if the machines take this down to $10 by this Friday. Seeing a lot of puts and calls betting in this area.
I must say, this will get pretty interesting. I think capitulation is underway now.
Volume exceeded 30mln. More than the rise last October.
From Last Oct to this year, the bulls were in charge.
From now till next year, the bears will be in charge.
It's only $1 from where you are... so don't worry. But, I would not touch this either long or short now.
The machines took over and it can be as low as $10 by end of the week or goes to $8 by end of the month.
Sorry to hear that but really, you cannot put thousands of other kids at risk with the experimental drug.
Do t with valid numbers that FDA wanted.
SRPT must work harder to find the number of patients. There are tons of them out there.
SRPT endpoints studies are NOT enough to convince them.
How do you feel if the drug later caused more unintended risks and other problems come up just because they tried to push FDA to accelerate the approval and completely bypass the protocols?
Stay within the rules. Don't rush them. SRPT will do fine if Eteplirsen really works in the future.
Between now and Q2 of 2014, FDA will look for confirmatory studies.
SRPT must find enough patients quickly for the placebos controlled.
SRPT must work harder and not be lazy.
FDA already put the ball back into SRPT court.
The FDA really wants them to follow the rules. SRPT will be rewarded going slow rather than fast.
If SRPT mgmt can do this, their investors will be rewarded instead of punished because of quick money.
FDA got burned many times because they were too quick to believe the pharma can get the miracle drugs out with the limited trials. FDA wants all pharma to go traditional route instead of AA.
SRPT must follow the process to the letter.
Actually, it's not.
SRPT hasn't gone to phase 3 yet but at least they got phase 2 correct.
But, you can't push FDA to do AA even if you wanted to because of just limited phase 2 success.
FDA works at their own pace. Too many people bugging them for their miracle drugs.
Very little success trying to push them.
SRPT will recover if it can put out a good clean plan for phase 3 and be successful if it can prove
Eteplirsen works for a much larger group.
Perhaps so, but unfortunately, any bounce will be sold into here. Too many bag holders above the $20 mark.
Short interests actually will subside a lot today because they're covering already.
Even I will agree I will not short at this level: 10-14
Nah..Just $6 to go from here. Not much to play with now.
Already shorted from $37 yesterday. I think SRPT will stabilize when it gets to $10 by end of the month.
I will hold here..
Short term target by end of this month. It's conservative but that's how it plays out.
Support will be there.
Just continue to on hold to your PUTs for now.
Well, there is indeed no more AA hope. Anything above $20 was the AA hope since last year when it zooms to $45.
Don't think so. $16.70 is already high of the day. $15.50 to close at best.
Shorts are slowly covering but won't bid prices higher than $15.50