Interesting was since mid 5.60's I (or my MMs) started intention to cover , there was no interest to buy "all" with note it would generate undesirable spike even it would be short lived. It took while and it was good decision to do it in smaller lots (19 of them) and majority was done in 5.50's what was pleasant surprise as I was ready do 5.60's.
I'm not greedy and leave potential "5" on the table as this might be harder for remaining shorts to keep it up the paste.
My sense told me to get out and I did.
At some point of the game I might go back in gradually as and if business of Keryx improve to justify long position.
of almost 177,000shares from mid 17's...it all there where I was urging all to take what ever possible before there will not be enough shares, anybody go and find all those posts..anybody who is honest!!!
I was trading this stock for some time in several accounts I own and of course I paid hefty taxes which I do not mind when I make such amount of money.
Real is for real but pumpers like most of you here are just uneducated ,naive so called investors and that as you see makes you right to call you losers, even I do not like to use the term as not everybody is born to make big bucks in the market. But for Idiotic vulgarity many of you use is very proper in this case to call you sore Uneducated Stupid Losers.
even I also believe KERX will decline some more in the future but look at our record, we never got too greedy and covered when it was easy and didn't raise any suspicious .
We decided in the group to start covering in high 5.60's with only minimal price rise in this market. I see it as wery good picking point now as I am in almost $2MM profit and time is ripe. I have identify 3 more stock as prime to short soon and there is far more money to make than from now on in KERX. We did more than good here, so take the profits as I am.
Tomorrow I will post those three on ETB as my top new short picks.
Good luck and say hello to all.
You, morons told me I will get fried as all shorts will.....is 5.60s looking bad as to mid 17's where I told you it was a must to short this stock? lol
Well, if you still hold( I know ,you all morons still do) you got your account very thin thanks to this "diet" KERX has prepared for you. Just enjoy and never say never.....you know what I mean and if not, just look at your stupid comments in the past. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ to all.....lololol
For us who are short from very high prices and trade this stock on side in other accounts is this move like dream comes true. Lets Relax and enjoy this Death Spiral Slide like short sellers like to call it in KERX case.
Dip into 6.80s is coming and if you guys decide not to stop there I see it taken down near $6..right?
That was my intention as we know who they are from the past, but it always worked and will work this time again. They have power but are not smart for the game. I got my orders set and have to be going.
I might be back before close or not. Great weather and awesome surf as well, time to catch some action.
This is nothing of ordinary action because as I said yesterday stock was primed for this long awaited bottoming action. Low 8.20s are fine start to buy or add again. We will close much higher....wait and see.
We are at the bottoming process. +/- will not be big deal but do not feed them with your guesses. Wait, and then strike...patience. It was all written on the "wall".
It was halted and opened AH late more than 20 points lower.
soon or later unless Keryx would have positive PR. So far it doesn't looks like it.
still, it will be hard to pull it to green, but I hope for you guys ,it would work. Your setting is slightly off.
who are long. But unless stock closes in green today, there is bad news on the way. Stocks trading downward for months like KERX are the once who are not believe at and it is just matter of time when they hurt their long investors.
I really hope I will be wrong as I am not too greedy or too risk taking trader and I have covered almost all my large short position today at this moment I have only little over 14K and I think I can risk this as it would play for my taxes . Stock showing nice resistance to this fake downgrade but closing green is the key!!
If not, longs should reduce their positions if it gets clear it won't close green.
Usually I do not get to details on my trade too often but today I took some advantage of the earlier weakness in the stock.
Even to me today's so called downgrade was there not for real and people like that should be punished by example. True is, I am more bearish than bullish but I do have solid reasons to support my view and not like this latest manipulating Idiot with its trashy not working downgrade.
We shorts do not support Idiots like Cowen bunch but we go our own standards supporting real facts at the time. It doesn't mean we will be always right but that is what makes this exciting.
Good luck to both sides.
It looks like short sellers have still a lot of great times ahead of them. If you would do what WE did.....you would make a lot of money.