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In wall street lingo, it's called a smokescreen. Why do you think EXAS released the "good news" so close to PDUFA date? It's to soften the blow of the bad news!!!!!!
The results out of EXAS were off the charts, including the 64% PRE-CANCER sensitivity.There are 3.2 million shares sold short, and 2.5 million have been at an average of roughly $4.00These guys have been hurting big time, until they sold another 210,000 shares on the re-opening, blasting the stock down to a low of $6.25Recently an analyst upgraded his price target from $7.50 to $17 per share.The current price of 6.72 won't last long, in my opinion.Not with a market cap of only $275 million and a most impressive Validation Study result that was performed by the MAYO LAB!!!
exas hit the homerun buy as many shares as you can under 7 bucks tomorrow you'll thank me in 2 years!!
Down 22% in AH! Thes bios are so stifling regarding manipulation anymore!These hedge fund shorties could find a million ozs of gold lying in the street and spin it as a negative event!JMOKutz