Glad I didn't buy Delta...would be down 33%. I guess it would be like throwing money in a furnace: "Existing shares of Delta will be wiped out when the company emerges from Chapter 11. Delta has said it expects to have a market value of $10 billion." I think its too late for ZROS but you were right with the strength again at $1 as it bounced off that. I know if I bought it with my luck, it would sink I decided to buy another 500 shares of DXD before the Fed meeting. Man, I hope the market plunges....
I was thinking of naming this one yesterday but decided against it... sorry.... it could have more room to go though- BDCO - up 16% today Natural gas company with a ~45M market cap, 11M share float and earnings are set to be released on or before April 2nd. Check out what happened last year during earnings when they blew them out... However, many of its competitors have reported bad 4th quarters so I dont see a reason why BDCO wouldn't disapoint aswell. In order to meet last years cumulative results they'd need to triple profits from last quarter which doesn't look very probable. This is why I wouldn't bet on earnings, but once the direction has been decided, jumping on the bandwagon might not be a bad idea. Certainly one worthy of adding to the watchlist. on a sidenote, how bout that KRY today :eek:
I was wondering about ZROS myself I have been waiting for Topdown to signal me the ok @ 92 cents which he has not done. So now we have to figure out is the stock for real or not. It's tough fighting a shortseller with a newsletter- I'd back off unless you knew you could roll them with some bid announcement-- this happened a few times with Handheald and it did go from $1 TO $4 or something before collapsing. If we play it right there should be one morte run in this stock-- but when TopD?
All I can say is that on 3/15 when ZROS announced the release of RocketStream, it shot from .93 to 1.47. Before the lemon attack, it got all the way to 1.93. It does seem to have found a base at around a $1.00 and ZROS is playing up news on their home page with a big old "It's Coming"..... http://www.zerosones.com/ So the question is timing - will there be an announcement before lemon head can cause more damage? I'm betting yes and grabbed some more yesterday at $1.02.
You guys need to check Stoney's "Taking a Trip" post and give him some props. He made this call on 3/8.
GAITHERSBURG, Md., March 29 (Reuters) - Dendreon Corp. (DNDN.O: Quote, Profile , Research) provided substantial evidence of effectiveness for its experimental prostate cancer treatment Provenge, U.S. advisers said on Thursday in a 13-4 vote. Earlier, the Food and Drug Administration panel had said studies showed Provenge was reasonably safe. DNDN has already had a pretty good run the last week. Will it continue tomorrow on this news, or sell off? Do your DD tonight and keep your eyes on it tomorrow AM.