Austrolib

Deep value, debt, biotech, gold
Austrolib
Deep value, debt, biotech, gold
Contributor since: 2012
I believe they will, considering that both drugs are already approved and these are just reformulations. I hear you on the PPS decline, but that's why when playing the microcap biotech game, you need to diversify, pick a few top choices, and only put in money you can afford to lose. Such is the nature of this kind of investing, but when you win, you win big. I own several small biotechs such that if one out of 10 succeeds I will still be way up.
Atossa is of course one of my picks. If it succeeds, losses will be more than recouped.
Thank you for pointing that out Doron. I will send in a correction. You're right, the error in the transcript led me to that mistake.
Economics is supply and demand. Not one or the other.
I don't think either will work very well. I recommend holding options on the VIX directly. It may be too late now considering what's happened already in the last 3 days.
55-60% off the top of my head.
Thanks Dave, appreciate it.
Well, then I guess the NREL is in on it then. Wouldn't be the first time government has lied to us, so maybe you're right. On the off chance that they're not in on it, I'll stay long.
Hunter, see my response to ivo above.
ivo -
No need to be rude. I never made any claim that anyone is shorting anything. Look through my comment again. I was responding to those claiming that people were shorting, and saying it doesn't matter.
The government is sponsoring it. Just because the company does not get direct funding doesn't mean the government isn't spending money on Solar Window. I never said the government is funding the company.
"On January 16, 2013, we entered into a modification to the CRADA for the purpose of extending the date pursuant to which NREL’s researchers will make use of our exclusive IP and NREL’s background IP."
The NREL's researchers are government funded researchers. You pay their salaries. They are currently codeveloping Solar Window with the company. Maybe the NREL is in on the hoax too, but I doubt it.
I see these comment battles on SA a lot about people supposedly commenting negatively because they are short the stock. For every short seller there is a buyer though. People see to forget that. Let people short what they want.
Look, Solar Window may be a hoax. But if so, then the government is in on it too, because they're sponsoring the thing through the NREL.
Now I'm no fan of government. Anyone who reads my blog knows that. But as stupid as government usually is, they're not that stupid as to back a total hoax.
I'd just say it's typical movement of a trial stage microcap biotech. These jitters don't mean much until an approval, all they do is give you better entry points.
Yes, return to commodity based money God willing.
Interesting. I didn't know they had different letters. What's the point of a monetary union then? There are no different dollars in the dollar zone.
It's a reverse merger I think. The Phase 2 has been ongoing since 2010 so I doubt they are footing the bill alone. The successful JUNO IPO may give them a bump soon.
Asbytec -
It's exactly the opposite. When banks lend to each other, the money supply raises even more. A bank takes $100 out of excess, loans $90 of it to bank B and keeps $10 as required reserve for that $100. M2 is now $190. But bank B can loan out $81 of that $90 to another bank and keep $9. M2 is now $271 from the original $100.
If, however, a bank loans $100 to a non bank, that entity takes the $100 and spends it, M2 stays at $100.
The banks can take out money from excess reserves at any time and loan it out. Nothing to do with the public and physical currency.
Economics professors tend to know the least about economics.
It worked in 1987.
I did not address excess reserves here. The Fed happens to buy bonds as the tool with which it prints money because the government is its boss and it helps the government most if the Fed buys bonds as opposed to, say, a couch. Federal Reserve member banks (all banks) can take those excess reserves out of the Fed at any time and they then become part of M1 or M2.
Velocity of money is a rough gauge of the demand to hold cash balances, aka the demand for money itself. The higher the velocity the lower the demand to hold money. The lower the demand for money, the higher the prices of other things in relation to money.
There is no function that can tell you have fast velocity changes relative to money supply. Humans are not machines. They don't work by equations. Velocity depends on the sum of individuals total choices about how much they want to hold cash balances. It changes all the time because human desires change all the time.
There is no possible way to time exactly the onset of a crash. You can't mathematically time anything in economics. All you can do is use logic to estimate probabilities. Anything beyond that is voodoo.
Logically, if money supply shrinks after a period of growth, prices must fall.
So logically, if money supply shrinks for a substantial period of time (what that period of time is seems to be 20 or more weeks, roughly, but is not necessarily so) then it is more probable that a crash will occur. That's all one can say.
Hi there -
I'll say three things. First, as you say, I am a real person. Yay for me.
Second, I have never been paid by anyone but Seekingalpha for the Seekingalpha articles I write. I am a professional financial writer, and I have columns on other sites which do pay me for my content. Site owners pay me for content. The companies I write about do not.
Third, I am long NWBO. I believe in their technology, and if and when DCVax-Direct succeeds for all solid tumors, you will have serious egg on your face from this article.
I will be penning an article in defence of myself and NWBO in response to this shortly.
vman -
I will ask you again. According to my knowledge, the CBOE has not made any options available on CCGI. There is no option chain available on the stock. I believe readers would appreciate you addressing that issue considering the content of your comments.
Vman -
There are no options available on CCGI. At least not in my brokerage account. What about yours?
John - thanks for commenting, appreciate your input. I noted as well in my piece that I do not think any takeover is imminent, but I feel there will be an offer a year or two from now if earnings keep rising the way they are. If the CEO rejects it as you say, that itself would catapult the shares in any case. We'll see what happens.
dgcannon -
They pulled their first profit last quarter. It's in the article. Here's the link again. http://yhoo.it/1hDqEup
Josh -
Appreciate your comment. My timeframe for a break out is whenever CNN picks up on LymPro like it did for the the Georgetown test. Somebody want to call them up?
On a more sustained basis, CLIA approval would be a good time for a break out sometime later this year.
And yes, I'm glad about Northwest. I'll take a look at ASCO as well. Thanks!f
Essential to making a profit is controlling costs, so what you're saying is a bit confused.
Unless, of course, the government mandates you buy something by law. Then costs don't matter at all.
dwdallam -
See my response to Dale. I am talking about getting rid of it all. It will happen when the government goes bankrupt, not before.
Dale -
You're certainly correct that the government permeates everything. A free market in insurance has been impossible since WWII. In order to achieve it, you'd not only have to repeal Obamacare. You'd have to get rid of medicare, medicaid, and any sort of state incentive for any kind of health insurance.
Getting rid of all that will be impossible, until the Federal government goes bankrupt and all the programs go bust. That'll happen eventually. When it does, the market will be freed.
As for Amarantus, I'm long for a reason.
Spot on. There is no reason to reveal price when a third party is paying. That's what makes costs keep going up. Increase insurance coverage, increase costs.
I appreciate your reasoned comment, but costs cannot come down when demand is mandated by government. Costs will not come down until government leaves the area completely in all aspects. Force cannot bring costs down. Only the market can.
This is my opinion. Feel free to disagree.