Lyle it was said a while back that there wasn't going to be a RS. I can't remember who it was but now the BOD has set the table. If they do a RS you can darn well bet they will do another round of financing. I wish you Doc and Smarty the best. I will be here until I retire my position. At least I may get another chance to blow out around a buck. I know you guys don't like my negativity but there always needs to be a contrarian. Otherwise Smarty my get out of check lol
Doc, I would like to agree but their (ACUR) track record has been dismal at best. It's like betting the long shot at a horse race. Odds are against them. The deals they made won't net them very much. EGLT is a new contender in pharma sales and competing with several companies with the same drug variations. (me too drugs). I have been selling too but not so I can buy again in my IRA. I am down to about 60K shares left and will sell into any rally. Good luck with your plan. I hope it works out for you. (and Lyle and Smarty) I don't trust these guys at all.
Management needs to be flogged. You would think that Wall Street sending the stock down by more than 50% in one month would be a strong enough message. How stupid do you have to be? Oh wait, they're Greek.
Shares of Star Bulk Carriers Corp. (NASDAQ:SBLK) were the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totalling 4,031,958 shares, an increase of 38.2% from the February 13th total of 2,916,728 shares, American Banking & Market News reports. Based on an average trading volume of 488,289 shares, the days-to-cover ratio is presently 8.3 days. Currently, 3.3% of the company’s stock are sold short
EGLT is doing an offering of common stock to raise money. They are probably doing it to hire a sales team. They are in a transition much like what DEPO went through. If you are wondering if they are going to use the money to buy ACUR I highly doubt it. They have the drugs they need already through the agreement with ACUR. Why by the cow when the milk is free. (almost free) it was a great deal for EGLT.
get some take from you guys. Comodities are down and several sectors are down with it. Dry bulk shipping...way down. Several companies almost 80%. I love to bottomfeed. I am not quite sure about DRYS or SBLK. SBLK has some debt but they used that to buy newer ships so their fleet is getting big. Also DSX looks tempting with a recent downgrade. All or most are at their 52 week lows. Thoughts?
and it's "you're" not your. So you resort to name calling? Are we someone with 500.00 and no HS diploma trying to be a trader or just a paid soft basher from China? Learn English and grammar first and you will go far.
I follow Adam quite a bit. I have made more money with him (AF) by either bailing on the stock or grabbing shares when he is positive. The fact that AF was neutral to positive bodes well here. Especially since he said the stock is not done running. (his quote of the stock will continue to get investor attention). When Adam calls a spade, a spade you should probably listen and vice versa. He is not here to be popular and he takes emotion out of the stocks. Plus he just has better connections than the average analyst.