I made more selling ammo this week than I did in siri!Quote:
Originally Posted by blackops
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I made more selling ammo this week than I did in siri!Quote:
Originally Posted by blackops
For you non gun guys...ammo is not a ticker :cheers:Quote:
Originally Posted by blackops
Hey Rad, I diverted to Market Watch per your suggestion, to leave only a minor suggestion to possibly help deal with the frustration of sudden price fluctuations. Take a look over there, then come back here if you have a comment. Frankly while SIRI is so dormant, I'm sure others don't mind and can possibly benefit from some of this OT discussion......... and I personally would rather stay on one board as much as possible.............. at least until SIRI gets exciting.
With YaQuote:
Originally Posted by siriusly_invested
Looks to me as though ONVO is taking its breather (consolidation break) around 4.96 to 5.01 or so. My wifey just looked over my shoulder, saw what it's doing, and told me to grab 2k shares for her. At first I placed her order at 4.80, then after noticing no dip below 4.96 for the past hour or so, I'm thinking that may be the floor for this consolidation phase. Given the signals mentioned prevoiously, I think (since it's her money), I'll move that entry point up near 4.96 (and hope to see it advance upward from there):thumbup:
Quote:
Originally Posted by siriusly_invested
I agree, I THINK $4.90-5.00 is a new "floor" after a very big runup. Always a chance those freakin MM's are still reeling us in for the "final" dump, but I think it is over. Still lots of swimgs in this one both ways. A great traders stock.
I have read on the Yahoo organovo message board some people think there will be a dilution announcement soon and that caused the drop. Other say classic pump and dump. All kinds of opinions of course. They are trying to get listed in the NASDAQ from the OTC, and this article nicely shows how they are cleaning up the balance sheet.
http://propthink.com/organovo-seeks-...its-model/4187
Excerpt from this biotech showcase article,
http://seekingalpha.com/article/1107...otech-showcase
Organovo (ONVO.PK) - Meeting with Keith Murphy . Kudos to Organovo for cleaning up its balance sheet at the end of 2012 through a stock warrant tender offer. I wrote back in December that the tender offer was designed to accomplish three key objectives: Clean up the balance sheet by removing the derivative liability; raise cash through the exchange of warrants; and seek an uplisting by moving the company toward qualifying under the minimum stockholder's equity and share price bid requirements. Prior to the tender, Organovo's stock was trading at around $2.15 per share and struggled every time it got near that $2.50 call ceiling from the company's bridge, investor and private warrants. Removing the warrant overhang has allowed the stock to freely trade above $2.50 per share. It stands at $3.25 as of the writing of this article. The key takeaway from my meeting with Keith was that Organovo remains squarely focused on building shareholder value and seeking an uplisting to the NASDAQ-CM. Moving to a national exchange could be huge for the stock in 2013.
FYI
OK, now I can relax about ONVO, the little biatch is settling down, and I now I have to think about Apple, my other big holding of my big three. Bought a ton at 485-490, rolling the dice for a good CC call today. Uh Oh, there goes my pulse and blood pressure again, this stuff is stressful! What a day!
February 5th before market open. To me that means probably a climb and a slam is due between now and then.Quote:
Originally Posted by blackops
It is always tricky depending on the time frame you look at whether siri rises into the conference call or simply "rises" out of a recent drop.
I like when you guys talk about other stocks you're gambling on....I Watched ONVO tic down from $5 to $4.15 made a quick look at the chart bought some at 4.25 and sold at 4.80 in less than 20 mins! Great country this is!
Congrats. It swings a lot, keep an eye on it, been very very very good to me
Yes, it has been an interesting ride today. After that $2+ plunge early this morning, opportunity to grab some relatively cheap shares, then watched as it seemed to consolidate around $5, thinking that might be the bottom for the day (and being too greedy by thinking a hold back to $6 would really be nice), I find myself holding a mere small paper gain as it is obvious th $5 level was not the bottom. I have faith however, that it'll rebound in the days ahead........... and provide opportunity to take some profit off the table.Quote:
Originally Posted by Sundeeez
RSI getting to oversold territory. I too think it will pop up again and hopefully be as ridiculously positive as it has been just about everyday of the last two weeks, EXCEPT for today. Healthy profit taking/consolidation.Quote:
Originally Posted by siriusly_invested
Quote:
Originally Posted by radejs
I don't know if closing down 22% on huge volume is healthy but I like swings for sure.
Rad, check your IM when you have a chance.
Well, got the SIRI close all wrong, I think someone else was much closer. Crappy day for me overall, now lets see if Apple can be a plus or complete the trifecta of loosers!
EDIT- Rev miss, profit beat, down 25 bucks AH .
Having a BAD DAY!
3.08 AH drop......so what do we see for tomorrow ? Low 3s? The AAPL call could dictate tomorrows macro action.
Well I had the $3.13 range right, been in that pergatory most of the day, missed the close tho. Ya can't win them all. Imo, we bounce soon, don't know by how much, but if I was guessing I would say $3.20 to $3.25ish, I'm looking for the bounce around $3.11. At the same time I don't expect FOMO to start til next week.
Sucks man!Quote:
Originally Posted by radejs
Weren't playing NFLX too? Hopefully you had some of that
I have a bunch of NFLX that is easing the pain of AAPL.
I dont understand where AAPL goes from here, the valuation already seems to low to me. Apparently the street is more concerned with flashy new products than sales, margins, and a shitload of cash.
Don't own AAPL personally but know some that do. Ahsan has a buy signal coming up in the 450-470 range. It has been hit AH and will probably gap down there at the open.....Quote:
Originally Posted by SiriusBuzz
http://stockcharts.com/public/122627...ook/165681876;