I never read it anymore.
They didn't exactly sit on this news for several days. Look at the trading in the last 3 days - at least they told a few "friends" allowing them to get out near $30. Retail will now have to get out in the teens.
You are right. I guess the expectation that they found a "cure" or a way to stop the disease is the problem. Today is the realization that they "only" slow it down. Still a near miracle as far as I'm concerned.
Well now we see why SRPT was red on a big green day yesterday and why it got killed the 2 days prior.
Some people knew the results were not good a couple days ago and sold. So, how did they know? Who did they pay to get the data in advance?
Then we will see if the institutions support this or not. If not it could get very very ugly. There is a gigantic air pocket below the 200ma, largest I've ever seen.
OK thanks winterlion, I hadn't heard of the 12 ounce cup story before. Is there a link to that, or if not, how did people find out the mother said that?
That story about Evan is a little concerning, but not overly clear - meaning is this doctor just saying this (i.e. he will be in a wheelchair soon) based on his normal experience with DMD patients or does he know something about how Evan is doing on Etep? Not clear.
...with no end in sight. The beast has awoken.
lol, just a matter of time
because the article is in Barron's. Barron's is a known short sellers garbage rag disguised as an important long standing Wall Street source of relevant information. In reality the short hedge funds pay Barron's reporters to write negative #$%$ when they get on the wrong side of a trade (like with GILD). They can't play fair to earn their income so they cheat. They also pay Yahoo to keep the article on the front page. The same is true at Motley Fool - another short sellers mouthpiece.
...and the water is about to get very deep....