To swim against the tide, so to speak. Agreed, reilly.
Until ONVO has good earnings or some major announcements that propel it out of the general biotech orbit, I'm afraid it will be pulled into the gravity of whatever the market variables happen to be on a particular day. Sometimes ONVO will crash land. Other times it will escape the pull, and shoot out into a new orbit beyond the stresses of the day.
Pertinent lines from today's article:
Since steel companies enter into long-term supply agreements with their suppliers, they have not been able to take full advantage of lower iron ore prices. When these supply agreements are renegotiated this year, they are likely to be executed at lower prices and hence, help in reducing unit production costs of the steel players.
While companies like ArcelorMittal and U.S. Steel that produce most of their iron ore requirements through captive mines are unlikely to benefit from this, companies like AK Steel will have a competitive edge as they are less vertically integrated.
moo: You misunderstand me. I will certainly join the new forum as a member, just not a moderator. Too much work for this old, retired guy.
moo: Thanks for the invite as one of the board moderators, but, as you said in a subsequent post to me, "I've been working very long hours to make this work."
While I appreciate the invite, I don't want to be tied down to all the inherent duties of running a forum/board like you and juggsy are. I appreciate both of your service to the longs though.
Last thought. I see that you have responded to realtop instead of putting him on "ignore" like a lot of us longs have done. And, that's your prerogative. But if you're seriously going to let him on this forum/board if he wants to... well, I disagree with that. I guess we'll have to agree to disagree.
Good luck with the new forum!
Just saw this. I'm going to double my investment in AKS. Sure money in a few months.
"It's a market that's gripped with fear, fear of uncertainty of the growth of the global economy and it's own growth strength and that's due to the Fed sending the wrong signals to the market," said Peter Cardillo, chief market economist at Rockwell Global Capital."
But, good time to pick up share of beaten up companies.
I agree with your clarification, george. Hillary won't be the Democrat nominee, imo. Too much baggage.
Hopefully, most of the country is ready for change. I know I am.
moo: I don't like to predict price swings on any stock for any particular day. But regardless of the markets action tomorrow and Thursday, ONVO should do well in the coming days/weeks.
As we longs know, Murphy and company have set a positive course for scientific developments as well as being financially sound over the course of the next few years.
I couldn't be happier with the future of the company and its investors.
Maybe moo... so be it. The market is/has been super hyper about this for much too long. Better to get it behind us so the regular market forces can take over, imo.
What's that got to do which the price of tea in China?
Speaking of which, what tectonic plate does China sit on? lol