Nothing new in today's 10Q.....except for updated figures on revenue and other cost cutting costs..... we have known about slashing of 75% of the workforce.... we knew about the CEO leaving in June... we knew about the agreement between Takeda and AFFY...all we have to do is wait till Omontys makes a comeback which Takeda is doing without making too much noise !
Probably day traders and scared newbies. Many of us longs were not expecting any stellar filing. Orwin in his last parting shot tried to make it as negative as possible. That was expected. Good riddance to him. Many big buyers and savvy investors picked up shares today and will probably pick up more tomorrow as the the price plummets, but it will start to go back up. I am holding for the news that most longs are waiting for. I think a buyout is coming soon. Hopefully at a price I am hoping.
I know, right... So whats with all that craziness in AH today? Day traders taking profits? there can't be any weak hands ls one. Nothing newnthere whatsoever. If it had dropped below my average, I would have loaded up, alas... If they tank this tomorrow, I'm a buyer!