i wouldnt be surprised honestly. ino is a hugely popular stock for the traders and those responsible for most of the volume. ino has followed this pattern of big surges on positive news or speculation, then tumbles during the lull period. this has defined ino for the past 6 months or so. it was 1.70 then 2, then 1.90 to 2 again, up to to 2.90...now back down to 2.8. will not be surprised to see 2.50 or lower come friday.
all the longs here cant seem to accept the realities of the market and how it is NOT predicated on science. it doesnt matter how awesomepossom ino's science and pipeline is.
i continue to make money on ino and buy on the dips and sell on these kinds of surges. will i miss out when big data comes out...unlikely as i do maintain a long position but imo this kind of strategy is more lucrative than someone who sits on their .50 average and hisses at anyone who doesnt worship at the alter of dr. kim.
There you sit like turds in the wilderness, turds in the wilderness, turds in the wilderness, turds in the wilderness. There you sit like turds in the wilderness waiting till you lose it all. Waiting till you lose it all Waiting till you lose it all Waiting till you lose it all. lol....