Maybe he'll get asked about JCP, and be able to strongly deny (for the 16th time) any interest in buying any shares.
Not that that will stop all the liars here posting that he's bought 2 billion shares, 200 million shares, etc. :)
Where do you idiots come from? No poison pill? Do you know ANYTHING about JCP? Do you momos even check the news before you post?
Hint: August 2013
Funny guy - yesterday you said he bought 2 billion shares. Now that you've been schooled that they only have 300 million shares outstanding, you've lowered your lying pump. :)
BOSTON , Oct. 22, 2013 ZIOPHARM Oncology, Inc. (Nasdaq:ZIOP) today announced that it intends to commence an underwritten public offering of $50,000,000 of shares of its common stock. All of the shares in the proposed offering are to be sold by ZIOPHARM.
J.P. Morgan Securities LLC will act as sole book-running manager for the proposed offering. ZIOPHARM intends to grant the underwriters a 30-day option to purchase up to $7,500,000 of additional shares. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
ZIOPHARM intends to use the net proceeds from the public offering for the overall development of its drug candidates, including its synthetic biology candidates and small molecule candidates, and for general corporate and working capital purposes.
A shelf registration statement on Form S-3 relating to the public offering of the shares of common stock described above was filed with the Securities and Exchange Commission (the "SEC") and is effective. A preliminary prospectus supplement relating to the offering has been filed with the SEC . Copies of the preliminary prospectus supplement and accompanying prospectus may be obtained from the offices of J.P. Morgan Securities LLC , c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Telephone number 866-803-9204).
Tweet a little while ago:
"JMP Securities J. Butler on $ZIOP: Of course the re-run up is bullshoot (sic for the censors) but buy the stock anyway. RTS platform! temporal expression genes!"
Well, at least you didn't call me a name like the other guy. :)
I still disagree, and that's what makes a market (liquidity).
We'll know soon enough. Good luck.
Speaking of SIRI, anyone here own it? Stellar performance, chart a thing of beauty over the past 3 years.
I've done very well playing the moves (both up and down) since the low $30s. Yes, I was wrong above - it wasn't quite done yet. But since there is no perfect entry (or exit) I've continued to short more since then, including over $78 yesterday. Pretty sure I'll do fine. If not, I'll live. Nobody hits 100% of their trades, even moi. :) (Just trying to appear humble, I'll actually kill this, lol).
Good luck in your trades.
No, it went straight down from there, and as you've seen I'm still short half my original position (see above for my 1/2 cover at $9.28). From $19.01, I'd say I did OK, don't you?
Still think I was in over my head? :)
Tell me, should I cover now (I did say $7ish, didn't I?) since I'm sure you'd say that it's certainly going to bounce big from here, right? Or should I let it ride a while, and increase my already substantial profit on the trade? Have you come to your senses yet, or are you still defending the indefensible?
Either way, I hope you're doing well.
If you mean the old Broward Mall in Plantation (now called Westield Mall Broward - or is it Westfield Broward Mall, lol?) I live a few blocks away from there. Yep, they've been busy. But they've been running full page ads in the Sun-Sentinel touting almost the entire store at 50% off. While that will bring in biz, it's never going to make up for what they've lost. The customers are just never going to come back, in numbers sufficient to save them.
I feel for everyone who lost money or who are still long, but you have to face it at some point - it's over. After the holidays, it will become official.
Good luck all.
Exactly, that $3 must look really good to everyone about now. :)
And the HOLD is surprising. Gotta find the positives, huh?
3:42 PM EDT, 10/17/2013 (MT Newswires) -- Amarin Co. (AMRN) was downgraded to Hold from Buy by analysts at Canaccord Genuity. The firm cut its price target on the biopharm company's stock to $3 from $10.
AMRN is down 62.3% at $1.95. Shares fell as low as $1.85 this morning, their lowest level since 2010 after the company late Wednesday said the FDA's Endocrinologic and Metabolic Drugs Advisory Committee voted 9-2 against approval of its Vascepa capsules for certain uses.
Could have been a sell, and the target down to $1. :(
Search for it, since my tricks at making it a link aren't working. :)
They used to be able to get whatever you wanted, but I don't know if they are still that accommodating. Worth a try.
11:46 EDT - If Men's Wearhouse (MW) and Jos A Bank (JOSB) do decide they could be a good suit, it could be a long and drawn-out affair. JOSB offered $48 /shr, valuing MW at $2.3B billion, to be funded mostly with new debt. Stifel believes deal has better than 50% chance of being completed, and above the original offer price. However, it notes MW "is more than fully valued on a fundamental basis," cuts to hold from buy. JOSB said deal would boost trailing EPS by half, and its own estimates of potential gains from deal mean a higher price can't be ruled out. MW down 0.5% at $46 ; still up 30% from when the offer was announced. JOSB slips 1.3% at $48.23 .
(END) Dow Jones Newswires
Copyright (c) 2013 Dow Jones & Company, Inc.
You're on the right track. Covered 1/3 @ $1.96 (from $7ish) and will let it settle, all with a tight leash.
As posted here previously, I've been long since $28, but I think it prudent to lock in some of this nice gain. So, I took half off my position throughout the day yesterday, averaging about $45.75. I think JOSB will ultimately raise their offer, but nothing is certain - and no one ever died taking profits. :) I'll keep a tight leash on the rest, in case that doesn't materialize.
Let's see if we can milk some more out of this. GLTA.