The only shares they will find for covering are borrowed from other shorts.
Maybe a few stop loss limits but , does anybody use them anymore in this new market when the hedgies can short it down for months on end?
Just been lurking here since somebody on the Zogenix board mentioned Horizon.
You could sell calls against your shares but if you are bullish on H then you should buy an equal number of calls at a lower strike. That is called a bull spread. If you try to buy them as a package you will be rejected at your level. So you would have to buy in separate tranches.
Done that a few times too. Traded shares for short term options and got burned by a short attack... probably by the very same guys who wrote me the calls.
Third time is charm, for cresting the 5.00 milestone and holding. Next time we hit it, it ain't lookin' back.
[he says with hopeful authority while folding his arms and nodding]
Just a time saving FYI for our viewers.
NPSP moved from the Feursteinian beat down low in Feb of last year[7.xx] and in one quarter it began a high rise. By june it was to 15 and trades in the 35+/- region today.
Its trailing twelve month revenue is about ~160million and outstanding shares ~105million.
Not a poor comparable to The Zog.
Horizon Pharma HZNP, has ~70mm outstanding shares and less trailing twelve month revenue than The Zog now has with our current products sans zohydro. Horizon trades at 12.xx and is trading up premarket today. Horizon also is not a bad comparible.
Neither of those two companies has positive profit for the last four quarters.
No amount of reason can temper the fear of the screamers.
How can reclassifying to schedule II be frightening?
I swear, people should have a license to open their mouths.
I have a friend who works in hospice. In the 80's the docs would not allow enough drugs for pain relief because they did not want their dying patients to become addicted... that said, I understand the difference between addiction and habituation.
I have only been in the market for two years and have seen the same pattern. Every month they get together with their HFT houses and hedgies to create confusion and steal Joe Bloze money. The editorial offices are on their payroll. How else do we get a flush of identical articles from several "independent" blogs and periodicals coincidentally in a short time frame.
I have no doubt it is a coordinated effort.
Retail investors and traders should get together and have a penny per trade, sent to an oversight board of our choosing, that keeps the feet of the SEC to the fire.
Some hedgey is shorting it down. They will find their borrowed shares get vacuumed up, like saki did, and become very hard to cover for less than they sold.
They will need the assistance of bash articles and abusive posts on all the chat rooms.
Then you will have to take those classy ladies on some reckless all-terrain vehicle excursions.
All good algorithms should include sufficient IF-not-then statements.
I should have footnoted step 2.
To get some Zohydro follow these steps:
1. Begin a habit of binge drinking.
2. Despite failure, continue to flirt with women who outclass you
3. After being rejected turn to desperate measures to impress them
4. Impress them by climbing out your second floor dorm window to climb to the next floor or across to that nerd's room.
5. When you fall, land in such a way that you will never fully heal and be in constant pain for life.
6. Get medication to manage the pain.
Just tryin' to help you out son.
Dang right. Yesterday I sold more losers and rotated into a combination of common shares and july 2.5calls.
This is about the surest play in the market this winter, and will probably move up by steps each quarter.
It would also be a great way to kill the shorts. Incrementally like cooking a frog. When the increase is on such small intervals, they can't decide its hot enough to jump out.
" I'm glad that management turned down bargain based contract on rigs,"
That was one key point on the earnings call. Hercules has turned down more offers for contracts than they accepted, by a wide margin. He said the customers know when they are in the driver's seat, it comes through during negotiations. This year the service companies are driving and the generals know it.
210k per day times 300 working days is 60million. It is starting to add up.
He also specifically stated that using cash flow to build the business would serve the owners more than a dividend, and he implied for at least the next two years.
I have been watching HERO for two years and this month I dove in with them. It has such good alignment at this point.