All you need to know about this stock is that the insiders have been jumping ship for months. Don't listen to the obviously paid shill yassen_gregorivich. He is clearly an insider (or being paid by them) to pump the stock.
No. Why? The stock moves based on market forces, pressures, outlooks, etc.
With Obamacare about to plunge this entire country into depression, things aren't as rosy as they used to be. This can be seen across lots of biotech stocks including AEGR. You make it seem like it is AEGR specific, when it is not.
ARIA dropped 90% in the last week or so.
ACAD dropped 8% today.
ARNA dropped 50%+ in the past 6 months.
CLDX dropped 8% today.
CRIS dropped 22% today.
INSY dropped 6% today.
ISIS dropped 4% today.
VVUS dropped 12% today.
LOTS of biotechs are down today. Should everybody feel "suckered" because speculative stocks took a hit? Nope. It is part of the risk involved, which is why we only put a small percentage of our money in them.
Only a complete FOOL would put 100% of their money in a short like AEGR and lose it all.
I'm with YG and feel totally confident that the pipeline will prevail. Once they buy out Jamba juice and get all of their patients on it their lipids will drop like stones and the company revenue will more than double. They also have another MTP inhibitor in the pipeline and are working on a six patient study. Once that is out you'll see sales triple. Glad I listened to YG and went out and bought another 100K in the stock t