Have you seen some of the "anylysts" reports on some securities? Pathentic, work by wall street.
It is not a big surprise that many of these wall street firms had been investigated and new rules and laws had to be put into place. It seems some just look the rules and good due diligence in the face and create whatever suits their needs.
I suggest you do your own due diligence and don't rely too heavily on any "analyst" report from wall street.
My opinion is completely different on VVUS, I believe they are on the right track and will be in good shape to grow and increase revenues. I think when I match them up against similar size companies VVUS out performs many of them. Do your own homework and dont buy or sell based completely on what you read hear or by these pathetic anlysts.
Don't disagree with a lot of what you say, but your opinion doesn't make the stock retreat nearly 10% in one day. But PJ knows that theirs can. If I like the stock, but they're going to drive it as close to 3 as they can, that's where I'd rather buy it
They may be able to take it down, but this stock may be a unique situation. They really need the institutions to back them up on this. I dont think that is going to happen and I think the stock is so far over sold that any positive news may trigger a short squeeze to large and so fast that the small retail investors wont get into it until its much higher in share price. Just my opinion, I havent seen anything to tell me different.