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ONYX Pharmaceuticals, Inc. Message Board

  • dr.vinmantoo dr.vinmantoo Jul 3, 2013 11:17 AM Flag

    really enjoying the burning of the shorts

    It is so much fun to watch the desperate series of posts by the resident board troll, who was severely burned by the rapid jump in ONXX stock price.

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    • Well, I've shorted stocks frequently myself. And, of course, the large short interest here is part of what has propelled it upward. It remains to be seen how much of this is left. Except for gambling on some puts, I don't understand why anyone would be short stocks like this. There is always explosive potential to the upside via acquisition, some unexpected FDA approval event, or the release of some favorable trial data. Every now and again, an AFFY or a CLSN implode; however, this was not a one-trick pony, but a company with a whole portfolio of promising oncology drugs.

 
ONXX
124.700.0000(0.00%)Sep 30 4:00 PMEDT

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