Zacks’ Voice of the People Highlights user MightyMo: “MO’s TWIT: CIGX – MASSIVE INSIDER BUYING” from the People & Picks community.
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MO’s TWIT: CIGX – MASSIVE INSIDER BUYING
CIGX: SPECULATIVE BUY…GREAT PRICE UNDER 5.00.
MASSIVE INSIDER BUYING…
LARGE OPEN INTEREST IN OUT-OF-THE-MONEY APRIL CALLS…
someone’s thinking it’s gonna go up…
take your chances, do your homework, this post not a recommendation to buy or sell.
The following is what one market wag had to say about Star Scientific (CIGX):
“…The stock reminds me of Dendreon (DNDN), which hung out in the $2-5 range before jumping into the $20s on a good announcement and then settling into the $30s…”
The person who stated the above quote is:
James Altuche,the managing director of Formula Capital, an asset management firm and fund of hedge funds. He’s written four books on investing: Trade Like a Hedge Fund, Trade Like Warren Buffett, SuperCash and The Forever Portfolio and is currently at work on a fifth, tentatively titled “25 Ways the World Could Be Destroyed And How to Profit from It.” He currently writes for The Wall Street Journal and AOL Finance.
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