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Post by biotec on Nov 24, 2013 16:11:25 GMT -5
Well sounds like Im not the only one in the same boat. I went all in with what I had at the time to invest in Mid 2007. I only been able to pick up a little more here and there. When I bought I said it was for the long haul.So here I am 6 yrs later! rak I did the same thing and it just makes matters worse. Yes I wish I sold and bought the stock over many times, But no way of timimg this stuff when you buy for the long term.
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Post by dreggy on Nov 24, 2013 22:57:07 GMT -5
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Post by Earl Grey on Nov 25, 2013 16:22:16 GMT -5
Thanks BD, just need a time machine to move it along a bit faster !
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Post by ashiwi on Nov 28, 2013 14:17:08 GMT -5
As the clock ticks down, The big question is when will the big short attack happen. You know there will be an attempt to scare longs out right before the PDUFA date. I just hope that Al Mann has something up his sleeve to turn the tides on the shorts.
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Post by ashiwi on Nov 28, 2013 14:18:22 GMT -5
Certainly a big pharma deal would do the job.
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Post by BD on Nov 28, 2013 20:01:34 GMT -5
As the clock ticks down, The big question is when will the big short attack happen. You know there will be an attempt to scare longs out right before the PDUFA date. I just hope that Al Mann has something up his sleeve to turn the tides on the shorts. Perhaps he could try doing what GMCR just did-- have a slew of directors buy a significant number of shares on the open market. That was a nice little Thanksgiving nod to the shareholders...
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Post by Earl Grey on Dec 4, 2013 17:13:43 GMT -5
I have decided that the only way to stay sane with this stock after my first purchase in June 2008 and 48 sunsequent buys at every price from $10.50 to $1.61 to last month is to focus on the day of decision that will tell me if I have been a dummy or a genius ! Just wish I was genius enough to make an automatic countdown clock to post !
144 DAYS TO GO 132 days to go, and pretty sure share price is the same as when it was 144 days to go so guess I better find some other money to use for Xmas presents !
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Post by goyocafe on Dec 10, 2013 13:02:29 GMT -5
I have decided that the only way to stay sane with this stock after my first purchase in June 2008 and 48 sunsequent buys at every price from $10.50 to $1.61 to last month is to focus on the day of decision that will tell me if I have been a dummy or a genius ! Just wish I was genius enough to make an automatic countdown clock to post !
144 DAYS TO GO 132 days to go, and pretty sure share price is the same as when it was 144 days to go so guess I better find some other money to use for Xmas presents ! The clock on the home page reads 4 Months and 7 days, but I figure it more like 4 months and 2 Days (April 15). The only reason it matters is because I'm holding my breath!
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Post by BD on Dec 10, 2013 13:42:14 GMT -5
I originally configured the timer to agree with earlgray's number of days, but I had to fudge it to do that. I think it should actually be accurate now
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Post by Earl Grey on Dec 11, 2013 18:53:02 GMT -5
125 days to go. Oops, I peeked at the price again. I think I have a hoarders DNA, when it goes up I can just whistle, no need to do anything but when it goes down like the last 2 days it creates a compelling urge to add to the share stockpile to keep the average price down. Guess it wouldn't be a problem if I had ever sold any. Just always seems such a bargain when it dips !
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Post by Earl Grey on Dec 30, 2013 17:31:57 GMT -5
106 Days to go! That means only another 15 Mondays where you have to wonder if this is the week that makes it all worth the 4 years of stress !
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Post by rtccpa on Dec 31, 2013 15:59:13 GMT -5
I keep hearing that old Tom Petty song over and over again in my head - "The Waiting is the hardest part"
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Post by Earl Grey on Jan 2, 2014 13:59:44 GMT -5
103 days to go Just read the seeking alpha article about the 'January' Effect, It seems that to BIOD speculators it is fresh news that there is end of year tax selling followed by some stocks going up in January. So the shares push up 16% today. Can't wait to see what pearls of wisdom we get for the 'February effect', maybe people feel more likely to invest when they get lots of Valentine cards (or not).
"At the end of every year tax loss selling and Hedge Funds facelifts push some stocks down too far. Investors are looking to bite the bullet and take losses on stocks to offset gains on other stocks for tax purposes. Portfolio managers are looking to sell their mistakes before they have to report their positions on December 31 to give the appearance they didn't make any unwise judgments.
The selling barrage from investors and managers halts in January after the close of the year because it is too late to hide losses or reduce 2013 taxes. These stocks often rise significantly as few are left who are willing to sell at the grossly discounted prices. The selling pressure last until December 31 and sometimes buying pressure begins early to move the stocks up before December 31 in anticipation of the January Effect."
Apologies, snow storms make me cranky, hey maybe that's the 'snow' effect !
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Post by BD on Jan 2, 2014 14:20:09 GMT -5
Except that the "December" effect wasn't very evident this year; did you see a sell-off? Even MNKD, which has been a crappy performer of late, did better in December than before that... so I've been expecting a January sell-off (again, I'm speaking market-wide, not MNKD in particular) because IMO people didn't want to sell before EOY to avoid racking up even more capital gains taxes. I've actually been doing a bunch of profit-taking and cash-raising today for that very reason. I need cash for a project, but I'm also willing to have it sit on the sidelines for a while and be ready to put back to use after a correction...
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Post by Earl Grey on Jan 13, 2014 16:26:24 GMT -5
New Countdown needed ? 92 days to Approval 77 days to Adcom (11 more Mondays)
Leak that PR was coming, price/volume went up Turned out that PR was for Adcom, not Partner or M&A, price/volume went back down Now what ?
Speculation 1) An Adcom is good news(80% gain approval, Label advisement mainly, no delay to approval) Price Up 2) An Adcom is bad news (20% do not get approval, or maybe delay in approval) Price Down 3) Adcom neutral (T1&T2 together is bigger than previous submissions, FDA would like outside confirmation that they are right to approve) Price yo-yo's
I think 3, and that with price straddling the $6 mark for the week it will then start to climb to $8 by March 28. Then we'll see how the investors and the speculators fare on the last roll of the dice !
Or .......
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