Yes, the five day looks awesome. The seven day will look pretty sweet if it hits 12.20, which could happen today. But it's also so grossly oversold that even the six month chart invites some buying. It's something. It's hope! Which is in short supply with this stock.
I hate this stock. I hate the money I've lost on it. I hate the CEO. I hate the employees, even though I've never met them. I hate pretty much everyone on this message board. But man, I love the stock chart all of a sudden. It's pretty beautiful, if you're long. Could mean nothing....but maybe....
Hoyas, I can almost see you squirming just reading your words, which are wishful thinking masquerading as "facts". You're trying to soothe yourself with words you only wish were true. "Everyone else knew this! " "The buying already happened". "I'm not going to take it up the rectum tomorrow". You're a baby trying to use your own words on this board like a pacifier. But it's useless. You're reamed tomorrow. And the day after that. And all week long. You might as well take the 20% loss tomorrow (assuming you shorted in the $11 range), before things really get out of hand. Eventually, your broker will buy you in. I'm guessing around $14.50. So that will be your max loss. It will be extra special thinking about your pain while I'm making money tomorrow. It's awesome! Thank you!
I'm with you. I actually blew out of 9900 shares of stock and a bunch of calls in the last few days. I still, unfortunately, hold a lot of calls for June, July, August, November, and January. But I'm breaking myself of the Nektar habit. Should have done it a long time ago. The stock sucks, the CEO is a joke, and the board is asleep at the wheel.