this stock is for long term shareholders only period. let the shorties keep adding to their positions at below $5 .
then why are you here ? just because you've bought and sold and made small change doesn't mean you need to talk trash about your ex GFs.
the majority long term longs here on this board have various average prices ranging from $3.4-4.6. The shorties are at average prices of $4.2-4.6. So you can't say they are in a losing positions. Besides its all profits from winners such as pcyc , icpt gild etc. if you say this is garbage then join the 2 million shorties out there. . put your money where your mouth is.
If you ain't interested in cycc . Why bother posting here and checking CYCC prices in pretence of warning newbies that this is a trash. We know what we are in for. ITs small change to longies. Its money that's dispensable. but for the shorties, they know their risk vs reward as well. so let's see how this story ends.
doesn't matter . small change to longs . all here just using profits made from pcyc , icpt to buy cycc. . its better than buyin a call option on appl . no expiry. whereas you shortie, should it close above $10 this March , you better get ready to sleep on the streets of brooklyn.
doesn't matter to us longs. Its dispensable money . all ready to be written off. But for you shortie. you may end up sleeping on the streets should this at least triple.
shouldn't be spreading unsubstantiated rumors just to drive up couple of ticks. The last thing you want is momentum traders in this stock. If you have insider news then just buy it up and wait for the harvest .
Stocks somestimes dont' need news to drive it up. Once we are rid of the short term mo-mo types, those momentum longs who turn on the dime ,surprising things will happen. today's volume is good. good patient longs will reap the seeds sowed.
its dead money to you . but its small change to the longs here. not life or death . its long term dispensable money. and its longs' money not yours or uncle sams. CYCC Gives us something to look forward to tomorrow or the next month or the next few years. Its just like the drug to the leukemia patients. gives them hope to live longer and the spirit to carry on their fight. its not a death sentence yet if you have AML or MDS or ovarian cancer etc . you won't understand it unless somebody close to you is fighting the same fight as those taking sapa now.
1) Lemme ask you then which stock out there has an immediate catalyst. Which biotech company will see an FDA approval this month
2) if you think its going to sink just borrow another 2 mln shares and go short this at $70 mln market cap and buy back when its $30-50mln. shorties average prices are at $4.2 -4.4 . I'm sure they 've calculated their risk vs reward well enough to borrow 2 mln shares to short.
if you are a long . just ignore the day to day . for low liquidity stocks when we are short we love to dump down in big volume to friendly parties to create fear and bring out sellers. there's almost 2 miilion shorts out there now. buyers left are the long term shareholders. It just market makers and short sellers dumping and churning from left pocket to right pocket. short term traders should stay out of low liquidity and low market cap stocks. just sell and move on.
prices are arbitrary. Market cap fellas . market cap. at $10 market cap is just 180-200 mln. i'm glad we have a ton of shorties out there shorting this fella . cos when the news is out. these fellas will go bust in 2 days.
short interest in ICPT relative to the float was high. what a nasty surprise . waking up to cover at 5 times the average price. those shorts were in at $50 average.