Pretty decent volume today ... rally capped by shorts, but accumulation after that? Other bios were up on low volume ... TROV, up on strong volume.
And, conversely ... NO sellers, either! Cue the music ... "The Good, the Bad and the Ugly". I think we know who's who here!
No need to pump it. Look at today's volume? A big fish took out nearly 400K shares today. And, don't say there had to be a big seller. Looks like MMs have been gathering shares to fill a pre-arranged sale, imo. There was interest! Let's see how this plays out, shall we?
You won't be buying under 4.50, and you know it!
So what ... small biotech is backing and filling some of last week's gains. Tested previous resistance at the $4.80 level. All good!
That is not how it works. If your shares are in anything other than a cash account, the broker can lend them out for shorting purposes without your consent. Also, what broker do you trade with because Scottrade and Schwab would not allow you to put such high sell limit on your shares. They both limit the upside limit depending on current share price. FWIW
Thanks for current info. Those that see through all of the FUD here will benefit ... Risk/reward at $5? No-brainer!
And, even more rare amongst certain posters! FWIW, mann ... I believe you and don't feel the need to challenge everybody's strategy or perspective. We're all adults here ... let the chips fall where they may!!
P.S. AVXL has been a rocket of late!!!
Who knows, but "someone" just threw a 25K block on the ask at $7.50 ... trying to put up a little roadblock? It WILL get taken out!!
That is not true. Urban legend. If your shares are in anything other than a cash account, they can and probably will be available for shorting. No biggie!
With potential news, more upgrades, you've got to be in it to win it. Add on dips!!