Not hedging a position. Just puts. I had a long position on the great run up. Sold out too early. Went to puts.
You are probably a baggie. You seem upset and a bit unhinged.
Me, I have puts as I have stated on several threads. They are ITM. I expect they will be even more ITM. I might be wrong, but I can live with that. I know what my max. risk is. Unlike many baggies here who have no idea how much they might end up losing.
I'm talking about the bag holders above $10 up to 13.65. The people who got caught up in the moment and did not want to get left behind as ONVO (so they thought) was on a moon shot of easy riches. They are now baggies who live in a painful place known as baggiedome.
I am sure that all the longs who post here are all financial geniuses who have never had a losing trade and bought at $2. However, just a look at the chart for 12th to the 19th of November shows you that a huge amount of shares were bought and sold. The buyers have to decide between now and the end of the month whether there is going to be a big spike that will let them exit whole, or whether they should sell and take the tax loss for 2013. Many baggies are thinking the same thing. Some will throw in the towel, and that will probably lead to a cascade of baggies fleeing the stock.
I just have puts. They are in the money. I think they will be even more in the money. No borrowed shares. Who really does that when you can buy puts?
Longs really should educate themselves on how to make money in a falling market.
Baggies, don't be the last one holding the bag. You know that its best to take a tax loss, but you don't want to take a huge tax loss. Afterall, your current loss is big enough. But when the other baggies start trying to beat you to the exit, well you've just got to be faster and smarter with your selling.
How are you going to explain an even bigger loss to your accountant? He's going to look at you like yer some hot shot wanna be day trader without a clue.
Plenty of baggies still. Waiting like frogs on a log for the elusive spike that will get them out of Baggiedome. Some dude with TA and charts was proclaiming a price explosion if yesterdays close was above $9.60........mmmm.......back to the drawing board for that one.
Meanwhile back in fact based reality we know that Tax Loss Selling season is upon us. Those with big loses are going to have to weigh the probability of a quick rocket to $13 to relieve them of their suffering vs. a stomach churning dive to $6. Should they just take the tax loss and be damned with it? Tough decision, glad I don't have to make it.
They are called Organovians. The come from the planet Organovia in a distant Galaxy. On Organovia everything is always happy and sweet and no one ever raises a dissenting voice. They don't have sex, they reproduce by printer.
Posting here is a waste of time. Just a few deluded dreamers.
I think posting here somehow feeds there 'we all gotta stick together....why would they be here unless we had some' mantra.
I think this turd will sink on its own weight. Just let the longs alone to feed their paranoia.
You are just upset that you have no factual response to my pointing out the obvious holes in your ONVO-ZenBio wet dream.
Yes. Adam would have a wonderful time with ONVO. You have to think that it's on his radar screen and it is just a matter of time before he lets loose. People call him a paid superbasher, but I have noticed that he is often correct when he points out an over hyped stock ready for a fall (stock would have fallen anyway eventually, his article just usually helps the processes along).
Two problems with your (funny) response. ONVO does not have much money ($50M + a bit more that they could raise from unissued shares).
My assessment of Zen-Bio is its a real business with products, services and revenue. I seriously doubt whether $50m would be in the ball-park. More like greater than $1B. As it is a private company it is difficult to know.
Also, I can see absolutely nothing in it for them to go exclusively with ONVO.
Yes. If you haven't already, please put me on ignore. I don't want any responses from you as you are a zero content post. Tnx.
Zen-Bio's business is much broader that just making cells under contract for ONVO. Look at the list of things they do. Also, I bet they make significant revenue of the order that ONVO would not get too for many years, even if everything goes perfectly (which it never does). What would be in it for Zen-Bio?
You highness. So wonderful that you have deemed to grace us with your presence.
I am so impressed with your ability to say absolutely nothing with so many words. So, you have done some DD, talked with some buddies and you have pulled a $50 target out of your rear quarters. You then point out that the naughty bashers have gambled their money on a short/put. Genius, I wondered what those guy's did all day. Thanks also for pointing out the existence of the ignore button.
On your next appearance, perhaps you can tell us what the Enter key does.
Hey Einstein, they can culture stem cells from biopsies. They say it on their own Investor page:
"The bioprinting process involves taking cells from a research cell line, a patient or other sources and growing them in culture until enough cells are present".
Why don't you phone them up and tell them they are wrong.
They would have to build a production cell culture facility. They can take the cells from the biopsies and grow them until they have enough. Its not going to be simple, or cheap. But its not insurmountable. Other companies are doing it. That would be another option, perhaps. To contract out the cell production.
They can take them from several sources depending on what they are printing. I believe for the Liver assays the cells are from biopsies.
It they wanted to print an organ for someone (many years in the future) then the would use that person as the source.
It's falling after hours. How does that affect your too the moon prediction?