Read it and weep!
They all took a big payday. Kiss all that talk of a PFE buyout goodbye! $7.13, we wont be seeing $7 again!
I think that you're posting on the wrong board...
All other biotechs getting crushed by FDA rejections, but PLX holding up pretty well AND they are one of the very few who received an FDA approval.
Go torture the ALXA and TLON boards.
at least we are on the same page regarding your use of lies and scare tactics since you're not disputing this.
the insider selling was such huge news that the stock is down a nickel. is that your definition of bleeding? we'll see where we end up at eod.
davie boy, the goal here isn't to make money but to make A LOT of money. getting happy over a nickel here and dime there on tiny swings is nothing to be jumping for joy over. but then again, that's what you traders do; high-fiving each other over a small gain of a few percents so you can go splurge at your local walmart.
I have nothing against this way of making a living; my problem is the lying, bullying, and scare tactics you short clowns go about making your pennies -- it's disgusting.
ok. here it is. i was long 5000, @ 6.20, shares til the day before the announcement.
i sold them in the afterhours at 7.40.
the next morning the stock hit 7.70 as a high. i shorted 6000 shares at 7.31 avg.
after this news, it appears i will be out monday under 6.
been investing since the early 90's. i have a system that im successful with and been using it all along. this company will be in the 5's by the end of the month.
WATCH AND LEARN
Why cant shorts just make their bets? Why do they have to bash and call us longs bagholders? Maybe they arent too confident in their short position and try to move the stock by posting their fear mongering? Sounds like the shorts are lacking confidence in their positions.
bender or bentover, it's just a name, did i hurt your feeling? what are you, a child who get's his feelings hurt over a little fun with names?
will the stock go to 5? yeah anything is possible and it wouldn't surprise me if it goes lower especially if the market turns south. so, why would i apologize to you b/c of vol?
unlike you, i never claimed to be a trader. when the price of a company i'm long drops; i don't sell, i buy more. why do you think i don't care if it goes lower? market timing are for fools -- i mean traders. i don't depend on trading for my daily bread so what if the price drops in the near term? does the company's intrinsic value get any less just b/c volatility takes it down from 7 to 5?
how about this, i'll buy more when the price drops to 5 and you continue to short until the stock price is 5? please continue to short.