The analysts are projecting $300 sale for Belviq in 2015 and maybe $1B in 5 years. SO why is the stock down? I thought you invest in future growth I guess not in this case or the projections are just plain wrong!
because someone wants more shares. so they went out and bought/borrowed to short a few million shares over a few months, then they are selling them quickly over a few days (with a little help from some 'analysts') and will buy back many more shares than they sold to cover and have a pile of shares going long at a cheap price. retail panics and supplies the cheap shares.
it's pretty simple, and now is a good time as sales are clearly ramping up, the drug is working fine, and DTC is starting.
I think it is inevitable, and now or never in the face of increasingly good news, so now.
buy if you can! I will buy more right now.