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Tesaro, Inc. (TSRO) Message Board

  • jpaladin123 jpaladin123 Jan 11, 2014 10:31 AM Flag

    the primary down trend still perfectly intact

    That down trend includes a horrific drop from 40 to 24 and now with a little short covering to book profits we are right about at testing the 20 moving average down trend. I had a position then and cut my loses. Nothing has changed about the company to justify this 4 day run up, no news, no nothing, just short covering which will evaporate and TSRO will resume its plunge. Don't ignore a 40 percent drop. Nothing drops 40 percent for no reason.

    Sentiment: Strong Sell

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