STOCK MARKET Thread

[iceburner]

XOMA is in danger of being delisted. They already got the notice in October.

[no_clue]

I heard about the delisting but didn't they appeal? which extends the deadline to april 16?
probably reverse split to get its share over $1?
XOMA's product, XOMA 052 is undergoing its second phase of the FDA thing, if it gets partnership or approval... $$$$$

this is just my rambling, Im pretty noob with penny stock healthcare

[iceburner]

Yup, they did appeal.

If you're willing to buy XOMA now be my guest. I'm not that big a risk taker =P

[Klobbersaurus]

Originally Posted by no_clue

Anyone here look at small pharmaceutical companies in the USA?
All of them are penny stocks, but when good news comes, they ROCKET up.
but also tank if there is bad news.

Im looking at XOMA/CTIC currently... so tempting lol.

im buying biotech stocks in the states, gotta do your DD tho, like you said, 1 good news and it can go up 50% but 1 bad news and your down 50%, try to buy a stock near fda approval date, its always good news if it gets approved but you gotta put a stop sell in place so you dont lose alot if fda doesnt approve it

[SiRV]

Haven't been in on the stock game for a while now so I thought I'd check what everyone was up to, to see whats hot right now. This list is of particular interest:


MOT
F
ATVI
BBI
NEXM

I'm thinking of buying into ATVI now as well with all the new games coming out very very soon so thanks for sharing =) One question about BBI though, do you think their drops could be due to the fact that a lot of people are now downloading all their movies instead of going to rent them?

[no_clue]

IMO I would stay away from BBI unless you are shorting. I think they are going to kick the bucket now as they are becoming obsolete, everyone can download it conveniently off the internet.

ATVI... hmm I don't know too much about video games but when modern warfare 2 came out, their stocks didn't go up too much when they listed their Q4 report. Look at electronic arts, they churn out more games but their shares plummeted. Who knows with starcraft 2 though?

What im holding currently is
AC.B
XOMA
C
FNM
ENT
LUV

Already lost 1% on XOMA, go penny biotech stock!

[iceburner]

Go go nintendo! XD

[biggyboy]

short the whole market

second collaspe is coming

not credit crisis but national debt and sovereign crisis with respect to devaluation of all currencies one by one... Canada will be hit hard by Canadian Govt raising interest rates at the wrong time, killing our economy

[wouwou]

^I agree as well, the charts look like a pullback too.

I have set a few tight stops on my positions.

As for BoC's interest rate hike, I am looking forward to the housing market crash

[Jackwimmer]

i think there's still some more room to go higher
THEN it will collapse

[no_clue]

I think Canada can pull through, the Euro is gonna tank though. Anyone here thinks that China's bubble will burst soon? if that happens, I think asia will crash hard. Short yen/won?

off-topic but yay air canada, 19% gain in two days
I forgot who was talking about this, but he/she was saying that after the olympics, condo prices in the lower mainland will fall, but ??

[wouwou]

^wait till the HST kicks in and BoC raise the interest rate.

it will fall like crap.

Short Yen for sure.

[Purely]

anyone in RVX or EFL? any thoughts?

[Klobbersaurus]

i had efl 2500@ .95 cents for about 6 months down about $400, i finally sold it to break even and it jumped, i think it will fall back down, it jumped up once before on news that the ontario government gave them 18m but not a big jump like this

i might buy some etle, they were awarded the 100mil grant from the US gov to make the charging infastructure for the electric vehicle charging system, they will probably be the company making charging systems for the rest of the world, they will be providing the charging system for the nissan leaf, could be a huge company in the next year or 2 when people start making more plug in electric cars

im currently holding
tvi
pmbs
pvct
cbai

[leilomo]

i'd keep an eye out for VVUS. theres a nice bullish pennant formation on the charts and its sitting right on support. add to that an increase in call buying. should be good for a little jump next week imo

[hchang]

I remember somebody already mentioning this, but i searched and couldn't find it.

But would this be a good time to purchase toyota stocks? Or do you guys think it will be going down more?

[no_clue]

you are a month late.
it fell down to $72 then, now its $80
i would wait to see their march report first

[hchang]

Good idea.

Thanks for your input!

[SiRV]

Hey guys, anyone have any tips on good natural resource companies?
So far in terms of that, I'm just holding on to Potash right now.. any other good ones?

[Klobbersaurus]

KCL
ELR
TVI
UUU

[Hollyshiit]

Any buddy playing NBG??

selling near 52 wk low, and below book value..

[hirevtuner]

sc.to a buying opportunity?
around 38?

[Hollyshiit]

^

you probably would need to ask urself, how much the ontario reform would hurt the top line and the bottom line in the future.

If ur a trader, maybe its not a good idea to catch a falling knife
but if u plan to hold for longer term, the valuations are looking attractive.

I will attach some of this companies "avg 5 year" valuation for you.


But thanks for the notification, will look into this company further because it does seem like an interesting story.

[Hollyshiit]

a shot at 10 year valuation on shoppers

[hirevtuner]

sc.to seems pretty good price to get in
it also pays a dividend 90 cents a year