1. Almost all growth stocks have shelf registration sometime to raise capital for expansion.
2. Self registration always depresses the stock price temporarily.
1. Longs: Shelf registration won't lower the stock price and make it to go to the moon.
2. Shorts: Shelf registration will lower the stock price badly even make the company go to bankruptcy.
As an investor, we should do the DD to judge if this stock is a growth stock and if it has a good future.
For KNDI I think it is. Because it happens to be at the right time and the right place: China has a very big pollution problem. One of the solution is the EV and KNDI is one of them and it's a Chinese company. Every one knows Chinese government protects vigorously its own interest. The local companies will reap the benefit from the subsidies of their government..
Every time kndi pops up there is some law firm impersonates government agency to investigate kndi. They try to make investors believe kndi are doing something wrong and investigated by SEC now. But this story is rpepeated.over and over for years.
I wonder if there is a conspiracy trying to keep kndi price down?
Ask yourself why you buy pbyi when it's already up more than 4 times and its drug is waiting for years to be approved if possible?
I'm sure like hell fund managers are selling like crazy now to get your money.
What we should do:
Hold tight shares we already have and buy more when it dips if possible. Don't buy on margin because sometime MM drives the price too low and forces us to sell with a loss.
CMG is the Wall Street fairy tale now. From 5 years later when we look back, we'll not understand why a small Mexican food chain selling burrito founded by a couple of fairy young men could have market cap 21 B and 673 dollar per share. This is one of many crazy stories created by Wall Street crooks to rob money from naive investors.
CMG collapse is unavoidable because it can not be a growth stock forever by selling burrito when customers fed up with its boring product.
Jeffrey Pifer #$%$ and Jim Cramer try to pump gwph to the moon and they'll dump their shares on naieve investors. They make people think marijuana is a magic drug. If it's true all marijuana addicts would be disease free people and FDA should encourage every body to smoke marijuana..
I also hear cmg would offer burrito car. When you hit the button the burrito will drive itself to your house. Also they offer burrito drone. it can fly to your place after ordering.
Wunderlich analyst upgrades CMG from 542 to 560. Why in the world someones are willing to pay 605?
The only thing which happens is some scam artists raise price to squeeze shorts and lure longs to buy. They might raise price to unload their shares because they knew in advance bad news coming. Wait and see in a few days.
When WS big boys such as GS upgrade a stock you should understand they already bought a big load of shares of that stock months or weeks ago. Now they are ready to dump on you when they upgrade (stock). NFLX is no exception. First GS kills shorts then they kill longs as well. You'll see nlfx will be down big time in a short period of time. After all if we're GS, we would use the GS weight to do the same thing to make money.
Why I don't take profit when I know WS crooks will raise price the 2nd time to trap naieve investors after they bag shorts the 1st time the same way they did in previous case with other stocks such as icpt, srpt etc.Then I short again.
Next they sell then short before they downgrade pbyi to make pbyi crash for them to buy to cover. Wait and see.
This is how wall street crooks make money on american workers's 401k saving account. No matter how good mexican food is, it can't be worth that price.
I can't agree with you more. This case is exactly the same with icpt a few months ago (from 72 to almost 400 in 2 days, then drops like a rock). This is a Wall Street crooks's scam desired to trap naieve investors.
You'll see soon someone will denounces this artificially high price or downgrades this Mexican burrito fast food.
I think cmg is worth less than 100/share.
I followed hot stocks such as krispy kreme, icpt etc and their movement pattern as below:
First when they announce exceptionally good news and analysts jump in, they skyrocket the first days some time the 2nd day, then drop the next day. Then they rise again with analysts's upgrade to sky-high target price normally higher than the first time. They continue upward with slower pace in a few days or a week and volume dry up.
Then they start seesaw up and down a few days then start coming down first slowly and accelerately because there is no more buyers but many sellers (take profit) and shorts jump in.
Now PBYI is in the stage of seesaw and start to come down that the reason why I said it's time to short.
Today 8/6/2014 pbyi was down more than 5 bucks. The pbyi downtrend started even without any bad news. The other hot biotech stocks were down as well.
If pbyi would get a bad news (bad earnings, side effect, FDA questions etc...), it's very easy to lose 100 bucks.
Today if you look in pbyi chart you can see what I'm talking about:
1. Volume is very low.
2. Every time pbyi is up because some little guys like nworbtra buy stock and make price going up instantly someones sell a large amount of shares 15 - 20 thousands to pull price down. That means big boys start to sell their shares and that signals pbyi on the way down.