Boiler Room: The Official Stock Market Discussion
I wanna say, lesson learned. Took a major L on MCIG. @7oclock was pushing it long and strong a few months ago. Don't get me wrong, his intentions were good. Company had a nice balance sheet, real products (I even bought some), great PR including MSNBC appearance and celebrity sponsors, attractive share price, etc.
I made a damn nice return at first. Didn't take profits, just kept adding shares and thinking it was my golden ticket. Slowly but surely this sh1t has gone south. All of the potential it had evaporated. No action. Everybody complaining about how much management sucks. and my account has just been bleeding money until I finally decided to sell today.
Such a shame. Everything about this company looked good on paper, plus a lot of hype and big plans for the future. But I guess in the market things aren't always as they appear. Be safe out there brehs
I made a damn nice return at first. Didn't take profits, just kept adding shares and thinking it was my golden ticket. Slowly but surely this sh1t has gone south. All of the potential it had evaporated. No action. Everybody complaining about how much management sucks. and my account has just been bleeding money until I finally decided to sell today.
Such a shame. Everything about this company looked good on paper, plus a lot of hype and big plans for the future. But I guess in the market things aren't always as they appear. Be safe out there brehs
@Brady Hoke's Artery u still supportive of CERE? I looked at it today (basically bought and havent even checked in a while), down about 10 percent from when i jumped in.
Still in. No reason to be where it's at... probably typical Wall Street manipulation driving every least weak retail hand out.
When you're trading 10 cents below cash, have minimal debt, a negative enterprise value
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side note:
http://blogs.cfainstitute.org/insid...ve-enterprise-value-stocks-money-for-nothing/
I found 2,613 stocks that at one point or another traded at a negative enterprise value between 1972 and 2012 (Microsoft, unfortunately, was not among them). The list has one entry per stock-month. That is, a stock that has traded at a negative enterprise value three months in a row will appear on the list three times. Each time is a different investment opportunity with its own forward 12-month return. The average stock spent 10.17 months (not necessarily consecutive) in negative EV territory. Thus, the list shows a total of 26,569 opportunities to invest in negative EV stocks.
The average return across all 26,569 opportunities was 50.4%. That is, if you had diligently watched the market over the last 40 years and invested $1,000 into each negative EV stock each month, your average investment would be worth $1,504 after holding that investment forone year, not including trading costs, taxes, and so on. Not bad!
)
good institutional support, tons of patents, relationship with Monsanto, selling genome browsers to the likes of Bayer and Syngenta (Persephone will generate more cash as it's licensed more) and continue to produce increasingly positive yield results, while the stock price goes down... you can probably bet there's some manipulation.
It touched $0.50 in early May, but was too brief. Looks like a bottom is finally forming around $0.53. If it moves much further down, will be interesting to see what happens technically. If it holds a little longer, I'm buying more.
I knew when I invested it was going to zero or I'm going to bank... I'll go down with the ship.
This will get bought before going to zero though, IMO.
The problem is... these are good scientists and bad businessmen. They need businessmen.
They don't do shyt to pump the price. No insider buying. No constant release of positive news. They are doing big things in Brazil, but you'd never know.
ADevilYouKhow
Rhyme Reason
that after hours
Domingo Halliburton
Handmade in USA
Domingo Halliburton
Handmade in USA
GPRO coming back down to earth?
it doesnt even make sense.
I know Home Depot and Amazon are big...but so are Ford, McDonalds, Fox, Priceline and Disney
It doesnt make any sense why its up so much
edit: then again Lowes, Nike and Starbucks are up too
I know Home Depot and Amazon are big...but so are Ford, McDonalds, Fox, Priceline and Disney
It doesnt make any sense why its up so much
edit: then again Lowes, Nike and Starbucks are up too
Oil stocks
everything is freefalling but GWATDAMN
. XLE down almost 2%. Whats causing this? Some Syria / ISIS news or some shyt?Consumer Discretionary is the only market up at this point
everything is freefalling but GWATDAMN
Consumer Discretionary is the only market up at this point
Oversupply + weak demand = negative global news not moving the price up.
Stock I'm in has dropped from mid 23s to low 17s in 2 months.
Futuristic Eskimo
All Star
You were setting yourself up for failure if you stuck with crude over the summer. Wait until the Saudis cut production to defend price levels and we will see some real upward movement in American energy stocks. Still a good long-term investment IMO.