no true retail long is looking for today/friday script # to pull this pps out of its manipulative downward pull
retail longs know esai needs more time to unfurl a successful commercial rollout of belviq w/in & across usa.
we can live with temporary #$%$ cause we believe longer outlook will yield mandated short covering to the tune of 65 million short shares (give or take).
todays price action, for me , is irrelevant.
Maybe. But longs who bought at $7 $8 $9 $10 $11 didn't expect what they have watched either. Yes they can average down, but it doesn't feel good to know you could have gotten in a lot cheaper, and maybe even cheaper.
I know I'm long Arena and expect to see a dramatic improvement soon!
pharma..........first of all don't give the enemy "your deadline" such as " im gonna sell if pps don't go up a buck within 2 weeks"............ cause you know, in that case the enemy will clamp down on pps for the next 2 wks to take ur shares............
read the art of war or take a class in contract law .......... anyway option Friday is not the day for likely surge........unless scripts unexpectedly busted out- which I seriously doubt, for todays data.
just a thought - no personal attack here