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today is very big ........

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Posted: #1
the dow is sitting at a resistance level if it falls 50 pts below this level that its at now we are in deep shit. im praying for a up day monday last week was hard for me to stomach.
 
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Posted: #2
then add to that pozn decision is just around the corner
 
Covers Linesmen
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Posted: #3
I thought you sold out of POZN?
 
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Posted: #4
i did bought back in friday late. fda likes to approve over weekend figured i had alot more to gain than lose.
 
Veteran
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Posted: #5
is there a link where we can follow pozn news? i stayed in for the ride...hoping its a smooth one
 
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Posted: #6
 
Covers Linesmen
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Posted: #7
I have an order in for more at 16.70 but no fill as of yet..
 
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Posted: #8
im buying more here it will be up in after hours. buy the dips
 
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Posted: #9
chng is up nicely i recommend to keep buying the pe should be 100 rofl. buy it also wzen is way up buy it.
 
buys
wzen
chng
pozn
exm on the dips
drys on the dips
aplx
 
 
Legend
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Posted: #10
POZN t-minus 48 hours
 
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Posted: #11
GSK has worked with FDA for many years and knows what they are doing.>>

At the beginning of the year, GSK identified 5 major product launches for 2007:

Tykerb..........APPROVED
Coreg CR........APPROVED
Veramyst........APPROVED

Cervarix........No Decision Yet
Trexima.........DECISION FORTHCOMING...

3/3 THREE FOR THREE!
 
Prospect
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Joined: Sep, 2006
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Posted: #12
Im in at 16.95 today.  Gonna sell the calls tomorrow and pick up my otm puts.  Almost did it all today, but decided to wait till tomorrow and hope for it to go higher first.
 
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Posted: #13
here we go i like the way pozn is trading today 800k shares and not down. thats very good down 10 cents is ok its very good news
 
Covers Linesmen
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Posted: #14
Pretty shaky trading for the past week actually.

It is mainly why I feel the upside might be limited even WITH an approval.
 
Covers Linesmen
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Posted: #15
wall - is there  upside for anything? AHM reopening tanked the mkt at 2pm

sca mbi abk mtg ras ahm

subprimes...now moving onto alt-a's and some lower primes

scary times my friend...dont get left holding the bag
 
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Posted: #16
Quote Originally Posted by KOAJ:

wall - is there  upside for anything? AHM reopening tanked the mkt at 2pm

sca mbi abk mtg ras ahm

subprimes...now moving onto alt-a's and some lower primes

scary times my friend...dont get left holding the bag


WOW...AHM going under, no doubt about it. Must be why FMT is tanking too..they probably fall under too.

Funny you say that..

I was just looking at CFC and IMB about 2 minutes ago thinking to myself that at some point these guys are good strong buys..but the news is too fresh and the time isnt right.

Also thinking stocks like HLIT who reported good earnings and margin growth are selling off.

Reminds me just a little of our prop trading days where they sell the market into the close..

Problem is the market isnt pricing in ANYTHING at these levels...there isnt fear, people arent selling hard..this is light volume low percentage drops.

I am flush with cash, but have been for a long time as you know..lol

I agree with you about alt-a loans..but the larger issue is the Fed and them filling the pool with our currency which makes all these issues not that important. We will never know when the Fed is done flooding the market, but rates sure arent telling me they have stopped or even slowed up at all.       
 
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Posted: #17
the fed said yesterday that they wont rush to the markets rescue....theyd rather let this sort out on its own
 
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Posted: #18
Koaj,

Yep and the lenders keep falling..

CFC down again, IMB down again..

What could be interesting is to see if the larger players get nailed..Frfeddy especially.
 
 
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Posted: #19
bsc has a nother hedge fund not involved in subprimes that has major financing issues

RAS is getting smoked, lost $ in AHM

AHM also owes money to mear, merrill, lehman etc  and has no cash to pay them
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