The street understands that the average pumpette isn't too bright. So they park the stock at $5.50 for a while then the pumpette only concentrates on the fall from $5.50 to $4.75. The pumpette forgets that it actually went from $6.90 to $4.75. They are conditioning you to believe that $5.50 is now a safe place.
This is how they rob $225M. The first $130M was a piece of cake for them.
Well you shorted and you can wish but it’s not going to happen. Why? Very simple, lots of folks jumped the gun on buying the stock while SGI-110 is in early development, so now they have a slightly unfavorable price point.
Now eventually the selling pressure will cease do to the selling by the “bonus babies”; added to that new stockholders will want to cost average (if they are smart).
The news of SGI-110 going into a phase lll; that news alone will propel the stock to new heights.
I told you exactly what the market was doing to you as they weaken and strength and how the pumpettes took the bait and ran with it. Again I'm providing you before it happens, exactly how they will hook you again. The pumpettees have already started to focus in on $5.50. Mention by at least three of them.
Now watch how astex steps off the platform, does one and half and lands on it's belly. Thank the pumpettes for their key role in how $225M just vanishes. I wonder what the excuses will be when this happens. Can we have a drum role, please. This is going to be worse then watching the show SPLASH. The key here will be the entry into the pool, Pumpettees will say it's a 9 or 15 long term.