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Curis, Inc. Message Board

  • market_ace market_ace Aug 27, 2012 2:02 PM Flag

    Tight trading range

    Shares certainly are not flying around; little bits of trades going through. May be post-Labor Day by the time we see any real volume here in CRIS. Of course, that means we are closer to Sept 7 SU2C airing and another Q of Roche's E numbers. Anyone out there ... it's been quiet....

    good luck -

    Sentiment: Strong Buy

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    • And there is still NO logical explanation, fundamental or technical, for the recent $1.40 drop in price. As someone here once put it, "that's a car".....or a small boat, or a kitchen renovation, or a semester's tuition, or whatever you want to name. As the saying goes, "It's in the game.", and I'm still a player.

      Sentiment: Strong Buy

      • 1 Reply to l0ngcast
      • The 'logical' explanation is that 'someone' - who IMO shorted heavily immediately after approval - has been taking advantage of low summer volume to drive the PPS down as hard and fast as they can, and chew up short-term longs who expected a continued rise after earnings were announced. I'm cynical enough to believe that these types of shorts could care less whether CRIS sold cancer cures or ornaments - it's generic shorting. The only surprise is that institutional longs have done nothing to defend the stock - probably in the Hamptons.

2.61+0.14(+5.67%)Sep 30 4:00 PMEDT