ikant = Immanuel Kant (the Philosopher i study)
Coach - I am also a distance running coach and have guided dozens of first-timers to a marathon finish. I do this based on my experience as a former elite marathoner (way back in the day) and I do this for free...my way of giving something back. So....crawl into a hole and veg somewhere.
Yeah? I am long close to 50k shares between my trading and 401k accounts. I have been accumulating since 2009, you silly #$%$. All I am doing is trading a few thousands to pay for my expensive taste in bourbon. If I lose on a trade, I will drink Miller Lite. So...why don't you go f yourself?
I thought it was a cool little story/joke regardless of your long/short position. come on, you have to learn to laugh. And let's face it, what if there turns out to be a parallel with this story for CLDX? I mean...are you telling me it is impossible? Tell that to people who invested in Enron, the company that could do no wrong or Bernie Madoff. EVERYTHING looks rosy until the thing implodes. I am long, very long in CLDX and I hope I am not " Enronned" on it. In the meantime, stories like these make me laugh and...I daresay, gives me some points to ponder.
ok..will the $24.50 hold or will the MMs basically say, "we have sold our 8.5 mil shares...we don't give a &*$^&" and let the market do what it does? I don't see why not. that's what I would do if i were them:)
4600 shares sold at 25.75 and covered at $24.90...basically, trading within a long position. Probably do that tomorrow too, if luck can hold, and trade a few thousands again.
If this is a certain short that will come down significantly, and it may, why not exit at $25.27 or whatever it is right now?
A guy who can buy 35k shares casually in and out will not be around these message boards. Eduardo did just that and I am not sure how credible that trade is. Secondly, he traded nearly his entire IRA worth on that trade yesterday. Pretty impressive. All these numbers...makes me want to go long:)
Probably won't need a Harvard MBA to figure out that there is not much profit potential for a short at this point. We shall see.
That is quite a candid response and I have to say, while I am long on this, I do respect your views. It is all about conviction and you have been clear.
Thanks so much Neshua and Whip for a nice breakdown. This is great information for someone like me. Thank you both
Neshua...Can you break it down in layman's terms what you mean by "P values mean NOTHING at this point". This appears to be the point of contention between bulls and those who are on the sidelines. Can you shed some light on this so that a non-medical person like me can digest?
J20..as you know, I am very long but I think we are some distance away from saying that Rindo "works". I am going to ask Long his opinion on the article. As for multiple shots at the goal, I agree but I have a feeling we need approvals or takeover bid before this thing moves significantly up.
Well....he called it a buy at $17 and he called it a buy again at $20 something and at around $28 levels and then it is around that time when all biotechs fell together with Celldex from $37-$38 levels he asked to take profits. I think at around $23 he said to look elsewhere or something. I don't think he has been necessarily bearish on the stock long-term. He has advised caution given how many biotech investors get burned by companies who announce poor trial results after so much hype. Now, CLDX has a deep pipeline and again, he has not been bearish. Adam F. on the other hand is a genuine skeptic and his articles have been consistently negative. I am going to give old cue-ball a pass on this. His calls were more or less spot-on. I don't believe he influenced CLDX's drop. All biotechs dropped after a major rally.
FYI, I neither bought on Cramer's advice nor did I sell. Simply stating that he called the technicals on this fairly correctly. I took a substantial paper-loss interim but there again I am in for the long haul.
Bottom Line...if you had traded CLDX per Cramer you would be net-net a lot wealthier than you are today
Neshua..where can I find the Oppenheimer report? It is not on Yahoo Finance..
bleecker...I have been long since 2009 and I agree with you. There are too many people on this board who are emotionally invested in the stock, an absolute no-no. Their love of the stock and the science (not a bad thing in itself) tends to clouds their judgement from a trading perspective. I don't know enough about the science to know whether the results are truly from fantastic from both scientific and investor perspectives, but I do know "sell the news". I have not done this with this stock but this time, I will be following the old adage and taking some money off the table leaving a core position in. Your comments merely reinforce sound trading principles. Caveat..we both may end up missing a big move upwards given that the MMs have tended to surprise in the past or there may be a takeover bid but that is part of the risk we take when following tried and tested trading principles.