You mean the smart investors? They are waiting for the bottom. We are not there yet. Investing now is like catching a falling knife. We have 6 more months to meander downwards. The longs on this board will crucify me yet again for saying this but deep down they know it's true. I've learned over the years not to get emotional about a stock and if it becomes a bad investment overnight, sell, take the loss and move on.
Your good news is coming all right. The markets are opening in the red again due to China and KERX will drop below $12 as a result. More dead money. Stop looking for good news to justify why you are still invested in this stock. I keep telling you to get out until the mid summer. That's not a short message it's one of wisdom accumulated over the years.
Goodbye for now but I know you'll be back. You just love to hear what I have to say because you know deep down that I am right more often than not. A 45 degree down line this week means more selling pressure next week. The 52-week low will be hit before next Friday. This is where this stock has to go.
Tower this is KERX. We have landed safely at or slightly below the $12.50 level as originally thought. We await further directions on our next flight course.
It's the longs that don't appreciate good observations that are the jerks. They keep saying I am short because of what I write or observe! They cab say what they want it doesn't really matter. I am out for now (which I have clearly stated awhile back) and will most likely get back in again (as I have also stated) That doesn't sound like a short to me but whatever. People are too married to this stock, I agree but I am not. I got out when I saw the charts were not acting positively and have saved a big sum of money in doing so. If this drug is as good as people think and we get EMA approval and the Phase III data next winter is positive then we can gat to new highs. It's just a matter of time until we hear the news. I a telling people to get out for now, take a loss if they need to and get into something else because this stock (RIGHT NOW) is dead money. If the broader market gets worse, we will also. Not sure how low but sub $12 is right around the corner possibly which will be close to a new 52 week low.
I chuckle at you as I watch the veins in your neck swell with disgust as your life savings just got even smaller. This stock WILL be good, just not until mid summer. Dead money for now. Oh but I told you that what a month or so ago.
Tower we are now down to $12.61 and cruising nicely. We should touch down at $12.50 real soon and we thank you for your support on the way down.
Little testy today after another drop in your life savings? get over it. I told you what was going to happen and you chose to ignore me. Your issue to deal with it now. I can't help you anymore.
I think your number is a little high? if it was accurate don't you think the PPS would be flying instead of dropping?
It's a tough life we chartists live but I call em the way I see em and this chart didn't look promising right now!
Do you still have your pom-poms out this morning now that the real trading is underway? Check out my post a few minutes ago for a reality check.
We have started our initial decent to the $12 range. Things are looking good and orderly here at the deck. We have clear sailing down to altitude level of $12.50 with no longs in site. Gee, I wonder if that guy who called the channel breakdown yesterday knows what he is talking about?? Hope everyone enjoyed that $13.45 head fake in AH last night. Just another sign of what's to come.
Did Craig also explain why after approval the PPS is still under $11 hummm?? Don't believe these guys. They get paid to out do each other so people read their worthless trash. Today RMTI is worth $10.83 and that's it!
Your name alone tells the story. Forget what Craig says, I say possibly as high as you are right now for thinking he is accurate in his prediction. That's such a joke. He's predicting well past your lifetime no matter how old you are!
As I stated before, I am no longer in the stock for now but I do still watch it for the next time to jump back in. Just because you're not invested doesn't mean you stop following the patterns? I report my observations from what I see happening day to day. If you don't like what I have to say, then why do you feel the need to follow my comments?? Please ignore me so we don't have to keep having these conversations but you can't and you won't. Deep down you know I am right and always wonder what I am going to say next?? You're hooked!
We are heading back to mid $12s quickly before we try again. The stock has no legs to move higher beyond the range with which the MM like to play with themselves in!!