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Intuit, Inc. (INTU) Message Board

kittycrazy21 18 posts  |  Last Activity: Jul 11, 2014 12:11 PM Member since: Dec 3, 2011
  • That's a lot of shares.... wouldn't want to be short this over the weekend!

  • Reply to

    If you were short yesterday (May 22nd),,

    by kittycrazy21 May 23, 2014 2:51 AM
    kittycrazy21 kittycrazy21 Jun 5, 2014 10:46 AM Flag

    This is playing out perfectly (and predictably). Now we see the second wave of short sellers getting religion, while others hold onto their pride, and will provide the oomph for the third wave of covering, which will bring us to ten in June in my opinion. Will have some low volume pull-backs on the way, but this is headed higher unless a major market meltdown takes place.

  • Reply to

    Longs, what we don't want

    by walstretguru May 23, 2014 11:24 AM
    kittycrazy21 kittycrazy21 May 23, 2014 11:59 AM Flag

    Cramer's impact on this stock is minimal.

    This is what is going on: OPK closed above its tight trading range yesterday on high volume. Covering is the responisble thing for shorts to do right here. Many won't be smart and will hold over the weekend and maybe another week or two before the pressure is unbearable. Other funds have too large a short position to cover today. Both of these factors will create continued upward pressure in the stock through the end of May and into early June. The interesting thing here is that we are going to have Rayaldee news in the late summer, and there will likely be a battle in late June/July between die-hard shorts and longs (some of which will be newbies with tight stops). The short covering will bring new shorts as prices seem to climb "too fast", and the squeeze will happen. It doesn't take a day! It takes weeks. Today's action is textbook for what you'd wantt to see after a tight range breakout. The MMs have a large inventory of OPK now and are holding for a big move (i.e., not 20-30 cents). Will be interesting to see where it closes today.

  • Reply to

    If you were short yesterday (May 22nd),,

    by kittycrazy21 May 23, 2014 2:51 AM
    kittycrazy21 kittycrazy21 May 23, 2014 10:43 AM Flag

    So far so good. I loved the MMs testing the 8.50 support on low volume. No one selling! High volume right back to the highs of the day, holding higher. So far textbook. Stubborn shorts will hold over the weekend and after a long three days with little sleep start the emotional journey toward covering higher next week, thus taking this higher.

  • kittycrazy21 kittycrazy21 May 23, 2014 10:10 AM Flag

    I disagree. This was a near textbook case this morning. You had the smarts shorts covering early, driving the price up 1% on relatively high volume for so early in the morning. Then, about 20 minutes in we had the MMs through out a classic low volume test--$8.50 held like a rock. MMs aren't accumulating shares (they are inventory), no longs are selling, and now you have the high volume right back near the highs of the day. May take some time to break $8.70 and hold higher, but it is coming. And, it will happen on strong volume. It's great to see the stubborn shorts posting on here--these will be the same folks driving the share price higher next week while they lose sleep and their wives start asking questions... (no offense to the female traders out their, just that there are more men in this business)

  • It's just bad trading to stay short today (May 23rd). You have the stock trading in a narrow range for weeks, closer to the top of the range than bottom; all punctures of the lower band happened quickly on relatively low volume and were largely bought on high volume (creating long-tail "hammers"); rising short interest; and most importantly, just closed well above its upper range band of the past few weeks on high volume.

    The first batch of short-sellers' stop losses are naturally above a close of $8.50, which should cause an early morning pop on the 23rd, and likely cause the start of a new and substantial trend up. Opko has been reigned in and is ready for some higher volatility (to the upside, less there be some general market correction, which doesn't seem likely). Those shorts that don't trade well won't cover and will provide the next wave of panic covering as this stock rises. Should enjoy a few days of significant higher highs, followed by a higher base leading to the early summer, where we'll attract some speculators on Rayaldee news. That's a game changer,, though largely expected at this point. Wouldn't be surprised if we hit above 10 some time in early June.

  • Search "Alternatives to Prostate Biopsy", note the 500,000+ hits, hundreds of recents articles and cancer support groups, forums with angry men (and their wives) who feel they've been emotionally scarred and over-billed as one of the 75%-80% of biopsies that comes back negative, and inform the publishers and consumer organizations of the 4kscore test as a paradigm shift to the PSA blood test, which has been shown to reduce the need for biopsies in up to 50% of cases. That's amazing. That's good for society. That's good for people concerned about rising healthcare costs. The past weekend's press release gives a great opportunity to get the word out about 4kscore with support facts. Most every article out their has the authors' contact information in the lead-in or post-script. It can only help mankind and the long cause by helping to spread the word. Thanks,,

  • A number of posters have pointed out that physicians/urologists have a financial incentive to perform the more expensive biopsy than to pursue a lower cost diagnostic. Let me dispell this myth in 3 points:

    1. With ACOs--that is, accountable care organizations, which are the wave of the future for healthcare delivery across all corners of the United States, these integrated healthcare systems make money through capitation--that is, they receive a premium upfront to manage each member's total medical/health needs. Any medical visits, tests or procedures are costs, not revenue. This, and given that most physicians will be employed in an ACO, will provide a *substantial* financial incentive to avoid all unneccessary and high cost diagnostics, procedures, and pharmaceuticals (as an aside, the realities of ACO movement is the reason why many pharm companies have gotten nailed this year), while promoting health and wellness.

    2. Patients do not like biopsies! Shocker. Today's patients are empowered healthcare consumers, and anyone with a serious condition (i.e., potential high grade prostate cancer) is surely going to do a little web research about diagnostic and treatment options. Nothing more appealing than 4kscore.

    3. All ACO talk aside, 4kscore has the potential to become a "standard of care", and accordingly, urologists will be very susceptible to angry administrators and malpractice claims in cases where they don't use 4kscore test--"why didn't you do a 4kscore test when there is a body of scientific evidence that points to its effectiveness in avoiding painful, costly and higher risk biopsy?" "...umm"

    Technical Take: The first close we get above $8.50 is going to lead to a several day, multi-point rally. You could wait for this to happen before adding shares, but more than likely this could happen on a major gap up day and leave many day traders behind. Save 15 cents today to miss out on a 2 point jump.

  • Sort of funny to think that if $15 an hour becomes the minimum wage, none of the current employees at MCD would be competitive for their current jobs. You'd have college-educated professionals from solid universities leaving the classroom, public service, government and other industries to flip burgers. Hilarious.

  • First, I am long the stock, but I always think it is important to understand the other side of the trade. I think shorts have two major perspectives here:
    1) Dr. Frost's relentless buying is well known, and given that his group has added about 3.2 million shares since early January of this year and the stock still can't trade higher, when his buying stops the stock is going lower fast.
    2) Given the current valuation (e.g., price to sales), if there is any failure to meet an endpoint in the clinical trials (particularly for Rayaldee), this stock is going to have a massive and immediate drop.

    Obviously, as a long, I don't think Dr. Frost's buying will stop any time soon and I think Rayaldee is a near lock (which, coincidentally makes me think we won't see a big bump with positive results announced this summer), but the thought has occurred to me that he doesn't have much of an incentive to increase the share price. His goal is to accumulate as many shares as possible for as little as possible, not to prop up the share price with incremental buying. A delay in Rayaldee for example, would surely hit the stock hard and give Dr. Frost's group a chance to purchase more of the company. That's the skeptic in me, which assumes most CEOs are selfish, but the timely filing of his Form 4s makes me think he actually might care about the small investor here.

    All that aside, the reason I own OPK, in short, is that almost all of their products are prefectly aligned for growth in an ACO environment. I think that is a unique position to be in, and while other firms stuggle with falling reimbursements and incentives to keep managed populations off of high cost drugs, OPKO has the diagnostics and treatments that will be essential to keeping the population healthy and off uber high cost treatments and unnecessary procedures.

  • kittycrazy21 by kittycrazy21 May 16, 2014 2:03 AM Flag

    He said the long winter is almost over...

  • Reply to

    US Gov would NEVER allow Alibaba to buy YHOO!!

    by kittycrazy21 May 2, 2014 11:33 AM
    kittycrazy21 kittycrazy21 May 2, 2014 11:45 AM Flag

    Furthermore, this already was played out two years ago, before the Alibaba repurchase. You had politicks screaming there is no way they would allow Yahoo! to go to a foreign entity (referring to Alibaba). Jack Ma was interviewed by Swisher and asked on this point, and Ma said he was surprised of the political dynamics. This is a really dumb rumor, if it even is...

  • kittycrazy21 kittycrazy21 May 2, 2014 11:43 AM Flag

    Doesn't matter what she said. US regulators would NEVER allow it. It's already been said two years ago when the same issue came up before the Alibaba repurchase.

  • Reply to

    US Gov would NEVER allow Alibaba to buy YHOO!!

    by kittycrazy21 May 2, 2014 11:33 AM
    kittycrazy21 kittycrazy21 May 2, 2014 11:41 AM Flag

    US Government would squash the rumor before it became a rumor. This has ZERO chance of happening. It is not possible. No way America gives the keys to Yahoo! Mail to a foreign entity, nor search. This is totally insane and you know it. I am long Yahoo!, but this fantasy is hogwash.

  • kittycrazy21 kittycrazy21 May 2, 2014 11:40 AM Flag

    US Government would squash the rumor before it became a rumor. This has ZERO chance of happening. It is not possible. No way America gives the keys to Yahoo! Mail to a foreign entity, nor search. This is totally insane and you know it. I am long Yahoo!, but this fantasy is hogwash.

    Sentiment: Buy

  • kittycrazy21 kittycrazy21 May 2, 2014 11:40 AM Flag

    US Government would squash the rumor before it became a rumor. This has ZERO chance of happening. It is not possible. No way America gives the keys to Yahoo! Mail to a foreign entity, nor search. This is totally insane and you know it. I am long Yahoo!, but this fantasy is hogwash.

  • kittycrazy21 kittycrazy21 May 2, 2014 11:40 AM Flag

    US Government would squash the rumor before it became a rumor. This has ZERO chance of happening. It is not possible. No way America gives the keys to Yahoo! Mail to a foreign entity, nor search. This is totally insane and you know it. I am long Yahoo!, but this fantasy is hogwash.

  • People, this is an obvious fact. Politicks would be all over this if Alibaba made an offer. 100% NOT going to happen. I am long YHOO, but this is totally illogical fantasy stuff.

INTU
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