How many times have you seen the volume or share price or both explode, before the news becomes public knowledge? Is this going on today with Alimera's high volume ? or is it the same as what happened with PSDV last week. We all had our opinions but as most said, time will tell. Alimera has had a good run but the volume has been quite low of recent days. I'm going out on a limb and say that something has leaked but it's hard to determine if it's good or bad news with the fluctuation in the s. p. as of 3:00 p.m. Anybody got any thoughts?
Tom, It's just a market move like happened to PSDV last week. I don't think you can read anything into it, you couldn't read anything into last weeks move for PSDV either. Profit taking before earnings....maybe, why not? Alimera is up big if you bought at the beginning of the year, why not take some off the table? At the same time PSDV's upside is larger than that of Alimera for all of the reasons we've discussed over the years. Let the traders trade, you don't see any of PSDV's insiders selling any shares do you? I'm holding for the news come October and beyond.......I don't believe anything leaked. Stocks go up and they go down. For those accumulating any company, when it goes down someones still buying it, they just got it cheaper.JMO