iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

THE BIGGEST DOGS

Inside The PPT, I ran two screens to search for stocks down huge, but with large net cash positions. Regardless of their business prospects, profitability etc, the following names are on my radar, inspired by the TITANIC move in VRNS today.

symbol, % down from 52 week high, net cash per share/price ratio
CSLT (10-17 over the past month!) 60%, 0.14
CRCM 61%, 0.33
PTCT 53%, 0.54
ACHN 67%, 0.53
DRNA 65%, 0.46
MGNX 52%, 0.37
INFI, 68%, 0.36
RCPT, 52%, 0.27
ARWR, 55%, 0.26
SSNI, 65%, 0.26
TXTR, 56%, 0.14
FEYE, 69%, 0.14
NMBL, 51%, 0.11
BLOX, 61%, 0.25
FUEL, 67%, 0.23

Now get to work.

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45 comments

  1. YOU WILL KNOW ME BY THE TRAIL OF BLOOD
    YOU WILL KNOW ME BY THE TRAIL OF BLOOD

    That there list of stocks are gay as AIDS.

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    • Dr. Fly

      I bet a homo, such as yourself, would’ve been pleased with cslt from 10-17

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    • alf44

      .
      … Post your “bloody” list !!!

      Put UP or SHUTUP, “blood trail “!!!

      Go on !!!

      Can’t wait to see it !!!

      .

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  2. rahagar

    Can’t believe I missed the move in VRNS. I keep an eye on it regularly, but today was distracted and didn’t check it until it was already 7 per-fricking-cent upped.

    NMBL and BLOX look good here. I’ll put them on my watched list.

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    • sloop

      I’ll make you feel better. I missed a 200% jump in NEWL. saw it last night and did nothing at the open. I still bending over the toilet bowl on that miss.

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  3. halfbloodpope

    INFI is of interest to me, not only a degenerate gambler but also as a pharmacist. Poster presentation June 2nd for those interested. Link attached: http://abstracts.asco.org/144/AbstView_144_132236.html

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    • Dr. Fly

      What’s worse, degenerate gambler or pharmacist?

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      • halfbloodpope

        Anonymous blogger out of their mom’s basement.

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        • Dr. Fly

          I say pharmacist. Think of how many more people a pharmacist kills instead of some blogger.

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          • halfbloodpope

            Imagine how many more I help. The board of pharmacy generally frowns upon death.

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          • alf44

            .
            … and yet, you  Pharmacy clowns prescribed harmful “Hormone  Replacement” therapy to generations of unsuspecting women … 

            … resulting in fibroid tumors and countless unnecessary Hysterectomies in women that trusted … you and their Doctors !!!

            You must sleep well at night !!!

            .

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          • alf44

            .

            REALLY ???

            STFU !!!

            PLEASE !!!

            .

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          • Dr. Fly

            Fen fen

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          • I Am Jesse Livermore
            I Am Jesse Livermore

            Fly, think of how many more people lose money b/c of a blogger instead of some pharmacist.

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  4. sloop

    Great list. Thanks

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  5. sloop

    I wish we could correct our spelling mistakes.

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    • alf44

      .
      … I wish we could correct our “trading” mistakes !

      .

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      • alf44

        .

        … I wish I had invented SPANX !!!

        .

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        • alf44

          .
          … what was I fuckin’ thinkin’ ???

          I mean it’s NOT LIKE I HADN’T BEEN IN DAMN NEAR EVERY GIRL’S PANTIES … this side of the Mason Dixon Line !!!

          As It Were …

          .

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          • alf44

            .

            … but, I digress !!!

            .

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          • alf44

            .
            … I think I may have been channeling …

            “Twelve Years A Slave” … in that last post !!!

            —–

            THAT … and, the Chardonnay !!!

            SORRY !!!

            .

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          • alf44

            .
            … prolly, MORE tha “Chard” !!!

            —–

            Again, SORRY !!!

            .

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    • Dr. Fly

      Sloop

      Bring your A game.

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      • sloop

        I’m a pretty lazy poster. I hate to type. But I’ll do my best. I bring it to the market and that’s about all I have the energy for. Now you’re going to make me think about the keyboard. crap! lol!

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  6. acehood1

    lol, FEYE? You wouldn’t dare.

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  7. Research Donkey

    While not on on the net cash screen RUBI is worth a look.

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  8. sloop

    So far I like ACHN. I would post my reasons and findings but the topic will be gone in the morning. Its hard to keep up I would wait to see 2.50 again. ( I only got through half the list. (took my boys out for a chocolate sundae)

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    • Dr. Fly

      Chocolate sundaes beats this racket any day of the week

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  9. ironbird

    Klondike tape. It will only get worse.

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  10. it is showtime
    it is showtime

    Did someone say Titanic?

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  11. I Am Jesse Livermore
    I Am Jesse Livermore

    CSLT trades at, even after imploding from $41 in march to $17…wait for it…71x, yes SEVENTY ONE TIMES SALES! bahahaha!!! The vulture capitalists really shit out a golden turd on this one. No way this piece of crap should be public. At $17 the mkt crap is 1.5 billion. It should be about 150 million tops or a stock price $1.70.

    Fly your desperation is palpable and pathetic. You are truly a degenerate gambler for even considering a POS like that at this point. Get a grip man.

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  12. I Am Jesse Livermore
    I Am Jesse Livermore

    I should thank you profusely Fly for bringing CSLT to my attention. This is a fantastic short on any short covering rallies, much like it is doing now.

    They just reported earnings on 5/8. They are projecting 2014 revs of $40-41 mill and losses of $(1.00)-(1.03) per share. Since you can’t value a company on negative earnings (lol!), let’s say they destroy that rev projection and bring in $50 mill in revs this yr. At $17 that means they are *still* trading at 30x this yr’s revenues! Hilarious!

    I can’t wait for the lockup expiration come september and a secondary most likely sometime this summer so the vulture capitalists and founders can dump even more of their stock before it becomes almost completely worthless like that asshole FEYE CEO did.

    I will be shorting this piece of shit poste haste!

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    • Dr. Fly

      Good luck. This isn’t a valuation post, just one that is highlighting stocks that might trade up.

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      • I Am Jesse Livermore
        I Am Jesse Livermore

        or more likely will trade down.

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        • dae42

          Step aside, WEB…IAJL has cracked the investing code. Just take market cap and divide by annual revenues. And voila—your unencumbered road to billions. Rumpelstiltskin’s daughter could do no better. Thank you for this incredibly valuable insight!

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          • I Am Jesse Livermore
            I Am Jesse Livermore

            douche42, go long CSLT here at $17 you pussy. i dare you.

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  13. jon v

    The ones that look good are CRCM, BLOX, and FUEL. Any reason you didn’t include SINA in this mix? They have 1/2 of WB, which is a $4 Billion mkt cap, to go with $1.5 Billion in cash. Stock trades at $3.1 Billion mkt cap.

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  14. halfbloodpope

    @Alfonzo44 Firstly, you and Jenny McCarthy are the last two people on earth who should be giving out medical advice. Secondly, your daughter just came to my pharmacy to purchase Plan B, you’re fucking welcome! Plan C is a coat hanger.

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    • jon v

      Your mom would be proud of you if she read that post, I’m sure.

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  15. xxxhuggiebearxxx
    xxxhuggiebearxxx

    THIS IS THE WORLDS MOST BORING MARKET IN HISTORY. THERE IS NOTHING TO SEE HERE, MOVE ALONG, MOVE ALONG.

    Wake me up in a couple of weeks please.

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  16. sloop

    Picked up 10K shares of JCP @ 9.19 on a downgrade this morning

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