and absolutely nothing you've posted since your arrival has anything to do with OPK or why it shouldn't be trading at $2.
Your hatred of joos is well-known too. Frost is one. You hate Frost.
bigot...or is it hypocrite?
keep - you seem to be getting a little testy with that other reply.
hey, how's the chart, that living thing, looking to you now? does it still look friggen great? remember, it is all investors in the stock, not just a few shorts moving it down, but big, big $$$ is what's moving it down.
too funny. you'll go down right alongside Frost and OPK getting what you deserve.
You'd be nervous if you were short? Shorts are having a party at your pathetic expense - the stock is as weak as a watered down shot.
If I were as long as you, I'd be nervous that the stock breaks $4...and keeps right on going, because you know it will.
Or they're playing you for the gullible sap you're aspiring to be.
They count on the fact that there are so many of you out there who would rather not think for yourself.
He sold shares daily last week, through Thursday totalling 15 million. Will be interesting to see how much he sold Friday once filings are submitted.
We've seen this before in other stocks.
Most you you should be taking this as a lesson why it's not a good idea to simply follow someone who is throwing tons of money at a stock.
Don't you love the guy here who posts Frost's total purchases every day? Does it comfort you? Do you look to this person as the expert here on why this stock/company is such a wonderful investment? Does it make watching the stock go down any less painful?
There are too many shares outstanding here, more will need to be issued (because the company will need another cash infusion), and the stock will continue lower - because the company doesn't really have anything of value and does not deserve to be valued at over $1 billion.
Hey, thanks for the free advertising - I really appreciate it!
As far as your tirade:
1. Grow up - people have views besides your own, and believe it or not, they are valid.
2. I completely expected someone to reply how risk factors are boilerplate. However, not when you have 23 PAGES of them.
3. Yes, you are correct, I do not like the incestuous relationship among any of the companies in bed with eachother here. For all you know, Fortress can be unloading all its toxic crap to NCT, getting a premium for it, collecting fees from NCT for management, collecting fees from NCT based on stock performance - anything else Fortress can be sucking out of NCT? It all looks great so long as they can keep growing the house - until it collapses. We have many examples which we can point to where it's happened, so don't say it can't or won't - the risk is there.
4. They are leveraging 10 to 1. What is the debt to equity ratio?
I have nothing personal against you, so why do you need to freak out when someone posts an opinion contrary to yours?
And, you can think otherwise all you like to convince yourself of how evil I am, but I have absolutely no position in this stock. I have my website, NCT was 2nd highest dollar value on the list of insider purchases filed on Friday and so it caught my attention, I did my own research reading the 10-K, 10-Q, and offering prosectus (which is actually more than most people do), and came to my own conclusions. Sorry if they don't agree with yours.
Good luck with your position - I think you'll need it.
I don't think doing stock analysis based on pretty pictures like point and figure charts is a very good way to evaluate an investment.
I also don't like the incestuous relationship here with Fortress.
I also don't like the 23 pages of risk factors in the 10-K which the SPO prospectus referenced.
I also don't like the 10 to 1 leverage being employed, though I realize it is common practice in this business.
I also don't like the frequent stock offerings to raise money, increase share count, dilute existing shareholders, and have to pay more dividends out to those new shares.
Bottom line, the high yield speaks to the level of risk. This is a leveraged house of cards, and folks should carefully think about the 23 pages of risk factors before convincing themselves this is such a wonderful investment.
As far as the insiders buying ... window dressing, cheap publicity for them/Fortress to push the stock price up, increase their fees, and prepare for the next offering (obviously desired at a higher stock price).
Thanks for the laugh!
If it's having difficulty even getting to and holding $25 with Icahn buying as much as he has/can, what happens when he stops? The stock goes up?
What color is the sky in your world?
What guidance did the company give in the last conference call? As I recall, they said something utterly ridiculous like a profit of something between $5 and $8/share for the second half of the year. Now, who was gullible enough to take that bait? There should be a class action lawsuit over that comment - the company will be lucky to break even for the back half of the year. Too funny.