"There is only one side of the market and it is not the bull side or the bear side, but the right side." - Jesse Livermore
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"There is only one side of the market and it is not the bull side or the bear side, but the right side." - Jesse Livermore
Good morning Midas and All-
Don't forget about the Frear presentaiton today. Link on yesterdays thread.
Maybe Frear can bring some life to SIRI with his speach today, but I doubt he can turn anything else green on my watch list. Yikes, this is ugly so far with only the Marijuana stuff green on my watchlist of 20+ issues. Futures were way off before the bell, so that should have been a clue (to go fishing, play golf, or simply walk away from the computer). Here's hoping....... for a turnaround.
Any ONVO holders still out there? Down 7% today on volume. Anyone buying?
I still own it [ONVO]. As a spec play, I've already got all I'm willing to "Lose" in it. Just riding it longer term.
Sundeeez, I hate to admit that I got scared out of BBRY not long after I bought in. I made a good profit, but started paying attention to hype from all their competitors and feared maybe they'd soon take a hit. I guess I was wrong. Congrats on your swing trade success with them. I might take another look with very short term horizons in mind.
I also got out of ONVO after going nowhere and after witnessing and remembering my old lessons of failure in the OTC market. I made a commitment now to stick to the stable markets and let others get high blood pressure over the pennys.
One thing to remember, it is spring break for a lot of families this week. It may explain why the forum is a little slow. Just a thought...
I hear ya with these OTCs....Had a 3.65 buy in and it went all the way to 3.63 and never filled my order!! I bet the scammers know something and are getting shares today and it pops tomorrow . We'll see.
I also was talking to my guy at the company that took it public last year, Spender Trask, about another private equity opportunity, and he said ONVO is going to be up-listed to NASDAQ soon and look out! I know they are planning this, he implied it may be sooner rather than later. FYI
Looking at the ONVO chart I don't see anything jumping off the screen which gives me any particular urge. Also, I wonder how much faith we put in the words of the broker who sponsors the stock. Wouldn't he necessarily have something to gain by putting out such information (whether it is true or not)? Would this be akin to "insider information"?
Don't get me wrong, but it surely would be nice to have a big chunk of ONVO if or when they get to the NASDAQ.............which however, begs one more question. I'm trying to think back a couple years as SIRI was inching toward the QQQQ listing, and if memory serves, that was not simply an automatic "application" process, and it didn't just happen on a random time frame. Didn't it have to do with Market Valuation as a minimal entry point, followed by a ranking amongst closest competitors? Seems to me all the ducks were lined up long in advance, and it was Dec 31 or some fixed date when the symbol began to be listed on that exchange............... Does anyone else here recall any of what I am saying? If so, please chime in. In the meantime, I'll try to recapture some of that entry qualification consideration.
can we get a quick full disclosure on what stocks everyone is invested in or trading?
I own --> AT&T(T), Cullen Frost Preferred Shares (CFRPRA), MAKO Surgical (MAKO), MIMVI (MIMV).
The first 2 are my dividend payers both yielding over 5%. Those are my income generators that allow me to "trade" while earning me a return. The last 2 are my lottery tickets hoping one day they will hit.
EDIT: PS, after typing the info below I did some additional research which corrects some of my wrong thinking. I see that the NAZ100 Index is likely what caused all the "escalated qualifications" on the part of SIRI.........the NAZ 100 lists the largest 100 NASDAQ stocks based on market cap. Obviously, there must be tens of thousands of other listed NASDAQ stocks, so please accept my confusion and misleading info. PS. However, SIRI did have to go through a re-listing qualification effort back in that referenced time frame.
Sorry for the bad info.
Now I think I am totally confused. In order to be included in teh NAZ100 index, doesn't the symbol need to be listed on the NASDAQ? Nonetheless, here is a link gathered from many which discusses the delisting/relisting fiasco which began back in 2009.
It was during that period that I recall several significant stepping stones in the qualification process. I am reminded today that among those stepping stones are such items as minimum trading volume of 1.2 Mil in last 12 months, minimum market cap, minimum number of share holders, etc. Anyway, not to belabor the point; I'm sure ONVO has all those bases covered. I felt perhaps this process may not be as imediate as we might hope.
Sirius XM has regained the NASDAQ listing requirement ...
seekingalpha.com › 65551-sirius-xm-has-regained-the-nasdaq-listing-requirement
Apr 27, 2010 – Sirius XM Radio Inc. (NasdaqGS: SIRI) has regained the NASDAQ