You are so full of #$%$ and you know it. Just because you have invested in a over valued biotech company you try to defend it. CELG will trade under 80 dollars a share by feb. 2016. That is based on the Riccaro Isosceles model.
CELG treatments does nothing but emaciate the human body. It is not a cure. The U.S. govt needs to stop all payments for worthless cancer treatments that cost billions and end up in death. Where is the justice. CELG will trade under 60 by 2017.
CELG is one of the main culprits. CELG does NOT cure cancer. Therefore, use of it's products needs to stop!. It is not just them but a host of other extremely costly treatments that ends up with a dead patient. That is not treatment. That is snake oil.
IBB currently trades at 345.22 a strong sell has been signaled target price of 300 by Feb. 2016. Distribution has been taken place for the last six weeks indicative of the Riccaro Isosceles model. Some of the components will experience far greater loses.
The Riccaro Quotient maintains it's strong sell on the shares of AAPP and the price target is still intact based on the Riccaro Isosceles model.
AMBA shares on 8/10/15 when the Riccaro Isosceles broke. But the fundamental reason was because the strong possibility of government regulation of drones.
SHW currently trading at 273.80 has been signaled by the Riccaro Quotient as a strong sell. Projected price of 220 by Jan/2016. This is based on fundamental considerations as well as The Riccaro Isosceles model.
Large institutional investors have noticed this. They tend to overlook debt in lew of earnings and revenue growth, both of which have stalled. That is why PPG has languished and distributed between 110 -120 all year, then the earnings miss, causing the stock to sell off. If PPG closed below 101, then you know the stock is really in trouble.
Powder coatings have terrible margins to begin with,and there are powder coatings out there that in special situations can be used at a lower heat. From a manufacturing point of view, makes some of PPG coatings obsolete.
at 242.50, the fundamentals can no longer be ignored. TSLA will have no choice but to raise capital if it contnues to loose money, and it will. Regardless of that. The Riccaro Qoutient's isosceles model indicates a decline to the 180 area by 1/16, and further declines from there. The best way to play this stock for maximum gain is to short it and write weekly call options. The writing of options alone will return over 50% a year.
The stock is distributing, and for good reason. This Bunch fellow did nothing but borrow money to buy back stock to line his own pockets. The coatings industry is a no brainier. Their is just 2 major players left in it and that unfair advantage has been used to hold and raise prices. That will change. The new CEO will have his hands full just trying to maintain share price. This will not happen. The balance sheet is bloated with debt, and at five times book value, PPG is not a good value. But importantly, at 25 times earnings in a basic materials cyclical field, a decline in earnings warrants a all out sell.. Regardless of the excuses the company will give about about earnings, PPG will hit a new low by March of 2016 and projected to hit 60 by January of 2017. This is based on many fundamental reasons, but technically, it is a text book example of The Riccaro Quotient's Isosceles model.
This BABY has already made is para move. You are noting but a a 1000 dollar option buyer. Get smart. Buy the stock, write puts and calls against. Must I always be the voice of reason.