Depends on the buyer. If it's acquired by a private company, shorts can be totally screwed and the stock can go much farther--no way to know the final number. If it's acquired by a public company, they can morph their shorts into the new company and NEVER cover....for example, MDT.
Not exactly low volume but most of the carnage was done earlier on low volume. My take is someone has a pressure point around 10.50 for the end of the month and is making sure it closes below. Would be interested in the thoughts of others as well.
What an amazing vindication for the company...I was told these events can drag on for a year or two. I guess it's 'elevator up, up and away'. What great news!
Pac--everything after the first few minutes has been, in my opinion, shorts trading amongst themselves. Scalping pennies here and there. Watch the close...as always that will tell the tale. You'll know we're in for some fun next week if it recovers or advances at the end of day.
Applied 8/14, issued 3/15. Now THAT is incredible--I've been thru that process a few times and never been reviewed within 18 months, let alone issued. Speaks to the dearth of IP in this field.
The numbers are out and they look terrific; would've liked to have seen increased guidance but that's just being piggish at this point. Clearly we are about to really ramp up revenue. Let's see what color they add during the call; those that can listen please post pertinent statements!
My view is Needham doesn't have this much firepower, staying power, nor influence. This is something different. The close will tell I suppose.
Poised for greatness today unless they want to shake the tree one final time--dash 'our' collective hopes--I see this busting thru the 50 day and kissing or busting toward $10.
They buy and sell amongst themselves merely to confuse you. Don't be confused; expect a shake or two soon, though...but further to run first me thinks.