If you look at the chart you will see that when I made that call the 9 day crossed the 26 day,it was precisely the day that the trend reversed.
And by the same token this current downtrend was confirmed on or about 4/21 when the reverse happened.
You might call it luck and lacking functional rationale.
You see I know how to read a chart too hedge ,its not something unique to yourself .
There are many here who can.
Until Mondays call there is likely to be more bash and more drift.
Uncertainty is always good for inducing fear ,no?
As for putting you on ignore ,no, I enjoy reading your comments.
I too am a scorpio,its just that my sting isn't quite so deadly.
Once again you show yourself to be seriously deficient in comprehension skills hedge.
But I guess that's because English is not your primary language.
When did I ever state that a big pharma was attacking this company?
NEVER to my knowledge.
I don't subscribe to the take under theory but am more than a little bemused by your apparent short term memory loss when it comes to what you yourself have written.
I seem to recall '' I promise'' followed by a smiley face when the stock was trading around 2 dollars when you gave a target price of 2.39.
Then you said the stock was basing at 1.89 and rubbished someone who suggested a much lower price.
You were openly scathing when I ''suggested'' that 400,000 share turnover in the first 5 minutes could be indicative that daily turnover might be higher on 3/18 at the start of the upward surge in price then later jumped on the bandwagon yourself.
If you're able to pick the bottom then you're a genius but you would have to be the first.
Not only has the market been sold off but currently biotech is the most despised sector of all.
It won't always be so
I'm certainly willing to consider your opinion but I don't subscribe to everything you write as witness your lack of knowledge re buy and sell contracts electronic or otherwise.
Lay it on me ,I know I get under your skin,just remember my opinion is just my opinion much like yours the only difference being that you've apparently NEVER been wrong.
That's not a clone,its not subtle enough though the intent is much the same.
So long as its only a pause I don't care.
I'm still holding to the theory that its way beyond oversold and due for an uptick
Why is an entire trading floor committed to trashing a stock worth only a buck seventy when making money on OREX or VVUS was a much easier option?
Why did they resort to cloning longs in blatant acts of deception if they had real concerns about them losing money?
Why did they resort to open and aggravated abuse?
Surely it defies the imagination ,unless....
Well he seems very familiar with management blunders and knows the dilutions along the way.
I haven't been here for any where near that length of time but obviously can sympathize with those who have.
I suspect that most people here bought around 2011 when the share price sat for an extended time around 1.25 to 1.30.
That date is from memory, it is by no means precise,it may have been earlier.
I believe this stock to be currently oversold,but that's just my opinion,obviously I lack the technical skills of the clown...you know,the one who owns us.
But I hope you all remember the promise made by hedge and yet to be fulfilled...what was it 2.39.
When you consider that overeating is in itself an addiction.
BELVIQ has been proven to satiate without significant side effects or black box warnings.
Potentially good for smoking cessation,alcoholism,drug and sex addiction even gambling.
Worldwide a market approaching that of Apples but without fierce competition.
And that is just the first drug.
Could that be why so many people have inundated this board strongly suggesting we sell .
Or is it that they are so magnanimous that they don't want us to lose our money.
If the latter is true I cant fathom why they would clone or abuse us.
But we all have to make that judgement call for themselves.
Wonder if it might cure their addiction to this board,nah that 'll only happen when the last man standing is a retail short .
The two are so closely aligned that they could be joined at the hip.
When this stock hit 13 the bash swung hard out into action but if you were to go back and take a look at the huge daily turnovers leading up to that $13 price you will realize that there was such intense interest in this stock that retail investors have had to have their heads handed to them so as to dampen their enthusiasm.
Institutions bought on the way up and have undoubtedly bought on the way down.
The problem has been that a stubborn core of retail investors has point blank refused to surrender.
Short interest is down dramatically from those heady heights but it has taken 5 years to get here whereas the heights of 13 were achieved in just months.
The fact that so many so called professionals have been party to the hit should come as no surprise to anyone.
When a stock is deemed worth fighting for the sheer weight of money and power makes anything attainable.
Add in the impatience of retail investors and you have the perfect recipe for success.
Point proven but only 5 in 14 minutes.....c'mon you can do better than that.
Or is it just one lone ranger who has vexation of spirit.
You seem to be getting more and more testy hedge.
Chill out, don't let anything worry you,why does my opinion matter anyway ,its only an opinion.
You're like a house proud woman hellbent on perfection and cleanliness.
Are they not always the ones who end up having a breakdown.
Stress kills,if you've got stress in your life,run like hell in the opposite direction.
I'm still wondering what you taught me this morning,that a contract wasn't a contract, was that it?
And wasn't it you who predicted 2.39 as the next stop, whatever happened to that prophecy Nostradamus.
I cant speak for anyone else but no ones stolen my money, interesting though that you admit that shady people do exist .
We can agree on that at least.
I have been paying as much as 150 dollars a year to hold US shares in custody.
I transferred those I could to my US broker but there was one stock they wouldn't accept.
The fees didn't decrease in spite of the shares being worthless.
Am in the process of having them written off.
So true,if bemis and tnorm are not part of the SWAT team then they are definitely related to the ostrich.
Their head is in one of two possible places.