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GlaxoSmithKline plc Message Board

al.zander 1 post  |  Last Activity: Sep 29, 2015 1:32 PM Member since: May 9, 2009
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  • Lots of short covering happening at these levels considering there was short interest in excess of 4.5M as of 15 Sept with an 12 days to cover at that point in time. Obviously more shorting occurred since disappointing press release. Probability of lower share price is unlikely....potential upside outweighs downside risk IMO! I expect to capitalize on a a good run prior to market close at a price of $2.00 Will close out position and re-evaluate in AM. Good luck to all....

40.22+0.06(+0.15%)Oct 9 4:00 PMEDT