posted
I do too. I was just referring to when I bought at 4.01, I had initially just set a limit to buy on a pullback at 3.85, that's all. I'm just "thinking out loud" you might say, and sharing my reasonings with the board. Sorry if that came across as buyer's remorse. It's not that at all.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
quote:Originally posted by stocktrader22: Kevin....go bash CSHD in the meantime...lmao im down $8k in that pos
I don't "bash" any stock. I just offer my honest opinion on it. If that sometimes comes across as "bashing", I'm sorry. I've said it before, and I'll say it again: I hope I'm wrong about CSHD. I don't want ANYONE to lose money like that.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
quote:Originally posted by stocktrader22: Kevin....go bash CSHD in the meantime...lmao im down $8k in that pos
I don't "bash" any stock. I just offer my honest opinion on it. If that sometimes comes across as "bashing", I'm sorry. I've said it before, and I'll say it again: I hope I'm wrong about CSHD. I don't want ANYONE to lose money like that.
That stock deserves to be bashed, as well as any kool aid drinkers left defending it.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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quote:Originally posted by Repoman75: Yeah really, some of you guys expect stocks to go up $1 in 30 minutes.
PATIENCE. I'm not in, but I do see a bounce to the mid $4's.
"Temporarily suspended enrollment in the on-going Phase 3 trials until further analysis and discussion with outside experts and regulatory agencies are completed."
"To be clear, we are not ending either of the on-going trials at this time."
Looks like drug isn't even cancelled lmao!
Posts: 6266 | Registered: Jun 2004
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quote:Originally posted by stocktrader22: Kevin....go bash CSHD in the meantime...lmao im down $8k in that pos
I don't "bash" any stock. I just offer my honest opinion on it. If that sometimes comes across as "bashing", I'm sorry. I've said it before, and I'll say it again: I hope I'm wrong about CSHD. I don't want ANYONE to lose money like that.
That stock deserves to be bashed, as well as any kool aid drinkers left defending it.
What can I say, Repo? I have a softer side than you do, I guess. I genuinely hope things work out for the longs in CSHD. Do I think it will happen? No. But I definitely do HOPE it will happen.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
quote:Originally posted by Repoman75: Yeah really, some of you guys expect stocks to go up $1 in 30 minutes.
PATIENCE. I'm not in, but I do see a bounce to the mid $4's.
"Temporarily suspended enrollment in the on-going Phase 3 trials until further analysis and discussion with outside experts and regulatory agencies are completed."
"To be clear, we are not ending either of the on-going trials at this time."
Looks like drug isn't even cancelled lmao!
I'm trying to figure out how deep the lunch-time pullback is going to go, so I can load up further on this one. Any thoughts?
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
You could be right. I didn't feel it was necessary to place stop limits on this one, since the brutalization it took at the open seemed to take a lot of the downside risk into account. Pulled the trigger at 3.73, doubling down my position.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
I'm not so sure. This one's tough to read. I could see it closing anywhere from 3.80-something to the 4.10s ... who knows?
I don't normally use a streamer, as the plays I make aren't usually this volatile, but I just noticed a quirk, where the bid was actually higher than the ask for a few seconds. Are the MMs just THAT confused about what to price this thing at?!?
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
quote:Originally posted by Kevin Bailey: 3.91x3.92
I could see this having an end-of-day buying run, that would run it up to around 4.10...
OTOH, I could also see the reverse happening, and closing in the low 3.80s ...
Let's see who wins, the buyers or the sellers!
Daytraders will exit we will close at low to mid 80's
by the way i will hold overnight...I just found that their other drug in the pipeline has 1.5billion in potential sales when trials are over
Posts: 6266 | Registered: Jun 2004
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posted
I am also keeping my position overnight (and perhaps longer). I was able to average down into the lunchtime pullback. With three nearly equal buys at 3.73, 3.84 (I put it wrong in my previous posts) and 4.01 (just a bad decision), my average is down to 3.86 ... not terrible, but not as good as it SHOULD have been, which would have been in the high 3.70s after the average-down ...
We'll see what happens in the AM.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
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