***Official*** 2010 Stock Market Thread

[SunnyD]

Feel like GNVC has gone up too much, too fast. Sold out at $2.54. I think the first time I made a 50% realized profit...

I'm wishing I bought more. Holding onto it, I think at least as long as the Novartis deal isn't in jeopardy (a while before the clinicals start on that), I don't see it going down very much. And if current and future trials go well, there's no reason for it not to keep going up.

 

[Blueychan]

Curious how many shares do you guys have in GNVC(if you don't mind disclosing it).

 

[wpd7]

Got 2000 GNVC, sold half today rendering the other half free shares.

Sold at the high (so far) for today @ 2.69. I also did the same for PARD @ 2.49 (sold half, although it didn't cover the cost of the other half).

I wished I had more $$ into GNVC, it surely did perform! Unfortunately, all my funds were pretty tied up when I bought and that was the most I could swing at the time.

I'm thinking global trading will start picking up this year and stocking up on FREE, OCNF, and DRYS. I feel that these 3 has been beaten up a bit too much for little reason.

EDIT: Too quick on the draw with PARD methinks... =(

 

[Cal166]

SOMX round II?

 

[wpd7]

Don't you mean SOMX round III?

 

[richardycc]

just sold another 5000 shares GNVC at $2.73, not sure if I want to buy back in today, as this would be my 2nd same day roundtrip this week from this account. I definitely don't need to be labeled as daytrader, plus this is from my IRA account, so they might shut off my account for 3months. I might wait until monday, but what if they have BIG news this weekend?

 

[wpd7]

Richard, what is your target buyback price for GNVC?

Looks like they are hovering in the high 2.6x range. I don't see too many swings to make it useful to buy back.

 

[Slew Foot]

I thinking of selling off some of my GNVC (bought them at 96 cents). That whole thing about hogs and pigs you know.

 

[apac]

Ughh what the hell is with the market this week. My CSCO stocks were at 25 a week ago and today they've dropped to 23.5, when all they've reported is good news and all the experts point to forward momentum .

Long term it probably means nothing but I was planning to sell them soon for the down payment on a house.

edit: /rant

 

[richardycc]

Richard, what is your target buyback price for GNVC?

Looks like they are hovering in the high 2.6x range. I don't see too many swings to make it useful to buy back.

I'd buy them back now if it wasn't for the daytrading BS...so I will wait and buyback Monday, hopefully they won't be more than $2.73.

 

[hofan41]

Been lurking here a long time, so far the results of lurking have been:

6200 shares of GNVC @ 1.88 last week
2200 shares of RMBS @ 18 since i started reading this thread

richard and Azurik are GODS!

 

[Cal166]

Nice, Almost broke the $3 mark.

"In the 24 patients receiving TNFerade in combination with chemoradiation, the median survival was 47.7 months. Median survival from other historical clinical trials in similar stage disease ranged from 9.7 to 34 months."

 

[Cal166]

Spoke too soon, just broke the $3 mark. Time to meet the target of $4.

 

[richardycc]

Holy sh!t

 

[IEC]

Holy sh!t

Damn, I missed out on potentially hitting my first 100% stock.

 

[Cal166]

Holy sh!t

Yay! richardycc is da man!

 

[richardycc]

Esophageal Cancer news just as expected.

http://finance.yahoo.com/news/Data-from-TNFeradeTM-prnews-803207531.html?x=0&.v=1

 

[Blueychan]

Man I sold at 2.69 .

I can't buy back in now right? It has to dip abit after a day like this right(if there's any news)?

 

[SunnyD]

Ughh what the hell is with the market this week. My CSCO stocks were at 25 a week ago and today they've dropped to 23.5, when all they've reported is good news and all the experts point to forward momentum .

Long term it probably means nothing but I was planning to sell them soon for the down payment on a house.

edit: /rant

US Economic news, particular labor reports came out dismal the other day. Pretty much everything other than exceptional news for a company (re: GNVC) won't stop the slide until something puts legs under the economy as a whole.

 

[Slew Foot]

300% gain on GNVC!

Sorry Azurik, Richardcc has taken over as the single best pick so far. Unless the ITC comes out favorable tonight, the you win!

 

[wpd7]

You and me both Bluey. I still have 1000 I'm holding till $4 =P

 

[eLiu]

300% gain on GNVC!

Sorry Azurik, Richardcc has taken over as the single best pick so far. Unless the ITC comes out favorable tonight, the you win!

uh, richardcc suggested HGSI when it was at most in the low 3's. That has gone as high as like 32 or 33... so I'd say that beats the pants off of GNVC. IIRC Azurik was also on the DNDN train, which again beats GNVC.

Of course, that may all change in the coming months. I disagreed w/the GNVC call & missed it, but congrats to those who got on board!

 

[Slew Foot]

uh, richardcc suggested HGSI when it was at most in the low 3's. That has gone as high as like 32 or 33... so I'd say that beats the pants off of GNVC. IIRC Azurik was also on the DNDN train, which again beats GNVC.

Of course, that may all change in the coming months. I disagreed w/the GNVC call & missed it, but congrats to those who got on board!

I remember DNDN from 12->25 or so, I missed out on HGSI, I was going to buy it and then forgot, oops.

 

[richardycc]

I think I am up $25k+ just from GNVC this week.

 

[IHateMyJob2004]

George Risk Industries is a NCAV play:
http://www.gurufocus.com/news.php?id=82322

The thing is, it is free cash flow positive and actually doing quite well even in these bad times. Read the 10-K to know more about the company and what it does.