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Jazz Pharmaceuticals Public Limited Company Message Board

  • diabeticinvestor diabeticinvestor Aug 21, 2010 4:07 PM Flag

    Why JAZZ may collapse up to 80% Monday

    Take a look at the total amount of shorted shares-1.3M total shorted shares in jazz. That covering will be eaten by jazz in the first 3 minutes of trading Monday. In fact, considering Friday ah and Monday pm there actually may be almost no shorts left. Because the pps isn't expected to stay in the $7 most shorts will not choose to go long with their shares. Meaning what? If there are no more shorts to cover who the hell is going to be buying???? Nobody that's who. That leaves one massive abyss this stock is hovering over. Add to it-

    Institutional dumping
    nasty general market
    analyst downgrades
    near unanimous rejection

    Vvus collapsed to the $4's and remember they have $100M in cash, have a revenue stream, almost zero debt, a close panel decision, the stock is more popular and a their drug has a 15x larger revenue potential.

    It's really not out of the question to see $2-$4 being jazz's new trading range Monday forward. I don't think people realize how bad it's going to get here. Put buyers will make a fortune. I say $2-$4 will be Mondays range. Call me nuts but i just don't see it any other way.

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