I believe there are some hedge funds who started to buy kndi shares. But because kndi is a small stock, if they want a large amount of shares. The only way they get them by lowering price so small investors are frightened and sell their shares. Wait and see.
I have to say kndi situation now is better than any time in the past with a bright future. There is no reason to keep this low price beside manipulation.
KNDI is down in many days after a very good earnings due to option expiration today: Traders push down the price so they can get a huge profit form people who bought calla or sold put. You'll see kndi would go up fast on next Monday.
I think bilionares in stock market get money from people who lose money in the stock market. Money changes hand from losers to winners.
Thank you because you show that you're more civilized than the others. We just express our opinion not try to insult someone who has different idea. We all have the right to believe in our judgment despite it's right (make money) or wrong (lose money).
My short position hit the stop order. I didn't make much money but at least I didn't lose money.
If I cover today I can make profit of several thousands dollars. Of course this is a petty cash to compare with billion dollars. But you should know Wall Street doesn't create more cash only transfer money from an investor to another one. So you know where is the money these billionaires get from?
By the way I shorted vrx at 202.50 yesterday and put a stop order to make sure a profit. I don't cover now because I think there is room for vrx to fall further.
If you listen to WS scam artist such as M. Pearson, Bill Ackman, Carl Icahn, etc... Sooner or later you'll lose your shirt. It's better off for you to select a good company in the bad situation and "buy low, sell high" to make money for sure. The only way to make money with these highfly stockso is shorting closed to highest price and waiting for crash (very difficult)
Michael Pearson, ceo of vrx, a small canadian pharmaceutical co should be investigated because of many threatened take overs conducted by him with conspiracy of bad hedge fund managers and bankers
First IPO with 50% to 100% above the initial price. Then suddenly bad news come out from analysts, media to make these stocks down below the IPO price. Then good news come back to make stock price zoom up again. No need to say the WS scam artists make billion dollar thru this manipulation.
Wall Street always overshoots as we know it. The only thing surprises me is CMG lasts pretty long with that exorbitant price. But some day it'll crash to the earth or even go to bankruptcy.
Market cap is just an inflated number based on stock price. Practically pbyi has nothing: no product, no revenue. It has 153 mil, so this ipo worths more than 190 mil much more than the cash it owns.
Well, well, well. Cowen is one of brokers to do 2nd IPO for PBYI.
Do any one of you consider to take a 2nd mortgage of your house yet?
Crooks knew in advance the 2nd IPO announcement today and they intentionally pushed price up almost 20 dollar in 3 days then dropped 25 dollar today.
PYBI management, Bank of America, JP Morgan and their accomplices made a huge profit and a lot of naive retail investors lost their shirt.
ALNY was found in 2002 and around 2004 or 2005 I already read they will have product on the market in 5 years. Beside they listed they cooperate with tone of other pharmaceutical companies to develop many drugs. Well until now 2015, no drug is on the market yet the only thing you see is tone of PR, the rising stock price and the executives exercised stock options with hundred million dollars.
I follow alny off and on for several years. The strange thing is this company never has any product just an idea RNA and stock price keeps going up and up thanks to PRs issued regularly by management.
They just said they have 450 Mil more than they need then they do another IPO of several million shares. Any one know why?
Another strange thing is even stock price is moving up but I only shorted this stock many times and made profit every single time.
Sorry. I miss the letter c (fracking) while typing.
By the way the last time SDRL had this low price (9.57) was March, 15, 2008.