Not during the Holiday gift buying season. People are short cash, and time. Shorts and options players always think of this stuff. I will be concerned if this happens in January and February, but not now. Longs will hold during this time, many retail shorts underwater will cover for tax loss write offs, not enough to make the S/P price rise significantly, but none the less controlled covering. Longs, on the other hand, are expecting good results for January and February and don't want to wait the 31 days necessary to get back in the stock if selling for any yearly tax losses. I think there will be much more short covering in January if scripts give an indication of rising, which they should. H.F's whose financial year coincides with the calendar year will wait till January to incur losses since they will have 12 full months to make up any losses and not creating losses for the calendar year will make their prospectuses look better than they actually are. Monday and Tuesday December 30, and 31st will be interesting days to watch to gauge what is going on.
Call options are a fools game while the transparency of what is going on is present. If no money is lost on call options, then their would be no money to pay the successful PUT options and all of this would end. JMO and I am by far not an options expert. People on the outside looking in continue to think they can play a rigged game.
Gee, and you would be responsible for all of us longs not realising 600% gains in 2012.
The once majority is famous for screwing up good intentions, and trying to pass the buck. Pelosi is a shameless political hack. Anyone who would leave a room furious because the surge was working and would put politics ahead of American lives doesn't deserve to be a representative of Americans, just Jackasses.
Hopefully Senators were not naive enough to short obesity drugs. Perhaps they were and the recent price action is the result of them seeing the error of their ways. Since everything short is a big secret we will never know, and as the man use to say, " and now you know the rest of the story".
Institutional investors in arena who have lent shares to arena shorts are helping them drive down the price to cover. Later today those same institutions will be buying back shares at these artificially low prices to refurbish their inventory. Better to help the shorts now until waiting that they don't have the finances to cover at all at much higher prices.
This will be a major positive development for insurance coverage for combination diabetes, and obesity diet drugs and will be responsible for driving Arenas' S/P through 2014. Once this law goes into effect the direct to consumer TV advertising will start immediately. Many private insurance companies will follow suit with Medicare, and Medicaid. This is like putting ObamaCare initiatives for obesity on steroids and with the who's who of bipartisan support for the bill start buying the steroid injections now.
Leerink Swann reiterated Outperform rating on Vivus (NASDAQ: VVUS), Arena Pharmaceuticals, Inc. (Nasdaq: ARNA), and Orexigen Therapeutics, Inc. (Nasdaq: OREX). A survey of pharmacy directors by analyst Marko Kozul showed reimbursement trends for obesity drugs gaining momentum. With this in mind, Kozul sees significant potential for reimbursement gains.
They live up to their name. Probably picked that name for legal ramifications.
So you say. If they were right in the first place there wouldn't be some 65 million shorts for well over a year.
Why Mötley Fool writes an article for investors about an obesity drug from a private company. And also ask why an important development about the Obesity Bill being made an amendment and attached to important doctors payment fix legislation which will help all obesity drugs was not even mentioned. You don't think they are trying to steer investors away from certain pharmaceutical companies do you? Think Options might have something to do with their timing?
I hate to inform you then it may be the end of any of my contributions. Too tuff an obstacle for me to overcome. LOL.
Does this mean your bashing will be halted as you turn coats? Will you be neutral, or will you attack shorts? If you are going to do something do it all the way.
One question Sharon, if you know the answer, if they repeal a law do they also repeal all the amendments and pork associated with that law? Just curious really.