did you see ACHN this am??? from 14.21 on Friday's close to trade in the 24's in PM only to drop to 14's after 930am market open. I bought at just under 16 and watched it go to 14 (oh no, another ARIA). I bailed once it crossed the 16's to go to safety and put more in aria.
other than citmar (who I respect his opinion - assuming that it's a he), lots of stocks had a spike in volume (mostly one) at the close of trading. not all stocks went up. Look at VRTX and you'll see it plummet. the one thing is they (only about 10 that I looked at) spiked in volume at the close or near the close. If you look at the 5 day chart for ARIA, the price jumped at 1pm for about 10 cents worth and then at 2pm or thereafter and it had volume and price all the way till 4pm and AH's. I still think some news is coming. Don't listen to the shorts and their bs. Time will tell. All I can say is I worked in a biotech and NOBODY bought shares ever. If insiders are buying here, they know that better days are ahead. They won't just buy for the hell of it. Others have said that before and I agree. This is taking time. Just one great compound and BP will be all over this like a buck on a doe.
look at the 5 day chart. on Thursday, the dow soared and aria went from 6.25 or so to 6.60 or so. Then it treaded water till about 2pm on Friday. lots and lots of volume and price action up. I don't know for sure but don't think it all options. I think there is some material news and someone knew. once they started buying, the computers kicked in and sent alerts out and they piled on. We'll know by the end of December if this was options or some news coming. With the EMA, trial news, new molecule etc... something might be around the corner. All I can say is if the new molecule is good for pan cancer, this one will go up faster than peter north and shoot more volume than he does. I wouldn't be short if that molecule has show efficacy on pc.
yes there wasn't any news. how do you know something didn't leak and there is news coming?? you can't predict the future. I am starting to think it was just bs but for it to go up 50 cents from the low on huge volume, I think there is something coming. Might not be Monday, but soon.
not too sure that is the reason but I do agree that I saw some stocks with good gains and increased volume. But that one poster said there weren't many aria options to mess with so this still sounds like news leaked or something is coming. I'll be #$%$ if this retraces to 6.50 on Monday.
dang, from under 2 to over 5 in two days. I wouldn't invest in a 61MM company though. but it shows you what to look for. Let's hope you're right. I'm going to go downstairs and drink and stop watching the board and trades. I'm ready to #$%$ in my pants I'm so uptight.