silver (aka mtwalkers) NICE CALL!!!:
Posted 8/30 3:19 PM: "im saying 4.00 in 2 weeks myself record this...."
Reality Check: 8/29 close (8/30 was a Saturday): 2.08; after trading as high as 2.22 that day, but closing near its 2.05 low.
9/12 close: 1.85
Lowest volume in months, no trades during the last half hour (I know summer doldrums) AND increased "competition" from Vapor Group; when will it end???
"DAVIE, FL / ACCESSWIRE / September 11, 2014 / Vapor Group, Inc. (VPOR), (the "Company"), announced today that it has engaged Harold L. Kestenbaum, PC, East Meadows, New York, as its franchise attorney to represent the Company in the franchising of its brands. Mr. Kestenbaum has been engaged to prepare and/or review any and all required State of federal franchising agreements and disclosure documents in order for the Company to fulfill the regulatory requirements of the nationwide franchising of its brands."
Thanks for your substantive post; you really added a lot to the discussion.
Are you so insecure that you are compelled to write such nonsense...OR are you in high school?
Those are the only two choices; either paint you in a not so good light.
Calling the kettle black???
9/3 posted by YOU: "i am the one the only one, vape like i said on my last id is a 4.00 stock... idiot"
9/4 posted by YOU: "ha ha no i just made this id to mess with walker"
I think vape performed better when you used your "silver" ID; you know, the one you created on 8/20.
Isn't it wonderful when some blow hard posts "...your an idiot", and by doing so, simply confirms what she is?!!!!!!
You must be relatively new investing.
Back in the day, before option grants became so prevalent, once in a while one would witness insider buying or selling. Fast forward to today and you don't see many market buys by insiders, but the selling, not surprisingly periodically continues. No surprise re no insider buying; why would an insider buy if they don't have to risk their own capital and just exercise options if profitable to do so and then sell the shares?
Bottom line, IMO, it would be foolish to think yesterday's selling by a insider meant anything at all with the exception the insider wanted to monetize some of his exposure to JNJ.
"Chevron BOD needs to split this puppy to "
Please explain to the board how a split will "get this monster moving again".
And I'm not asking about a possible short term pop from a split; I'm looking for long term fundamental reasons.
Curious that you mentioned SBAC; a stock that is not that widely followed by retail.
I've been long SBAC since 11/17/99 @ 11.50...sold a few shares to almost take out my cost just a few months after my buy and then rode it down to the low 20 cent range! Wild ride from point A to B to say the least. I did sell a few shares a couple weeks ago.
Volume lowest in 3+ months; I imagine the pumpers will somehow construe this as good...pulling the favorite "weak hands have finished selling" or some other silly "thought".
IMO, the market looks at more than just earnings; most posters feel earnings were "okay".
The key point you made: "Gross margins came down 400 basis points"
Time and again, I have seen stocks get hit after the company reported a significant decline in margins.
"Do you want $50 short term, or $100 long term?"
Future is never guaranteed; something can always come out of left field (or the infield; can you say almond shortage...supply v demand?).
Re any stock I own, I'm pretty sure I'd be happy with a premium takeover offer over what may be.
"The discussion was about the performance of FBIOX vs. IBB."
Yes it was--until a more pressing situation arose: you demonstrated that you do not know how to calculate percentage moves, and being a caring individual, I chose to educate you.
You wrote / "calculated": "But if a share quadruples in price then it went up 400%. That is the way all analysts judge the performance of equities. Again, FBIOX went from $59 to $226 including dividends over the past five years for an increase of 383%. The $59 is now worth $226."
I and a website have both shown that YOU ARE INCORRECT.
Let's look at yesterday's FBIOX price change:
9/9 close: 213.57
9/10 close: 219.74
What percent did the NAV increase?
219.74 - 213.57 = 6.17
6.17 / 213.57 = .0289
.0289 x 100 = 2.89%
HEY!!!!! what did you know? YahooFinance shows FBIOX increased its NAV, from the prior day, by 2.89%...that's the same number I calculated using BASIC MATH skills.
When you use your BEARDSTOWN LADIES' calculator (Google it), what do you come up with?
It is highly doubtful that Michael Bloomberg's "baby" will yield inaccurate calculations; mostly from the company he stated, he's worth around $35B. If his product was inaccurate, I'd say Telerate (Google it) would be the leader.
P.S. If you feel embarrassed having posted incorrect "facts" such as the one above, you can always delete your post!
You are welcome.
Presumably we all know, okay probably NOT YOU, successful people who dropped out of college; just earlier today I spoke of a H.S. classmate of mine who dropped out of MIT because the tech company he started was so successful.
That said, he, Jobs and Gates created SUPERIOR products that had little or no peers.
Vape, on the other hand is pretty much in the commodity business; there are TONS of competing products; heck, there's another penny "vaporizer" stock competing for naive retail "investors'" money!!.
Sorry for your loss. Oops! You probably are a "professional" and do not own any shares.