Any explanation as to why AKRX went down 6.37% today??
After testing the 50 SMA several times, it finally broke down on strong volume. I sold last Thursday at 14.55 after the lawsuit PR was released. I don't know what affect the lawsuit will have, but it was enough for me to sell and put the brakes on.
this thing is headed back to $5. Drug shortages are close to resolution. Lawsuit is irrelevant.
Sentiment: Strong Sell
This is the next QCOR. A competitor will likely enter Nembutal within 6months.