Last 4 days shorting, covering, reshorting 4-5k shares at a time has been some nice cash. I truly believe another dilution to be coming, so I just keep coming back for more.
Why do I think dilution:
1. Insider selling, they would know its coming
2. PPS is very good right now, a great time to issue more shares to get the most out of a dilution
3. They diluted 3 times last year by my count (maybe there was a 4th). Their financials have not improved since last year, in fact they have worsened. Their losses per quarter grew 23% to 6.8 million last quarter, and they are burning up their 100 million in cash. We are almost half way into the year with no dilution yet, so one is over due.
380,000 shares heavy insider selling?????? you are a #$%$ lame #$%$ moron! if there was 4 or 5 million shares being sold i might be concerned. i believe you are the one scared because the market is trending down big time but ACAD still holding above 12 per share. if REAL investment people were concerned this would have been back to 8 a share 2 days after last thursdays new you freaking LOSER!
If this was anything but a drug for Parkinsons, this would be in the 10's maybe even 9's. There is alot of emotion for the disease holding this price up. Once the price corrects, it will be a great buy!