NUVO smackdown!
NUVO trading @ 4.18
The stock got slammed yesterday, losing $15 (about the price of a haircut? lol) because one of their drug studies with drug giant Bayer failed to meet expectations. Investors sold sold and then sold.
The company still has enough cash to last 2 years. Risk reward is good in my opinion. But it is speculative.
Intermediate to longer term play. Play small.
The stock got slammed yesterday, losing $15 (about the price of a haircut? lol) because one of their drug studies with drug giant Bayer failed to meet expectations. Investors sold sold and then sold.
The company still has enough cash to last 2 years. Risk reward is good in my opinion. But it is speculative.
Intermediate to longer term play. Play small.
posted by beanie11111 | 11:27 AM
90 Comments:
Lots of cash (relatively), and low debt. Good call!
Beanie, do you see NUVO behaving similarly to ELN, last year? You made a call to buy ELN similarly last April when it got hammered about 80%. From 28 dollars to 4 dollars.
beanie,
what do you think of MAMA?
look at the 2 year chart on that....bottom, top...bottom...
-mark the rat
HTI:
I've done a little bit more reseaching of this company and thinking i may actually take a long term position soon. The ceo of NRPH, Kirk Randall, recently bought over 300,000 shares at $5.55 . Hmm... We'll see.
mark,
i like my mama but i don't like this MAMA. I don't know who actually uses their site. However, the technicals look good and the market cap is low enough for a speculative play.
i own no position. Have fun.
gosu,
i think there's a posibility that NUVO will end up like ELN. But you won't know that until maybe a year from now.
Purchase 2006-12-07-17:27:20 HALOZYME THERAPEUTICS INC HTI KIRK RANDAL J 10% owner 416,200 @ $5.667 $2,358,710 owns 1,262,000
XNN: i think we'll get a rally tomorrow. Regarding earnings, no matter what happens (even if you feel it will gap up huge) it's just trading strategy to take some (like 1/2) off the table.
Remember the two big fools on the Deal Or No Deal show that i've mentioned on this blog? Besides considering the high probability of gains, don't ever forget to consider the risk.
NUVO: it is interesting to note that volume today is incredible. If you put a gun to my head and demand i give you the direction on NUVO to help make you some money, i'll tell ya it's going higher. Give it a few weeks.
IDEV: got slammed because theyre buying another company.
IDEV: I got out yesterday...that was close. Barely broke even.
WishI could say the same for LMRA.
LMRA: investors are disappointed because of the test delay. So much hope and now so disappointed. lol. The stock cannot and will not go higher until the test is positive.
NUVO: is NOT like ELN of last year. ELN was a good play (and I made all of my money last year on that stock) because Tysabri was a good drug that MS patients clamored for when it was yanked. NUVO has no such prospect. It might be able to come up with something for its pipeline, but it doesn't have the upside of ELN. It is just another biopharma company looking to get started (albeit with more cash).
NLST:
has now come down enough for a good trade. Let's wait till after Ben Benanke speaks before any entry. Just watch it for now.
8.84
thanks beanie,
-mark
NUVO:
I am starting to really believe that anyone who bought yesterday and today will be very profitable sooner than later.
Is Bios a buy here?? brett
Benanke speaks when?
2:15EST
Not the most environmentally friendly of stocks, but anyone have any thoughts on DO (a medium-deep water offshore drilling company)? Congress looks set to vote on opening up a part of the Gulf for drilling -- if the bill passes, I'd look for a short term pop in offshore drilling stocks. Thoughts?
Is that why the market is so depressed.
NUVO: i want you guys to get in this stock. If you got no cash, sell 1/2 of XNN, or ZVUE, RNIN, anything to get some of NUVO.
So NUVO is now a **** BEANIE ALERT***
haven't seen that in a while :-)
LOL
NUVO is not a day trade rt? Can I hold overnight?
-M
Beanie and the board,
is anybody looking at SAI? earnings report today after the bell. Would like here what everybody is thinking.
I think the estimate seems pretty low and hope they blow it off the roof.
JSPADE
The common thought for oil drilling revenues is not so much based on the expectantcy of higher oil prices but on the areana of rentals. It is safe to say than if one can find a company with a combination of both then there is double dip into the profits in the oil revenue based business. Oil drilling is a needed path to oil. Its like having our cake and eating it too.
DO is engaged in this endevor and its primay base contraccting out its drilling rigs.
OMNI is another and I mention it because it is flush with numerous
OMNI Energy Services Corp. operates as an integrated oilfield service company in the United States. It operates in two divisions, Seismic Drilling and Environmental Services. The Seismic Drilling division principally operates in the marsh, swamp, shallow water, and contiguous dry land areas along the Gulf Coast, primarily in Louisiana and Texas. It also owns and operates a fleet of seismic drilling and transportation equipment to provide a range of seismic drilling, permitting, and survey services. The Environmental Services division provides dock-side, and offshore hazardous and nonhazardous oilfield waste management; and environmental cleaning services, including drilling rig, tank and vessel cleaning, safe vessel entry, naturally occurring radioactive material decontamination, platform abandonment services, pipeline flushing, gas dehydration, and hydro blasting. The company also offers rental equipment and specialized environmental services principally to drilling contractors operating in the Gulf of Mexico. It provides a fleet of rental equipment, including pressure washers, reverse osmosis machines, and steam cleaners; and wellhead installation, stress relieving services, and environmental pit cleaning services to drilling contractors.
More for your money. Well diversified. YOY QTLY is 3 times that of DO.
Bottom line is, either way, next year will be a profit for both companies and stockholders.
I am holding through earnings, everything points to a good report so I suppose it will take a big hit.
SAI was not moving fast enough for me so I sold it some time back. I would expect them to do pretty well but Dec timeframe is not a hot time for consultants.....
Referring to SAI.
Anon,
Thanks for the info about OMNI
Buy RNIN on the dip?
I also bailed on SAI a while back. Hope you holders do OK. With you in spirit.
Sell anything I have for all in NUVO!
Beanie, there is no gun point on your head but would like to know the exit level. All in!
I am buying RNIN on the dips. Look at Iwatch on this one.......
-M
Beanie...
Target for NUVO short/mid/long term....i'm in @ 4.20
LEE and the board,
thanks for the response... I'm in with you LEE. EVEN if the earnings is not up to par I feel comfortable.
JSPADE
Beanie:
What about NLST?
Look at MAMA go. MAMA I'm coming home!!!!!!!!!!!!!!!!!!!
JSPADE:
Are you planning on listing to the CC at 5:00 ET? I will have to miss it (work). Best of luck.
This may be a steaming pile of you know what, but....
http://www.telecentro.pt/forum/ler_questao.asp?qt=1499&varid=3
Lee,
But of course. I think we are okay. its going up from here.
JSPADE
mark
WOW!!!! look at MAMA. Thank you for mentioning it this afternoon
Hi Beanie and Board,
You guys R tripping with MAMA...
Who's your MAMA, who's your daddy?
Again, ZVUE in consolidating Yes?
Beanie told us thAT LAST NITE...
sTILL HOLDING ZVUE AND XNN..NOT MUCH BUT SOMETHING Pamfla
NUVO tanking wtf
anonymous,
I didn't enter MAMA because I'm a moron....but also because I'd have to sell NYX at a loss to enter....something which I'm not inclined to do right now.
Glad that MAMA worked out for you.
-mark the rat
Beanie where are you!?!
Guide us!
NUVO-Headed down.
NLST- Yes? No? Maybe?
SAI: earnings tonite
NUVO: holy smokes, i only ask you folks to get some and i'm hearing someone here went "all-in". C'mon man. Follow directions please. lol
Lots of daytraders in this one. Have some patience. I believe it's going higher.
XNN:A little guidence. I have 4200 share at an avg. of around 3.50. (Bought some a lot lower ~2.70, and then added recently). Anyways, I "think" I want to hold around 1K through earnings. Anyone have any suggestions as to when to sell the rest? What are the chances that it will rise tomorrow vs drift down? This has been my most rewarding position, and I dont want to get killed (PALM!!)
Thanks,
Todd
Hi Beanie,
Here is the All-In person to follow the NUVO call, but all-in those sold craps I held for quite long time and would like just follow Beanie1111 from this time point on.
So far, xnn is + but ZVUE and PNTR(which cut for NUVO).
Will C!
Thanks for the pick info.
Please ignore my earlier posting about NUVO takeover ... it is, as I just discovered, false
Yeah...I've seen that site used before for deceptive purposes.
I'm now fully loaded up with NUVO. Let the games begin!!
:-)
Wait a minute! Beanie just got through telling people that this is a speculative stock/small positions ONLY. Be careful! Don't give up your core positions for this.
LEE,
earnings out on SAI....
DJ SAIC Inc. 3Q Rev $2.14B Vs $2.02B, +5.8%>SAI
thought you might want to know if you don't already
JSPADE
My personal suggestion is:
1) NO MORE THAN 5% of your porfolio (no margin) in speculative stocks.
2)If you are confident in a speculative stock, do dollar cost averaging UP.
3) Always have a bracket order (Profit target and stop limit) for each speculative stock.
4) Keep an eye on the overall market. 75% of the stocks follow the overall market.
5) Take care of the losses and the profits will come.
I see after hour SAI is up, good sign.
stock below 4 pm closing. Eps next year less than this year.
"Anonymous said...
stock below 4 pm closing. Eps next year less than this year. "
What stock are you refering too?
Todd,
your average price of 3.50 for XNN is too high. You don't have much leeway if the stock sells off after earnings. You are too late to the party, up to earnings. I would only have the guts to hold thru earnings if i bought under $3 and if i sold 1/2 already.
If i were in your situation i would probably get out of XNN altogether, or keep only a small position.
i know i know, you gonna hate me if the stock gaps up over $1 thursday morning.
Intermediate to longer term i believe XNN is headed higher. If you are planning to hold that long, then by all means keep a bigger position. You better be patient though if XNN doesn't go your way on thursday.
SAI going nowhere but down. Disappointing. Also NUVO is no ELN. No comparison. ELN had an effective drug with a safety issue. Nuvo has an ineffective drug.
XNN:
Should be an exciting day tomorrow. Going higher is my take.
HTI going much higher--unrelenting buying pressure. More good news must be coming.
HTI: this stock has been incredibly strong. I was a fool for selling my second 1/2 for no apparently good reason other than because i felt it was overbought immediate term. I guess other investors didn't feel the same way. lol
I made the recommendation because i thought it has huge potential as a company. By completely leaving the stock, i won't be able enjoy any continued gains. I'll probably put back on a smaller position tomorrow.
Beanie,
As far as NUVO is concerned (I took a smallish position at 4.21) - is the fact that Bayer will likely terminate their deal with NUVO already completely priced in? Are you looking for a short term bounce to sell? My thinking is that I'll sell at least half if there's any sort of compelling move up tomorrow, and then hold a tiny position intermediate term.
I bought in as I like the cash/debt that the company carries, and I am now also told by friends in the medical field that the NUVO preclinical drugs are quite exciting and based on these, the stock is more valuable than current levels. The stock is clearly oversold and should be trading higher than this -- though I have a sense that it will be a bit of a choppy ride.
thanks for alerting us to this one -I hope to hear more of your thoughts about it.
MAMA: my negative bias (remnant of the old days) towards this stock has cost me alot of potential profits. lol
Very strong.
Disclaimer: i have no position.
Neil,
i wouldn't worry too much about NUVO. It'll go alot higher, but patience is needed. This kind of play usually requires a minimum of 1 month hold.
Thanks - I've been 'micromanaging' my trades of late. Need to be a bit more patient!
MAMA: i'm gonna have my wife do some searching on mamma.com tonite and see what she thinks of it. She does alot of internet searching but has never heard of mamma.com .
Mamma.com is a canadian internet search company. It became famous last year after Mark Cuban announced he has obtained significant position in the company
Beanie,
Thanks for the reply. I intend to sell at least 3K tomorrow. I was curious if anyone had predictions on what the stock will do up until the close (based on more experience than I have). I would like to sell those 3K shares at the peak (obviously), but nervous holding to long into the day tomorrow. I fear that a lot of investors will want to sell before the close and cause the stock to decline quickly. If this might happen, what hour??? I plan to hold 1K through earnings that I bought at 2.70 (crossed fingers).
Sorry, the above post is from Todd
Beanie,
What do you think about EPIX? Just enter a collaboration deal to potentially worth $1.2B w/ Glaxo. http://biz.yahoo.com/bw/061212/20061212005330.html?.v=1
If HTI shot up to a market cap of $450M, wouldn't you think there is plenty more to go for EPIX with half the market cap and twice the potential earnings? Thanks.
Beanie:
What about dush and DTV. You haven't said much about them lately. Thanks
DISH, I mean
Where do you think XNN will go before earnings. Are you still saying possibly 5?
Beanie!, normally im only short term positions, but i would like to invest for long term (good gains 1 year +) currently looking at EBAY(you mentioned) PCU(ranked high, with nice dividen) and aapl (another on your picks) i would like to know your opinion on these and if there are better places to put money, and how much to put in each!
Thanks very much!
-JW
I would ditch the DISH and go with either NUVO, RNIN or XNN. Smaller priced stocks have greater % moves... ;)
Please note that the % moves are GREATER on both sides.
The market sentiments, I feel is turning bearish. I'm worried, we'll be losing a lot more....I say play conservative or wait until the mood changes....
JW,
For the longer term, I like EBAY because it has zero competition. I like NYX for the same reason, no competition. GS is top notch in the financial sector. To get exposure to tech, i like my top 3 horsemen - GOOG, AAPL, AKAM.
You know where the hot trend is right now (technology for the couch potato)? High-definition is hot! That means these 3 will benefit: CMCSK, DISH, DTV.
Choose what you like from above and start investing.
anonymous,
Regarding EPIX, yes you're right except EPIX is losing alot of money compared to HTI. But EPIX also got or getting alot of financial support from Glaxo. EPIX is a good buy in the low 7's or below. I'd probably get myself some tomorrow.
I want you folks to realize that biotech plays are very risky. Take a look at RNVS and NUVO if you don't believe. They can lose up to 80% of their value in just a single day if something goes wrong. And this happens to biotech stocks all the time. How often do you see this kind of tankage in other sectors? Very rare.
Biotechs are not for the faint of heart. In fact, most often times i feel that biotechs are a real scam sector that keeps on sucking people's hard earned dollars with their big promises of saving lives and improving humanity. Finding the next AMGN, DNA, MRK, PFE, or CELG is nearly impossible and there are only few (very very few because i can only name 5 quickly) eventual superstars.
anonymous,
EPIX didn't get an upgrade, but HTI got 2 upgrades. fyi
Beanie,
What is your outlook for PXPL? Also is it worth buying at this point - 1.95?
Chao
Results ! LMRA up
TurkeyLurkey
I was one of those hopefuls who held their shares of LMRA and thankfully I'm not eating it. Only Nanotech that sounds like "realtime" winners. Go LMRA.
MAMA is up another 30 odd cents pre-market...please shoot me.
-mark the rat
NUVO: Seems encouraging in before market trading.
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