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Cubist Pharmaceuticals Inc. Message Board

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  • natelew2002 natelew2002 Jun 27, 2005 5:08 PM Flag

    Ouch!

    You are right. With 3.66 million shares short and an avg. trading volume only a small fraction of this there certainly will be many running for cover.

    With news like this the stock finds a new higher plateau and will likely not revisit the prior level unless they announce bad news in the future.

    If we break the most recent prior high of $13, which seems very likely in my humble opinion, this could be much higher in the teens(or beyond, considering the old highs on this stock).

 
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