VVUS has risen quite a bit in the past few days ... so will there be profit taking that will sink the stick tomorrow ?
Instead it will climb even higher !! How do you like that shortie? :)
Sentiment: Strong Buy
Looks like a big NO.
uh, based on the 0.92% monumental rise today? No, I don't think so. People are going to wait for the surprise approval by the EU and then it will quickly shoot to $30 then $36.
Let's make a bet, if official news of EMA denial does not push the pps lower you win I lose. If it does, you lose. We can find a reputable institute and make the bet.
Sentiment: Strong Sell
Every RX written is 6k of income over 5 years. in about another 6 weeks they will have sold enough to pay the sales force for the year. The rest is gravy. No partner, no warehouse not TV ads. Just gravy.
What goes up must come down, that's the rule. Greedy will get you slaughtered. Watch out for EMA official denial announcement, will dent the pps greatly. Check money flow, negative for VVUS.
Yeah, the EMA denial is old news and already dented the stock. It will only go up from here. Nice try though. You'd better pray they don't actually approve it, then your short will be crushing.