Puddle of tar is a great image. Thanks for that. I get it. I'm not worried. Would just rather (obviously) see us pushing on the lines of resistance than testing support. Soon enough I imagine. Hey, have a great weekend!
Why no support/resistance postings for HZNP these past few days Mike? I always find those posts helpful. I'm no chartist, but we seem to be bumping off of 32.50 -- so it seems for now, that level has some support. We also seem to hit resistance around 33.40. Volume seems decent. There are plenty of buyers and sellers here. The swings down seem very quick and aggressive. Feels like a little tug of war between longs and shorts. I'd love to hear a little of your commentary. Hope your knee is all healed up!
After a long while away from HZNP, I just bought a chunk today, as I feel confident that today's drop will recover quickly and there's plenty of upside for remainder of this year. I had some extra $$ for investing and today's drop pushed me onto the buy side of the equation.
Sad to see this board has taken a turn for the worse with the increase in PPS from 6 months ago. I guess a stock having some success brings in the cockroaches to feed at the banquet. Mike's investing advice here and in other stocks has seriously helped my strategy and knowledge of when to (and when not to) buy a stock. Glad to have a little skin in the game here for a season. Expect I'll be glad I bought these shares soon enough.
Then you should sell, if you own. But, you could just as easily be wrong and miss out. Your choice. There's plenty of fear out there that has the price beat up right now. Even if you're right and there's no partnership and instead a dilution -- I don't see the price staying here (or any lower) long-term. With no partnership (which isn't likely unless Kirk has lied, which isn't likely), still within a year, with dilution, we're at 3.00 as SYN-004 hits benchmarks. Once partnership or market offering, we're way up. And, who knows what other drugs we'll have added to the pipeline, etc. between now and then.
The recent hire of Maureen Early as VP Commercial -- tells me we have something moving towards commercialization in the not-too-distant-future. As for me -- I've got my chips on the side of a decent partnership announcement very soon.
Anyone seriously thinking partnership will be announced on Monday's quarterly report?
How soon (or long) do you seriously think that partnership announcement will be from now?
What/who are the likely partners?
How good/bad do you anticipate partnership to be? How much cash flow will it likely generate?
If your predictions are right, how will PPS be affected by your predictions.
Good post pacman!! Long-term outlook in SYN (3 years out and beyond) is really, really, really good, IMO! This quarter holds great potential for some nice short-term gains too. The price drop is a conundrum ... except that FEAR is a powerful motivator and there are many current uncertainties that hold potential to move things in large chunks. Knowledgeable, calculated, educated, weighed, voluntary taking on of risk is HOW people make money in the Market. Especially if they have patience and don't chase after the quick-gain. Longs, just hold on. Things are going to move up (likely soon) from here.
Yep. It's a waiting game today and Monday. Since conference call is up at 4:30 on Monday, after hours Monday and trading Tuesday will be interesting. Not a lot of selling, but seems some are nervous and slightly bearish. With good news or partnership announcement, we JUMP BIG -- possibly into 3.00. With disappointment, delays, a lousy partnership deal, etc., we dip nominally. The jump on good news will be much larger than the dip on bad news, IMO, since bad news is already weighed in and there are other moving pieces and potentials upcoming to move price significantly North. Most sellers have jumped ship already. Most holders are committed longer-term than Trimesta. As for me, I'm happy holding and waiting -- long term, if necessary. Hoping for unexpectedly very good news on Monday. Only those willing to take the risk will be rewarded for their commitment. Those who sell at this price could stand to lose...well...potential 20-30% gains. All in a days work. Good luck Longs! Happy Hunting!
I agree! So rc ... what are the "more important issues" that we need to be discussing. I personally think there's only speculation of good news until Monday -- and we're biding our time talking about Dallas and his lack of conviction blowing around like an empty grocery bag in a hurricane. Who cares where he lands and what he says?!?!? The way he trades, his opinion will change by mid-day. That being the case, what are the more important issues to get out there and kick around?
Better give that dream a few years, IMO. And, between now and then, I'm hoping we inch up to the 4.50 range before SYN-004 starts making bank. In two years, I'd like to see us move from 4.50 range to upper 20's over the course of a month or two. I'd be into that over a cup (or two) of coffee!
I agree! It's not as firm as NEWS, but I have the same read! Intuition and reading between the lines can make or break you. Hoping (and truly expecting) our read is accurate. I'm willing to hold my shares very tight and hope for the best!
Listen, you've made plenty in SYN. Can't you be a gracious winner and walk away happy?!? At this stage, the only thing you're losing is potential for increased gains -- which isn't losing -- it's missing further gains. Can't you be happy fore the rest of us who have patience to wait for the real increases -- not the nickels and dimes at a time increases?!? If you can't be gracious to longer term investors -- then just walk away. Unless you;re trying to manipulate holders to sell low so you can get back in and not miss the upcoming pop.
Which also means that 12 million were sold at those prices too. Sure, some are still holding shares purchased at those levels -- but others (likely the majority) were both bought and sold and are no longer being held from those purchases. It's swing & momentum traders that buy the climbs and peaks and try to turn a quick dollar. The highest of my purchases were are 2.32. The lowest at 2.02. I'm happy with my average, albeit, I'm down a tad presently. Not worried at all long term. Glad to hold till I'm very well into positive territory and with the upcoming news -- very likely will be far in the positive very soon. Then, I'll be weighing whether or not to take some off the table, or keep waiting for SYN-004 to reach market in next 2 years. That's the long-term bread winner that I'm sticking around for in the next several years. Whatever the case, I'm glad to own my shares of SYN. GLTAL
That's my read exactly. The bread-winner (IMO) will be 004. Trimesta will pay costs/salaries of those who will turn giant profits.
If I could, I would be adding too. As it stands, I own as much (really more) than I ought -- but can't help but think things are looking positive for the remainder of this quarter, and into 2016. Both medium (2-3 month range) and longer term (3-4 years), I'm really happy with the way things look for SYN moving forward. The only check in my spirit is that the market doesn't seem to be holding my same sentiment. Not sure who is blinded -- market or me. I'm gambling it's investors/market that isn't yet seeing what's upcoming from SYN yet. If I'm right, there will be hordes kicking themselves soon, saying, "coulda, woulda, shoulda..."
With all the upcoming reports and potentials, I would expect a little more action and accumulation. The "between the lines" upper management changes this week seem quite positive as well. In my book, looks like we're setting our ducks in a row to move soon. Either I'm blinded by my investment (you know, your own kids look cuter than everyone else's kids cause they're yours), or others aren't reading in between the same lines. I'm seeing these things very positively and surprised that the PPS isn't bumping up steadily. Thoughts??