I finally sold. Had a good run. It was a very good run. I have made good money with this stock twice this year I will keep watching to see a pull back. Good luck.
Cherri proves that shorts have no conscience at all. They believe it is alright to lie and cheat as long as it brings them a profit. Unbelievable.
I understand totally. The stocks I am choosing to buy I have to really believe in. Therefore I don't set stops for any of my trades. If I feel the need for stops I will not buy any of the shares. I have lost thousands on stops and so far I haven't lost very much on stocks I did not have a stop on. Probably if I were buying this up here I would be tempted to use a stop but I know the manipulators are hunting them down. My cost on shares is far below where we are now.
I feel like the big boys are teaching us optimistic little guys a lesson here. They can almost do anything they want and we just don't have power to do anything about it. Don't get me wrong. I am not selling and I will just hold even after approval. But someone is flexing their muscles and taking out stops. I don't have stops so they can't get mine but I am learning just how powerful the big boys are. Hangin in no matter what.
I don't think it is true longs selling here. I don't know how they do this but no one in their right mind would sell this close to approval date. This is craziness. Someone is controlling this share price who has lots and lots of money at their disposal.
It has really impacted where I believe the stock will sell at upon approval. I thought for sure it would hit $24 before this but it is clear that manipulation will hold the stock down to perhaps $19. Therefore I have decided to hold the stock through approval because I believe the price will hit $30 after it goes on the market. An awful lot of people need this drug and I am glad for them it will be available. Good luck to all longs.
I have come to agree. This pull back has tempered my expectations and I have decided to hold on to the stock even after FDA approval. I can see it hitting $30 in 2015. I think this will be the block buster drug many believe it to be.
That's a great point. There are so many shares simply being held that it becomes easier to manipulate the price with the shares that are in play. Great point. I hadn't thought of that.
It dropped about $3 dollars that week from 60s to 57. I think it is natural for people to get scared and want to lock in their profit but there is so much potential here for this company. This could be manipulation or it could be scared small investors taking profit. I am staying in on this one. I'm not saying we are going to $200 but there is a reason all this big money is in on this stock.
We are too close to the decision and there is too much evidence it will pass. I figured there would be one more effort to take it down but I don't think there will be another successful attempt after today. Too many shares are tied up.
These guys are taking them out. Don't let them get your shares. Don't sell on this fear. I will never forget letting go of shares of a company on one of these fear trades and the thing went up the next day 100%. I would be very surprised if they weren't trying to take out stops. They do it to individual investors every day.
I didn't see it. Must have been formulating my e-mail when yours posted. You were right on. I will remember them.
It seems to me they are trying to help out some shorts without looking like complete idiots when the stock goes up to $24. As someone said on the board why not just say sell if they are really legitimately worried about the FDA not giving their ok? It's just too safe a call to me. And since it is a safe call why did they even do it??? Weird.
news is on the way in my opinion. I am really surprised it didn't hold 16. Surely this is manipulation. I can't believe anyone would sell here thinking this is it.
That can't be the reason. Having it behind them and really not paying billions ought to signal an up trend not a drop. this is simple manipulation and it is being done very well.
No, the stock market isn't manipulated. Certainly not. Wow look at how many shares are being traded by shorts covering. This stock should have been $55 by now at least.
How long have you been a strong sell? You must be very disappointed that this stock is going to $65