Wow... all the misconception over the recent stock deal. Once you understand the money it raises for ALNY and the liquidity this provides larger investors as the company becomes a large Pharma player, you will see this is good for all longs.
The volume backs up on what is posted here. Don't let shorts fool you this company is heading back higher and towards the $40 trading range. The most recent upgrades were conservative to be sure,
Don't forget the recent advance ALNY has discovered in delivery of it's technology.
Do your own due diligence and fact checking and see if you agree?
Congrats to people who were long today. I could not make sense why 1M shares were dumped yestd and 3+M were purchased today. Did some take profit on run from 7-13 yesterday? Is this the risk-on $$ moving in biotech names today? Is this JPM and its network ganging up on an undervalued stock? Looks like a 11-13 range is in place for now. But It looks like the next move is not below 11 but above $13. I will look to add some on weakness if it happens. I like the trade but I am not a long term holder to see $40. For that you must be very patient and assume a lot of risks.