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SciClone Pharmaceuticals, Inc. Message Board

  • dlangend_01 dlangend_01 Jan 18, 2013 10:10 AM Flag

    Odd Price Action

    The last three days have had some odd price action - up and down with large swings - no rhyme or reason - maybe option settlement?

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    • I believe you are right. SCLN is under valued so there are buyers but the options expire today and the MM's will keep this below a $5 pps. This has happened many times in the past. Next week will be better.


      • 1 Reply to bhakes_98
      • This looks to be a case of 1) option settlement 2) selling by a large holder who is gauging the impact of negative surprises should they come.
        I don't see bad outcomes from the latest company discussion with analysts. Wholesaler inventory levels did look high but, a recent agreement with a large wholesaler who has access to more volume purchases, with sales support from SCLN demonstates good reactions by the company to the issue. Working the sales channel is what is needed and if they succeed then sales collaborations with the big pharmas can be sustained and grow.

        Sentiment: Strong Buy

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