You see dear Bozo, you have to unstick the record needle on occasion. The contsant drubbing of "RFDM to the toilet" couldn't be maintained with the add-on of TQNT. SO no, there won't be another 0.83 or even anything less than $9 going forward. In fact, should RFMD hiccup even by 35cents I'm adding another block. And just so I'm not like you (baseless wasted words stemming from no facts or data), RFMD will very shortly move in what I fondly call "SWKS-mode") You remember SWKS. The higher it went, the more people tried to short it, the higher it went, the more the short attempt failed. So look for the tend in RFMD as it's about to head unrealistically, unhealthfully and unrelentingly, UP. It will take no prisoners on the move. The big boys aren't stupid. They worked the price up on SWKS and made a BUNDLE!!!!!! Here's another shot at it and RFMD isn't even at $12 yet.
I'm jus say'n.
As the company has bought back a goodly number of shares (and more coming) the hit on the PPS seems greater than what you'd expect. That obviously is because the law $$ paid out was spread between a lot fewer shares. When I first saw the PPS effect on his Q I was concerned. Now, not so much.
Bark and Blue are still spewing. Pretty sure their commentary hasn't effected the PPS even a penny. But that doesn't stop em.
BTW. The name change alone will bring in investors as there's countless numbers out there that will by a name, then, ask what they do later.
As I won't argue your point that BB's held from 54 to 32 (not worth my breath) I have to give it to you, you are a loyal clique. One of you suggests to wait a year and see what transpires. Oh PLEASE!!!!! From 54 to 32 is a 41% haircut. And you suggest that the BB's just sat idly by why they got smockered??? Way too funny. But more so, way to naïve.
SO now enter today going into ASCO. The BB's can't have SGEN look and behave like a red-headed step child (No disrespect to those). So they allowed a graceful closure of short positions over the last 2 days/ Notice 34.50 over and over again in the last 5 days?
So my 65% call of the 32.50 bottom is now a 85% chance of the base has been formed. Look for 37 by Fridays' close. Then ........................... clueless! (some might say I've visited that land a few years back. LOL) Looks like we'll see, eh?
The question has been out there for over a week. Most of you are expert at pimping the equity and stroking the involvement of the BB's. So tell me, that did the BB's do with the "tons" of shares they held from 53 down to 33???
Let's play fair here. If you're gonna stroke the heck out if it on the up, you MUST have an answer for the down.
According to IR, the tax was "expensed" and highlighted in the last filing.
I have no idea what "expensed" has to do with the bigger picture. Can anyone add intelligent color to this question? (by default, the intelligent word was used so Blue and Dog are excluded.)
First, let's address the insider sales. These were freebies (of course, what insider actually buys shares on the open market any more) And they were options that were to expire soon anyway. So, I'm not putting a lot of weight on that item.
There were a boatload of shares distributed associated with the IL property purchase. Now THOSE shares I'm concerned about as I can imagine that there was a certain period of holding that had to be. We're getting close to a time where those shares might see the open market and there's not enough supply / demand (manufactured) to hold the price up.
But mostly, there's atypical action in RICK over the last 2 days where limit orders have been executed at a specific price. Ten K blocks have been going off at 10.50 and the price is NOT going up with the trades. Therefore, one has to be cautious that these are short shares in prep for a down move. There's been ever increasing volume on a stagnant-to-down price slope (flat at best) and whereas this isn't an absolute for a downward move, the risk : reward favors a high probability to the down.
Good luck to all.
See how easy it is to bump an excellent post back to the top.
You and your ali#$%$ can copy-paste strung posts forever. It takes you 20 minutes to do that, it took me 45 seconds to get this back into the viewing public' eyes
If you actually read my material, you'd realize that today was a huge GREEN day. What makes you think you know what positions I'm holding, if any. But you can surmise that the flavor of my posts has suggested a temporary bottom while the ASCO is on going. Then, ...............?
1. Cure for cancer = $50K per share. LOL
2. So-So results = back towards $32.50 (because they can!!)
Hmmmm. A 65% chance that 32.50 was the bottom. And up $2.00 today.
And some clown posted this evening that I might have got pinched today.
To that nutcase I say, you only get wacked if you're not in sync with the goings on. And over this last week any reader could have benefited from my posts. (Oh THAT will bring out oodles of red downward thumbs!! LOL)
Darden had to dump Red Lobster. The cost of goods was far exceeding the point where they could turn a profit. The world is over-fishing the oceans and the world-wide issue associated with that. And land-based hatcheries can't keep up with the supply. The decision to dump Red Lobster was an easy one. That flies in the face of the starch-based chain where the margins on flour are HUGE.
Any investment company will do well by stream-lining Red Lobster. Remember Albertsons?? They haven't been a grocery chain for over 6 years. They were operated by an investment firm. Until very recent where they purchased Safeway!!!!!!! How's THAT for a return. The story is the same for Outback Steakhouse.
Whoever takes over Red Lobster will do well. Not only in the stream-lined operations, but, the properties are SUBSTANTIALLY in prime time areas of malls or other tourist congregation areas.
BTW. The #$%$ that you write on RICK is just that. You're inaccurate and an angry person. Oh, and your boring!
Do you 2 have anything else to do besides post #$%$ on the RICK board.
You're not objective. You conjure up conspiracy theories like a Brahms fairy tail. Your facts are sorely missing or mis-represented. I'm scratching my head as to the rationale for your being.
On a limb, you're part of the very few players that trade RICK for a living and you need some type of propaganda format to do your smear campaign. Even that is a stretch. So I'm left with, you're simply nuts!
You haven't swayed one person to alter one share in their portfolio. So what's that point?
Do us all a favor and answer that.
It's not rocket science Market2003.
Look at the 4M shares traded on Feb 12th of this year. NOT INSIGNIFICANT, and a daily volume that hadn't been seen since July of the previous year. Tell me that the BB's didn't jump ship to a high degree on that day. For exactly 7 days later came the top of the downfall. Do you really think that the BB's retained their "tons" of shares??? Heck no!! And how dare you insult the board for being so naïve. The BB losers as liquid to a high degree and don't hold shares ad nausium!!! Go ahead. Tell me the BB's held this from 53 to 32!! And the high chance that SGEN plummets further is very real!!! As your sign in is traeder2003 (Mis-spelled trader?) You must be inexperienced. But I'm not here to bag on you. But you do need to address why you feel the BB's "tons" of shares haven't changed.
I'm saying that they dumped a boatload of shares on-or-around 2-12-14. They still have a significant number of long shares outstanding. Enough so that they hold the lions shares of the long position. And someone HAS TO HOLD the long shares in order to loan out the short positions for margin. Enter the BB's. (This doesn't count the naked short positions that are out there. That's another topic all together)
No, the BB's are thick-as-thieves. They play SGEN both ways because they have the clout to do so.
I am warning anyone long in this current POS. The BB's should have reversed the downward trend going into ASCO. Potential investors will look at the slope and run the other way.
The only glimmer of hope is that a fragile base is formed at roughly 32.50. It's NOT strong enough to buy-in on. But it is worth viewing as a bottom. (65% chance of that)
If there wasn't money to be made in margin interest there wouldn't be such an animal in the investment world.
So tell me 2003, did the BB losers hold the whole time from Feb to now??
Actually, in retrospect at the close of today, it was a 100% accurate call.
What's the difference between an instigator and a soothsayer?
It's all in the perception, right??
(You DO know what a soothsayer is, right?) Hint: his sign-in is Rickarooski.
Hey NOT! Tell me who's been more accurate in the reporting over the last 2 months.
Me or the perma-pumpers of this company?? (raise your hand on that as you're the V.P.)
Each post of mine has a basis and a point. It may be wrong but they're within the rhelm of very possible. At a minimum they're honest and open-minded. None of them spew venom at a person. They all point to the BB's involvement in the process. And FTR, I'm hoping that none of the Perma-bulls that pump this equity are associated in any way with the company or the BB's empire. One might see that as manipulation and could come back to haunt them.
Fish, please don't be like some of the blinded on this board. If you read my post, it remarked that the exit strategy started at the beginning of the year. (Rome .... one day.)
That's not to say that they can't alter the game on the process. Go ahead, try to short SGEN. You can't!!! Not only is the retailer shut out (from regular trading techniques to shorting) there's not enough long-shares available for the Bakers to loan out on margin. Their added 170K shares bought weren't for "long holding" there were acquisitions so they can provide shares short for their clients.
SGEN is in a BAD WAY. The price is plummeting and you can enjoy the ride down as the short positions have been exhausted. What I haven't mentioned yet, but will now, is that the naked short volume has to be in the stratosphere!!!!!!!!!!!!!!!!!! The only salvation for SGEM after OVER 3 CONSECUTIVE WEEKS of HTB conditions, it that a large player comes in and initiates a short squeeze. And as the BB's are judge, jury and executioner, they will decide if, and/or when, that event will happen. Right now they're making bank on the 5-month-long spiral downward.
My critics can whine all they want. But what I'm writing is fact based and observed to anyone with an open mind.
My confusion is with the BB's not allowing the price to change directions going into ASCO. No investor will listen to bad,equivocal, or even modestly positive data and want to get in. As I said earlier, the situation that the BB's have presented (price wise) will only be remedied with clinical results that offer a CURE for cancer. Now THAT won't happen. But it concerns me that someone on the inside isn't playing fair. Sounds like the results were already leaked to certain players who's names starts with BB.
....... for a continued down.
How'd you like that head fake at the opening? Theses BB's are evil!! Anything for a buck. (actually, lots of bucks)
Only the privileged few have access to short shares in this equity. And the reason the BB's bought 170K shares recently is so they could loan the shares out at margin interest. Nice of them to be so kind.
So how badly do the BB's want to shoot themselves in the foot? The 30th comes the ASCO meeting. Certainly there will be investment sorts who are interested. And what will they see for performance of the company in the 3 months prior. A blood bath. Anything short of an actual CURE for cancer will NOT change the direction of the price or interest in the company. I think it's safe to say that the BB's have had their run and that the exit strategy started months ago. They just didn't tell you all in advance.