Too many retail investors-too little institutional investors.IMO this will have to change before things get better anytime soon.
You mentioned a number about a month ago that might prove to be too close to the mark for comfort--1.93.
Every rule in the stock world seems to favor the institutions----for instance we are unable to update the short % until 2 weeks after the fact while the big dogs can update this in real time.huge advantage.IMO
Hedge fund shorts know exactly what will happen and when---not fair but its reality IMO.
Question is do you believe deep down that the drug works? If so -wait it out but never go out on the margin as the hedge funds hunt these people down with no mercy.
hey Patch, how do you feel about ALXN--I believe they have a strong pipeline also with some cutting edge
Hey Beav, don,t be surprised if the stock price slowly drops for quite a while--Its one of the tutes favorite moves.They see the good news come out and immediately go contrarian,all the while dominating the top of the MB with those mindless pumping posts talking about "short squeezes and buyouts".IMO its all designed to slowly frustrate the retail investor until the impatient ones give up and sell at a loss.
As a retail investor I have to constantly remind myself that I am just bait in the pond of sharks with no real power but the ability to get outside the box and get a glimpse of what may really be happening.
Bottom line is-I believe the drug is working and will continue to work and I feel positive about where the SP will be in a couple of years.Of course this is all IMO
A strong step in the right direction. I, for one, will keep low expectations and go play a round of golf this morning.I would not be surprised if we get some kind of contrarian move here as that is what stocks do,
but overall this is one big KABOOOOOOOOOOOM! GLTA and many thanks to Beavertail Splash.
Counting chickens are we ?And chickens can't fly.
GERN can just as easily go to $1 per share as $7 per share right now.
This creates the "possibility" that something positive will happen in a couple of weeks.IMO