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Neurocrine Biosciences Inc. Message Board

  • holywallst holywallst Jan 8, 2014 10:29 AM Flag

    Get ready to buy CALLS at the next dip to $17 again

    and then sell those CALLS at $18 again, rinse & repeat. looks like the MMs will play that move for now until they try a new trick

    Sentiment: Strong Sell

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    • I'll hold my shares that are short and wait until it drops plenty. Not going to cover and do a quick flip and aid the longs one bit. Obviously some aren't confident of their position and have already covered and bailed which is keeping the price up. Longs are risking losing potential profits if the price keeps drifting down. The big shorting is yet to come, and when it does this will drop fast like it went up. Then longs won't have to decide if they want to bail or not. Stop losses almost always get taken out after a run up like this one had.

 
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