[M5Rlz]

Originally Posted by mact3333

Loaded the boat on AMAVF at 28.00 also...but riskier now at 35-ish

Yeah I only did 4k of that @ 28 and dumped it around there

[ScarecrowBoat]

Originally Posted by mact3333

I know the product and company well...you are wrong...worst run company in history...product way too expensive and doesn't work great...trust me on this one, when FDA rejected Provenge first time around cost me almost 7 figures.

First company in 30 years to get rejected by FDA after getting approval by advisory panel.

Most manipulated company ever too.

But downside risk is low at 3.00 though.

It is the only prostate cancer drug that has no side effects. I also know the company well, and it (was) a very poorly ran company. It has some potential left, and you are right that the manipulation is shocking.

[mact3333]

Originally Posted by ScarecrowBoat

It is the only prostate cancer drug that has no side effects. I also know the company well, and it (was) a very poorly ran company. It has some potential left, and you are right that the manipulation is shocking.

Yes the original phase III data got to the golden p value of .05 ...but median survival was improved by 3-4 months if I recall...it extends life modestly but at a huge cost(dollar wise)...at first CEO Mitch Gold(Mr Incompetence) didn't realize that oncologists and urologists wouldn't front the 50-100K for pts only to have their insurance co's deny the claims hence eating this cost.

But bottom line is this, since Zytiga took off, Provenge has been an after thought.

I will grant you that it doesn't have much for side effects though...fevers and chills ok.

Medicine is changing and the days of paying 150K to extend life by 3 months on avg is over now...just like the heyday for physicians is over...physicians will all be employees within the next decade.

I rode many many shares from 4.00 up to 35 and then dumped it all at 7.50...I left that stock and never looked back cause of the manipulation...sure it went to 50(and now at 3.00 due to poor sales and lack of execution) when it finally got FDA approval but I wasn't willing to wait another 3 years when I already waited 3 years.

I think their technology could work if they find specific antigens on certain cancer cells but I don't think it will ever cure patients that in general are considered incurable...extend life modestly, yes.

On sidenote, after the advisory panel said yes I was a very happy man just put it that way...but I have been in this game long enough to not trust the FDA situation so I was ready to buy a crapload of hedged puts a few weeks before the FDA decision but 10 days before the decision date the FDA did a preemptive strike and rejected Provenge like 2 weeks before they were set to announce the decision hence I got screwed...more manipulation!

Do I sound abit bitter?...

[F1Venom]

Any clues as to what caused the AAPL spike ten minutes before the close?

[wakeboarder109]

Originally Posted by mact3333

so, anyone have the patience on SGLB?...you guys should have stuck with this one...said yes at 0.12 many many times...0.16 now...its a penny stock so size appropriately, as its gambling..but good gambling.

Loaded the boat on AMAVF at 28.00 also...but riskier now at 35-ish

Still holding SGLB. At .175 this morning. Mact, would you continue to hold?

[mact3333]

Originally Posted by F1Venom

Any clues as to what caused the AAPL spike ten minutes before the close?

clue is the action on NFLX today...

[F1Venom]

Originally Posted by mact3333

clue is the action on NFLX today...

Yeah, I see it's down over 6%. But they're not really correlated are they? Also AAPL's strength today was admirable, I wouldn't be surprised if it goes on a strong rally for several weeks.

[mact3333]

Apple and Comcast trying to partner up fir content, hence nflx getting abused

[rallysport]

Just an observation from me, but my parents just called me asking if they should get back in to the market now since its so strong and wont go down. For me that's the sign I might need to start exiting what little I am still holding.

[F1Venom]

Originally Posted by rallysport

Just an observation from me, but my parents just called me asking if they should get back in to the market now since its so strong and wont go down. For me that's the sign I might need to start exiting what little I am still holding.

Ha, probably. I've had a pretty crappy week. I sold my Apple calls for a big loss today. Something like down 40% but considering I could've lost 100% I'll take it.

[NemesisX]

What do you guys think about twitter right now?

[PSUSMU]

Originally Posted by NemesisX

What do you guys think about twitter right now?

TWTR is definitely not going away anytime soon, but I still don't see them becoming profitable and worthy of their valuation.
I'm like 60% cash now. My biggest long, BAC, is down like 5% off its high. Sort of wish I had a sell limit at $18, but I still think we'll see $19 this year.

Originally Posted by PSUSMU

Realistically VJET is the scammiest of the 3D sector.. I think if they don't exceed expectations at Feb ER, it's gonna crash. My gut feeling is they're only gonna have sold a few printers and it'll be game over for share price.

Called it back in January. I hope everyone pumped and dumped it.

[mact3333]

TWTR a lot less risky now than it was 2 months ago...overhead resistance near 55....if mkts bounce TWTR could bounce too.

LOL at VJET critique...havent you figured out that there are no good or bad stocks...all stocks are at some point are good and bad...its all timing based...when charts say they go up they are good!......where were the critiques when VJET was going from 32-65 in a month?.

I agree with guy above when sidelined mom and pop start to enter the markets, its one step towards the end...I have been saying this for 2 years now when I said we will make new all time highs....told you guys what to look for when bear nears.

Many 3D's are broken now...but it doesn't mean they won't bounce significantly...3D's breaking down is just another step towards the inevitable.

[mact3333]

SGLB anyone?......so so many winners and one loser(frikking BBRY)...

[fatpanda]

Originally Posted by mact3333

TWTR a lot less risky now than it was 2 months ago...overhead resistance near 55....if mkts bounce TWTR could bounce too.

long Twtr, long selective commods like corn, ura, pall.

[Razzy]

Haven't hit the S&P 1900 ceiling yet

[128Convertibleguy]

What do people think about the latest on the companies that use supercomputers to do "high speed trading"?

Wall Street Journal article about FBI investigation.

http://online.wsj.com/news/articles/...73874181722310

Book.

http://blogs.wsj.com/moneybeat/2014/...ket-is-rigged/

I had a bad feeling about the market about 15 years ago, and pulled every dime out. Much of it went into the then new "inflation indexed bonds", which gave me a very decent return. Although not so much lately, as worries about inflation have all but disappeared.

Whether or not you think that was a good move depends on whether or not you think the 16K Dow is real or a bubble. But I know I slept better once I was out.

[gatorfast]

Originally Posted by 128Convertibleguy

Whether or not you think that was a good move depends on whether or not you think the 16K Dow is real or a bubble. But I know I slept better once I was out.

Everyone will always think the market is a bubble. 16k is very real as that is where it is right now Sounds like you are very risk adverse and are content with mild returns in safer investment options. But you missed out on a raging bull market for the last 5 years going...

[128Convertibleguy]

Originally Posted by gatorfast

Sounds like you are very risk adverse and are content with mild returns in safer investment options. But you missed out on a raging bull market for the last 5 years going...

And before that I missed two crashes. The last of which wiped out 50% of the value in the market in less than a year.

The Dow gained about 42% in the last 15 years. A little over 2.5%/year computed simply, a little under 2.5% compounded. My inflation indexed bonds did better.

I'll concede I'm risk averse, but I have a reason. The retired guy had enough to buy the BMW 1-series. If I invested now maybe I could have a new M. Or I could be driving a beat up Toyota Corolla. I'll take the 128.

OTOH, I did well in the market before I got out. The previous 15 years were strong, relatively uninterrupted growth. If I was a young man today, I'd probably be there now.

[NemesisX]

Originally Posted by 128Convertibleguy

And before that I missed two crashes. The last of which wiped out 50% of the value in the market in less than a year.

The Dow gained about 42% in the last 15 years. A little over 2.5%/year computed simply, a little under 2.5% compounded. My inflation indexed bonds did better.

I'll concede I'm risk averse, but I have a reason. The retired guy had enough to buy the BMW 1-series. If I invested now maybe I could have a new M. Or I could be driving a beat up Toyota Corolla. I'll take the 128.

OTOH, I did well in the market before I got out. The previous 15 years were strong, relatively uninterrupted growth. If I was a young man today, I'd probably be there now.

It's understandable. My dad lived through 2 stock market crashes (2000 and 2008). He rode the bull till about mid 1700 for S&P500 and now he's sitting on a boatload of cash waiting for the market to crash again. He did enter the workforce at the heels of "black monday" (1987) so he started investing at a great time.

He's also kind of close to retirement age (57). The only good thing is that his liquid net worth is high enough such that a conservative 2% withdrawal would cover his annual expenses with a cushion of about 1.5x to 2x not including social security or pension so he can afford to be conservative.

I'll probably play it the same way. I'll play the market long sticking mostly to low or no load index funds but I might be a bit more risk averse when I hit my 50s.

[NemesisX]

So practically speaking for the typical investor what disadvantage (if any) is there with buying google's new class C shares?

[deeLow]

I'm itching to get in and have been for a few years now. All these words you guys are saying have got me over here like