no fundamental problems with the company. That is why I am so puzzled by the bearish market action.

    By the way, u are getting a bit nasty in your replies to me and I really don't appreciate that. This board is NOT the preserve of those, like you, who refuse to look at all aspects of the situation.

    So helpme_hanna

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