Recent

% | $
Quotes you view appear here for quick access.

PIMCO Total Return Active ETF Message Board

itsahorserace 200 posts  |  Last Activity: 3 hours ago Member since: Jun 4, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Short interest up 1.8mm to 16mm

    by itsahorserace Mar 24, 2015 4:20 PM
    itsahorserace itsahorserace Mar 24, 2015 9:00 PM Flag

    If they didn't think they could do it wouldn't they logically have covered already beginning at $2.50? And shorts don't cover into buying during a runup, they cover into selling. That comes after the runup.

  • Reply to

    Short interest up 1.8mm to 16mm

    by itsahorserace Mar 24, 2015 4:20 PM
    itsahorserace itsahorserace Mar 24, 2015 8:05 PM Flag

    Appreciate all the good thinking here. Nice to be able to talk to other longs without short Bashers destroying the thread. I listen to all the old longs. Biodrift, always one of my favorites. Daily short interest was 68% today. Heavy churning. And all right when volume drops. There are two schools of thought right now as I see it, those that believe shorts have covered massively during the last few weeks and those that think they may have been tamping down real buying, and covering intra day to bring us down. I'm leaning toward the tamping down theory, but if they've covered that would be fine too. We need them gone. My current theory is that they're here for phase III, and that means they intend to bring it down later one more time to shake out shares and cover after data. I won't sell to them above their basis which I believe to be somewhere around $4 - 4.50. Weren't those last two million shares bought around $2.86 - $3. That got to hurt the short basis. And they added a million before that down low. How do you cover 3mm shares bought around $3. Well, if you could buy your own shares that would work.

  • Reply to

    Short interest up 1.8mm to 16mm

    by itsahorserace Mar 24, 2015 4:20 PM
    itsahorserace itsahorserace Mar 24, 2015 5:24 PM Flag

    Just hand your shares to yourself by walking from your long position room to your short position room. Don't need to trade them. If you're able to cover your short down low, you could even take the loss on the sale of your shares to yourself. Just thought of that. Shorts don't think the data is bad. This is all trading. I'm not saying this is so, but it would make a lot of things that don't make sense now make sense. I gravitate to ideas that make everything make sense.

  • Reply to

    Short interest up 1.8mm to 16mm

    by itsahorserace Mar 24, 2015 4:20 PM
    itsahorserace itsahorserace Mar 24, 2015 4:49 PM Flag

    Consider the following: If shorts already owned 16 million shares of SGYP, then they could cover into themselves at any price. What they lose on their short they make on their long and visa versa. If you knew you could cover into yourself you would have no fear. People think I'm paranoid, but when things don't make sense, you just got to go deeper. These guys have a hard on for us, and inquiring minds want to know why. Will look for covering next reporting period, but Im not as sure as Beton how the numbers will turn out. People have been saying for over a month that they've been covering, but we haven't seen any yet,

  • Reply to

    Short interest up 1.8mm to 16mm

    by itsahorserace Mar 24, 2015 4:20 PM
    itsahorserace itsahorserace Mar 24, 2015 4:25 PM Flag

    Tried to post this three times and it kept getting deleted. Did you hear me mention a conspiracy? Not.

  • itsahorserace by itsahorserace Mar 24, 2015 4:20 PM Flag

    They did load up.

  • Reply to

    smoke & mirrors

    by biodrift Mar 24, 2015 11:05 AM
    itsahorserace itsahorserace Mar 24, 2015 2:07 PM Flag

    Like you, I learn everyday here. Got to think it will make me a better trader in the future. If you can navigate this #$%$ you can trade anything I think. Always appreciate your thoughts. If I were short it would sure be nice to see $3.99 by Friday close. Just saying.

  • Reply to

    smoke & mirrors

    by biodrift Mar 24, 2015 11:05 AM
    itsahorserace itsahorserace Mar 24, 2015 1:33 PM Flag

    Don't discount the MM's role here. They need to provide liquidity to the stock. When buying eclipses selling on volume for a while, the MM starts to get low on shares. Without the conversion, there still aren't many shares to be had anywhere. I think the MM may need shares, and this might explain how 375k shars get sucked up instantly. Only though if he thinks he can sell them later for a higher price. Just one more overlay to mess with your mind and make an already confusing picture more so.

  • Reply to

    smoke & mirrors

    by biodrift Mar 24, 2015 11:05 AM
    itsahorserace itsahorserace Mar 24, 2015 12:08 PM Flag

    Boy, is that a tough question. My thoughts are as follows: First I'm concerned with the volume today. It really has dropped off, which allows shorts to take more control. $4.20 seems to be the point shorts won't let us pass right now. And they're not happy with $4. The big trades of 375k red Are interesting. These shares could have Had much more impact had they been HFT traded down rather than sold as two blocks. There has been a guy swing trading a block of 125k up and down. You used to see a green candle up for 125k shares then a sale later in the day for 125k shares. Maybe this was that guy dumping his rather large swing above $4 when it looked like shorts were taking us down. Maybe he purchased below three for a swing. So I don't actually think they were short sales, but real selling by a big swinger. I also think the MM is playing a role here. I don't think he wants it below $4 for now. Breaking through was too hard. And I think he thinks this has more upside. Frankly I'm surprised shorts aren't more active today, but the days not over yet. Feels like we're levitating today, just floating up on top of low volume, with shorts laying back. Breaking through $4.20 will be meaniful to me if we can hold it. Very skeptical that will happen because there is no resistance until the high $4's, and it could get away from shorts. Don't think shorts will permit it on low volume. They will have to be overwhelmed to break through, and I don't see that going on today. If we see $4.20 think you'll see 120 on the ask and that will be the end of it with this volume. I have no radar on buying. If it keeps up we go up. Big fight at $4.20 though.

  • Reply to

    seems to be an effort to try and hold it

    by hawk25702 Mar 23, 2015 2:54 PM
    itsahorserace itsahorserace Mar 23, 2015 3:09 PM Flag

    Today is a bad day to run with the IBB down over 2%. MM predisposed to downward volume. Surprised we're holding up this well considering all the downdrafts we have going on today, the shorts being the main problem as usual.

  • Reply to

    Horse

    by longteam555 Mar 23, 2015 9:20 AM
    itsahorserace itsahorserace Mar 23, 2015 10:25 AM Flag

    Gotta figure you can look at the chart yourself. What's up? Already wrote that nothing happened for the first time in a long time. So did Beton. No covering, no loading up. Looks like shorts are troubled to me. Trying to hold $4 seems in perfect character. The more shares they spend keeping us down are shares they don't have to bring us down. Whats your call on near term short action and price.

  • Reply to

    Why did the IRWD exec. sell his shares?

    by hank.kimball Mar 23, 2015 8:50 AM
    itsahorserace itsahorserace Mar 23, 2015 9:13 AM Flag

    This is a good question. Maybe when IRWD decided not to sell, he decided to take his marbles and go home. Perhaps didn't want to wait two or three more years for a big payday, so sold it high on the buyout rumor.

  • itsahorserace itsahorserace Mar 22, 2015 8:04 PM Flag

    To be honest, I simply don't trust the close around here. Shorts sold a lot of shares during the day to bring it down, maybe they bought some at the close. Frankly, I find it much easier to recognize short trading than I do real buying. You never know where it comes from or how much more is coming. What's more, Tutes have no great desire to run it up either. Love to watch the trading, but I don't trade it. Maybe if we breakout I'll swing a little on phase III. Waiting for buyout, and am willing to wait for a fair price.

  • itsahorserace itsahorserace Mar 22, 2015 5:56 PM Flag

    Thanks for that. I've been wondering. Good find.

  • Reply to

    daily mail uk - 'fake leak'?

    by drdjinglez Mar 22, 2015 5:34 PM
    itsahorserace itsahorserace Mar 22, 2015 5:52 PM Flag

    I originally found it on stock twits for IRWD. They're definately all over it. No one uses the MB there. Trying to understand this short position does take you to some strange places, it's as real a a rumor can be.
    A lot of the big boys on stock twits used to think this was ordinary shorting. They've since changed their minds. These guys tried to ruin the company, and almost did. This is no ordinary short. I've seen a lot of them, and I'd bet money there's a story here. Maybe one day we'll find out what it was.

  • itsahorserace itsahorserace Mar 22, 2015 4:43 PM Flag

    Shorts are getting a nosebleed up here so we go down unless they are overwhelmed by volume like the last few trading days. It's really that simple to me. On a daily basis it's still all about short manipulation here. I would love to see buying Continue because shorts have to dump so many shares to keep it down. Sooner or later their well will run dry. Look at all our restiance levels going both up and down. We blew through them like they diidnt exist. That's because they don't really exist, they are simply manifestations of short will to fight. Shorts don't like to bring it down when there's so much volume. They'd rather wait until volume slows down to drop it. In the meantime they just HFT buy and sell to stop it from running as best they can. This has run too far. They started bringing it down on Friday after the heavy volume slowed. I believe they wanted to close us red but the big morning volume screwed them up. I think shorts really want to close us under $4. If just for the psychological impact of it. They want a war at $4, but this volume is just blowing them away right now. If it keeps up they will be in trouble. If the volume keeps on coming we go up, no matter what they want. Downward price target? Anywhere, below $4 please. Upward price target? How high can shorts let this go before it gets away from them. Size right now wins. Let the horses run. In until buyout, and shorts, as always, hope your trade fails miserably. Ps. If this volume were to continue until data release and beyond, we just might squeeze these guys, but that's what it would take. Glta.

  • Reply to

    Linzess data: Good read! Longs and Bashers.

    by prxl Mar 22, 2015 2:23 AM
    itsahorserace itsahorserace Mar 22, 2015 10:35 AM Flag

    Why isn't anyone simply looking at overall responder rates. We kicked IRWD's #$%$ in those.

  • is that shorts want you to sell right now at $4. Please sell, even just a few shares would help. So, it's a no brainer. If shorts want to you to sell, HOLD. This $4.15 stuff is clearly very scary for them. Their fear here is palpable. Glta.

  • Reply to

    Some odd short thoughts.

    by itsahorserace Mar 20, 2015 10:52 PM
    itsahorserace itsahorserace Mar 21, 2015 3:59 AM Flag

    What's wrong? Choking on this volume? I live to drain your pockets holding it down. The hard push to close it red didn't work on Friday. Surprising this runup, isn't it? Go figure. In until buyout, can't wait to see who wins in the end.

  • Reply to

    Some odd short thoughts.

    by itsahorserace Mar 20, 2015 10:52 PM
    itsahorserace itsahorserace Mar 20, 2015 11:43 PM Flag

    You mean, "we will be owned by big pharma soon,". The bread is almost ready to take out of the oven. Needs another six of seven weeks though. Then it needs to sit a bit before eating.
    By the way, I wouldn't talk anymore about IRWD and the $30 a share buyout offer they received. Realize that once you say IRWD in conjunction with "buyout offer at $30," SGYP shareholders' eyes glaze over with thoughts of Lambos and houses on the beach.
    Not your turn to talk. Check the chart, up 12 cents green on Friday. You get to talk on red days.
    As for triple witching and you guys, I didn't see any covering or borrowing. For the first time in a year.
    I'm gonna love to hear the story behind this big mess shorts have created here. And there is a story. Things don't make sense. That why moist of the deep think posters here have their favorite conspiracy theory. The mind searches for meaning where none apparently exists. Sometimes I think you just have to be able to cover into yourself like clsp or noteholders to keep up this madness. Oh well, we'll find out one day. And I will find out because I will outlast them! Glta.

BOND
110.05-0.050(-0.05%)Mar 30 4:00 PMEDT