other pharma's did not have a vollume surge. though i notice
that VZ and T had huge volumes today ... all 3 big div payers,
but then so are the other pharmas ...
anyone have an idea ?
Today and tomorrow should prove interesting.The American Board of Cardiologists will discuss Eliquis and its use in atrial fibrillation at their CHICAGO convention.Overnight activity might be a precursor to tomorrows opening of BMY.AIMHO.
Maybe good news coming and some large investor wanted in before the weekend. Makes sense. They wouldn't release bad news before dividend week. A lot shares bought in the after market and the shares were only down .07. If they were dumping it would've been a lot more.
Here's hoping to good news!
More than double the regular volume today.
Only thing I can think of is a Med conference this weekend won't allow Pharmas to discuss their findings on hep c 1 drugs.
Maybe some large hedge fund was counting on good results being discussed and now jus sold off? Just a theory.