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ACADIA Pharmaceuticals Inc. Message Board

  • wpharmachick wpharmachick Feb 6, 2013 9:25 AM Flag

    2 things I would like to see

     

    1. SA trades exposed through the courts vs. their commentary.
    2. YMB gives us an option to only allow news from trusted sources like my broker does.

    Every once in a hile I read SA. They are always pumping or dumping intentionally it seems to me.

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    • wpharmachick, - imho,

      SA articles - are a blatant use for the purpose of stock price manipulation, [illegal profits] Specifically written to affect low volume small bios. Unfortunately, the SEC has bigger fish to fry.

      from Bloomberg Businessweek magazine - Jan. 21 - Jan. 27, 2013

      " SAC Capital is at the center of a six-year investigation into illegal trading.

      When a former trader from Galleon Group was asked what the word "edge" meant to him, he laughed and said that from the day he started at Galleon to the day he left, it was probably the most commonly used term around the office. It was such a priority, the trader added, that if you didn't have it, you'd be quickly left behind. It meant that you knew something others didn't. Another trader - a witness in the government's insider-trading investigation- was asked if he knew of any hedge fund that didn't traffic in illegal information, according to the person familiar with the inquiry: No, the source answered, they would never survive. In this way, trading on nonpublic material information is similar to doping in professional cycling: Once someone like Lance Armstrong starts doing it, everyone else has to as well. "

      you have the 'edge' - balance of power.

      gltu

 
ACAD
20.73+0.57(+2.83%)Jul 23 4:00 PMEDT

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