vicelord

Readers Ask: Antares, GenVec, Xoma,

Yeah - GREAT call on GVBP, dude! I wonder how many free shares you were given to post that bullshit. From now on, I'm going to short whichever stock you go long. I don't see how I can lose.

And, by the way, it would've been the decent thing to do to at least issue an apology on your GVBP call. Although I doubt ANYONE reads your stuff, so the risk that someone may've actually traded on your advice is minimal.

Keep up the bad work!

Keep Your Eye on GenVec - But Your Money Elsewhere

Actually, the 184th event is anticipated sometime in the 4th qtr. '09, and data from the phase III tests are due in 1st qtr. 2010. In the last three months, trading volume has been higher than it ever has during the entire life of the stock. Something is up. I don't think there's a stock out there with more upside potential than GNVC, while the downside risk is a few pennies (it traded around .72 for a few days in early September on very low volume.)

The stock could easily double on speculation/anticipation going into the 1st qtr. 2010. If it turns out the survival rates are in keeping with their previous results, there's no telling how high the stock could go. And, as it so happens, TNFerade is not the only thing they got going. They have a whole host of vaccines and other drugs in their pipeline.

I think it's THE best speculative play out there right now.

Peter Schiff vs. the Fed

I think it's hilarious how people continue continue to discount what Peter Schiff has to say. As if - even though they used to write him, and his "theories" off, and yet it turned out he was right all along - he's all of the sudden going to be wrong. A lot of his detractors like to say he's just pissed that he missed out on a 50% rally in US equities, forgetting that China has had a 100% rally since their lows back in November, and that he was saying even back then that China is where you're gonna want to put your money. So, with that in mind, if you had listened to him, you'd be up 50% more than you already are now (as long as you didn't listen to him too much and try and short the S&P back in April.

Why Another Stock Market Collapse Could Be Imminent

Another bit of insight - Consumer spending came in this week @ -1.2% annualized; TWICE the decline expected by the consensus,... and the S&P only dropped 3 points? Correct me if I'm wrong, but doesn't consumer spending account for 70% of the US economy? 3 points on the S&P? And they call this a "down day." They will say that bull markets are cruel and you'll miss the train waiting for a pullback. Or they'll try and pass THAT off as a "pullback", once the market goes on another 2 week tear. I don't even consider today a down day.

You want to hear crazy? We all saw what happened to AIG today, but I saw that coming, which is why I bought 3K shares a little under 13 a week ago. But you also had FRE and FNM, for God's sake, up 30%. TGIC, which is basically insolvent - as in: flat broke - was up 66% and closed at the high of the day. ABK, another miserable piece of shit company sitting on untold losses, was up 34%. BAC, with their now legal & Gov. sanctioned Enron-style accounting, was up another 7% today, making it 25% in the last 3 trading days. No one even really knows what's on their books, for fuck's sake. No one.

GGP, a bankrupt company, whose book consists of a slew of dead, empty malls they are underwater on, was up 22% today.

And this was all on what the paid shills @ CNGE call a "down day."

We are through the looking glass, for real.

Why Another Stock Market Collapse Could Be Imminent

And, one last thing - bear in mind that today was really unique in that the market dropped pretty substantially in the morning (about 100 points on the DOW and 10 or so on the S&P)... but the BANKS, the banks, for the 1st time that I can remember, continued to rally. THAT was strange. I think that right there might be a harbinger of things to come, because the whole basis for any recovery, real or imagined, has to start and end with the financials keeping their market cap from collapsing. It is a matter of national security. Seriously. So if these "entities" can keep the banks from tanking, while the rest of the market gets the correction that everyone is waiting on and hoping for, I believe they will. And you'll get your correction, such as it is.

I will now shut up.

Why Another Stock Market Collapse Could Be Imminent

I seriously need this question answered; it keeps me up at night. This is not a "natural" rally, with serious long term investors getting back in, or Mutual Funds and Pension Funds buying in - this is a manufactured rally being conducted by computers on laughably low volume. I am not some tin-foil hat wearing conspiracy theorist who thinks GS runs the world. But I firmly believe there is market manipulation of the worst kind going on, too many incidents to mention.

Let me put it this way - it used to be that there were "entities" that would conduct pump and dumps on various penny stocks, rotating from sector to sector... now you have it being done to the entire market. Only there hasn't been any dump, only pump.

And so but my question remains - what is it exactly that could cause another substantial drop in the market? Could it come from abroad? Like, say, China, for instance? A lot of people are speculating that China's 100% rally of the lows is a big bubble waiting to burst. So if China's economy, which everyone seems to be counting on to lead the globe out of this mess, magically, somehow, were to bust, then maybe we'd follow. But, other than something like that happening, I don't see why these "entities" can't just keep the party going. Or at least stop it from getting crashed by the cops.

Why Another Stock Market Collapse Could Be Imminent

The one thing that you're failing to take into account is the - how to put this? - blatant manipulation and propping up of the market being conducted in broad daylight through the Supplemental Liquidity Provider program being run by GS. Otherwise known as the Plunge Protection Team. There were no super computers in 1932; there was no High Frequency Trading; there were no Dark Pools and no bottomless barrel of dough at the Fed window for the likes of JPM, GS and BLK to pump taxpayer money into equities. $4 Trillion so far has bought us a 45-50% rally on the S&P (and counting.)

I have been grappling with this question for MONTHS now, after getting squashed like a bug in May trying to short too early. I, and I don't think ANYBODY, thought it would go this far. We've jumped about 135 points on the S&P in roughly 2 weeks without even a mild correction. So, with that in mind, the question remains - if they can get away with pumping the market up this far, who's to say they can't keep it up here? Or at lease forestall another plunge to the March lows or lower? It stands to reason that if, with all the computers doing the trading, and the average retail investor out of the game, and volume being what it is, they could get it up this far, they might just be able to keep it there. At least make it trade sideways for... years? Who knows?

I know it's ludicrous to buy at these prices. Every bit of data that comes out is either counter-intuitive to a bull market, or manipulated in such a way as to make it seem like a recovery is on the way. (Shit, today there was a piece in the Financial Times today about how Prime Loans in default or delinquency are up 13.8% from March - June, and this was from a study done by S&P itself. These are PRIME LOANS we're talking about. Up 13.8% during the same exact time we had a 40% market rally. But you didn't hear a peep about it on CNBC. Shocking, I know.)

They'll come out with some optimistic unemployment numbers one week, and the market will rally 2% on the news that day... and then a month later you get an upward revision on those same numbers pouring cold water all over any hope. Lather, rinse, repeat. Where does it stop? When does it end? Every word that CNBC says or puts into print should come with a disclaimer saying they are owned by GE. There are too many people with a vested interest in inflating another bubble. Even the NYT and the WSJ have to play it cool, lest they end up with their stocks trading on the pink sheets for pennies.

My question is can the powers that be that have run up the market from the March lows keep it from falling back down? Or is there a collapse coming that is inevitable and no one can stop, no matter how powerful their computers are or how much taxpayer money they have to play with?

I just don't know.

Vivus(VVUS) is in the driver's seat for obesity experiental drug

Oh, I see - you've been pimping VVUS for a while now. You must be stoked that ARNA got crushed in AH today with that offering. But listen, you'd come off as a lot more credible (you've obviously done your homework) if you'd leave that "we" shit alone. Stop pretending like you're some 20 man research team. You almost got me thinking of buying. Although I'm already holding OREX (just 'cause I like the chart - that shit has legs.)

Vivus(VVUS) is in the driver's seat for obesity experiental drug

Who's "we?" Did you think if you referred to yourself as "we" it'd carry more weight? (Excuse the pun.)

So you bought VVUS and you wish more people would buy it. Fair enough. But to try and lend some fake gravitas to the blog by trying to fool people into thinking that the review was written by some crack team of researchers and analysts - when in fact it's just plain old YOU - is just greasy.

Geron's Risk-Reward Profile - Best in Biotech?

I'll tell you what - thanks to irrational exuberance and greed, if GERN were to announce ANYTHING positive - as in a toe wiggling - such speculation would occur as to cause the stock to shoot to 20-30 overnight.

If It Looks Like a Bull, Walks Like a Bull, Acts Like a Bull…

I got one last thing to say on the subject - $592 trillion (that's TRILLION, folks) in unregulated derivatives are still lurking around out there in the shadows like something out of a horror movie, waiting to strike.

Bull market my ass.

If It Looks Like a Bull, Walks Like a Bull, Acts Like a Bull…

The question remains, though - how far are they willing to take this? At what point does a completely unreasonable forward looking P/E for the S&P become exactly that; completely unreasonable?

This whole "rally" is so far predicated on some fantasy that the banks can "earn their way out of this," or that the consumer is on its way to maxing out their credit cards again to buy iphones and cars and sham-wows and what have you, with oil marching back upwards and mortgage rates climbing,... while California on the brink of insolvency and unemployment where it is?

Whatever you say, dude.

And if you like to look at charts, maybe take a look at the $BIX... 'cause that one tells a completely different story.

If It Looks Like a Bull, Walks Like a Bull, Acts Like a Bull…

You need to start reading Zero Hedge. This ain't no bull market, my friend. There ain't even a name for what this is. This is the FED, JPM, GS, STT, and MS and who knows who else all acting in concert to artificially prop up both the broader indexes and the bond market, being pointed out in real time by Zero Hedge (the guy should be given a pulitzer for his work.)

And I'm cool with that, I'll go along for the ride. But, as Tyler Durden said, "Anyone who thinks that 50 years of over leveraging and easy credit can be undone less than 1 year after the LEH BK is either delusional or demented, or both."

Sequenom Splattered, EXACT Sciences on the Rise

Holy shit, you're onlypro4you, aren't you? The one who relentless spams the SQNM Yahoo board with the EXAS pumps?

Ha!

Why I'm Closing MasterCard and Sequenom

I was wondering the same thing, Stock Hunstsman. I bought in the other day @ 3.73 when the ruumor 1st got floated around. I would've sold it in pre when it went to 5.82, but like an idiot I bought using a cash account and I had to hold it for 3 days or I'd get a free ride restriction. So I watched it plummet all day the next day and was sick to my stomach for missing out on the profits and for buying in on what I KNEW was manipulation, and I felt like an idiot. Still do.

Well, tomorrow I can sell it if I want. But now I don't know if I want to. I keep watching the options volume and even the Sept. 7.50 calls are getting action. I can't even imagine the short interest on it now, after that fiasco. It must be stratospheric. So if it shot up like that on a rumor, can you imagine if there was real news?

The last line of the above article keeps haunting me, 'cause it's true....

I expect the stock to move ahead of the news available to the public when results start piling in internally - since the market (leaks) "knows all".