Stock not very active, in spite of the weakness. Might be the last gasp for the shorties.
Kel.........long and patient
ps.....look at PRAN today......i hold some.
Back in at 37.21. Exited months ago in the $29 area. Feel like I got a 2nd chance w/ today's good news and slide back to area of yesterday's close.
Poor Bert is in Chicago....the murder capital of the world.
Kel in Green Bay...................go Red Sox
Yahoo says Nov.7 for their 1/4ly report, but I haven't seen an official announcement from NAVB yet. I think the Yahoo date is just an estimate. There are a lot of skeptics regarding how well LS has done in the last quarter. I'm not sure either, just know it's still very early in the launch phase.
They have plenty of cash for now, my position isn't very large, so I'll hang on and see where it goes in the next year.
Will be @ 12:30 Eastern......11:30 Central.....10:30 Mountain.....9:30 Pacific.
Ray-Rim-Bert......packs your bags and get ready to leave town.
Kel..........long and PATIENT
Market is testing the intestinal fortitude of those (me included) who believe L-seek and the rest of the platform is a game changer. Fortunately for me, my position isn't very large as I learned over time that small biotechs can eat you alive if you bet too much on any single one of them.
Kel.............holding and PATIENT
Has an 18.3% annualized yield based on my 14.25 purchase price, down about .70 today. Just declared their quarterly div last Thursday of .652. Goes x-div on Nov.12, and pays on the 29th.
Oil trust that has 95% of production oil. Have held / traded this numerous times before. Probably down due to a downgrade of PER and some other trusts today.
Declared on Thursday, the 24th. Didn't see it until today. Oil was 95.5% of production for the quarter. Realized oil price of $94.54 per barrel. Why the downgrade?
Goes x-div on Nov. 12th....pays on Nov. 29.....Annualized yield 18.3% @ 14.25.
Someone dumped 150,000 @ 2.10 in a period of 2 minutes. They just threw in the towel. Day trade gone bad, or an institution finally giving up?
I'm still long, cost 2.18.
Bet they'll be selling if it hits 3.25, if not before. What a joke. Just watching. I made my $$ here years ago when it went from $7 to $21 in one day. Sold that day and never returned.
I'll be keeping a big cash position to further my intention of doing more day trading. If I don't have a big cash position I run into 'settled funds' problems. I day trade at my Fidelity traditional IRA account. The off shoot is that I'll be well protected if the market stumbles as I will almost always have 40% or more cash, although all of it may not be "settled funds." Depends on how much day trading I do. Hoping to do maybe just 1 or 2 trades per day, nothing crazy.
Biotech stocks..........AVNR, AMRN, NAVB, PRAN
No short ETFs at this time.
CASH = 72%