Just another piece of news that "today" means nothing
So many people hang their hats on waiting for these trivial news events and when they happen, they do absolutely nothing for the stock. The price ahead of these announcements goes up not in anticipation but rather it's the shorts covering so they can knock it down again when and if the news is positive. Like it was today. They are poised and ready to combat all upward swings with heavy downward pressure. as long as they are in control, this will happen over and over again. Yeah you can accumulate along the way but people have to stop dreaming that one piece of news will change the world for them. Wake up people, it don't work that way. I too just bought back in a few ago at higher levels than I planned on just because I didn't want to miss out. Miss out on what, a cheaper option to buy back in just under a week later. MGM2020 is a glorified cheerleader and always seems to have money to keep buying more shares. If you have that much money to play around with, why aren't you playing with the bigger boys like Netflix, Apple or Google. Why are you wasting your time on a small bio board. I wish people would keep their opinions to themselves. I'm outta here.