You must have an alert when the stock is red so you know when to post. I have to give you a thumbs down just because you're YOU!
Does every drop in a stock price have to be due to a possible bad news leak? I am so sick of people thinking this way. Stop investing then. You are all buffoons if you think that stocks just keep going up. If stocks can go up for no reason, than they can go down for no reason. The MM control the stock movement to make money for themselves first and foremost. If more people want to sell than they will lower the price and visa versa. Just chill out and wait for it.
It's amazing how two people take the same piece of news and interpret it completely differently?? Ice, you take any little morsel you can find and add a negative spin to it with the intention to hopefully scare people into selling. MGM on the other hand takes this company so seriously that he feels the need to defend it 100% or he may lose his retirement nest egg. Why is our society like that?? We should all be wishing KERX well by being long and strong. Ice, you are on the wrong side of the trade right now by being short. The company is well run, does things the right way from what I see and will be successful for a long time if it does not sell out.
I am so glad you keep sharing this brilliant investing advice. $0.20 here and $0.20 there, you're rocking it. Did you make a whole dollar yet?
I think it will be a 12 year delay and by then, Spill will be president of KERX and will lead us to the promised land. Really man I love to see what BS you write each time. It's worth the price of admission.
Three day chart is stuck around $13.80 and has increasing higher lows. This is another ascending triangle formation like we had a week ago when we went from $13.20 to $13.80. Figure next week we will see the next jump up. With each leg up, more pressure gets applied and more shorts have to start covering little by little.
I don't see why they wouldn't be 100%. I see no reason for the FDA to even take an entire day discussing this. No hurdles right now except the fact that there are five weeks left to manipulate the stock and a May option that will suppress the price until mid- May.
Here's what he needs to say. The FDA has everything it needs now and we expect a decision on or before the 7th of Sept. We also have learned from Japan that sales are gaining traction and the product is being well received. We are excited for our FDA review and even more excited about our chances of gaining regulatory approval in Europe as well. That would be worth at least 5% if not more.
Whenever a tech pops that they don't like or weren't ready for, they issue the same canned statement. We rate them a sell because they have no earnings, no sales, they are losing cash, blah, blah blah. No #$%$ Sherlock, they are in development stage at this point; therefore no product to sell, no earnings and the cash is being used to further develop the trials which are working towards FDA approval at some point. What a weanie. Just because he missed the boat on this one, he has to slam it to lower it down.
First of all, who asked you to write your column? Second, they use a very negative tone in the title but for every negative thought, they offer the positive counterpoint, why if your point is to slam the stock? Third, they are repeating concerns that were raised months and months ago so it's just a timely article to knock the PPS down early next week as we approach options. These type of article are always self serving to someone on the short side. f no one sells their shares, the article will look foolish if it isn't able to derail the stock somewhat. Shorts are desperate right now. They see the stock creeping along a little at a time due to lack of volume. In their article, they state that shorts have 30% of the shares. the last time I heard on the MB, tutes were over 90%. More deception. These guys are jokers at best and know nothing except how to slam stocks. We'll see how thing shake out next week but since we did not at least hit $13.85 again, the stocks legs may be getting tired here. Broader market once to get the DOW17,000 in the worst way so it can start it's summer correction. We will see 17,000 on a quick pop one day so it gives CNBC something to talk about for hours but I m looking for a retracement to 16,200 by late summer. That's about 5% which is healthy going into next fall.
The 50 DMA is just above $14 say $14.10. he 200 DMA is just about $13. We are currently above the upper Bollinger band and the DOW is about 50 points away from 17,000. The options money is at the $14 level for both puts and calls. Since we closed the gap at $14 I don't see too much more upside right now w/o news. Yeah maybe we touch $15 on an intra-day run up but that's it. We drop down below 50 DMA in a few days and stay above 200 DMA for a week or so. Once options are over we may push for $15 again. I have another buy order set at $12.80 to $13 on a dip and will hold again until $15 level.
Why stop there. Original BO offer gets denied and second bidder comes in and bids $55. While thinking it over NCE status gets approved and original bidder ups ante to $65. Second bidder thinks hey I better increase my offer so he goes to $75. Ultimately after 2,000 offers back and forth, MNKD agrees to get acquired for $13, 680 per share and "stockspecialist" makes billions of dollars. He buys an island off the coast of "no where" and disappears forever. E-mail me for the moral of the story???
The slope of KERX's latest run Between June 3rd - July 3rd is approximately 0.13/trading day. This may sound low but come August 3rd we should be in the $18.96 range and September 3rd in the $21.82 range. Now before all the naysayers jump all over me there are a few caveats. Yes there can be news that comes out that can change the slope dynamic; and the days I sighted may even be weekend days. The point is that KERX is trending higher with a nice steady slow as you go mind set. The trend also seems to be in line with the projections as well. If we see $22 before approval on 9-7-14, a quick profit taking may be in order. Wait for things to settle down and look to get back in about 10% lower and ride it to the BO offers.
I did just below $15. I am back t be100% invested in KERX and will now wait with the rest of the longs. Although I still think I could wait for another drop in late August, I will hold and not risk it. I would say about 40% of my shares were from reinvested profits and not new cash. Once the approval comes, it will be sweet to sit on a new pile of cash.
Just reviewed the 6 month chart and since the week of Jan 16 we have crossed the $14.84 price level 25 times. We had two great runs immediately following to new 52 week highs and we also had the last run up following the unnecessary drop due to the delay. Either way, we will not stay down here long. The stock is too good and it provides a necessary service to those that are suffering. Let's get thru next Saturday (options expiration) and we should take off until the end of August which is when the real bear raids may occur OR the short squeeze???? 30 more days until the real fun starts.
is only about $0.20 short of closing the gap from a few months ago. We should reach that quickly, and start to rise from there. The tutes know there is money to be made here and will do whatever they can to ensure that happens. We have to learn from this and be smarter the next time not to fall into the same trap. I have seen this before as I was in CHTP and the pattern is uncanny. This time I loaded up in the mid $12's and lower $12's because I had cash. I did not see it dropping too much further but I knew today would be a down day as well. Stay patient and don't use stop limits or you WILL lose your shares. Learn from this going forward and you will make even more money next time another KERX comes along. Here's another thought for some. CHTP reached a high of $6.83 post approval. Since approval the stock retraced to the $5 level within weeks. Yesterday they agreed to be acquired for $6.50 which was less than their post approval high. Pay attention to this because this could happen here as well. Post approval of KERX, sell it all and wait for the correction of about 20%. Then buy back in and wait. If they get acquired, you make more, if they go alone, the stock will meander until sales become significant. All these bio's work in tandem because they are al run by the same MM. That's the lesson here. Class dismissed!!
It means that you can now buy it at $0.65 tomorrow and wait until it hits $35/share in like a week or two and you can sell it for like a boat load of money and buy your own island. Capeesh