RE:RE:RE:HUGE- I believes license and Therapix deal will be on MondayI am not short, but I also do not currently hold HUGE shares.
I am a XLY sharehold and have purchase stock in several of the companies they have invested in included HUGE, which worked out well for me.
I am glad that selling HUGE at $0.53 and Buying TRPX at $5.72 has worked out well for me so far, but honestly I wish HUGE stock did not drop as much as it did and I hope it substains these levels.
I think it is importatnt for the TRPX deal that the SP of HUGE does not continue to fall and it could cause issues with the deal.
My plan is to Sell start selling TRPX at about $9.50 and will probably be completly out if it hits $10.50.
Not sure if I will buy HUGE again or not, certainly possible, but I am in no rush because I think this TRPX deal is a headwind for them. I have said it since the day after the deal was announced.
I am shareing my opinions.
I can tell you one thing for certain, nothing anybody posts on these boards has any impact on the stock price good or bad. You can spend all day talking and it is not going to change a thing. All or our money put together is not enought to have any meaningful impact on a stock that trades millions of dollars a day and anyone who thinks they can pump or bash a stock on here and have it impact there returns is an idiot.
I simply enjoy talking with other investors about these types of investments. 90% of my holding are in large dividend paying stocks, this is my play money. If something I say can help someone from doing something stupid or helps them make a few bucks on a no brainer deal like buying TRPX was, then I am happy to help. STill think TRPX is a good deal, but not anywhere near as good as it was at $6. Less upside and more downside now then then. But overall still think it is a better place to be then HUGE and I think there isa 80-90% chance theat you can get a 40-50% return in the next couple weeks. There is also a 10-20% chance that you lose 40-50% of your money. I like those odds, so that is where my money is for now.