Shorts may be averaging up as trader suggested. I keep thinking that shorts only cover and sell, but they can average up too. Frankly, I don't think you can churn millions of shares in the $8's without doing that. I like all the buyout talk, but people expecting a deal tomorrow, every day, seems premature. I try not to call the unknowable, like buyout. Hell, we've already paid a fortune for our first ibsc Phase Iii trial. And the last phase Ii data set for ibsc was even better than for Plecanitide. Fantastic secondary endpoint data. Maybe we should get more bang for our buck here. Certainly in no rush, irrespective of the short consequences. Glta.
Loading up today. Will they cover or throw them back in your face later this week? This is SGYP,... with the Ebola shorts. Of course they'll throw them back at you! Just sitting back, calmly waiting for buyout, watching the usual carnage and manipulation. Do retail and momo really think they're up to trading with these guys? Can't do pattern recognition of any type in a period of transition like this. Shorts make charts deceptive. For example, how were we to predict that shorts would need shares today. Yeah, they've been selling like big dogs, but who knew today. My guess is they needed the restrictions off to cover effectively. Maybe they're picking up shares to tamp down what they perceive might be new buying when 2nd trial reports. Who knows with the rat brains. I'm telling you, even an Airsoft pistol won't keep them out of my bird feeder. Long until buyout. With data in we can sleep at night. Glta.
Listening to these guys with their 500 share shorts on, its just too funny. The data is amazing! Buyout around the corner.
Long and strong until buyout.
Manipulative shorts breed tough longs. Never known better longs. I guarantee you that longs knowing the score here and not selling is causing shorts worlds of problems. Now if we could just get newbies to STOP USING STOP LOSS TRADES we might actually have a chance to squeeze these guys.
Newbies, follow the old longs here. We're all holding, most until buyout. It's that simple. Glta.
Big effort at bring down, day before the news. Shorts got the news first as usual. This has just got to stop! But, I guess it's just like saying "espionage should stop." Yeah,..they ought to pass a law about that! These laws mean nothing without enforcement. I really think HFT is at the root of it. Absolute power corrupts absolutely. A small tax on each trade would cripple them. Imagine shorts paying for 50mm 100 share trades and pulled orders? I keep hearing shares are difficult to borrow right now? Does anyone know if that's really true? I see Valeant a nose ahead in the buyout guessing game. They're moving into GI and have the diarrhea side covered. They need something to make people poop! It's a perfect fit. It will make them complete. Are you feeling the Zen of it all. One stop shopping for poop drugs. Gl.
Undoubtedly, he will be negotiating with big pharma on SGYP's behalf or in concert with them. He wasn't given all those shares for nothing. This is his time. He negotiated the many month long bidding war for Ihibitex. He is particularly good with multiple suitors. I mean we have nothing but all stars here. We have the guy who already got irwds drug through nda and approval, and this is the same drug with far less side effects. It's a lock! Then we have one of the smartest money men in the business, negotiating on our behalf. These guys add value to the company. Speculation, yes. Still reasonable though. I'm sure his hand is in this. He has vast sums at stake here. This is big money for him too. This is his baby. As well, the others in the group trust him. He is a shareholder! His interests align with ours! It's M & A heaven right now for biopharma.
All that's missing for shear pandemonium is to hear that the long secret Sp333 1b UC trail is, in some sigNificant way, successful. Then you'd have a grand slam! Very excited by the data. Think it will really add value to the company.
Momo guys. Help us push these short guys over the edge. Please. We're so close. Fight all your instincts and hold for buyout. I know you'll be suffering some mild "trading withdrawal symptoms," for a few weeks, but when the buyout rumor slips, and it's Valeant, you'll not only be richer, but feel wiser too. If that's not working for you I could always send a free box of candy to your house. Whata ya say?
Long until buyout , have a Fun weekend. GLTA
Bioknow, think we hold $9 today to keep the $9 calls in the money?
How's this for turning a negative to a positive. I used that purchase to justify buying 40k more down under $3 to average down. Worked on my wife. Hard to explain to the family why you've got a small fortune investied in a single, speculative, baby biotech. Wife is also sick of me talking about SGYP. Friends have no idea what I'm talking about within minutes and their eyes glaze over. Is anyone else's wife sick of them talking about SGYP.? Well, maybe we can all stop talking about it soon. My friend told me his ten year old recognized the call signs on TV and said, "that's daddy's stock!" He might be talking about it a little too much too. Shorts averaging up? It's all going on right now.
What do we always say here, "data trumps all." Well we just knocked the cover off the ball. Muchlongerthanu's buyout numbers are starting to come back into fashion. Hardly recognize anyone on the board, but hope they stay rather than sell a single share to these short bloodsuckers. Long until buyout.
I think getting the truth out, even if unpleasant, makes for strong longs. Can't make a real decisIon to hold or sell without the facts.
I would also point out that although we all "know" that there are 60mm more shares in the float owing to the "non-dilutive" financing, they are not actually there yet. These guys still have to cover into relatively small actual float. If longs don't sell, we're a mathematically tough cover. Unfortunately, the opposite is still true. But this fact will ultimately work to our great advantage I believe.
With all of the important events upcoming, do me a favor and don't let cranks cause you to stop posting. You have many followers here. You're never going to please everyone. GL.
People have a hard time grasping the short story here. Always have. Shorts with this much invested simply don't walk away. Hard to talk about without bringing the whole board down. I'm sure you have firmed up some weak hands. What more can you do? When you post it's like a day off for me, and you do it so much better. My best.
Which way are we going to be manipulated today? 20mm shares and counting. I don't know about you, but I'm really sick of these guys. Long until buyout!