Tuesday, February 22, 2011

HOW SMART EVERYONE SEEMS TO THINK THEY ARE

"5:35AM Delcath receives refusal to file letter from FDA (DCTH) 11.30 : Co announces that it received a "refusal to file" letter from the FDA for the New Drug Application for its proprietary chemosaturation system used in the treatment of patients with metastatic melanoma in the liver through the percutaneous intra-arterial administration of melphalan hydrochloride."

Just this THursday at Seeking aplha

2/17
"I believe Delcath Systems will have their NDA accepted sometime the last week of February of 2011 with the request for priority review. This will cast DCTH into the spotlight as opinions and rumors will circulate at a feverish pace pertaining to buyout, FDA approval and company worth."

"Both stocks are up over 100% since our initial coverage on them and we believe pending news out of both of these companies will further dictate positive price action in 2011. "

Made Motley FOOLS stock watch needless to say Delcath is getting a HAIRCUT this morning.....cancer cures are one of most popular ways speculators like to GAMBLE their dough.


"Wal-Mart Stores Inc., the world’s biggest retailer, posted a seventh straight quarterly sales decline at its U.S. stores, falling short of its own projections for the holiday period.

Sales at U.S. stores open at least a year fell 1.8 percent in the quarter ended Jan. 28, Wal-Mart said in a statement today. Chief Executive Officer Mike Duke said in October that U.S. comparable sales would be “positive.” Analysts projected a 0.2 percent drop, on average, according to a Bloomberg survey."


WalMart same store sales open more than year fell MORE than expected.....on your favorite brainless TV MSM show they atribute it to something WMT did wrong....not any problem with Consumer....of course WMT'S fav consumers are those who may not give 2 hoots about stocks advances and maybe more on the value of their homes and can they get a job.

Todays futures weakness points to a red open, only thing matters to me is what kind of selling we get, stay tuned. Blame it on a NZ earthquake, Mid East unrest or rise in oil prices.....take your pick.....will zombie investors get a glimpse of what happens when one mindlessly follows the herd?

LASTLY

CASE SHILLER FALLS MORE THAN EXPECTED....darn how those "experts" get fooled and confused. HOW strong can the US economy BE without HOUSING coming along?????????? WMT same store sales fall for 7th straight month.....g-d bless the LITTLE PEOPLE forgotten......G-D BLESS FED and govt policies aimed ONLY at inflation of shit and assets.....say a prayer for the 70% who sit on the beach while the idiot with potato chips attracts every seagull in a miles stretch of beach to fly over their heads....



Duratek

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