If the judge can put a stop to LL hired companies test, this effectively shuts down LL to present its own version of the test. Thus, $ 25 PPS may will be too high, if the RICO challenge holds. Remember RICO was devised and applied to the Mob: mafiosos or mobster families.
dipping into the tub at these 'temps' is the best remedy for nizzle's |imp bisket syndrome. ;-OOO" Conveying what regarding UVXY's behavior- Contango, daily roll or backwadation?
The guy who bought millions of dollar Put W. option to sell at, expiration 2016, 9 was pretty smart. But at 9 for 15 - 20 percent uptick. Next, sell and wait for another 70 percent uptick before you see any kind of volatility induced BACKWARDATION.
Long-term a phenomenal short at any price as it is designed to go ZERO.
Last time company had 12 million and burned through that much. This means 4 -5 million quarterly burn rate. Thus, this Summer the company runs out of cash. This is times to prime pump the stock for a near term secondary. That is how it works for low quality biotechs.
This Pre Market is several years high. It jumps and recedes quickly, month later it right where it was pre-announcement. Before buying, consult the CHART, and be careful. It has seen its high in pre-market will continue to recede throughout the day as past bag holders happily hand over their shares to new bag holders.
Agree; see my message of April 9. Based on this, I suggested to wait until close to 9 and buy for a short term spike: utterly unscientific but than again, as good as any other system, give the structured contango and Daily Roll. Resist the temptation for a few more days. Trafedy is that the option trader who bought the contract does not have to wait until January 2017. He an exercise next week or two in April 2015.
My hunch is 9 might be a good buy for a quick 15 - 40 percent profit, and for no other reason except that A few weeks ago a multimillion dollars worth of long term PUT at 9 was purchased.
That said, long term combination of Daily Roll and Structural Contango will continue to push this toward ZERO. Thus, it is absolute certainty that there will be yet again a Reverse Split coming, and the cycle repeats itself, unless an EXTREMELY PANICKY MARKET materializes now that the 6 years old Bull is looking pretty tired and high interest rates are in the cards.
my pleasure; tried to be as objective as possible. Personally, I'll wait for extreme volatility and buy in its midst , but not try to time volatility. A Wall Street friend and guru on CNBC thought market was primed for severe volatility at 875 SP 500; obviously this guy who appeared practically daily on tv was way off.
UVXY loses Value in FLAT MARKET, just as bad as in the current half decade old Bull Market, thanks to Contango Term Structure. And FLAT market can go on and on and on after a long period of a Bull Market. Don’t lose sight of the CONTANGO: 90 – 95 percent of the time the market will be in CONTANGO and Daily Roll keeps eroding the value toward zero. Why: (1) 5 -10 percent per month daily roll losses minimum, plus; (2) 90 – 95 percent of the time the CBOE S@P 500 Volatility Index (VIX) Future that underlie UVXY are more expensive than the “spot’ price, or market price. Thus, 90 – 95 percent of the time you will be wrong if you GO LONG.
CONCLUSION: Honestly, your odds are so so much better if you gamble at a Vegas Casino; I can not overstate this point much. To my knowledge, none of the Vegas games are programmed to lose 95 percent of the time or there will be no Vegas gambling.
All of that said, if EXTREME panicky sentiments return, you can have a double or triple. If you can figure that one out, please let me know. Write to Robert Schuler of Yale, the brilliant Nobel Prize winner of Schiller- Case Index fame who wrote irrational exuberance before the collapse of the markets at the tail end of the Bush Administration. May be he might have a useful speculation on what might happen. Don’t try to time it, you will lose money; than again, you can be the 5 – 10 percent Mr. Lucky. If you find this piece useful, please keep it near the top.
tooby, admittedly, you did make me laughed; also I was right a bout the PPS responding to this event. Plus, glad that I generated the discussion. Also, glad that instead I held my position in VLTC: for once had my cake and ate it too: making huge sums of money without taking advantage of a tragedy. It may come as a shock, but social investing has tthe 5 year lock on rate of return adjusted for Beta.
The company tried flimsy pumps over and over again, such as today's news which should have been released yesterday, as this was known to the company. But for Pump PR, hoping to sustain an uptick, they tried to deceived the market. Will, the market ain't biting. Thus, hereto forth, there is nothing cooking except the usual pattern: The stock continue to fade for months until the next pump.
Worthless; witness the gimmicky decision to release today when they could have done so yesterday. Importantly, Chinese Reverse Merger companies lke AMCN are extremely shady- they came public on the premise of avoiding the SRO and exchanges' rules on listing requirements. So this company, like other opted to buy a shell company, morph into it and thus become publicly traded. Until, the loophole was finally closed. The SEC has not bee able to force China or affiliates of flimsy accountants in Hong Kong and China proper to get the true financial numbers. Given this history, why would anyone believe what they say now about a company they presumably own 62 percent who presumably got a concession, with no documentation to support the claim, and there is absolutely ZERO reference to what this all means in terms of sales, etc. It is like the people who always assert this and that is 100 B market, therefore you must believe him that the enterprise will be successful.
Do not fall for this. Sell on the first small uptick. Remember yesterday, and how it retraced.
As I was watching the video on NY Times website, it occurred to me that DGLY will benefit from the buz regarding having camera, and the stock will be up tomorrow. As a trader I was tempted; easy money. And surely, I was right as the stock is up 6 percent after hours. Than again, making profit off of an innocent human being shot in the back EIGHT TIMES (allegedly based on video) while fleeing, and for an automobile tail light infraction. I am sorry, I just can't do it. Am not short, nor long; but this is outright immoral plus you can make tons of easy money while being on the right side of the law and ethics. To wit: VLTC spiked 150 percent, next day it found support at 15 percent correction; bought at 2.5 and made nearly 70 percent.
Assuming foundational value and ethics do not matter to you that much, still if you are going to violate your core beliefs, values and principles, at least make sure there is a huge pay off. No need to soil your soul for 3 -6 percent. In all likelihood you will lose the 3 -6 percent on the next trade, and it is at that moment that you will feel awful. Of course, you can summon your Weltanschuung ( fancy German term for cognitive dissonance) to rationalize it but that too comes at a great huge price: sort of justifying sleeping with your wife's sister.
Sorry for the diatribe but please watch the video and decide whether you want to make a measly 3 - 6 percent questionable profit from it.
The warrants offer only 5 percent premium to the existing stake acquired. This says to me that in the short and intermediate term it is a going to be an uphill climb. Bulls make money, bear makes money, PIGS get slaughtered. Your price is the PIG price. Hold on to it, and you will see your profits erode.
Reminds me of HEB. HEB kepT touting approval of some kind or other from this or that Latin country or some exotic East European country on the Southern border of Russia -I think Azerbaijan, but no FDA and no EU. Years later the stock bottomed out at .25 cents. Now, it is selling at .50 cents.
NERV claim to have so many MIN studies. Yet, not a single one can be presented to FDA for any clinical phase whatsoever. Like you said, this says so much more about the extremely dim future of this company.
Technically, for trading purpose, I would wait until it hit close to its all time low and I'll buy for a short technical rebound for 10 - 15 percent. But, as an investment, this thing is destined for OBLIVION until and unless NERV such time when management utters the word FDA, no NOT LATVIA, FDA.
Seeking Alpha is an excellent contrarian indicator. When an article appears by someone with strong and vested interests, either being long, or usually PAID PIECE at the behest of shareholder, the so-called 'beneficial' owners, that is when they are ready or have been bailing out. The goal is keep volume high so that they can sell out.
This happens usually near the extreme of the channel. When it is already too high, or if a short situation, when it is already too low.
Smart investors act long before PR for public consumption, which what Seeking Alpha is. Thus, the safe bit is to do is to take this PR with a huge grain of salt. They want you to become the bagholder, now that the stock has had 150 percent spike and is destined to Retrace downward by at least 50 percent. They just want to delay it enough so that they can get out.
Give it a few days. Had it closed at or near the high of today, technically, you would be correct. But it didn't. Typical Retrace pattern begins in earnest tomorrow. See you at 1.50 - 1.75 in a few days.