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Synergy Pharmaceuticals, Inc. Message Board

itsahorserace 180 posts  |  Last Activity: Aug 31, 2015 3:37 PM Member since: Jun 4, 2004
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  • itsahorserace itsahorserace Aug 31, 2015 3:37 PM Flag

    Who has time to read when one is posting all the time? HFT shorts have eaten so many swing traders here for lunch that I can't count them. These shorts will let you ride their back for a little while and the minute you think you've got the channels figured out they will skewer you. You are not riding on the back of a mule here, your sitting on a great white shark and don't realize it. Go luck. The smaller they are the quicker they fall.

  • Go little ones. Time to pocket some spare change.

  • Reply to

    Excerpt from "The death of money."

    by itsahorserace Aug 26, 2015 5:52 AM
    itsahorserace itsahorserace Aug 31, 2015 3:07 PM Flag

    Same old thing. Shorts working it and taking over the board. Longs here know what to do anyway. GLTA.

  • itsahorserace itsahorserace Aug 30, 2015 6:16 PM Flag

    Have no problem with swing traders, although their trading is not in my best interest as a value trader. Feeds the shorts. But you seem to think that buying and holding is "stupid." Now you may not want to be Warren Buffett, but few think he's "stupid." Definitely a grandpa though, although he's always been a value investor. Many old longs have trading accounts to go along with their core positions, including me. Probably have 10k pus shares from swinging in the $2's and $3's. Now I'm not swinging. With 124k shares under $4, all capital gain shares in February, if we sell for $15 sometime next year, well,...you do the math. In no rush either, unlike many. If I missed buyout for any reason because I was swinging my position, I would have to kill myself. Who knows when that announcement may come, maybe tomorrow, maybe next year. I don't know, do you? just holding for capital gains reasons until February in my case makes makes sense.
    Also don't believe in pumping or dumping on the board. To those that know the truth of the company, both pumper and dumpers both seem kind of stupid. And manipulative too. I believe that the message boards were designed for investors to discuss truthful information and discuss the relative merits of the company. That they are populated by charlatans who write pump and dump posts in an attempt to manipulate the unwary seems mean spirited and wholly self-serving. Kind of like perverting the constitution. We've got a good bunch of open minded longs here. If you understand the trading here why not add your real thoughts to ours? Maybe we could learn something. GSElevator was a well know swing trader that used to contribute here. Just bought his book. By the way, the other poster you referred to never said he bought shares, just that he covered. Maybe an omission on his part, but I think not. GL.

  • itsahorserace itsahorserace Aug 30, 2015 2:36 PM Flag

    The short posters here used to be paid guys from the hedge fund(s) that are shorting us. The guys posting now aren't, they're either baby shorts that are irrelevant or shareholders in other stocks that compete with us. Paid posters generally can't argue with you on your threads. These guys do. Ergo, probably not paid posters. Besides, all that goes on is "name calling." Not really rebuttals, as if they would have any effect anyway. For example, Ronnie just posted on my thread (God hate him) that he had recently covered and should therefore be considered a long. If you cover you buy shares and give them back to the person you borrowed them from. That means he has none. What he writes doesn't even make sense. Yet no one points that out, as if it would matter.

    Sorry that someone has high-jacked your ID. I would report abuse each time he uses your cloned ID, and write "that someone has cloned my ID by adding an (s) and that it is DECEPTIVEY SIMMILAR to yours, thereby causing confusion on the board, with the intent that people believe the false ID is yours." That might actually stop it. After all, isn't that the truth?
    GL.

  • Common guys. People on stock twits are starting to tune us out here because of this. What good is our message board if we cause people not to read it? We've all talked to the shorts from time to time, me included, but the steady diatribe is turning readers off.
    Buy the way, all the heavy short posting this weekend and the fact that short interest was way down the last couple of days on no volume, is like a dark cloud hanging over next week if you ask me. Shorts are in complete control with no volume. One bad ibb day and shorts will play. The charts and pps are meaningless here. Many millions of shorts shares still to be covered. These guys don't just go away. Manipulation will continue until they're gone. When we are driven down, it's the shorts. When we rise on no volume and low short interest, it's still the shorts. Longs need to hunker down and be ready to weather volatility in the next few months if you ask me. If we were at $8.50 it might be different, but being pinned in the low $7's tells me this is still a short playground for now. Let them buy and sell to themselves. Don't sell to them if you want to help.
    Having said that, trade and post your conscience. It's still a free world.

  • itsahorserace itsahorserace Aug 28, 2015 1:25 PM Flag

    They started out the day bringing it down on bad futures but when the market turned around early and recovered, they called it off and decided to wait for a down day. Never hurts to have the legal cover of a down day.

  • Reply to

    Truly a brilliant article.

    by itsahorserace Aug 28, 2015 9:19 AM
    itsahorserace itsahorserace Aug 28, 2015 11:06 AM Flag

    I agree. We're being seriously shorted again. In until buyout.

  • Reply to

    Truly a brilliant article.

    by itsahorserace Aug 28, 2015 9:19 AM
    itsahorserace itsahorserace Aug 28, 2015 10:45 AM Flag

    Think I've been doing all the whining around here lately. Just thankful no one's called me on it. Phase Iii data sealed the deal for me. Was worried about that. After all, you never know. But when it came in spectacular I knew all I had to do was continue to go long and good things would happen. We will be bought out, but I won't even hesitate a guess as to when. Shorts are easier to figure out than what the company intends to do. Trader 388 has a bias for us going longer and increasing our enterprise value. I generally follow his lead. I've bought so many shares down low, that waiting for buyout just makes sense for me. I doubt I will ever have so many shares in a baby biotech again. Also, many will go long term capital gains in February. Going longer here makes sense to me. Shorts are not going anywhere soon it appears, although them covering some shares at this level is encouraging.
    You can definitely outlast them as they will cover out at the first whiff of buyout talks. But who knows when that will be? Maybe next year. If I didn't sell at $10 I'm sure not selling at $7. After waiting this long I will not get caught swinging and be out of it when news breaks. Took my risks buying a boatload more under $3. Not taking anymore risks. Just being patient and whining about the share counterfeiting going on here. Don't sell to these guys. It's the only thing you can do as retail to fight them. They'd have a much harder time doing what they are doing if everyone did the same. But to each their own. We will definitely win in the long run with our data. Good luck. Long and strong.

  • itsahorserace by itsahorserace Aug 28, 2015 9:19 AM Flag

    http://smithonstocks.com/illegal-naked-short-selling-appears-to-lie-at-the-heart-of-an-extensive-stock-manipulation-scheme/
    Want to feel powerless, read this.
    Attribution to a stocktwits poster.

  • itsahorserace itsahorserace Aug 27, 2015 5:25 PM Flag

    First no one here cares about baby shorts like you that close their 800 share positions out daily. You are irrelevant. Second, you appear to be compleatly unaware of HFT shorting which involves massive churning of shares on a daily basis here. There is no "stagnantpool" of short shares, there is massive HFT CHURNING OF SHORT SHARES here. With the ask stacked and pulled and the bid hit with endless hundred shares lots to find infinitesimal tipping points to drive the price down one cent at a time. Third, shorting a stock is betting it will go down. That's not what happens here. We have HFT short quants here who illegally drive the stock down. Read a book on illegal HFT short manipulation and then comment.
    Finally, I will not "get used to it."
    What short HFT hedge funds do here IS illegal.

  • itsahorserace itsahorserace Aug 27, 2015 12:59 PM Flag

    On a lighter note. Stop worrying, I've called the Equalizer and he said he will take the case. Death by algorithm to follow.

  • Why aren't they waiting for it to sink into oblivion before covering? Shorts replenished their exhausted trading account yesterday. This is an ongoing criminal enterprise working here. I will keep calling attention to it until they are ALL arrested, not just those already in jail. Until the SEC steps in again and arrest more of them, little good can come of our efforts. Hold long, don't sell to them, and withstand the manipulation. More volatility to come. We have yet to escape "short gravity." They've got us on a short leash right now. They can cover some of their high basis shares here, but still have milillions of low basis shares to go. If you were these guys and had an HFT machine, what would you do next to cover. Good luck longs.

  • itsahorserace by itsahorserace Aug 26, 2015 5:52 AM Flag

    “Insider traders and those piggybacking are notorious for retaining research reports to support their activities in case the SEC comes calling. SEC after-the-fact inquiries are routine whenever the SEC identifies suspicious trading related to a market-moving event. Waving a research report at SEC investigators is a standard technique to make them go away. Stock trading criminals have gone so far as to prepare their own research rports for the sole purpose of having a cover story in case their insider trading is ever questioned. Given this well-known technique for foiling investigations”
    Likewise, shorts use a down IBB day or down S&P day to provide legal cover for their bringdowns. They stacked the Ask yesterday at 7.02 and other prices above $7 to block the stock from rising using their trading account when the market was rising and when the S&P tanked later in the day used it as legal cover to smash the price down again. This is what you are seeing. Do you really think longs and tutes started selling SGYP dramatically late in the day when the S&P turned south? It simply provided shorts legal cover to illegally manipulate us down! I'm sorry, this is all manipulation. We don't trade with the S&P. But were the SEC make inquiry, they could justify their selling here with the move. I'm not talking about baby shorts here, I'm talking about the hedge funds that continue to crush us. They are crooks plain and simple and they know it. And they cover their illegal trading with market moves. If I bump this post a bit today forgive me. I don't want short posters to push this off the page. I recommend reading The Death Of Money. Do not sell. They are now trying to cover some as you can see.

  • Reply to

    Shorts circuit breaker on SGYP today.

    by itsahorserace Aug 25, 2015 10:08 AM
    itsahorserace itsahorserace Aug 25, 2015 11:55 AM Flag

    521 size stacked on $7.02 now. The more things change the more they stay the same. Took me over a year to convince many of the old longs that here it is all shorts all the time. Don't have the will to do it all over again with the new guys. Basically, on low volume days like today, I think of the trading as being 100% short. All the numbers, charting and action suddenly make complete sense. The only thing that screws me up is when some buying comes in. Totally messes up my read on the bid/ask, because it happens so rarely. On a real HFT day, you see their algorithm resetting by equalizing the bid ask. A little trick I've found is that when it resets with, let's say 12 on the bid and 12 on the ask, whichever side comes out after the reset with more size tells you the direction of the next cent move. If the ask comes out of the reset bigger than the bid we go down a cent, and visa versa. Also the more it resets and equalizes the more pressure they're under. When there is heavy buying is resets and equalizes ever three minutes, when they're just controlling things it resets infrequently. I figure stuff like this out when I'm bored. Like betting on which raindrop will hit the bottom of the windowpane first. Also, newbies have NO IDEA of how long these guys can keep this up. They can do this for months and months. They keep thinking two down days will be followed by a big up day. NOT! Also hate to hear people talk about us "consolidating," and "back-filling," when they take it down. Our price, absent buying, is purely a function of "short will." There is no resistance or support here. The only way to predict what the pps will do next is to figure out what shorts are doing. And it's near impossible to get inside their heads on a weekly or daily basis. Think short interest is out tonight. I would talk about something else if there was something else to talk about. These guys should all be arrested. Always good to hear you voice. GLT

  • They will switch to using their trading account to do the same thing. This is an unbelievably manipulated stock. They will try to cap us by stacking the Ask.

  • Reply to

    for me, the question of the day is...

    by biodrift Aug 24, 2015 12:41 PM
    itsahorserace itsahorserace Aug 24, 2015 2:58 PM Flag

    Looked at the tick by tick for a little while. Sorry to say this is still mostly shorts averaging up. Some momo buying at the bottom. Few stop losses here because we flew right by this price on the way up. They need to churn here, hence th run back up to $7 And then back down. This is simply the most manipulated stock in the history of the world. With shorts averaging up, they'll never get squeezed and I'm resigned to the fact that they'll be here until the end. I've been in Itally for August so the time difference is pretty big. That's why some of my posts are at weird times. Just watching the carnage and holding long until buyout. Not selling a share. We will be millionaires here in time. Just patiently waiting for buyout. Don't need the cash right now, and it's a good thing. China blowing up has simply given them a new dimension of fear to play with. All HFT patterns today if you ask me. $6.75 seems to be a big deal for them today, but let's see how it closes. Short interest out soon if I remember. That will tell the story I think. Good luck to you. Don't need to tell old longs like you not to sell. You already know the story here.

  • Reply to

    BO could easily be less than $10 PPS

    by ronsmithson54 Aug 24, 2015 8:10 AM
    itsahorserace itsahorserace Aug 24, 2015 8:41 AM Flag

    Same logic would apply to $8.50. That's why it doesn't make sense.

  • That's a major reason I bought it. Ignore those who would somehow try to compare it to risky systemic drugs that might carry systemic consequences. Besides molecule is completely de-risked with two phase Iii trials.

  • itsahorserace itsahorserace Aug 22, 2015 8:35 PM Flag

    Now that is a good post! Good job.

SGYP
7.03+0.21(+3.08%)Sep 2 4:00 PMEDT