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  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    Dow down 6.66 today. Bad sign


    seems like a good sign...after the way the day started.
    81 is now off the air

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  • FenwayFaithful
    FenwayFaithful Posts: 8,626
    Trying to find a jump-in point on VXX
    "FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
  • Dow down 6.66 today. Bad sign

    Shit that's nothing. It came way back. Its treasuries I'm laughing at. Flight to safety. FB stocks a joke. Like Jesse Ventura being in politics. Kramer will have a shouting day today. ;)
  • Black Diamond
    Black Diamond Posts: 25,109
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  • Black Diamond
    Black Diamond Posts: 25,109
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  • UpSideDown
    UpSideDown Posts: 1,966
    Penny stocks is where I live.....biotech!
  • FenwayFaithful
    FenwayFaithful Posts: 8,626
    UpSideDown wrote:
    Penny stocks is where I live.....biotech!
    Got any favorites to share? I love researching small caps.
    "FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
  • FenwayFaithful
    FenwayFaithful Posts: 8,626
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    Brilliant. You ever met this guy BD? He's looking more and more like the poster child for moral hazard.
    "FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
  • Black Diamond
    Black Diamond Posts: 25,109
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    Brilliant. You ever met this guy BD? He's looking more and more like the poster child for moral hazard.
    I have... Very dissapointed... He really blew it.
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  • FenwayFaithful
    FenwayFaithful Posts: 8,626
    As soon as the news broke about the London whale in early April, I knew this wasn't going to end well. It makes people in our field who play by the rules look like idiots and rogue gunslingers with little regard for investor stability in the broader market.

    What I was amazed by in visiting firms when I was over in London in March was the clear lack of regulatory oversight and the ingrained gambling nature of the financial landscape over there. They love it, and we always give regulators the proverbial stink-eye, but things like this are often the result of the environment.
    "FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
  • UpSideDown
    UpSideDown Posts: 1,966
    UpSideDown wrote:
    Penny stocks is where I live.....biotech!
    Got any favorites to share? I love researching small caps.

    Advanced Cell Technology (ACTC)........great risk/reward ratio, especially at the current PPS. A tiny company that is beaten down on the OTC but showing amazing clinical results.

    Great place for research:
    http://investorstemcell.com/forum/forum.php
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    UpSideDown wrote:
    UpSideDown wrote:
    Penny stocks is where I live.....biotech!
    Got any favorites to share? I love researching small caps.

    Advanced Cell Technology (ACTC)........great risk/reward ratio, especially at the current PPS. A tiny company that is beaten down on the OTC but showing amazing clinical results.

    Great place for research:
    http://investorstemcell.com/forum/forum.php

    that is a speculative play if i've seen one. wow.
    81 is now off the air

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  • UpSideDown
    UpSideDown Posts: 1,966
    81 wrote:
    that is a speculative play if i've seen one. wow.

    Indeed, but that's what gets me excited.

    The company consists of less than 30 people and the market cap is currently hovering around $160m. The clinical trials they are running now address an estimated $30B unmet medical need.
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    UpSideDown wrote:
    81 wrote:
    that is a speculative play if i've seen one. wow.

    Indeed, but that's what gets me excited.

    The company consists of less than 30 people and the market cap is currently hovering around $160m. The clinical trials they are running now address an estimated $30B unmet medical need.

    i wish the best...and hope you make a nice return...but no way i touch a company like that.

    is yahoo right in saying the ceo made 1.1M last year?
    81 is now off the air

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  • Black Diamond
    Black Diamond Posts: 25,109
    81 wrote:
    UpSideDown wrote:
    81 wrote:
    that is a speculative play if i've seen one. wow.

    Indeed, but that's what gets me excited.

    The company consists of less than 30 people and the market cap is currently hovering around $160m. The clinical trials they are running now address an estimated $30B unmet medical need.

    i wish the best...and hope you make a nice return...but no way i touch a company like that.

    is yahoo right in saying the ceo made 1.1M last year?
    Is that all?
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  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    is yahoo right in saying the ceo made 1.1M last year?
    Is that all?[/quote]

    http://finance.yahoo.com/q/pr?s=ACTC.OB+Profile


    R&D was 10M
    SG&A was 11M

    and this guy took home 1.1M

    i'd have to do some digging to see how much was paid in comapny cash...err...stock...but still, huge red flag for me.
    81 is now off the air

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  • Black Diamond
    Black Diamond Posts: 25,109
    81 wrote:
    is yahoo right in saying the ceo made 1.1M last year?
    Is that all?

    http://finance.yahoo.com/q/pr?s=ACTC.OB+Profile


    R&D was 10M
    SG&A was 11M

    and this guy took home 1.1M

    i'd have to do some digging to see how much was paid in comapny cash...err...stock...but still, huge red flag for me.[/quote]
    Oh wow... I have made more than that for the company this month...
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  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    they also have 2.1B shares outstanding. plus a few preferred shares in two differnet classes.

    i guess you can buy thousands of shares for pennies and do this in several companies...as long as one or two hit, you can make some money.
    81 is now off the air

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  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276

    keep waiting. down into the 28's today.

    PE down to about 91

    need to put my 12.5 order back in.
    81 is now off the air

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  • FenwayFaithful
    FenwayFaithful Posts: 8,626
    81, FB might not even be worth 12.5

    I am loving this collapse. FB is dying a slow and painful death.
    "FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925