This has to be the AH of the year. He alone is singly responsible for trashing his own company bringing down its stock that had a fantastic quarter.
It's been a another losing year for hedge funds amid a strong rally. Anyway I think you are possibly a BS artist about to get smoked by the market. Be careful buddy where you place your shorts.
Don't you people read the news? Any plant burning coal will have to burry the emissions underground. Cost of conversion is so prohibitive they will switch to other fuels.
I'm almost sure we had what is called a "Gamma Explosion" in the options market for Questcor. Potential buyers during the trading day saw steady declines so were reluctant to buy and stop loss orders did the rest of the damage.
I think its safe to say its a good time to accumulate.
Don't know if he is a troll but he is right. Until these companies stop these secondary',s and maybe issue high yield bonds instead, the stock holders will loose unless we sell so heavily that they will think twice. This is a record year for secondary offerings and the SEC should put a stop to this.
Putting in a base and will IMO resume its upward trend soon. We may have an explosive run once the sellers are exhausted. Hang in there. Also buy CLDX, QCOR,GALE on any pullback. After a 70% run in one day NSTG is down 20% for a cheap entry point but start the position slowly.
Quick trades seems to be the "new normal". BTW check out NKTR, AZN just gave them $25 million to combine research. It's easier to get approvals in Europe.
Anyone of these biotechs could drop like a rock on a trail failure or skyrocket on positive news. This is a promising company with a impressive pipeline and upcoming trial results. The big pharmaceuticals have their eyes on the one and that's part of the reason for the recent gains. As with all biotechs the trend may be up but there will be many bumps along the way.
Sentiment: Strong Buy
Today it was the Rev. Obama preaching y'all. Normal speech is reserved for the dual teleprompter press conferences. As my old friend Bob Grant would say, "a fake a phony and a fraud".
Carl Rove has a split personality. One is a Gas Chamber #$%$ and the other persona is like a boy who shoots from the hip with his cap pistol.
"because we will be judged by history that we stood by doing nothing while innocents were getting slaughtered by a butcher in Damascus."
So our answer is to make peace is by sending smart bombs and due some of our own butchery? Blow up followers of Assad in the name of what? To preserve what?
You ask - "Why are interest rates rising?"
Interest rates and bond yields, as you well know, have been at all time lows and bond prices at all time highs. This is because our Federal Reserve Bank has been manipulating the treasury market by buying $85,000,000,000 worth of treasuries every month (QE) and keeping the overnight lending rate at zero.
Now that the $85 billion is going to be reduced the floor for high bond prices is gradually going to be taken away. Bond investors now demand a higher yield before buying to compensate for taking the risk of possible rising rates and falling bond prices.