Earnings were nothing special and all was expected as there was no any good surprise and that is not enough for the market. Maybe slight spike in the morning to lure more in and drop as always?
I think you did right move especially before earnings where history shows us stock usually sold off in days after report. There could be slight surprise but realistically there is nothing to move the stock in the near future. Good trade .
ANIK was super timing as you all see. Buying last Friday into great dip and finish fill this morning as I posted last week would be right thing to do ...and it was and worked awesome. But as a trader I am selling to this move.
Target is actually pretty simple for me who never hold any stock longer than is need it to make fast money. Only in cases when uptrend is solid and last for some time , than it is OK to stick around but as I said many times before...I do not timing "Top" or "Bottom" as that is not too important to me.
Usually it works great across the spectrum I am moving in.
ACRX is going into $10's and at this point it is reasonably to think stock could see mid to low 10s if all is only OK, otherwise it could dip right under $10 especially when we see 200dma turning lower and next possible catayst (unless surprise in today's earnings report) is several months away.
I really do not care about any stock long term as that is by the time it actually happens I already would have made much more then buy low and hold all that time...Fact. Some like to hold and sea ride but not me.
But all this U would find in my posts as some Morons were trying to have their "reasons" to expect by now $13-15 price like Super Board Idiot "kitty" for example.lolol
Great day on all fronts.
I told you this was not good news AH and stock is reacting to it. Bad, very bad Monday! But I warned you long before that!!!
This yet another little news AH just will not help short term at all. Same as we saw those huge blocks selling AH on Wednesday....but why they sold out?
Did you mean 11.30s? Pretty bad close but as per my posts earlier it was well expected this massive correction which will continue further next week.
Here you C what an Idiot U R .....learn before your next Idiocy!
A typical Sore Loser's reply. Do you really are such a stupid guy ? What my trading has to do with your immaturity? Nothing, only I make money on people like you because it is perfectly legal to do so.
What hospital has to do with how market works? lolol Why are you so Stupid, same as your Idiol "kitty" is?
Why don't you shut up and learn before your next nonsense ..bird? Are you calling your self "bird" because your brain in such small scull?
We are calling for ANIK to incrementally start a new long position. Those of us who believed in approval got rewarded and sold and now we are awaiting for start to come back next 1-2 day ..buy little by little with major buy early next week at the latest.
It was incredible week my friends and I had it trading and my main short is TSLA now and already in massive profit there and will cove next week and short again as new opportunity will knock on the door.
ACRX is very good and safe short for time being as well and some of us taking advantage of that as well.
Remember....I know what I am talking about as you can see from the past.........it won't be fun for U if U R still long....not for a while and then it might get even worse.....much worse!
I expect stock to break bellow 50dma and in days ahead slowly approach 200dma for another "surprising" test. Of course U Morons (you know who U R) it will not be today or on Monday as you Idiots always think like Idiots...but aren't you? Some people here are very stupid the way they see this company stock is going .
And as I said and by that generated a typical Idiots replies who saw Fake green day as to buy more even I told those Idiots stay away from the stock for now because there will be much much better opportunity to get in in much much lower prices....if you still will want to go in after what I expect could be disturbing developments next month and mainly in May...........be careful!
July 27 might not be as good as most think.............be careful!
It was just confirmed . Buy lower instead taking trip lower and lower. It might be longer than you expect for to recover at this latest pullback.
Lower it will get now in multi day decline. Stock action was clearly signaling some nasty decline is in the work and as soon as they saw it was ready(today) we saw hurry up with new short position to catch this coming pullback. I expect one pretty good one this time around as there is no news to report and TA is very bearish with stock in overbought condition makes this great stock to short for time being.
I am quite sure tomorrow we will have good day ...unless you are still long, you won't.
I think it will teach some of you to hate "Trading software"...you know what I mean.
gog, at least most of the time for sure. I saw some post yesterday here that guy buys some funny trading software and it told him to buy at 12.01....People still get screwed for something they should learn and not be trusting some shady software. Our knowledge is better than some stinky trading software, period.
Guy bought the stock and already in bad loss and stock is just entering its next leg down.
This was well expected as stock was just getting ready for this move much lower.
If you bought it still would be worth it to sell in 11.70s as price will go much lower before any thinking of buying back.