Dutch Torri is up nicely this year. I know Japan in general is doing nice, but I think Torri being up is encouragement for us. As you said Torri will help. I have not heard of any royalties payments from Torri so hopefully that has been received.
I have wrote them a couple of times on this. I have never received a response from them.
They don't care about us.
With increasing script numbers, medicare approval soon, and EU approval soon we have to get going up at some point. As soon as these catalysts happen along with any other news coming.
Yes this is getting old. Its hard to not get ticked off here, but sooner or later this has to turn around.
I just hope its soon.
Futures look horrible for Monday morning. Obviously that will change by Sunday night, but who knows how much better it may be.
Unless there is a big turn around in China or Europe expect another downturn Monday morning.
Remember the 50 moving average is 10.79 and in Jan. we bounced off 10.80 and took off.
Not trying to be negative towards KERX, but towards a screwed up market.
I am glad I sold yesterday, and almost bought back in at 12.45, but decided to wait until Mon. morning.
Remember we bounced off 10.80 back in Jan.
Not trying to kick you in the gut again, BUT I am trying to show you that if the market is crppy and it does go down on Monday that may be it.
The last time the market got crppy it seemed like we had a bad day followed by a good day or 2 and then another bad day.
I am not sure what this market is going to do on Monday, but I think you are right on, for a weak open and then who knows.
The market cant go higher with lousy earnings coming in, and with Greece now back in the picture it is giving the market an excuse to go down. Last time they used oil as an excuse to pull the market back.
My point is I am not sure whether next week is side ways or down.
KERX on the other hand is way down, and as I said in another post sooner or later this takes off and it wont pay attention to the market.
The big question is when does that happen.
When we were hovering at 12.50's the other day I thought you were crazy to sell.
Then we made the new high at 12.66, somewhere in the 12.60's I grabbed my money and ran, BUT I rebought at the EOD, expecting it to go higher yesterday.
I got lucky and did a day trade off one of the bounces to break even yesterday.
With the goofy market action yesterday I then sold my long thinking as you that we hit 12 or high 11's and bounce.
Every time I think about doing a quick day trade today on several stocks they go up and then back down.
Who knows what happens next week now that the markets have Greece back in the picture.
But, at some point we take off no matter what the market is doing. I am talking to myself as well as others.
That's what I was thinking. If we take off in the morning and break 12.66 which was the high the other day, then its a good chance that we run into the 13's.If they beat it down at the open, like today then we are stuck in the 12's.
At this point I am thinking they beat it down at the open.
Stock we were talking about the options 2 days ago.
At that time there was over 2000 in volume on calls at 15 with open interest over 4000.
The volume yesterday disappeared, and now volume for calls is pointing to 13, which is still up[ from here.
If you are right and I hope you are, then I guess we get going tomorrow.
Right now I believe they are pulling this crp to keep us in the 12, since the money is in the 13's.
Up till 2 days ago I thought we were primed to take off, and now its anyone's guess.
I also traded today and made some nice extra change, BUT I did not expect it to pull back in the afternoon. My last buy was too early, and I got busy at work- it pulled back on me a little bit. oh well get it back tomorrow.
I don't know how you are trading shares without being a day trader, unless you are only doing 1 round trip a day.
After the warning label fiasco last year. Big Jake rallied to get people to complain to the SEC about illegal manipulation of this stock.
I along with others, also filed complaints.
Again in Dec. or early Jan. I again filed a complaint when they were busy killing the stock. I have never heard anything from them.
I was hoping ri66 knew people to file his complaint about bid retractions, and that would bring the SEC calling.
We will see.
Stock, here at yahoo there are 2020 calls at 15 in volume with over 400 open interest.
On Nasdaq after hours all I see is open interest, but I still see over 4000 in open interest. That was the reason for my enthusiasm, but again after todays action I now am not near as confident on going to 15.
What do you think
That's why I was guessing EU news to come out.
Just not sure now, but still hoping.
I thought we were about to have some type of afternoon turn upward towards where we opened but people just set tight stops and the computers pulled it lower.
xbi just turned positive again. ibb is still in the red but is coming back, lets see if we can go back to where we opened.
My apologies I just looked at that is open interest and NOT volume.
I am looking at the amount and there is a lot more interest at 15 than the rest.
Several people here got me watching options awhile back.
Still learning, but didn't the options take it higher last month?
I have been thinking that would happen again this month, but after this morning I am not so sure now.
When we held at resistance for quite awhile yesterday and then broke through and ran up to 12.68 before pulling back I thought that was a good signal we are taking off.
Again after this morning I am now wondering if that is going to happen.
2 hours left in trading today we will see what happens in the last 2 hours today.
Dave I have been keeping my eye on the options. I thought news was coming out this week on the EU. That would definitely take us from 12 to 15.
Nasdaq after hours shows decent volume at 12 and 13. Very heavy at 15 and 16 fairly heavy also.
15 is almost twice as heavy as anything else.
Is there news coming out tomorrow?? Or is someone just guessing?
So the Doji CAN signal a reversal, but it is not a guarantee.
I thought a Doji was a reversal, so I thought wrong.
I also never heard of the block crows before.
Thanks for the explanation, I appreciate it.
Dapoop can you please explain the 3 black crows followed by the Doji.
With the return to almost even by EOD I agree that it looks like we have hit bottom and are turning around. With technicals behind it I am curious.
Thanks in advance.
Sentiment: Strong Buy