It's either a headfake but the alternative reasons are myriad for it not being a headfake. This time of the year is traditionally biotech and stocks in general selloff. At some point there will be a pretty sharp correction in biotech and i haven't seen leadership by biotech as of late. A basket I follow haven't responded well.
I bought six, but I'm expecting them to expire worthless. More of a hedge so i could take profit on some shares. But I did get some AUG 250's. If they want to move this up they'll start the buyout talk.
I think they are moving out of biotech..
Really can't go against George of the jungle being that he's a friend to you and me. So I'll buy back in if it's sell on the news.
I've changed my mind. My guess is that they won't be able to ignore the SCID results, at minimum for a pretty good sized pop in the morning.
Look what they did to AGIO on great news. If they can make more money selling off that's the direction Blue is taking. Nice thing is they have sold BLUE down. Actions of mms are often contrary before a big event.
Timely post on what many were thinking. Still think they'll sell this one off as they do with so many biotechs on news and valuation. It's never easy money.
When and where will we be able to access the new data? Blue didn't have it on their website?
Always the "perfect" trade with you guys
Shhh! Tell the shortz July 4th. stockrigger, jo-kell, gizzy, meatbalss whole crew have a lot of slow to go with all their meanness.