Therm I'm having the same talk with myself about Capstone... if it doesn't roar with oil at $120 when the F will it?... still I recently made a bad move selling one of two Chinese positions because it was drifting lower and the other one was roaring.... that backfired on me in a big way... on the fence here will really put CPST through several screens today to see if it is worth keeping on a technical basis. ~ stoney
Stoney, while you're here, have any idea why CPST is selling off so hard right now? I'm right back down to my cost basis right now. Maybe I should get out before my blood runs on the street?
OH THERM WOW WHAT GREAT NEWS TODAY ON BOTH OUR STOCKS!!!! What you got to love about stonedinvesting is I don't give you a laundry list of stocks... these are my trades blah blah blah, I really do tons of research and narrow my focus to a few good ones and THEN I GIVE IT OUT TO YOU ALL! So our two pack of low priced fun has some news lets get to it. CEGE we are up so nice already and now what's this they are selling 7 MILLION SHARES @ 4.22!!!!! woa we are but at $3.90 oh THERM THIS IS WHAT YOU HAVE BEEN WAITING FOR! Off we go into the blue. CPST IS UP 7% IN THE PRE @$3.17 with a $3.10 support line now hopefully we can leave these pesky $'3's behind and shoot off to $5. caught an upgrade what can you do? We upgraded her first here on Elite Trader. Congrats everyone! ~ stoney
Well in the interest of hearing all sides of an argument. Generally when you get an immediate email back from these guys you have struck a nerve. Let me say I like Adam. He's got a tough beat. His view on CEGE has been driving me crazy. He firmly believes the trial will fail. So I'm getting that out there for those of you who don't go to thestreet.com now and then... Here's our morning get together: I'm starting to think your alias is appropriate... TTP -- I've written fairly extensively on iloperidone in the past. I don't like the drug. It won't get approved the first time around. Why, then, would I like TTP? DNDN -- huh? I wasn't trying to say anything about DNDN, I was merely applying its experience with provenge to medarex. Was that hard for you to understand? CEGE - ah, you're biggest gripe. I'm sorry, let me be crystal clear for you: GVAX PROSTATE DOES NOT WORK! IT WILL NOT WORK. THE VITAL-1 STUDY WILL FAIL. Why should I care if CEGE goes from $2 to $4, or $6 or $10 if I'm very confident that the lead drug is junk? And today's news? Give me a break. Stop toking long enough to realize when you're being diluted up the ying yang. CEGE already has close to 79 MILLION shares outstanding, fully diluted. Now, Sherwin is adding another 15-16 million shares on top of that!??! With the $145 million in convertible debt due in 2011 very much underwater, the company will easily have 100 million shares plus outstanding by the time VITAL-1 fails. Good luck with all that. adam __________________________ Adam Feuerstein Senior Columnist TheStreet.com -----Original Message----- From: benandjulie1@mac.com [mailto:benandjulie1@mac.com] Sent: Monday, May 12, 2008 9:00 AM To: Adam Feuerstein Subject: you and CEGE From: stonedinvestor <benandjulie1@mac.com> Message: You know Adam I give you the benefit of the doubt when I talk to folks. But I just read through 6 pages of Mailbag nonsense absolutely nothing vital Titan & DNDN again! A complete waste of time and I have sent you 2 emails already asking you to re evaluate your negative stance on CEGE. For whatever reason you have failed to step up. Fine, don't even do it now you will surly reach to form a conclusion backing your first one. The Stock has gone from $2.90 to $3.90 on your watch and today sold 7 mln shares to a private investor @ $4.22. $28 million bucks or so wagered, still in your view there's no cancer platform there that will amount to anything.... Strange. ~stoney
CEGE down a lot today. Um, closing price was about seventy cents. Far cry from three bucks and change. Hope you sold your shares out stoney.
CPST is crap. Big head and shoulders. short term support(which doesnt mean much) is the ONLY good thing that I can see on the chart, or on the whole stock. Profitability Profit Margin (ttm): -106.95% Operating Margin (ttm): -112.09% Management Effectiveness Return on Assets (ttm): -29.97% Return on Equity (ttm): -58.63% Why would you even want too get involved? I dont think many people are in the mood to speculate right now, rather profit from the people who are making the mistake too speculate in this type of market.