bearofbleecker, could you explain why your beloved IRWD has been declining of late? I noticed that it rose this a.m. to as high as 10.75, but has since retraced. In fact, it was as low as 9.99.
Any reason why this stock seems to be retracing closer to their pre-4Q earnings sp??? :-)
I'm somewhat flummoxed that you lurk on this board, yet claim to have no position in SGYP. In addition, you say you have a long position in IRWD. However, you hardly post there. Actually, I can understand why. The IRWD board is almost non-existant. As a result, you have practically no one to exchange messages with.
That brings us back to the SGYP board......
It's quite obvious that you lurk here for the purpose of ragging on this stock and a number of other posters on this board who take pleasure in ragging on you. You're biased views respecting IRWD are obvious, as are your rants against SGYP. So that begs the question, why? Is it because you have time on your hands and enjoy trading barbs with investors who, like me, believe this stock to be a good investment? I think it's safe to say that you possess a bit more than a modicum of intelligence. Having said that, I'm sure you would agree that the combined total of shares held by investors who read messages on this board have no bearing on the movement of SGYP.
You have a propensity to make make comparisons between IRWD and SGYP. And your motive for doing so? Do you believe those comparisons are going to enhance the value of your stock? And as far as IRWD is concerned, I would suggest that for the time being, maybe you should be a little low-keyed. IRWD's sp at the close on Feb. 18 was $8.59. They reported their 4Q YOY after the close that day. In the days following their earnings, their sp went as high as $11.48 during trading, and their highest after a close was $11.30. However, since that time they have retraced to as low as $10.04 (today). Actually, I don't really care about IRWD's movement. I have no position in it. I'm only referencing it because if I were in your shoes, considering IRWD's retracement of late, I'd be hesitant to compare it to SGYP. Both of these stocks are having sp problems. Without going into it, we all know why....
Suggestion: Grow up. Get back to making money. That's the bottom line!
"Penn Virginia (PVA -26%) says it has reached a credit amendment with its reserve-based lenders to push back its default date until April 12, with a possible further extension to May 10.PVA says it will use the additional time to continue discussions with its creditors to reach agreement on a comprehensive debt restructuring."
Sentiment: Strong Sell
"I don't know what wrong with this SOB stock ?Why it drops 10% today?"
You do read, don't you?
"The company said that Q4 results were impacted by soft sales in its gastrointestinal business, with sales taking a hit due to a drop in its wholesale and retail business following Valeant’s agreement with Walgreens Boots Alliance......."
"Yes, you and hawktin are sure lucky to own a stock which dropped 7.67% in a day. And here I am, stuck with dumb old IRWD, which only dropped 2.65%. I'm so jealous."
You need to reflect on what you said.....
Maybe you had a seizure as you were about to transpose your thoughts??
"It looks like we have some really strong volume today"
"Thoughts on what's happening?"
I heard this board's parasite, bearofbleecker, is covertly loading up...... :-)
Why, you ask???
I guess you only pay attention to the letters S G Y P and not the overall market. Have you ever heard of the word OIL??
That's your first hint as to why SGYP, the sector it's in and most other sectors have been taking a beating.
Did you have an ulterior motive for posting IRWD's revs here? Something akin to an attempt at deflating the schwanz of every SGYP long?
Don't lose sight of the fact that a loss is a loss. :-)
You are correct....
I posted that for the benefit of the diehard longs (myself excluded, of course).....
"George Soros, who has warned of a repeat of the 2008 financial crisis but this time with China as the focus of most problems, exited stakes in several energy-related companies and took a position in Pfizer (NYSE:PFE) during Q4.According to a 13-F filing, the Soros fund disclosed it had exited stakes in Chevron (NYSE:CVX), Chesapeake Energy (NYSE:CHK) and NRG Energy (NYSE:NRG), and reduced its position in Dow Chemical (NYSE:DOW); Soros bought ~685K shares in Baker Hughes (NYSE:BHI), which is merging with Halliburton (NYSE:HAL), as well as 50.7K shares in Kinder Morgan (NYSE:KMI)."
"The roughly-175 companies at risk of bankruptcy have more than $150 billion in debt, with the slipping value of secondary stock offerings and asset sales further hindering their ability to generate cash, Deloitte said in the report released Feb. 16.
"These companies have kicked the can down the road as long as they can and now they're in danger of kicking the bucket," said William Snyder, head of corporate restructuring at Deloitte, in an interview. "It's all about liquidity."
While 95% of oil producers can produce crude for less than $15 per barrel - a testament to cost savings and technological improvements since mid-2014 when only 65% of producers could produce near that level - that could not be enough for some, Deloitte found."
"I could never understand why people relish in the fact that others are losing money.."
For the record, other than THAT person, I have never relished that anyone else here lost or was losing money in this stock. In fact, I have posted on more than one occasion that I wished other investors success with respect to their positions in this stock.
Sentiment: Strong Sell
Ahh, Mr. D/H, who was holding onto 320k shares of this worthless stock at a average SP of 0.39 ($124,800), is still in possession of this worthless stock, whose SP is now 0.04.
Mr. D/H's position in this worthless stock is now valued at a whopping $12,800........OUCH!!!
I notice Mr. D/H no longer pumps his beloved PVAH...
Sentiment: Strong Sell