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Idenix Pharmaceuticals, AŞ Message Board

  • doccf doccf Dec 24, 2013 12:51 PM Flag

    late december action

    stocks that act like this in the day or two before xmas more often than not keep rising into year end if they are near 52-week highs, especially if there is high short interest. combine that with the knowledge that seth klarman owns almost 1/4 of the shares, and the risk-reward looks favorable short term. finally, the stock has already retraced about half its max gain today, which is often the case on strong volume pops like this. Look at the stock action after it popped $1.33 off its bottom on 9.2mm shares on november 1.