The purchase points are bearish as they are down and closer to the bid (i.e., they were probably sold; not bought). Also, the Jan $60 puts were purchased for a higher price than what the ask ended the day at. That's not bullish, particularly given how many puts were purchased.
You do realize that a huge bounce with huge volume following a drop on low volume is hugely bullish, right? No, of course you don't. Or you're just lying. I'd guess the second.
Sure. He definitely timed his buys/sells right. But my point is that he was purposely and intentionally manipulative.
Also, I meant to say earlier that last Thursday's candle was BEARISH, so for him to say that he was buying because it was bullish is complete bunk.
Jason is a pumper at this point. He keeps reprinting the exact same articles with no new information. He's done this with quite a few stocks now. And every time he does it, the stock price skyrockets. At this point, it seems like manipulation. Whether or not he's involved in it, don't know, but there's a high correlation.
I didn't say he wasn't. I said that he was manipulative in doing so. Just days before he insisted that people sell and wait for $6. And one day before, he said Thursday would go up slightly, and then the stock would take majorly on Friday.
Secondly, his reasons for the reversal, according to him, were technicals. Bull. The technicals at that point were still bearish, and Thursday's candle was bullish when he purchased. Any chart reader knows this. I think it's far more likely that dingdong knew news was imminent and was doing everything he could to manipulate the stock price.
Um, it looks like you were wrong. Prior to your sudden change of heart, you were telling people to sell when the stock was in the low $8s, and that they should wait for $6. Meanwhile, some of us--myself included--were telling people to accumulate at those prices.
The difference between us and you is that you're dishonest and purposely manipulative. Not sure why you would pat yourself on the back for that. You're a pathetic, horrible excuse for a person.
Way to fail to see the humor in my response. Nice call yourself.
My call: If news of a partnership is announced by year's end, then yes. If not, then no.
Yep, I wagered yesterday that drisapersen makes it to the market based on the FDA's P3 review of RNA's trial and their suggestion that they file for an NDA. This all seems like a game, and unfortunately, the boys with DMD are the ones who will suffer most. Absolutely tragic.
Yes, that's why you shouldn't invest here, and stop posting here since you won't be investing.
Bionerd, this is a fantastic idea. A couple of eteplirsen parents are on twitter: Terri Ellsworth and Jenn McNary. Have you contacted them?
Gotta say, 8 red days in a row really is extreme, and although small cap biotechs are volatile, it's unusual for one that has no potentially negative news on the horizon to take such a beating. Seems overdone, but I do believe it could be so shorts can cover or others can accumulate. Unfortunately, I don't think the drop can be confirmed over until we have a high volume day showing a clear reversal. It is what it is.