Seven months is a long time to wait for that to happen when probably 70% of recent buyers were daytraders. Plus a lot of things could happen in the meantime--like the market rolling over later this year and thus put further pressure on the sector, which leads me to believe ACRX's PPS will probably be cut in half in the next few weeks.
Then why halt trading today? Makes no sense to me to halt trading of a stock more than 48 hours ahead of the FDA decision.
thx for pointing that out after I just bought in today.
so r u saying this is another pump & dump of some kind, because I bought in today based on someone's recommendation that has a pretty good return record so far.
What "short sellers"? Markets always get pushed to an extreme before a major rout starts...this time around the extremes are beyond anything previously experienced or imagined, but it all ends the same way none the less.
They may as well just come out and tell all of us start making out our tax checks directly to the large banks or corporations that own this place. It would save a lot of paperwork on their end.
When he mentioned CMG, I actually thought it was you posting ahhhaa63. Btw are you still long BWLD, or vice versa?
Yeah, but my bank still gives out toasters and on occasion those double filled glazed donuts with free coffee. Man, I'm tempted to go open another checking account right now just thinking about those donuts & coffee.
"Fixed?" How so? Apparently you haven't been paying attention the last few years... OBlamer has made things 1000x worse. Increased the national debt more than ALL his predecessors combined, helped to undermine the USD and reignite stagflation through excessive money printing & subpar economic growth, his administration also has raked more sandals than any other administration to date—including the Nixon administration, e.g.., VA, IRS, DOJ, Benghazi, ATF “Fast and Furious”, HHS Secretary Kathleen Sebelius, Solyndra, AP & Media Bullying sandals, etc… As well as the NSA domestic & foreign spying sandal, which not only helped trash the Constitution & the Bill of Rights even further but also help do irreparable damage to this nation’s image & reputation—and especially among our once most staunchest economic & military allies around the world.
F'ked up Libya, Egypt, nearly started a shooting war with the Russians over Syria, armed, helped train & supplied the cannibalistic Islamist Al-Qaeda terrorists (sorry meant to say freedom fighters) in Syria, who are now overrunning Iraq and killing everyone in sight... And if that wasn't enough the little clown has also managed to destroy American protégé around the world while at the same time alienating both Russia & China and reigniting the cold war. Yup, compared to this F'k-up old W was a ranked amateur. No wonder OBozo's poll numbers according to recent polls are the worse of any president since the end of WWII.
Nope, not get... But that can quickly change in the manipulated environment. In fact, today's action is just another indication that not ALL is well--especially with the Treasury market.
It's more than that ahhhaa63... Remember the Fed's printing and asset purchases do not occur in a vacuum. Fed printing and asset purchases affect the reserve currency, the U.S. dollar, and the Treasury market, which the Fed now dominates via its purchases.
Therefore, keeping interest rates near zero has removed any financial incentive to buying Treasury bonds other than flight to safety. And every day they continued QE, they chased away more and more of our foreign creditors.
In the end, what they're really doing is destabilizing the USD & the treasury market... And that friend isn't good and will definitely not end well for all concerned--and that includes the 1% ers.
Low volatility (VXO just hit a 20 year low), as well as continuing overall low volume... In other words, less & less buyers willing to pick up shares at these bubblicious levels. Just a bunch of HFT firms trading between themselves, which breads complicacy--and we all know how that always ends, right?