Options are passed, name has been granted, results from additional testing is over and we know the launch is imminent and no one really cares much about the status of the NCE ruling. Do we go up into the Thanksgiving holiday or drift down again? The Dow and Nasdaq are top heavy right now so they may pull back a bit to get some more legs for Santa Claus rally in mid December. It will be interesting. If we get a pop on the launch news, I would be a seller until after the new year. I don't see a new 52 week high the rest of this year. The launch is already a priced in event which really doesn't mean anything until the 1Q/15. At best we have 3-4 weeks of sales in the 4th Q which will be insignificant anyway. This is the time where you day trade the $0.50 swings to pick up a few cheap shares. That's my plan!
Why would you take $4 less than the consensus estimate. If you are that wiling to take the money and run, then RUN now!
That's why they keep it in the middle this far out. They cause confusion and make people play their hand first then they adjust the PPS at closing on Friday to wipe them out. It's the same old story.
What you're missing here is that they don't have to be correct! They just have to cause doubt amongst investors to be effective. Think about it! They could care less about the product or the company. They want to direct the PPS up and down when it benefits them the most financially. These are the things that we as investors have to learn about the game.
Ron said by the end of the year so it may be the last week of December as well. Figure on 6 weeks and if it is earlier then good.
Just go through a mock trade from time to time based on when you think you should buy and sell and if you are proven to be correct, you will change your investing habits. Don't get emotional about investing, that's what the shorts want you to be. It clogs you're thinking process. Just assume the shorts and MM have an inside track on things because that's what most of us believe anyway. Just accept that if they make 10% you should be happy with 5%. Just my thoughts.
Right now in my opinion we are being driven by the Options that are expiring this Saturday, 11-22. The last five days we have seen lower highs but the lows are flattening out. That tells me that we are trying to converge around low $15s by Friday. With the market being a little heavy right now, I would be a buyer around $15 this week. The next week is a holiday week and then we should here about launch. Just take the next 10 days off as I don't see any significant appreciation coming right now.
With today's news about the positive trials, this will shoot up on Monday. Hope you were able to buy more the last few days. Its up, up and away from here right into launch which I think will be early. Just another surprise that's coming. The name and NCE are just not that important.
I see a jump to $16 pretty quickly as long as the tone od the broader market is not real bad for some reason.
Please explain your logic! At $38 a share, that's a 158% gain which just doesn't happen. Most BO are 30% - 70% as an average. If we get to low $20's before BO then maybe.
you are missing out on a lot of free shares. There is more time.
Today we closed the gap at @ 15.27 and my purchase for more shares happened at $15.26 on the way down to take out the stops set by fools. You know who you are! Now I sit tight until next the exit point. First we wait until launch PR then sell. It will take several quarters to gain any traction.