but I am in shock to see that the price still goes up. It is being held up by a certain hedge funds. The volume is low and but it seemed to be hedge funds buying from one another and raising the price stock. This is a CLASSIC MANIPULATION. However, for those shorters keep your patience, we will see this crash in pieces. The company is running around like scared rats from a burning house because of a major and serious investigation.
I have seen rise in price to be followed by dilution due to a desperate need for more financing, a sudden expenses, and a opportunity to gain from a jump in price. Let me put aside a certain manipulation and we have a I believe a dilution soon.
I researched every public media about LJPC, I only see a lot of "BEWARE" or "DON'T HOPE ....." on their company's products. I see no upgrades so it must be a run up before a share offering news. The company is burning cash too fast these days so there is a need to replenish the cash funds.
not at all believable ........ no upgrade and uncertain test result, just a hype from you.
I was right on the money ............ I knew this was jacked up for a reason, manipulated very well and
money is short at the bank.
KABOOOOMMMMMM ............... Lucky I shorted 10000 at 44, Good for me ... Good for those who listened.
like me. Since I shorted this the price has been going down. There is real danger of the company paying
a substantial penalties and it already affected its earnings. Modifying the illegal operation affected the ability to make more money. I see $25 at the horizon.
as I predicted ..... shorted this baby ! I shorted 5500 #$%$ 32.3, covered at 28.9 today. This is good for me but terrible for those bagholders who trusted the hypers. It's waste of money to chase DEPO and this company is drowning in highly leveraged financial conditions. It keeps buying with borrowed money.
yes and yes ......... highly leveraged make executives nervous about interest rates increases. Just watch in 3 months when FEDS increase rates.
hypers are still hyping, but hznp is cutting expenses down to the bottom. No salary increases, laying some employees and postponing some needed expenses. This will result in good savings but "rotting" business tactics. May stay around at 29 but the slide continues in a few weeks.
I know HZNP is leveraging most buyouts, I can humbly say any rising rates will bring bad earnings. There is fear among officers and investors and divesting now is safer than losing more.