1) All bashers, shorts and dimwits on IGNORE and Iggy button warming up....Check !
2) All shares for sale OVER $200..........Check !
3) NO SELL STOPs.....Check !
4) BevMo spy on Alert in San Diego on call if large order comes in for Acadia ...Check !
5) Acadia Parking lot spy on Alert for any personal license plates with MRK , JNJ or PFE...Check! Check! Check !
The thing is we already saw $50 and it sold off and I think many assume upon approval we will go right back to $50 +. As I recall the the momentum then was the NDA and maybe a little buy out play rumor?
At any point in retrospect it was over done especially when you consider how long the average company has to wait to get to the PDUFA date. I believe we see a nice POP ...If it moves above $50 I wouldn't be surprised.
OK I'll take the 90-95% Approval chance with one side note...the closer we get to May 1, the higher the % of Approval chance. So tomorrow its 95%...Tue 96%...Weds 97%...Thur 98%...Fri 99%....Sat 99.9%. Sun we are going to party like its 1999.
Day in May
Up in my balloon floating across the valleys
Grape vineyards below
Are you coming too?
I recall a long time ago
When you took the step without hesitation
A risk taken with no wavering seed, no reservations
Brave as a child running out on the first day of summer
In the night no time for thinking, crying, staring
Only a fond memory of what the next blessed day will bring
Dust is drifting aimlessly like so many stars in the galaxy
Feel the pain deep, then the love must be real
A sensation within a foolish brainless emotion
Once walking into a gray turning world
Leaving the mirrored walls behind
I realized this is the finest day of all
The air was clean with the aroma of life
The sun warmed the tall pines
Nature’s absolution for all sins
The Maiden and the Cat
My love but lives an ocean away
He sails there far today
I spy a glimpse a dream in his eye
'Twas a cloudy sky
My brother is teaching the cat to dance
How funny that would be
Meow kicks up and jumps so high
It rains upon the sea
But merry old men in books of lore
Gorge beer upon my floor
Till my love comes back to me
A cat is all I see
So how many times have some big investor or hedge fund bought puts in the past? I don't think this is the first time. Most likely hedging their bets. Besides if you can figure out it might be related to
"...inside info being tipped off ..." then I assume someone just broke the law in a very obvious manner. That would be a really really dumb. Look, there is no doubt investors are nervous, I get it. But I think if you believe in the Science, believe in the AdCom's very positive decision....the rest is just noise. Its a tricksters head fake. People are nervous..., but if you let fear make your decisions then you will be on the outside looking in. This is our time.
What we will be witnessed to is Transformation. A small risky biotech into a major company with a NEW, ONE OF A KIND, FIRST IN ITS CLASS DRUG that will be the ONLY DRUG INDICATED for a condition, PDP, that rivals most World Wide Epidemics. And ACAD owns the World Wide Rights. The train is about to leave the station.
Type Value Conf.
resist. 42.29 2
resist. 39.25 2
resist. 34.23 19
supp 27.26 5
supp 24.84 4
supp 23.56 2
supp 21.24 5
supp 19.23 2
supp 17.32 4
different name I guess.
paidpurnpers vs paidpumpers either way IGNORED.
Looking at the indicators...MFI, MACD, RSI, STOCHASTIC, we have hit a WALL- all have weakened since about April 6. Under normal circumstances if I was just looking at this chart not knowing anything about the company I would say this looks like its getting ready to drop. But this is where you have to use ALL your information...Key stats, Headlines, Insider Transactions etc. That is why you can not solely rely TA. You have to look at the Big Picture, Use all available info.
Those guys are at another level, its like battling illusionist. One trick after another. Us retail guys can never beat them. Maybe figure it out after the fact. But one thing I can honestly say is I love this battle, because when ACAD POP's it's gonna be a cross between Little Boy and Fat Man.
Today's range so far...32.35 - 34.19, Oops....did some of you guys make the mortal SELL STOP sin ? The Market maker LOVES those stops...cheap shares ....he just knocks them down like domino's....and doesn't even say thank you.