Boiler Room: The Official Stock Market Discussion

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I saw EXEL down 50% and I thought it was Exelon Energy but it's some company called Exelixis.

This is the danger in investing in biotechs. $400MM gone in 10 minutes in early trading.

I'm one of the victims. Just lost over a G. :snoop: Checked my port this morning like wtf? :wtf: Luckily I had sold a G out of the 4+ I had invested two weeks ago or it'd have been worse. I'm bout to minimize my biotech interests after this shyt cause yea they're too risky.
I got NO fukking luck brehs
 
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无名的

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did you buy last time?

No.... wanted to give it more time to develop on the charts. Hard to get a good read at first when it IPOs. Always knew the fundamentals were off, but wanted to let the irrational exuberance play out more. Consensus price target shows 6.05% downside right now. Way overbought. MACD off the charts. Momentum bullshyt one trick pony stock that's fundamentally worth dogshyt.

:ohhh:

But I don't even know if I'll buy puts actually.... even deep out of the money puts are pricy.
 

Ohene

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No.... wanted to give it more time to develop on the charts. Hard to get a good read at first when it IPOs. Always knew the fundamentals were off, but wanted to let the irrational exuberance play out more. Consensus price target shows 6.05% downside right now. Way overbought. MACD off the charts. Momentum bullshyt one trick pony stock that's fundamentally worth dogshyt.

:ohhh:

But I don't even know if I'll buy puts actually.... even deep out of the money puts are pricy.
too pricy. and with the momentum its hard to determine where it might go in the next two months/.
if we wait for the volatility to fall down we could make a hit though

this is one of those what goes up must come down stocks ala twitter :ehh:
 

Domingo Halliburton

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dead cat bounce play?


naw man, these companies are all dependent on what the FDA says (and they don't move fast especially with drugs). They have to go back to the drawing board it failed its phase 3. Keep an eye maybe in a couple years but I see it trading at these levels for the foreseeable future.


Edit: I said it a couple pages ago but if you like this space, check out Relypsa and Arrowhead Research.
 

Ohene

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every fukking time the SPY bounces off 199.8 and my stubborn ass holds :bryan: :bryan: :bryan:

3 weeks left but this is looking like a losing trade
 
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无名的

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WTSL replacing CEO with their old CEO who is coming back from a firm that specializes in management buyouts, acquisition financing, recapitalizations, and growth capital investments, and previously expressed interest in buying Wet Seal.

:mjpls:
 

Ohene

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might be a splendid time to buy puts on CBS :patrice:
WIll do it when the SPY hits 200 and starts to retreat. I'm thinking next Friday
286t8x.png
extremely bullish day and CBS still wont budge. This shyt is heading back into the mid 50s (deservedly so) by mid september probably. unless some good news comes outta nowhere.
shouldve followed through :(. August 25 was when the spy first touched 200 and that was when the CBS sell off occurred :whew:
 

Big Jo

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I'm hoping you didn't since the stock was halted after the bell and up until a little bit ago.

Conducting a rights offering to raise more money.

Not a good look. Stock down in the .70s now. Good thing I cut out.

:merchant:

Damn, buying 1000 shares and it dropping 20% the next day, thats an L. I've felt that pain many a time @jdubnyce

having said that..

is now the time to buy :patrice:

they report earnings in a week, even if they had a decent quarter it could be back over 90 cents i would think. hell, just buying those 70 cent shares a few minutes ago, you could sell them right now and it'd be a decent flip
 
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