You sound like you just started for first time on biotech stocks!!!
RIGL is like any typical speculative biotech stock. They raise money thru selling stock over time while they are in development stages... thus 'speculative. All that matters with a stock like this if you are short term trading the swings, is that they have cash for 1+ year. RIGL has solid cash thru mid-2016, so RUGL in good shape. You are spewing hot air over a futile, useless issue. Their cash is great for now, so focus on 2nd half of 2014, etc, for catalysts such as drug news developments.
A lot happened since early June!!!! I've not been here much to update (and there were a few other posts after that .001 you are pointing out here). I personally traded the swings every 1-2 weeks, & abandoned the entire bullish idea after late July when they announced the rev split proposal. A good trader is always compelled to re-assess along the way, along with taking profits whenever they arrived. I always took the bumps upward and sold (then re-entered on dips), which has been a strategy I applied ever since March 2014. I usually sold on the little pops every 1-2 weeks and never stayed in it long because that was the typical behavior of PMBS, and when it did move upward there was never great news to sustain a further hype upward, so I always sold out fortunately.
Please don't bother me. I find your advice & posts absolutely useless & your track record from posts proves that.
Your ignorance is also proved when you point out a "rev split" as a deterrent issue. Rev Splits have zero meaning or affect on 3x funds. If you knew anything at all, you would know this. 3x funds are not same as ordinary common stock shares, so the rev split means nothing if or when it does happen. 3x funds move based on an underlying index & have a daily % move correlation regardless of a split or not.
Lastly, you don't know anything about me, so your further out attempt at advice timing for me is useless!! I'm a short term swing trader. I'm in & out of JDST-JNUG every few days or every few weeks (along with others such as UGAZ-DGAZ). If you see my post history, you will actually see most of my short term trades prove right for any who followed (contrary to you).
OK, that was more along the lines of an answer worth replying to. I was earlier saying "sell me" on the idea that it is an "undiscovered gem". I think personally there are a lot of positives about CRIS, at least in the short term, so I'm monitoring it for potential entry
If I based my trades on what Blackoil posts as a simple strategy, I'd win 90% of the time at least.
I don't remember ever seeing Blackoil making a prediction that came true on here.
And still he posts with such confidence, acting like he knows everything... it is hilarious! He never humbles himself, no matter how much he's been totally wrong. And that's probably why he stinks at trading short term. He never learns, as he just keeps up the same idiotic thinking without ever being humbled & learning.
The guy literally asks for teasing on here because of that. He lacks any humility while he acts like he knows what he's talking about amidst being totally wrong on a daily basis.
Dude, you are soooo WRONG all the time. Now you are thinking there will be another QE program?? You total lack of competency on gold is so sad
I was rounding up, & did say "near 50%". If you count the time I pointed out YZC here back in March, the price was near 6.40 area (or less). Recently breaking into the 9's that makes for close to 43% if we want to be more exact.
**My overall point was that I posted about YZC in lower 6 area & people like you contradicted me back then, and in fact that was good timing & the trend has been upward ever since March when I posted.
And I'm sure after this you'll find something else to criticize, no matter if I'm right or have been right on YZC.
Have a good weekend anyhow.
Yeah, perhaps after the run today with gold down under 1280 (prior support area), you might want to start taking profits on JDST. If you were one of the sharp ones who bought 9-10 a short while ago, then I'd take at least half off the table here at 11's.
Once again, you are wrong!! Gold down -20 after your post!! So funny how you act so confident in your predictions as each day they do opposite of reality
and good valuation under 7 area. Ever since trend has been upward for near 50% gain.