written by reader RGDO

By poppajohn, July 3, 2014

Is gumshoe running fo cover on Dr. KSS and RGDO. Took the day off and just lost 60% on RGDO. Probably more by monday. Is it time for DFr. Kss to KSS his *ss goodby?

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Alan Harris
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Alan Harris

So you were expecting a winner every time….. twat.

David B.
Member
πŸ‘855
David B.

Given the big dialogue on the meaning of twat and the differences of British English and American English slang I will throw out a term that is used flippantly in the U.S. by many who do not know it’s dictionary meaning–dork. I even hear family members kid each other with the term as if it’s a playful word for “dummy.” It literally means “the penis of a whale.” I always chuckle to myself when I hear people freely use this term.

dianagrace11
Irregular
πŸ‘519
dianagrace11

As will I from now on! : )

Alan Harris
Guest
Alan Harris

KSS uses his knowledge to analyse a bio. That leaves you to do the DD. The decision to sign the cheque is yours alone. Kss didnt lose you 60%……you did. Did you place a stop loss?….I did and got out at $6 ish. RGDO is not dead yet so I can buy twice as many shares for the same money. So tell us; why do you think it wont recover?

sjackson
Member
πŸ‘0

The class action lawsuit announced today is somewhat concerning.
Perhaps this is typical when shares lose so much…the vultures swoop in.
Would be interested in thoughts from KSS re what might have happened. Typical market over-reaction?….

Travis Johnson, Stock Gumshoe
Admin
πŸ‘15112

One can never tell right away whether there’s really anything legally questionable behind the news (like management hiding something), but as a general rule anytime a stock releases bad news and drops by 20-50% or more in a day, there will be lawyers issuing press releases as they troll for plaintiffs for lawsuits. They aren’t all meritless suits — there are, of course, companies that do terrible things and hide mistakes — but most of the time, in my experience, the filed or threatened lawsuits don’t ever amount to much. I’d always worry a lot more about the actual bad… Read More Β»

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arch1
Member
πŸ‘7795

Travis; I totally agree with what you have said here. I might also remind all that the purpose of the infotainment (news) industry is selling … Either a product or a viewpoint. Airtime sold is quite profitable & the more you can instigate controversy the more you are likely to sell. Have you ever noticed how much is spent on political ads?

David B.
Member
πŸ‘855
David B.

Ambulance chasing.
What do you haven when you have 6 divorce and liability attorneys buried up to their necks in sand? Not enough sand…..

dgcannon
Member
πŸ‘28

Two investment firms down-graded it today. One with target price of $2.00, the other with at a target price of $1.00. Management has been duplicitous at best. I’m out of this
POS. But rock on guys. Alan can tell you exactly what to do, as FOS as he is. Adios. I told you so. But, good luck to all.

Alan Harris
Guest
Alan Harris

Oh lookie….its been $3 recently….Dead in the water??

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miltonmoney
Member
πŸ‘14

You sound like a looser..your mental attitude is all wrong, i lost 60% ,,you must factor that all stocks dont go too plan..plan b must be thought out before putting any stock…PUT your saftey belt on JOHNNY BOY buy a beer & Pie,,,and wait it out…then put a stop loss on when it gets back up……

dutchman
Irregular
πŸ‘9
dutchman

I to bought RGDO and I bought with eyes wide open. Yes I have lost some but I don’t believe in stop loss orders buying bio stocks and penny stocks is better than the lottery as I still have something left, I will let it ride and see what happens as I still believe there is value there and I may even throw another couple of hundred at it. Dr KSS gives us an opinion which I value but you still have to choose for yourself.

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lbgmd181
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lbgmd181

John: No one likes losing money. But the reason companies run studies of new agents is because we DON’T know the outcome. Same reason we hold sporting events…Don’t know the outcome. I’m not sure how anyone could reasonably expect a company to “know” of an allergic reaction which occurs in a small percentage of people. I mean come on. If Dr KSS had that knowledge he would not need to practice medicine/invest etc. Impugning his integrity/intentions for not predicting an unpredictable event is just unreasonable.

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reasonableguy
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reasonableguy

John, There was plenty of after-hours activity in RGDO after the announcement and before the stock opened the following day. At least through one of my brokers, extended hours orders can be placed in the morning from 7:00 – 9:28 AM ET, and in the evening from 4:00 – 8:00 PM ET. In the case of RGDO, something close to a million shares changed hands during those extended hours. I don’t believe stop-loss orders are valid for extended hours trading, so it is true that you would have had to been on top of the situation and place your order… Read More Β»

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KennyG
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KennyG

Well said RG