R. Ennis

Ariad Pharmaceuticals: Advancing in Front of Phase 3 Interim Results

Oh, I'm fine don't worry about me. I'm sincerely asking you what the near term catalyst is? Is phase III preliminary data still any day?


On Jul 31 01:02 PM Justin M. Hall wrote:

> R. Ennis:
>
> You should consider listening to the conference call. Merck did
> not back out on the collaboration with ARIA. You are misrepresenting
> the facts. One phase 2 trial out of four was discontinued due to
> the combination of drugs selected for the trial. That's hardly backing
> out on the deal.
>
> As I said earlier this week, ARIA is a speculative play. Maybe this
> sort of investing is NOT for you. Based on your reaction, you might
> consider talking with a financial advisor. It appears you may need
> one.
>
> I do wish the best.
>
> Justin

Ariad Pharmaceuticals: Advancing in Front of Phase 3 Interim Results

What now Justin? Merck backing out of deal, is there still a near term catalyst? I don't see one.

I'm holding options that expire in Aug. have a feeling they are worthless....


On Jul 31 03:03 AM Justin M. Hall wrote:

> Rumi Frost:
>
> Thank you for the question.
>
> Regarding the ARIA's price, it is very difficult to determine what
> the price will be following a catalyst.
>
> I do share the belief that an interim analysis of Phase 3 data for
> a potentially [very] effective cancer drug is a significant catalyst,
> one that investors would likely reward nicely.
>
> Because ARIA has a term-friendly collaboration with MRK, most investors
> could foresee the possibility of an acquisition. It is worth noting
> that MRK appears on Mike Harvilla's Big Pharma Patent Exposure Index(seekingalpha.com/symbol/c)
> at biomedreports.com. This means, MRK may need to expand
> their pipeline as some of their existing drugs are nearing patent
> expiration. With positive data, deforolimus would certainly make
> an excellent addition to MRK's cancer drug portfolio.
>
> While I did not provide you with a specific price, I hope the response
> provided is helpful. Thank you again for the question.
>
> Good luck!
>
> Justin

FAS and FAZ: A Short-Seller's Dream?

What??? the??? hell??? are you talking about??? The markets have been ripping, 40% buddy...FAS is still a piece of crap....


On Jun 12 06:00 PM joethebull wrote:

> The key point of emphasis in your post is that these ETFs both drift
> towards zero *in volatile markets.*
>
> You'll note that during the tremendous plunge downward to the November
> lows that FAZ provided huge returns. If there is any sort of sustained
> trend of consecutive up or down days in the financial markets, the
> respective ETF will explode. If there is any kind of choppiness
> in the financial sector, only day trading is recommended.
>
> That being the case, as you correctly said, investors should only
> short these ETFs during a volatile market. There are arguments to
> made that we may see a sustained downtrend in the upcoming months,
> however, and thus it is likely not wise to go short on the FAZ (it
> is already quite low, regardless).

Apollo Group Inc. – Profit from a ‘For Profit’

I am currently short APOL. Not only is this company potentially breaking the law with aggressive recruiting policies, it's going to struggle as student default rates soar: online.wsj.com/article...

Other than Cramer recently downgrading APOL, this is a pretty good short opportunity. I'd recommend looking at the chart before you step into this firestorm. Not exactly screaming buy me. It's 2009 you need to buy off technicals now, not fundamentals. Oh, and fundamentally this stock is screwed as is the company!

Expecting the 'Better than Expected' from GE, Google and JPMorgan

Hey Trader Mark,

Yep, bear markets generally kill all involved. I'm getting the feeling that it is time to start shorting....especially as some of my favorite bears capitulate. I'll be all in short by Friday.

regards,
r.ennis

Four Blemishes and a Complication in Apollo's Future

Hello Kris,

Thank you for your article. I too am short APOL via puts. I feel this company is taking advantage of less fortunate people by selling them what tend to be utterly worthless degrees. It smells like a sham.

One thing I have learned in life, generally where there is smoke, there is fire. APOL is smoking like a grateful dead concert....

regards,
r.ennis


On Apr 08 02:48 PM Kris Tuttle wrote:

> We actually earned quite a bit from our short position in Apollo
> and continue to enjoy returns from a smaller one as the stock declines
> further.
>
> There's no malice intended here. We've spent time and effort to
> evaluate a situation and felt that we had enough conviction to share
> the analysis with others and even take a position of our own.
>
> More broadly we have always found that taking a position, long or
> short, based on your research sharpens your thinking and also helps
> you understand how investors experience and view your work.
>
> We're actually not "short sellers" although we do sometimes short
> stocks. Most of our portfolio tends to be on the long side. However
> over the years we felt that this was like using only one arm instead
> of two and our returns could be enhanced by having short positions.
> It has in fact worked out that way and also serves to buffer us from
> market gyrations which we have no visibility on.
>
> Hope that helps provide some context for our work and postings.<br/>
>

Sucker's Rally Approaching an End

Sucker's rally? It was a 25% trading opportunity. I'll take that kind of action every 5 weeks.

I think the only sucker is you!

We're Not Buying This Rally

We're not buying this rally? You got a mouse in your pocket!!! ha ha....

Too bad, I've been buying the crap out of this rally!!! Been a hell of a lot of fun too!!!

Expect More Pullback Before Rally Continues

MHFT

Great point, not to mention there is still a lot of bearish sentiment...nobody believes we can go higher, so we very well could.

regards,
r


On Mar 31 12:33 PM Mad Hedge Fund Trader wrote:

> The market is full of anomalies. 27 out of the 30 Dow stocks are
> currently profitable. The public perception is that all are losing
> money, and several are on the verge of bankruptcy.

Cramer's Mad Money - What Does Big Money Know? (3/27/09)

Do me a favor and post an article about how many times Cramer is wrong. Oh yeah, not enough ink....

Tuesday's Fireworks Were Basically Meaningless

Meaningless like this post?

Chart of the Week: Volatility Drifts Lower

Perfect storm brewing. As the VIX settles and calmness is felt all around it will only be a matter of days before the market gets slammed as it comes out of the eye...there are 240 mph winds just beyond this eye. They are made up of REITS, Citigroup, JPM, and small business bankruptcies.

Only a nut or loony would be buying now. I should also point out that VIX calls are getting a nice premium and the bets are on that VIX is back in the 50's before end of January...

Finally, Some Holiday Cheer

WOW, glad to see all these bulls...short and loaded...Check out the stick save on the VIX...volatility is here to stay...

Crash coming to a market near you!!!

The Stock Market Is Not the U.S. Economy

What about yesterday? Hello? Were you watching?

Brazil's Oil Power Grab Could Hit Petrobras

You might want to cover your short position today!!!

But nice try...