A few days ago the large short contingent took a concerted, coordinated and measured strike against Avanir. The same people that brought a congressional inquiry into N pricing a few months after its approval, chose the week of the patent trial (after speculation that there would be a complete settlement of claims) to publish a voluminous hit piece audacious in its disregard for the truth.
The shorts yelled fire in an AVNR theater that is has over the last months become increasingly crowded and who's admission ticket is becoming increasingly expensive. Long time longs like myself looked around the theater during the pandemonium, admittedly a little taken back by the brazenness of those yelling fire but mainly amazed at how many people who paid good money to see the show left so easily and quickly when it was so obvious that there is, in fact, no fire.
So, here I remain in my very good seat, bought at a very low price.
The hyenas and monkeys like rim and ray now walk down the theater aisles and mock those stupid enough to get scared off and yet, curiously, also mock those like me who ignored the false alarm.
But we hardly hear them any more.
Because there is no fire.
Hyena Ray is walking up and down the aisles of the Avanir theater non-stop all week-end yelling "Fire" and asking people why they are still here in spite of the Fire.
Some people think they can reason with this Lying Fraud and demonstrate to him by using facts and common sense that there is no fire. Some people are pathologically naive when it comes to Count Fraudula's agenda and motives and are unwitting tools of this Fraud because of this naivete.
"The hyenas and monkeys like rim and ray now walk down the theater aisles and mock those stupid enough to get scared off and yet, curiously, also mock those like me who ignored the false alarm."
I don't recall mocking anyone.
Could you provide a quote from one of my posts to show what you are referring to?
Or are you blindly name-calling here?
Winkles, brilliant post! This is a well coordinated attack what with the dead cat bounce follow up by TheStreet.I I suppose there is a notion that if there is no settlement before the testimony in October that we may not have a ruling from Judge Stark before mid December. I'm not sure what resources AVNR management has to throw into the fray, but a settlement, to counter whatever the short side is planning. At present the numbers offer little comfort. The big story is whether the tutes remain in their seats.
Holding on with both hands
Speaking of real news, my sources confirm that Avanir will in October began a second round of advertising that will expand on their previous efforts. I am not at liberty to go into more detail.
Stay in your seats, longs.
You just posted exactly the type of trash you blame "the street" of posting to include not being at liberty to go into more detail.
Sentiment: Strong Sell
Thanks, Winkles. Your ability to carry that metaphore through was quite a nice read; it made me feel at ease which is something us longs need these days. IMO, i think this is even farther reaching, that there was an incentive to the remaining two to take it to trial.
No dry powder: the only regret I have right now.