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ACADIA Pharmaceuticals Inc. Message Board

  • monsieur_bojangles monsieur_bojangles Dec 7, 2012 4:33 PM Flag

    How low will this go?

    Never thought we would be below double the pre-results price of 2.30, but here we are. Maintaining my long position, but worried that shorts and dumpers are manipulating the market price. Like it or not, this definitely affects the price increase or decrease due to future catalysts. If the company decides to dilute, I can see the price dropping into the upper 3s, which seems absolutely ridiculous considering we have a safe, .001 p-value, ph3 drug in an untapped market. Management needs to stop the bleeding with a CC that indicates the direction they will be taking in the next few months.

    Sentiment: Hold

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ACAD
48.21-1.09(-2.21%)12:38 PMEDT