We start with a spike, then flat for most off the day and then the sell off to the close. If you look at the 5-day chart you will see what I mean.
are getting higher and higher and the top seems to be capped. This is a coiled spring folks and hopefully the lid comes off above $5.40 and we pop to upper $5s next week.
but not at $5.36 (45,000)? Are they idiots or what? Well yes they are. Does that one penny difference cause someone large to lose a major amount of shares? Why are they so protective of that one price range.
And the main purpose for asking that on the VVUS MB is??????? Go ask the OREX people on the OREX MB if it's still up and running. They are no longer a threat to VVUS, why do you care?
but when they get taken out, they are gone. This is like the start of a "long" raid. Shorts put up large blocks to slow buying volume but won't doesn't work. This is the accumulation for the next quarter's earnings. Slow and under the radar. Same patter for months now. As the shorts cover and give up their shares, their long biased options are still making them money. They win either way. Just need to learn how to ride with them and not against them.
If they are as good as you say, and I'm not disagreeing with you, then why doesn't someone come in a #$%$ them up while they are technically still unproven as far as revenue goes? Can you answer me that?? I will tell you that revenue and reimbursement are the signs of being proven. Until that develops, no BO will happen. Would you offer over a billion dollars for a testing company with little revenue and a developing insurance coverage??
Lori, you are letting this idiot get to you. At least you are posting new things and not responding to him directly which is how he earns his breadcrumbs. BAGAS and SECC all the way!!!
So here's what you do. Look at the 6 month chart and draw a horizontal line through certain price targets. The ones that the line passes through the most frequently will indicate the most probable trading ranges that you can use as your upper and lower bounds. For instance at the $3.65 level the line passes through 13 daily candles. at the $5.15 level, 30 daily candles and at $6.05 level, 7 daily candles. Looks like the sweet range for a day trade is between $3.65 and $5.15 which translates into a 41% gain either way minus commissions of course. Where as if you just sit back and watch it go up and down, your gains come and go as well. Just one way to trade it. Now does that sound like a shorts mentality? I get in and out several times a month and grow my shares by hundreds at a time. On the rare occasion, I get short selling too low and have to wait for a correction to get back in or am forced to buy in higher, but that's the risk.
Okay, so everyone agrees that TROV gets bought out at "some" point and it won't be until some revenue stream becomes obvious. So now what? We sit and watch this go up and down a few $$ at a time for a few years until some firm buys it? No, you trade a stock like this between ranges and add more shares on the backs of the shorts activity. You can double your position in several trades if you do it right and be disciplined in your actions. If you miss the boat and a BO comes out of the blue, than so be it. Better to be proactive and hope for a little luck that see you portfolio go up $5k then down $5K, up $5k then down $5K. That's too boring for me at least. That's not investing, that's hoping to be lucky.
"Too Much" is the key. You are not happy that you lost most of the days gain are you?
How much did you pay to borrow those words? They sure aren't from you standard language?
Just in case people don't know what this means, here is the definition. According to the Epistemological theory, humans are born without any innate knowledge and a mind that is empty or tabula rasa.
No news to make it go up and no news to keep it there. Shorts at work just sucking people in. Rinse and repeat tomorrow. Maybe they try $5.60 level tomorrow on heavier volume???
If what you are saying is correct, why feel the need to act like a big shot and broadcast it across the MB? If you are long, good for you. Hopefully you'll make money. If you are short and just being controversial, then I hope your plan fails. "Either way, I don't give a damn about what you think you are entitled to". Good ole "A few good men" Lighten up Francis, you are acting like a dweeb!
I agree with you except for josephanastasiw. He really knows his stuff and has no selfish reasons. he just like to poke fun at the board because the stock had not been performing real well. I know him well, like a brother even. You just have to get to know him.