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  • cwtripps cwtripps Jun 29, 2009 4:31 PM Flag

    Capitulation in BIIB today on heavy volume

    ......reversal

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    • cw-as an eln long-I hate days like today-the vol says this was not just manipulation and someone was unloading. So why?
      Well pml is now been reported in each of the last three friday reports. That seems an escalation. I think also the market is saying bs to these well placed source reports. No one knows what that means when they say selling chunks. is that another part of ty and part of alz or are they getting rid of ty and ab001 altogether? Furthermore I think the market is suspicious of the timing just as friday comes and a new pml is reported. Was this management trying to stem the downwash of the pml report. I mean really a well placed source had to have the ok of management to release. There is just alot to be skeptical of and I think some are just sick of it. I plan to stay for the final inning but you must admit today was a discouraging day. IMHO BBBud

 
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