Since I get to be first, I guess Yahoo. Hell, they won't even let you get on the message board. Then there's that nasty legal stuff. No partnerships with Yahoo. You know they've got money. Yes, they hate us and they have hired Birdog to nag us to death. I reserve the right to change my vote if and when an active link to the message board is actually established.
When I need you to save me from myself I'll give you a call. One day when you grow up they might let you bash a stock selling for over 50 cents that's actually on a major exchange. This is a spec play. People take their chances. I've been to $4.50 twice already with this company. You weren't around then. The only thing about you that interests me is who pays you. That I would love to know. Who fears the rise of this tiny little company enough to pay you to bash it. Last year I would have guessed Google, but they wouldn't do that to a partner. Velti is dead. And we just partnered with MM. I guess Yahoo. They clearly have it out for us. Hell, I feel fortunate that I can even get to this message board. Maybe I'll take a poll.
Beton, do you think they'll sell after IBS or will wait for phase III CIC data mid year? Clearly, the consensus is they will sell after IBS data read, but with phase III already begun, and the money spent, wouldn't we be better off waiting for the CIC results?
Clearly we're being dinged by some tax loss selling. No doubt, many shareholders are down here big. That some are selling a few shares is natural. Still see 60 cents after the third quarter conference call. I'm sure I will be appropriately chastised if it doesn't happen.
Maybe I'm starting to see shorts everywhere, but I'm pretty sure IRWD has been shorted heavily since the Goldman downgrade. They took it down hard to the low $9's then it ran to $12 and it looks like they're being taken down again. And what about TROV? With their tiny float they've been hammered recently by shorts. Feel sorry for them because it's very recent and they haven't quite figured out what's happening to them over there. I think IRWD, SGYP and TROV are all being heavily shorted and I don't think their share price, like ours, reflects reality. I think they may be just like us, being shorted by quants. Look at their charts closely and they all bear that distinctive pattern the shorts have shown us here. They look mechanical, not organic. Also suffer from the hundred share bid/ask problem.
Month after IBS data presentation = $10 (took almost a month after phase II CIC for stock to pop)
First Phase III CIC data = $13
Buyout before they need to raise cash again = $20+
Was that you on the close ocean? Very funny. You can tell they're trying to cover a few shares. Covering some shares is good, considering they never seem to be able to do it. If you want to see a bloodbath go check out IMUC. Their first phase II trial basically failed. Stock down over 60% in a day. We've got great phase II results in the bag. All we need is banging phase II IBS data and we're gone.
Just wanted to thank you again for your fantastic posts from many months ago. Hope you and yours have a great Christmas and are in good health. You helped a lot of longs (me) understand what these shorts were doing to our company. Changed everything for me. SGYP is now know as a stock being shorted by a bunch of quants who are trapped at $4.60.
aany, thanks for the level II info. It's particularly salient when the shorts are active like now. If some don't appreciate "tick by tick" they don't have to read it. I also think your post points out the most important issue of the day.
Must not have looked down the subject chain far enough. Dealt with that hours ago. Maybe that hundred share trade will create the breakthrough you guys have been waiting for. Ding, if you want to do "close magic" you can't let them see you palm the little ball and put it in your pocket. Trying to prep us for bringing it down a little tomorrow? Just remember, try to suppress your gag reflex when you see the volume, it'll be all you.
Guess there's no limit to what a trapped short will do. Bet you short interest went up today. Ding, the guys I talked to at Fidelity said you can't cover by buying your own shares. They said you actually have to buy someone else's shares for it to count. With all of the new shares you guys have purchased recently, you really are going long, you just don't know it.
First, you guys go broke buying your own shares. Second, no worry, it'll pop back to $4.60 in a heartbeat, like every other time you've brought it down artificially. After that, I simply don't know what you guys do. If you can't cover at $3.83 I don't see any real hope for you. You guys have done this way to many times. When longs see you bringing it down now all they see is your inability to cover. Might as well advertise that your trapped. You time is almost up. I can wait. I'm not paying interest to hold borrowed shares. Love this low volume environment you've created. Really great set up to cover shares.
Knowledge is power. Can't wait to ride this up with all the longs here who have been so great. When the company sells, maybe we should all meet and have lunch. Did this a couple of years ago when another spec deal went well. It was fun. We can argue about who's car is faster.
Ding, what can I say. It's your destiny to be crushed in this short trade. Almost sad to see you thrashing around trying to pry a share or two loose. Where's your dignity man? Gave up covering huh. Your right, why bother, you guys missed your exit and it's been all damage control ever since. Your carrying costs alone must be staggering. It's destiny Ding. Still no volume. What to do, what to do.
Is there a difference between pre-screening and screening? The words imply a difference.
I agree completely with your conclusion. These guys are such good traders I keep waiting for them to pull a rabbit out of their hat. But I think the rabbit died from being kept in the magician's pocket too long and pulling out a dead rabbit just won't work.
Dear Ding, just checked in with Fidelity and they said your prediction of tax loss selling in SGYP is completely wrong. They said that if there was going to be tax loss selling we would have seen some by now. Also said there has been no tax loss selling the last few days and they didn't expect any this year. Sure hope that's not what you guys have been waiting for or you're in even bigger trouble than I thought. Bring it down, cover a few shares, and then bend over and put your head between your legs, because you've got a hard landing coming up.