My Stock Value Strategy Starts Now (2 Viewers)

[optionmaven]

Wow, what happened to when ACLS was at 1.7 and expected to go up higher? Now at .86

(RANT)Institutional shorting by a jackhole mm (or multiple is my guess) because he/they can. How can a company release good news 3 times in a few weeks and get slaughtered? Epic shakedown before reporting on the 6th?? I really thought 1.00 would be the floor with this after being threatened by nasdaq to be delisted if it didn't get above 1.00. I would think that the company would even do some insider buying to make this a certainty. Aggravated to say the least, but i have added to my position nonetheless. I will ####can it all (and take about a 2k hit) if it retreats back to where i bought in originally at .50.

 

[The Ref]

I feel like there is a heavyweight fight in the market right now. It's palpable.

The USD Index has tried to break though 76.5 twice now and the market wont let it get there. The USD can't get back to the short term low of 75.5 either. IMHO where this chart breaks will define the action for the rest of the year. Because of the bearish talk and the short term trend up for the USD I'm betting on USD up S&P down - but I'll feel better about said prediction when the 76.5 Rubicon gets crossed.

Perhaps of interest...http://www.ft.com/cms/s/0/9a5b3216-c70b-11...144feab49a.html

Seriously. We now live in a world where individual companies are irrelevant to investors. It's a monetary policy game now, and the stakes are very very high.

 

[David Dodds]

Some interesting info on PRGN earnings:

2nd Qtr, 2009 (July 30th) - PRGN close = $4.14, 3 days earlier high = 4.55

1st Qtr, 2009 (May 12th) - PRGN close = $3.70, 3 days earlier high = 5.00

4th Qtr, 2009 (March 13th) - PRGN close = $3.94, 3 days earlier high = 4.18

3rd Qtr, 2008 (Nov13th) - PRGN close = $4.81, 3 days earlier high = 6.56

3 business days before PRGN earnings would be Thursday, November 5th. I will likely sell my shares on that day regardless of price.

 

[george]

Some interesting info on PRGN earnings:2nd Qtr, 2009 (July 30th) - PRGN close = $4.14, 3 days earlier high = 4.551st Qtr, 2009 (May 12th) - PRGN close = $3.70, 3 days earlier high = 5.004th Qtr, 2009 (March 13th) - PRGN close = $3.94, 3 days earlier high = 4.183rd Qtr, 2008 (Nov13th) - PRGN close = $4.81, 3 days earlier high = 6.563 business days before PRGN earnings would be Thursday, November 5th. I will likely sell my shares on that day regardless of price.

 

[Sheriff Bart]

Some interesting info on PRGN earnings:2nd Qtr, 2009 (July 30th) - PRGN close = $4.14, 3 days earlier high = 4.551st Qtr, 2009 (May 12th) - PRGN close = $3.70, 3 days earlier high = 5.004th Qtr, 2009 (March 13th) - PRGN close = $3.94, 3 days earlier high = 4.183rd Qtr, 2008 (Nov13th) - PRGN close = $4.81, 3 days earlier high = 6.563 business days before PRGN earnings would be Thursday, November 5th. I will likely sell my shares on that day regardless of price.

Interesting. Are you going to short them?

 

[itriple]

Some interesting info on PRGN earnings:2nd Qtr, 2009 (July 30th) - PRGN close = $4.14, 3 days earlier high = 4.551st Qtr, 2009 (May 12th) - PRGN close = $3.70, 3 days earlier high = 5.004th Qtr, 2009 (March 13th) - PRGN close = $3.94, 3 days earlier high = 4.183rd Qtr, 2008 (Nov13th) - PRGN close = $4.81, 3 days earlier high = 6.563 business days before PRGN earnings would be Thursday, November 5th. I will likely sell my shares on that day regardless of price.

Dodds Im pretty sure you are looking at the wrong dates here.1st quarter: They announced May 19th. There stock price went from $4.74 to $5.91 and hit a high of $6.24 the day after announcment.I will never forget that day. I sold the day before. They annouced last quarter on 8/11/2009.

 

[Mose]

Some interesting info on PRGN earnings:2nd Qtr, 2009 (July 30th) - PRGN close = $4.14, 3 days earlier high = 4.551st Qtr, 2009 (May 12th) - PRGN close = $3.70, 3 days earlier high = 5.004th Qtr, 2009 (March 13th) - PRGN close = $3.94, 3 days earlier high = 4.183rd Qtr, 2008 (Nov13th) - PRGN close = $4.81, 3 days earlier high = 6.563 business days before PRGN earnings would be Thursday, November 5th. I will likely sell my shares on that day regardless of price.

weren't the 3rd and 4th quarter of 2008, at least, bad though?Good numbers are expected this go around. They have never had this much cash on hand. (or this many shares out though )

 

[Mose]

1st quarter: They announced May 19th. There stock price went from $4.74 to $5.91 and hit a high of $6.24 the day after announcment.I will never forget that day. I sold the day before. They annouced last quarter on 8/11/2009.

I remember that I held through that earnings and made out very well!

 

[Gadfly]

After my account went down $300 today despite the market being tentatively up, I'm thinking of just panicking and selling it all. I'm down 12 percent since the beginning of last week.

 

[Mose]

After my account went down $300 today despite the market being tentatively up, I'm thinking of just panicking and selling it all. I'm down 12 percent since the beginning of last week.

but that's what THEY want you to do.

 

[kaa]

This has been a really, really weird rebound in the market. It seems like its being driven by speculation. Usually the speculators are the last to jump at the end. This time, they are leading the charge. Normally it is a bearish sign. Its almost like the market is assuming we are going to get a rebound like we did after the Clinton dotcom bust, so they are jumping in.

This is a good read

http://www.nakedcapitalism.com/2009/11/rou...de-unwinds.html

 

[David Dodds]

Some interesting info on PRGN earnings:2nd Qtr, 2009 (July 30th) - PRGN close = $4.14, 3 days earlier high = 4.551st Qtr, 2009 (May 12th) - PRGN close = $3.70, 3 days earlier high = 5.004th Qtr, 2009 (March 13th) - PRGN close = $3.94, 3 days earlier high = 4.183rd Qtr, 2008 (Nov13th) - PRGN close = $4.81, 3 days earlier high = 6.563 business days before PRGN earnings would be Thursday, November 5th. I will likely sell my shares on that day regardless of price.

Dodds Im pretty sure you are looking at the wrong dates here.1st quarter: They announced May 19th. There stock price went from $4.74 to $5.91 and hit a high of $6.24 the day after announcment.I will never forget that day. I sold the day before. They annouced last quarter on 8/11/2009.

I got the dates from the presentations they posted on the website. But I remember the big move up after earnings too that one quarter. My plan is to sell this THursday and look to rebuy after earnings.

 

[Alias]

Market still seems extremely volatile

S&P & QQV over 3 months

 

[itriple]

I think Im gonna HEB

 

[Mose]

I got the dates from the presentations they posted on the website. But I remember the big move up after earnings too that one quarter. My plan is to sell this THursday and look to rebuy after earnings.

I think I'm going to do the opposite. I really don't see how this will drop with earnings, whilst being only around $4.00 going into it. So, I'll be holding through earnings, unless we get up to $5 before, then I'm selling!

 

[Mose]

I think Im gonna HEB

I just saw the news and the premarket drop. Ugh. This thing might go back to the 50 cent level from earlier this year.

 

[Gadfly]

And FUQI is going to open down another point. My account could be back to May levels by the end of the day.

 

[The Ref]

I can't see the USD Index yet - but all the overseas ETF's are 2% or > down. The USD must have spiked higher.

 

[Random]

I can't see the USD Index yet - but all the overseas ETF's are 2% or > down. The USD must have spiked higher.

USD 76.72 +0.50

kitco

 

[Gadfly]

How are these fed meetings likely to affect the market once they are over?

 

[Sheriff Bart]

Market still seems extremely volatile

S&P & QQV over 3 months

There are a lot of things to be concerend about IMO but the most alarming to me is that most of the companies that are beating earnings estimates have done so despite declining revenues. That means they were able to achieve profitablity by cutting costs & jobs. You can only do that for so long. If you don't have top line growth things will get bad really quick.

 

[The Ref]

I think Im gonna HEB

I just saw the news and the premarket drop. Ugh. This thing might go back to the 50 cent level from earlier this year.

Honestly I dont see how the CEO does not end up in Jail over this. What a scam artist.I have 500 shares at a "cost basis" of free but I can just imagine how I would feel if I had tons of money in that company.

 

[The Ref]

How are these fed meetings likely to affect the market once they are over?

If the words "higher interest rate" or "tightened money supply" or "inflation concerns" are uttered, it's look out below time for the market.

 

[itriple]

I just got some PRGN at $3.85

Dont ask me how. It spiked down for like 2 mins. Im pretty f-ing happy.

 

[Gadfly]

How are these fed meetings likely to affect the market once they are over?

If the words "higher interest rate" or "tightened money supply" or "inflation concerns" are uttered, it's look out below time for the market.

So that's the downside. Is there any upside? Can anything good come out of the meetings?

 

[Mose]

I just got some PRGN at $3.85Dont ask me how. It spiked down for like 2 mins. Im pretty f-ing happy.

 

[The Ref]

How are these fed meetings likely to affect the market once they are over?

If the words "higher interest rate" or "tightened money supply" or "inflation concerns" are uttered, it's look out below time for the market.

So that's the downside. Is there any upside? Can anything good come out of the meetings?

The strange thing is, this would be upside. Not the market in the short term, but best for us all in the end.

 

[Gadfly]

How are these fed meetings likely to affect the market once they are over?

If the words "higher interest rate" or "tightened money supply" or "inflation concerns" are uttered, it's look out below time for the market.

So that's the downside. Is there any upside? Can anything good come out of the meetings?

The strange thing is, this would be upside. Not the market in the short term, but best for us all in the end.

All I want to do is get out of all the trouble I've gotten myself into. By the end of the day, my account is probably going to be down from 36k to 31k since last Monday. If I could just get it back to 34k and get out of everything, I won't get in trouble like this again.

 

[Alias]

Patrick O'Hare at Briefing.com said the market was jittery after the British government said it would force state-rescued banks RBS and Lloyds Banking Group to sell assets in a massive shake-up of the banking sector and health care maker Johnson & Johnson said it was cutting seven to eight per cent of its global workforce in a restructuring. Billionaire investor Warren Buffett's full takeover offer for Burlington Northern Santa Fe railway, a deal worth 44 billion dollars including 10 billion of the railway's debt announced before the market open, helped improve sentiment, he said. Buffett called Berkshire's biggest acquisition "an all-in wager on the economic future of the United States." "Buffett's perspective has helped temper some of the negative thoughts this morning, but it has yet to turn the tide of sentiment altogether as Buffett himself couldn't put a finger on when the pickup in the US will be both robust and sustained," O'Hare said. The Fed is expected to hold its key rates at near-zero to help the economy recover from recession when it concludes a two-day meeting Wednesday. On Monday Wall Street stocks rose in hesitant trade after a surprise profit reported by Ford and a strong factory sector survey boosted sentiment after last week's selloff.

 

[Random]

Buffett called Berkshire's biggest acquisition "an all-in wager on the economic future of the United States

Buffett's losing his ####### mind.

 

[Random]

Gold just went vertical. $1074/oz

 

[The Ref]

Gold just went vertical. $1074/oz

If that holds... That's... that's... I can't explian how big that is.The USD is gaining ground and Gold is more expensive to buy? That would be a decoupling of enormous magnitude.

 

[Random]

Gold just went vertical. $1074/oz

:X If that holds... That's... that's... I can't explian how big that is.The USD is gaining ground and Gold is more expensive to buy? That would be a decoupling of enormous magnitude.

Exactly Hello $1200+ by year end.$1078/ozBTW - moved all my GLD to CEF last week. Feel much better holding CEF.

 

[Alias]

Gold just went vertical. $1074/oz

If that holds... That's... that's... I can't explian how big that is.

The USD is gaining ground and Gold is more expensive to buy? That would be a decoupling of enormous magnitude.

Exactly Hello $1200+ by year end.$1078/oz

BTW - moved all my GLD to CEF last week. Feel much better holding CEF.

:X DGP is a nice ETN for this too:

http://www.google.com/finance?q=NYSEGP

(altho I guess it is just a 2x GLD)

 

[David Dodds]

With the BDI up strong again, I plunged in strong here buying another 5,000 shares of PRGN at 3.95. I hope I am not walking into a big sucker's bet

 

[siffoin]

This is shaping up to be an interesting week...on the 4 etfs I'm focusing on.

SPY - SP500

USO - Oil

FXE- Euro

GLD- Gold

SPY and FXE are close to making major trend changes on a daily chart....while GLD and USO have recently started new trends.

Same kind of action as seen in June (though the trend flip got close to confirmation it never confirmed...and we all know what happened after that...TO THE MOON!)...so whether the trend actually flips or not remains to be seen. I'll update with charts later.

In the very short term...I'd think it more than possible that we remain in a relatively tight range until tomorrow afternoon. Though not my style I could see this vacillating between 103.50 and 104.50 on the SPY.

If that happens I can hear my mountain bike calling out...as it is an amazing Indian Summer day here.

 

[eoMMan]

HEB 1.07 -19.59%

 

[Sheriff Bart]

Gold just went vertical. $1074/oz

If that holds... That's... that's... I can't explian how big that is.

The USD is gaining ground and Gold is more expensive to buy? That would be a decoupling of enormous magnitude.

Exactly Hello $1200+ by year end.$1078/oz

BTW - moved all my GLD to CEF last week. Feel much better holding CEF.

DGP is a nice ETN for this too:

http://www.google.com/finance?q=NYSEGP

(altho I guess it is just a 2x GLD)

 

[siffoin]

Gold just went vertical. $1074/oz

If that holds... That's... that's... I can't explian how big that is.

The USD is gaining ground and Gold is more expensive to buy? That would be a decoupling of enormous magnitude.

Exactly Hello $1200+ by year end.$1078/oz

BTW - moved all my GLD to CEF last week. Feel much better holding CEF.

DGP is a nice ETN for this too:

http://www.google.com/finance?q=NYSEGP

(altho I guess it is just a 2x GLD)

Just a word of caution.Yes DGP is is a strong up-trend. The question is: is NOW the time to buy? I'd say "NO". And here is why. You want to catch in the earliest part of an established trend. Depending on your time-frame that price point is different.

But if I were looking at a daily chart I'd say the time to buy DGP was in early Sept around $22.

On a 60 minute chart your buy point was Oct 30th with the price around $24.40.

For every %pt the price moves above that entry...the risk associated with the trade increases. In either time-frame you have gains of 10%+ from the beginning of the trend...and though I may think the odds of DGP continuing to move up are extremely high...that's a big portion of the trend to give up regardless of time-frame.

That is why it is better to focus on a few stocks or etfs...so you have a feel for the rhythm of the price movement and you catch moves early.

 

[KGB]

HEB 1.07 -19.59%

I dumped at -14%. Shoulda never got back in. Did it on a whim. Stupid

 

[David Dodds]

Added 10,000 FREE at 1.19. RSI(5) = 8.96....LOL. EMA(12) = 1.43. This is a great bargain buy in my opinion. Hoping to make a quick 10 cents a share.

 

[Random]

Gold just went vertical. $1074/oz

If that holds... That's... that's... I can't explian how big that is.The USD is gaining ground and Gold is more expensive to buy? That would be a decoupling of enormous magnitude.

Exactly Hello $1200+ by year end.$1078/ozBTW - moved all my GLD to CEF last week. Feel much better holding CEF.

$1084

 

[Mose]

why is COIN up 13% right now?!?!?

 

[The Ref]

Gold just went vertical. $1074/oz

If that holds... That's... that's... I can't explian how big that is.The USD is gaining ground and Gold is more expensive to buy? That would be a decoupling of enormous magnitude.

Exactly Hello $1200+ by year end.$1078/ozBTW - moved all my GLD to CEF last week. Feel much better holding CEF.

$1084

Dont look now, silver wants to play too!

 

[Random]

No kidding. I believe I read that CEF is 60% gold and 40% silver. And its up more than both. I dont get that.

 

[Alias]

I hope the markets get back to even today; I have a small limit order for EEV (13.4) in play since this A.M.

 

[David Dodds]

and out of FREE at 1.29. Made my 10 cents a share for a $500 profit less $12 commission. Come on PRGN!

 

[Mose]

Added 10,000 FREE at 1.19. RSI(5) = 8.96....LOL. EMA(12) = 1.43. This is a great bargain buy in my opinion. Hoping to make a quick 10 cents a share.

and out of FREE at 1.29. Made my 10 cents a share for a $500 profit less $12 commission. Come on PRGN!

You made $1000, not $500.............

 

[itriple]

Bought some more PRGN at $3.95

Up to 10k shares. Dodds getting in is a huge plus.

Panamax BDI is up 40% in the last month. Id settle for a 20% gain in PRGN.

 

[parasaurolophus]

Bought some more PRGN at $3.95Up to 10k shares. Dodds getting in is a huge plus.Panamax BDI is up 40% in the last month. Id settle for a 20% gain in PRGN.

what is a realistic target for PRGN and by when?4.60? By friday?