RE:RE:RE:RE:The Coming Monday Massacrere: insider purchases.
Normally, insiders are purchasing a relatively small amount of stock (or exercising their free stock options). But let me share the story of Allied Nevada Gold. One of their head honchos bought $10 million worth of stock after the stock had declined over 80%. Outcome? Allied Nevada went bankrupt. There's no guarantees in life and in the stock market.
The shorts are going to bring a world of hurt to prometic bulls. You have nothing for them. They will hand you your testes. Why not save some of your capital? Here's the crazy thing: EVEN IF YOU ARE RIGHT (in the long term), you will not survive the onslaught. But you guys being right is an enormous IF. People will live on other planets before Prometic is making a profit. How long have they kept you waiting? a couple of decades or so with no profit in sight? Maybe you can get away with that if you're name is Jeff Bezos and you run a little company called Amazon. Prometic shareholders are in for a world of hurt. Cursing people smarter than you is not going to help you out. It's not that impressive to see that the prometic share price is going to fall and fall hard.
Another thing you may not realize is that analysts can be wrong. What did you think stock analystis and brokers were saying about Valeant when it was at $300? Did they value it at $20? Very few stock analysts do any work. They just spit back the estimates the company itself provides.