I don't expect much of a fade as I don't really envision there being a lot of profit-taking here with a lot of investors still upside down in the stock.

With that being said, it appears the price is purposely being held close to $2 due to options expiration today.

Kev

Haven't traded a biostock in a year, last time i traded AMRN was nearly 1.5-2 years ago.... BUT if price holds 1.8-2 and builds a base ... gonna yolo some FEB calls

Don't laugh but come come Jan I'll be picking up ARIA common stock or AMRN Feb Calls with my fresh 2014 TFSA money!

HIMX has rallied. Long!

"This is a chart that I teach people in the firm, which I call the Holy Grail of investing. [ He draws a diagram where the horizontal axis represents the number of investments and the vertical axis the
standard deviation.]
[He then draws a curve that slopes down from left to right—that is, the greater the number of assets, the lower the standard deviation.]
This chart shows how the volatility of the portfolio changes as you add assets. If you add assets that have a 0.60 correlation to the other assets,
the risk will go down by about 15 percent as you add more assets, but that’s about it, even if you add a thousand assets. If you run a long-only
equity portfolio, you can diversify to a thousand stocks and it will only reduce the risk by about 15 percent, since the average stock has about a
0.60 correlation to another stock. If, however, you’re combining assets that have an average of zero correlation, then by the time you diversify
to only 15 assets, you can cut the volatility by 80 percent. Therefore, by holding uncorrelated assets, I can improve my return/risk ratio by a
factor of five through diversification."

I think Ray Dalio knows what he's doing.

i am not challenging the principle of diversification but merely saying i only care about absolute return where fund mangers are scored on relative performance. i can sit on my ass for a long time and don't have churn my account just because sp500 went up 15% and i forced to make a trade.

I will support the none diversity portfolio for the average investor.

Sure having capital spread over various sectors and businesses allows you to spread the risk, but it also means you need to ACTUALLY SPEND THE TIME TO DO YOUR DD on all these sectors, businesses, competitors, etc... If you are just picking names from a hat or because you saw it on BNN... prepare to be molested by WS/MM.

For me or any other retail investor to have a good diversified portfolio you would need a lot of free time to actually do your research and keep up with news/events.

Out today at $1.93.

Kev

Goooood jooooorrrrrbbbbbb!

Me, I don't like making money, so I'll just hold on a little longer :s

Into ARIA at $6.71. From one roller coaster to another.

Kev

Just as soon as I posted that, it took out my ask. Out at $6.97.

Kev

what is the best or most affordable way to trade in the otcmarket?

AMRN looking good, might put in a small position because I haven't been to the casino in a while

Got ICPT when it was $49, 750 shares. Didn't sell yesterday, what a payoff

$49?!@!

Wow. Very very nice!
Posted via RS Mobile

So who's predicting Canada going into a recession this year? Today's job report stunk + high personal debts.

Not likely in 2014,... 2015 though.... well... I am going to make sure I have/maintain secure employment as I close out 2014, maybe it's time I apply with the NEB! Ride the govt. gravy train with the rest of the assholes.

Hoooooooooooooooooooooollyy!

Jumping up and down?
Where was our intel on this stock lol, kidding. :fullofwin: How'd you find out about the stock and what made you so confident in investing 40k?

Congrats, jelly.

I doubt this. The crappy #'s will help the dollar go down. Exports go up.
Precious metals goes up.
TSX and Venture rebound.
And Blaine/Bellingham lose business. :badpokerface:

Same question...$40k on this?

Damn...

Looks like the drug isn't FDA approved yet, would you short it back to $40? :fullofwin:

You go ahead and do that lol. It's definitely worth a try, 50 dollars to 418.00 is incredible.

Give it a couple more days for the momentum to fully die down, then start shorting. It'd start dropping.

But key is..... learn how long it takes for them to get approval to fast track....don't want to get caught in that. You'll get slaughtered.

I would def have pulled the pin on ITCP in the 400's, pull back seemed like a no brainer on that one, wonder how th short position wll look in a couple weeks.

Well I sure hope you sold by now lol..

From $49 to high of $488, and now back down to $252 :s

Sure $49 to $252 is a great return, but for those poor bastards that bought in the 400's lol... damn I should have taken a short position yesterday :(

Edit: Side note, my http://www.shiftplanning.com/ PP investment return over the last two years is 600% on paper, and my AMRN avg. is now around 4$/share, the beating in share price may have been a blessing or a curse, should find out in the next day or two :s. If AMRN pops I will be removing that money from the equity markets and dumping as much as possible into that PP as we head into the next round of raising capital. Diversity is so over rated :s

^ Just wanted to pop in and say good luck with AMRN tonight/tomorrow.

Couldn't stomach a ride on the roller coaster a second time around.

Took a small position in KNDI @ $13.27. Chinese electric car manufacturer offering the vehicles in a Zipcar like format (using a vending machine!):

Forbes Article on Kandi

With the level of pollution in China, I think this could be an interesting play. Has had a bit of a run up but it seems to be consolidating at 12-14.

Earnings are Feb 14 and December sales indicated a record month. May be worth a short-term play.

Kev