That will satisfy the players of the low analysts estimates, and then, after that look for a move to upside to reflect this company has positive potential and the label issue will pass into the background as everyone focuses on business developments, buyout rumors, marketing, Japan, widening to early stage disease, various analysists recomendations and discounted cash flow guesses, etc., LOL Will be over $20 by Christmas, IMO.
Not many if any on this board are averaged in at $17, I would think most are less than $8 and that is if they kept buying on the way up. Mine were bought both pre and immediately post peri failure as most longs knew that Z was the real winner. I'm averaged in just over $2 so good luck shaking those.
ive been saying for awhile now that the CORE short holders here have been stuck for quite some time.....and quite possible the MM's are stuck short here as well, hence the grand scale manipulation.....
The article is cover for the collusive trading. You see some stooge writer or two bit analyst nobody has ever heard of write a bogart article on a stock, or issue a downgrade based on nothing factual, and then the dumping starts. Rinse repeat. In this case, the writer had his article written before the news was released. Go figure. Actually, almost funny how blatant it was.
with options ex. and SPY paying Div. this week... I'm still in a holding pattern to buy any stocks right now. historically SPY drops after payout... SPY drops and generally so does everything else.
good call on selling those calls and buying puts Yosh... you lucked out big time and I assume will still have your shares next week.
Why you are getting mad? Did you lose money in this stock? You know, truth always make somebody unhappy. I personally never offend anybody. Oh forgot, your name is BIG J*E*R*K.
You can ignore me. This is a free country.
Sentiment: Strong Sell
DIid you notice FBR Capital initiated coverage on both GILD and KERX on 8/14/2041? FBR initiates coverage. Then 2-3 weeks later, their doc/analyst bashes the stock. Twice. Something doesn't smell right.
Sentiment: Strong Buy