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Exelixis, Inc. Message Board

  • ilygod ilygod Mar 27, 2014 5:59 PM Flag

    Washed out all margin purchases

    MM had to absorb the massive dump from many fund managers. Shorts knew this and pile on. It cleared just about all existing stop loss and resulted in the catastrophic drop in price. The trial is not over and there's many new trials in the pipeline.

    Two funds had over 22 million shares. I don't think they were banking on Comet1 results. They are in it for the long haul.

    Buy here and hold until 2015 and you'll likely see 100% return. If the trial is positive, they we'll see 1000% from here.

    Count the past few days as an opportunity to buy when fear rules the day.

5.47-0.02(-0.36%)Nov 27 1:00 PMEST