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JoeJustJoe
JoeJustJoe
P&P Score: 99.96   Points: 735.16   Accuracy: 63.09%   Average Pick Score: -0.08   Annual Return: 0.49% (2.03% since 3/30/08)  

JoeJustJoe's Blog : VISN :o

Date March 3, 2010    Comments Comments (11)    Recommended (52)   
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Holy she-a-zite, Batman! :o I just had VISN on my open list heeeya as a long but took it off cuz it needed to trade back belowst 7.36 after setting up a trendlow at 8.00-7.55. Talk about havin VISioN..huh? :o Anyhoo, VISN actually left a nonconfirmt high at 12.50 so from the low $8's wherst I played it thur wuz 50% upside. Butt! ...let this POS be a warning to everyone. Everytime the market approaches new 52 week highs the trading desk at GS brings a new handful o'stox up to confirm ALL previous nonconfirmt highs. Ifn a stock with a high left to git taken out like VISN can get deeestroyed then a stock like DNDN (which will be confirming all highs tamarrah on news that taking provenge is better then eating lead paint chips fer preventing cancer of yerass) will get absotootimussly pummeld whenst (not if) the bad news comes out. I call VISN a POS whenst in reality it is "probly" getting to the point wherst I kin rexscue it now....kinda like thisn right cheeeya >>> STEC :o 3J


11 Comment(s):

Author MightyMo     Date March 3, 2010 23:53  Edited: March 4, 2010 by MightyMo Abuse this post Report Abuse
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Let's see, who was Batman's main nemenis..I believe it's someone who's name started with J.....oops..better not go here....

One thing about VISN..it's has no VISN.. DNDN has plenty of VISioN but will go to zero if it fails FDA approval...unlikely to happen however...There are no gifts on wall street but this one is as close as it gets...

Yes, I do at times has concerns about the 'evil empire' trading desk.

"lead paint", "Venom" ... one and the same..
I am expecting the DNDN marketing people to come out later this year with a slogan that 'Provenge is better than sex'.

Hey, how's your friend, profit55?

Author JoeJustJoe     Date March 4, 2010 07:52 Abuse this post Report Abuse
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Concerning DNDN, the reality is that you ssssthink like anyone who is long would ssthink. The clown from Minyanville wuz BOOHOOin cuz within 10 minutes o'the premarket stock drop his clients/listeners were calling him and BOOHOOin too. Simply put, the dumdums who are long DoNeDoNe say the anal-yst with the neggy opinion "should be" investigated just cuz he has a neggy opinion. Yet 1 day later we see an obvious "strategically timed" announcement in after hours about the effectiveness of provenge vs a 3J venom placebo. I'd be more concernt about the "obvious" manipulation with this news release but insted the longs will be out WOOHOOin in force. The GOOG news is that the GOOG news is out now....so thur'll be no excuses....right? :-) I can't wait to see what that Minyanville flunkie says whenst DNDN is trading in the teens or lower on the news release that's gonna get it there in a single day. Keep us posted. *-) 3J
Author MightyMo     Date March 4, 2010 08:05 Abuse this post Report Abuse
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JJJ

OK, you have a different opinion of Dndn than I..that's what this site is all about.
However you made a mistake when you phrased the comment..
"The clown from Minyanville ...", it should read "The Minyanville joker wuz.."
You need to leave the 'clown' term for the clown that runs street.com and appears in clown gear at times on his tele show. By the by ,I believe, horrors of horros, he takes the same side as you on DNDN.
Author MightyMo     Date March 4, 2010 08:31 Abuse this post Report Abuse
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JJJ

Let me add, that guy on the tele recently had his tongue slap his brains out!
Author JoeCole     Date March 4, 2010 08:44 Abuse this post Report Abuse
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I don't have the guts to chort DNDN, but maybe some out o the money putskis would be goog and cheap since all the hysteria-mania of how great provenge will be to change the world and the sky is the limit with DNDN. Like I said, I don't have the balls to chort but I think some puts wouldn't be bad.
Author JoeCole     Date March 4, 2010 08:45 Abuse this post Report Abuse
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I wonder if all the China bubble watchers see a bubble in VISN
Author MightyMo     Date March 4, 2010 09:57 Abuse this post Report Abuse
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Well JJJ

Gotta run, going down the yellow brick road, off to see the wizard, in the valley of the Jolly..ho ho ho.. Green giant, in search of some venom antidote.
Author MightyMo     Date March 4, 2010 09:59 Abuse this post Report Abuse
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JoeCole

I'm raising my top on DNDN from 100 to 110 (as they have other products being worked on). Put options are a good idea, in my case as a hedge of my huge paper profit.
Author JoeJustJoe     Date March 4, 2010 10:31 Abuse this post Report Abuse
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Well, VISN did in fackt complete the trendlow down to 5.01 by moving higher today on the open. Now we "know" fo sho it gots a future date with belowst 3.50. :o Not sho ifn thur wasn't a lower low previously until I sssscheck me numbas over da weekend. *-) BTW, I "wonder" how that fellah "knew" that closing the DDS chort play out (with a 3%+ 1 day gain) wuz a GOOG idea. He MUST be "back from the future" er sumphin. Baahck into da chort is what I'll be on thatn....you kin count on it. I still give DNDN an even chance at closing neggy on the day. I wanna see it take out the openin 35.32 high tho. Ifn whenst that happens well....you watch me werk my majic. Fugg the news reports. *-) 3J
Author JoeCole     Date March 4, 2010 11:14  Edited: March 4, 2010 by JoeCole Abuse this post Report Abuse
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Well, if everything turns out alright you have DNDN making earnings off provenge in 2011 at $0.32 per share based on Zacks' pro-forma estimate, so at current price of $35, you have a forward 2011 P/E of 109. That seems a bit out of wacko, zacko. Of course the EPS increases to 1.19 by 2012, so you have a 29 PE by then. Maybe you buy now since you know that provenge will destroy estimates and save the modern world.
Author JoeJustJoe     Date March 4, 2010 12:18 Abuse this post Report Abuse
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Now at 35.19....like me sed....watch me werk my majic once 35.32 goes bye bye. Do you want me to even call the eggZackt numba that puts a lid on it? :o 3J
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