just thought i'd make a proper disclosure that i do currently own around 60K shares worth around $286K in this stock. my average price is around $5.36.
will look to up stake to 100K shares in the next couple of days if we hover around this point. i've asked some of my hedgie friends to look into this stock for me. current plan is to hold on to this stock for a year or so, or at least until fair value is hit around $9.40.
will post more if i do any more analysis. i'm currently also in HPQ and CTRP, which are due to report in the next 2 weeks. do the iwatch on these too! big money momentum is definitely behind these two!
i have to say that i too have hedge buddies and Ursus Capital who has/or had? a big position in this stock has been dead wrong on supg. and another guy i know who runs his own fund has been negative on supg for any real short term upside. i dont know who you are talking to but in the short run supg will, i think remain weak. i do not see what may drive the stock higher, other than maybe stronger than expected dacogen sales, but i would not put my 25k shares on that investment idea. i sold.