You do realize he is nothing but a shill for his hedge fund buddies hiding behind the guise of his Charitable Trust. I start laughing when I write this.
Stock held great this week as well. Plus, I've seen too many bios get blasted by shorts regardless of data, as if they are giving the final FDA decision themselves. Great move grabbing the cash now.
It was largely a teaser for their service....but they should at least get someone to write for them that has some clue on market movement.
Adam FUDstein a paid pimp for short hedge funds? Case closed.
AAPL stock went up over the past few weeks based on the incredible demand for their new products. It was worth a 10% short term pop. It jumped on the WSJ article and the lemmings of course jumped on a boatload of weekly options as usual. The CM story was premature giving the MM's the ability to pin the price at 564, the opening rush high this week. Near term catalysts are the actual CM deal and of course a buy back announcement q1. Otherwise, we follow market up. There, everyone is up to speed. Sales DO MATTER.
I think it's pretty clear they accumulate shares at near term tops to give themselves more ammo to dump and control the tape without increasing their risk. In other words, play along with the tape when they are wrong, and then regain control of these low float stocks. Re-position and try again.
One of the Option Monster twins will come on and pretend to give Adam F@ckstein's tweet credibility by mentioning it and thus giving it credibility and cover for the hedge fund community on todays pig pile.
Yeah, gas, its like you knew what was going to happen. I notice there is a bird on every bio board with that uncanny knack. The anit of everything obvious, yet gets proven right with uncanny timing. You would be my first contact from the SEC.
Adam F has NOTHING to do with the price move today. He's is merely a mouth piece for hedge funds that are colluding on the trade today. He's the wink in the nod. Nobody with half a brain that manages any money would listen to that nitwit.
When the stock is up prior to a news release, they push it down in the hopes you'll believe there is someone in the know on bad news. Hence, the bear raid giving the appearance the smart money is exiting the trade. When the stock is down, they like to push it up before a likely rejection and drop the floor out after the bad news. We could copyright this game and call it Hedge Fund Crooks, Each player gets a collusion package at the beginning of he game. Adam F. would be deep throat. No phone calls, no e-mails allowed.