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Aeterna Zentaris Inc. Message Board

walstretguru 387 posts  |  Last Activity: Nov 23, 2015 10:26 PM Member since: Sep 21, 2012
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  • Reply to

    Tax loss season

    by hurley6525 Nov 21, 2015 5:44 PM
    walstretguru walstretguru Nov 23, 2015 10:26 PM Flag

    I would only ask you one question. how do you know which BRLI shareholders are underwater with their OPK shares??? Just say'n.

    Sentiment: Hold

  • walstretguru by walstretguru Nov 18, 2015 2:28 PM Flag

    Brokerage firms in need of shares to sell to their clients will borrow stock from another firm, effectively going short and selling the borrowed shares to their clients. So while it may seem like a very negative sign for a company when its stock has a large short interest, it is generally very difficult to predict the stock's future price movement because the reasoning behind shorts is never completely clear.

  • Reply to

    opk to 22

    by one_dollar_at_a_time17 May 13, 2015 12:32 PM
    walstretguru walstretguru May 13, 2015 1:09 PM Flag

    Thanks.

  • I don't post often and have over 50 handles on ignore (including Sert, your favorite long that posts the nonsense about order imbalances to the buy side) but what I do is track institutional buying and selling through a Level 4 trading platform. Over the past 25 trading days there has been some serious accumulation by funds and other institutions. The float below $15 has all bit dried up. Therefore sellers are moving higher. There is not an abundance of large buyers, they are being patient and not forcing the bid. But nonetheless, they are there.

    Another conman theme amongst the longs here is the notion of a short squeeze. Not going to happen. There are very few short shares in retail hands. They have been shaken out. Mast majority of short shares are hedges, I know of one hedge fund with 7MM shares shorted against options that puts them net long a bunch. THERE ARE VERY FEW NET SHORT SHARES!! Maybe as low as 10MM, But my guess would be 20MM. Half of what people think there are.

    I have added every time there is a 2% decline. and now have over 30K shares at $6.67 average. I have 5 family members and friends with another 20K. I am not a fanatic I invest in solid growth companies.

    The only questions for me is what is Frost's end game?. He has never done what he is doing here. He is buying the company back every day. Just to sell it again? I don't think so. I think he takes it over. At what price? Depends on when. 5 years it will be at $30, maybe higher. So it will cost him $38 or so.

    Good luck.

  • walstretguru walstretguru Mar 24, 2015 12:35 PM Flag

    4 million shares did not trade hands on a single trade, Its nothing more than a fund booking shares into customer accounts. Most likely a closed end fund.

  • walstretguru by walstretguru Mar 12, 2015 7:10 PM Flag

    The rumors that hit the street so strong some 45 days ago had a very strong sentiment to it. I only repeat what I hear and when it more than a couple key players doing the talking, I tend to believe there is more than just a little to it. I believe the stock was trading around 9 at the time and the rumor price was $15-$17.

    And it picked up again today. No real number from the people I spoke with, but if you extend that same premium, you get $23-$25. I am sure they would get it done at that. But the problem is, there are just too many buyers on the sideline and they are keeping pressure on the stock. You can't believe what one hedge fund tried to throw at this last week to get some stops triggered in the high $12's. Tried dumping blocks and they did not even make it to the ECN.

    And they keep making some very stupid retail shorts believe that short is the place to be by taking huge long options and hedging with a fraction of short position, thus increasing short float. Believe me guys, there are no retail shorts taking new positions here. Its all hedge. Shorting their own shares but are very net long options.

    Nose to the ground and thinking this is going up in the next few days should this new rumor have legs like the last one, No doubt there was a buyer, price just got away from them soooo fast.

    PS Cramer was told to tell his people "no more buying." They don't want this going to $20 before a deal is done.

    Sentiment: Strong Buy

  • Reply to

    Burning off that high RSI,

    by cl124cl Feb 17, 2015 3:45 PM
    walstretguru walstretguru Feb 17, 2015 3:59 PM Flag

    The last guy that tried using the RSI to trade with missed a 20% move. A high RSI in a momentum stock is a worthless indicator,

  • walstretguru walstretguru Feb 17, 2015 9:49 AM Flag

    That would be day to day operational information and not considered a material event. Interesting, but not what SEC would consider a material event. ANy idea now much time they are buying? I know how successful other campaigns have been. Getting the word out to potential users may be what it takes to get large number of doctors to take notice that 4k is going to be SOC in the next year or so.

    Sentiment: Strong Buy

  • walstretguru by walstretguru Feb 13, 2015 12:02 PM Flag

    Even though I am over 75% sure this will close near green today.I promised myself no mater what happened today I would sell these 5000 shares, I took on 10K in the last 10 days that were meant for a trade but as you know it just kept going higher so I'm up 15% on those, taking me over 50K shares. I can't just keep adding to one position Regardless of how great it is. So Tribeca $2000 for the party OK? You all have a great weekend!

  • Reply to

    Fake Drop

    by leehab22 Feb 13, 2015 11:15 AM
    walstretguru walstretguru Feb 13, 2015 11:21 AM Flag

    They are smarter than you think. When they have a large order to buy, they will sell in blocks to create selling. It's all HFT and they know exactly how much to sell. Problem is there is still a lot of hidden buyers that are not tipping their hands until they pull the trigger. But an astute retail trader can jump on and off the dog and be very profitable.

  • walstretguru by walstretguru Feb 13, 2015 11:16 AM Flag

    How can this be legal making money like this?

  • Reply to

    Watch how fast this moves back to $13.50

    by walstretguru Feb 13, 2015 10:51 AM
    walstretguru walstretguru Feb 13, 2015 11:05 AM Flag

    No shares to short so they are in options maybe, but I doubt it. These people on the board that claim to be shorting are just wanna be's. Most are stuck in a horrible position and have had to pay margin calls left and right, And many covered with big losses and are just hanging around to pout. And one in particular is a guy that owns a 1000 shares long and is a psychopath,

  • The shares did not some in like they had hoped.

  • This is well orchestrated and was all done for the sole reason of buying shares. And of course I was buying a trade, Has not been many opportunities for this. Nice thing is the rookies were buying at $13.90 and above on the up days. Now they are out. Perfect set up. Will I make $5000 on it today? Doubt it. But $1000 -$1500 will take care of diner for two at Mr. Chow.

  • walstretguru by walstretguru Feb 13, 2015 10:27 AM Flag

    In 5000 to trade @ $13.21

  • Reply to

    when to trim

    by weggie61 Feb 13, 2015 6:51 AM
    walstretguru walstretguru Feb 13, 2015 9:07 AM Flag

    If you are using the gains to pay bills, then you should have never been in the stock. What happens if it would have lost 50% of it's value? Sounds like bills may have not gotten paid?
    I'm sure you have heard the one about pigs and hogs?

    Well I'm holding almost a quadruple on many of my shares and I'm not selling yet. But then I could lose every dime of the investment and sleep just fine.

    You should be selling all but a handful of shares and never ever feel like you missed a run if. You can't afford not to book a big gain here.. JMHO

  • Reply to

    Short Interest

    by walstretguru Feb 11, 2015 10:12 AM
    walstretguru walstretguru Feb 11, 2015 12:36 PM Flag

    Absolutely correct. You are subject to wash rule with the short shares. Its a new position.

  • Reply to

    Short Interest

    by walstretguru Feb 11, 2015 10:12 AM
    walstretguru walstretguru Feb 11, 2015 11:51 AM Flag

    lee

    If I want to maintain my position long, and protect gains, the cheapest and cleanest way to do it is short it. Hedge funds do it all the time.

    And as you stated, when a firm is net short, they may very well buy the stock to manipulate some gaps. But that's a different animal than hedging..

    Sentiment: Strong Buy

  • Reply to

    Short Interest

    by walstretguru Feb 11, 2015 10:12 AM
    walstretguru walstretguru Feb 11, 2015 11:43 AM Flag

    ?? Their short is not hedging against a gain, it;s hedging a loss in stock value. Protecting gains. So the stock can double all it wants and the hedge is still in place. They just short more to protect the higher gains. hence why the short interest just keep raising with the price.

    Sentiment: Strong Buy

  • Reply to

    Short Interest

    by walstretguru Feb 11, 2015 10:12 AM
    walstretguru walstretguru Feb 11, 2015 11:08 AM Flag

    I have no proof as in paper work I can present to you. But then I have no proof that the sun will rise tomorrow, I only go off the fact that it has risen for the last 100 billion years and so it will happen again and again. Same with hedge funds shorting the box. They do it and don't give a hoot about the tax implications. Thats what they do. Hedge. And as long as a stock is moving, either up or down, they hedge. Some people believe hedge funds make all their money on big moves in their positions, Not really true., They make money by controlling huge blocks of stocks and taking small gains from large moves. And are always hedged.

    The second part? Firms borrow shares from other firms all the time. If they do, those shares are now lent out and are in the short ration as a rule.

    Been up and down this street and melted a lot of ice with these guys. I have a pretty firm grasp what is going on.

    Sentiment: Strong Buy

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