Cramers street clowns and GHDX accumulation and short interest (Baker Brothers)
The strong short position and covering recently imho is the Baker brothers who I have long believed are making money playing both sides of the trade ( and accumulating)
I know why Cramer and his street clowns are popular,they are based on ignorance.
Every serious Genomic Health investor knows that GHDX spends far more than others in R&D., they even have a new arm of the company headed by none other than Baker.
Add bios strongest venture capitalist into the fray(Steve Burrill) with investment in GHDX overseas operation and you soon see the stories for what they are.
by the dips and laugh at the clowns.Cramer is the streets funniest stoolie.
Ya must be smokin' sumthin to think the Baker Bros. manipulate the share price in this, or any company they own. Their average holding period is 3-5 years and they don't short their own stock. They are the largest shareholder in GHDX and could easily conduct a private placement if they wanted to accumulate more shares. The dump today was simply a "risk off" trade that triggered sell stops. You will double your money in this stock in 3-5 years. Over a hundred million in cash and no debt. Sure, it could go lower, and if it does I'll just buy this gem at a discount.