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Response Genetics, Inc Message Board

  • swingtimealltime swingtimealltime Apr 5, 2014 10:01 AM Flag

    Volume and the Future

    First post but have been watching and dabbling in this company for some time.

    So here's the thing. I'm impressed by the volume this week, which no one's mentioned. It's most in a single week for many years, maybe since modest IPO before the market crash. Well over 10 mill in volume, the majority buys.

    To me this seems more than a news play, since it lines up with CEO's guidance and rationale from the recent call. Improving margins and serious growth in sales following the 2012 strategy, now 6 new markets plus existing CA market (and NY I believe). GSK is still in big, and they're thinking global. Very little debt and improving margins on new revenue streams. And we saw institutional shorts covering hard even on a very bad week for biotechs. This looks like a swing with 5x or more written all over it.


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