im thinking they are in buyout talks as we speak, mm's taking out a lot of stop losses to then only rebound. As soon as the news breaks we will definitely see double digits
ARRY " WILL" be bought out before EOY FACT !!!!!!!!!!!!!! Institutions own 90% of the float, that should tell you something. Also look at all the SEC filings in the past 3 months
Yesterday the Nasdaq took a big hit, while ARRY climbed .13 these are the MMs accumulating shares without much notice. Today at the opening ALOT of stop losses were taken out to accumulate more shares. Buy and HOLD the BIG news is closer than you think
Drugmaker AbbVie Inc (ABBV.N) said it will buy Pharmacyclics Inc (PCYC.O), the maker of blockbuster cancer drug Imbruvica, for about $21 billion to boost its oncology drugs pipeline. Look for consolidation in the cancer industry
I believe all the pieces are ready to be bought out now,
1) 85 Million dollar infusion
2) A single PR today /. Normally ARRY will have at least 3-4 PR's for BIG news like today.
3) Another resignation.......hmmmmm Cutting the fat foe the new owner ? Who needs 2 CFO.....COO ???
5) Depending what CEO says on the 4th, we will buy another 50k-75k shares, look for a good update.
6) CEO could have released todays news at the conference.........expecting some BIGGER news from the conference.