Agreed someone was buying this up until 3 pm.. Much accumulation going on. You know it was an accumulation and not a short squeeze because there are not that many shorts in this stock
It seems to me that this management does not know how to run a public company. I guess we will see what is up over the next two days at the conference. I have lost confidence with the people running this company.
In a down market professional shorts usually cover. There are not that many shorts in this stock so we won't get a violent short squeeze but a very organized one.
Nail biter here, imo..
Not if we do not get an 10k before the open. Those will be sold with a huge profit today because this will sell of to under $30. I tell you again it is a must that we get 10k before the open or VRX will sell off. I think it will be a one day even but I guarantee you the person who owns them will sell into the downturn. If stock down big time today watch those options get traded. jmho
If you bought calls out of the money and they don't file the 10k before the market closes tomorrow you will lose all of your investment because I believe they will sell this off.. I was just stating that weekly options expire tomorrow at the close (4pm) and not at 7 pm
Nope.. Options expire at the close of the market which is 4 pm not 7. Once the market closes at 4 the options that are not in the money become worthless. So Valeant has to file before market opens. I doubt they will do it while the market is trading. So option traders will be in trouble, especially if they own calls if this 10k is not filed by the opening
Agreed. It is all in axmans hands
Nope... I wish but it doesn't look that way.. I am not liking the way this I stranding and the action in the options market.
This stock spikes very easily due to a small float available to trade. Most institutions holding until at least $100... So that leaves only a small portion of the float traceable below that price.. Jmho
Huge gamble but I think I am on the right side. We will see
we will see