I would never short ICPT. You are playing Russian Roulette by doing so. You never know when some positive catalyst will be announced. You also as a short, have to be thinking could some big drug or pharma company come in and pay just a crazy price and take ICPT out. With the stock trading less than half of most analyst price targets you have to be nutts to short this company even more now with the recent Breakthrough Designation Status. I have started to buy again as I think it will start to settle down around these levels and then make its climb back to old highs in a year or so. Just buying dips in small amounts to accumulate a position. Good Luck and screw these idiot Genfit morons on here. They are dumber than a box a rocks.
You don't know and nobody else on here knows what is going on. Funny how people on here really think they know something. You don't cancel an investment meeting or cancel the listing of sales jobs for just a filing on a NDA. Let's all stayed tuned and let the shorts scramble. That is the fun part.
you never know. As long as they keep growing, people love their product, long lines at all the one's I have been to. Never seen a line to get in McDonalds. If it doesn't work out then you move on. If it does, you could have some big time gains the next few years. Chipotle was trading at the same price as Shake Shack when they become public. Over $600 now. I will take my chances. Okay, let the name calling begin.