I also agree that the tutes are picking up shares on the slow right now so as not to cause any waves. Once the get what they want, the price will stat to move like it did 6 months ago. We sit and wait.
You actually made a funny that I bet know one picked up on. The 15 minutes is the time for Stendra to act and "to close" is your attempt at humor with the erection that Stendra gives your ability to close the deal per say?? Am I right or I am thinking too much??
VVUS gets a woody from the FDA or FDA provides long awaited erection for shareholders of VVUS stock. I have a few more if you are interested in hearing them. These are for free. The rest you pay for when you subscribe to my newsletter "Learn how to go LONG in just under 15 minutes". I sold my shares a long time ago in low double digits. I am thinking of buying back in in around 15 minutes.
So you're the guy. The one who pumps the stock every 10 minutes or so and keeps his comments always at the top. I actually hate people like you. Ignore .
You sound like a short on a mission to gather information to pass on to your friends. "Hey, I just asked the MB of KERX when they would sell and most of them said they would sell at ??? price. Lets do a bear raid and take them all out" Is that what you want the information for???
For every sale there is a buyer and visa versa. The last time I looked, shorting stocks while stupid in my mind is legal so where is the problem. Hey don't get me wrong, I was expecting this type of pull back after approval but starting at a much higher level. I was expecting to sell between $22-$23 and wait for the pull back to high $17's or so. The pull back was right on but the starting price was way off.
Or VVUS or AMPE or MNKD or CITC. The list post approval goes on and on. If you don't learn when to get in and get out you might as well not even play the game. It's an odd set of rules. The stock goes up for no reason but speculation and drops 5x as quick post approval. The rules are simple. The shorts want people to believe the stock will be a money maker so they let the PPS rise to get more people in. The know the FDA inside and out and know through inside information how things will turn out months in advance so they can plan their exist strategy. Once their is enough money committed, they get the news from the FDA and instantly they tank the stock. They say it's the "sell the news" thing but by hitting it hard and fast, they confuse people into thinking it will rebound. Yes it may but after about 25% to 30% reduction. VVUS approval went from $24 down to $4, ARNA approval went from $12 down to under $4, MNKD went from $9 down to $5 and the list goes on. Waiting for the approval is the time to take profits not after. Once sales are in play, they always stumble and cause a tremendous amount of downward pressure on the PPS. Once people bail, the shorts are once again in control and then the push the stock hard on the 1st sign of anything good. You see it's like playing the slots. They are pre programmed to payout at 35%. You may be a lucky one and hit but 65% will lose their money. Stocks, especially bio techs are the same way. Sell when you are up and don't feel bad if a BO comes down the line because they are few and far between as compared to the number of companies. Also, don't buy into the nonsense of a "short squeeze". If KERX's approval didn't cause one with 20 million short then they are 1: 1,000,000.
So you now want the CEO and CFO to complain to someone that you and others like you lost $4 a share following an FDA approval. Don't you think the CEO would rather use a favor getting a drug approved than to make you whole again, think about it. Go invest in something safer like Pepsi or Colgate and earn your 3% dividend and you will be happier.
Here's what the SEC is hearing. Help I lost my mortgage payment..I bet on a sure thing that didn't happen.. My wife is going to leave me if I don't get my money back and so on. That's what they are hearing. This complaining BS will do nothing because we don't know who is al apart of this manipulation. You're speaking to deaf ears. You think this is the first stock let alone biotech that has had this done to them. How many have been reversed or corrected. NONE! You play with the big boys you play by their rules or don't play.
SEC and other government agencies don't give a flying (you know what) about people's investments. They have other more important things to do like try to get re-elected so they can continue to do what they do. I just can say what it is that they do!
What upgrades are you expecting? The PPS is already $10 below current mean averages. Where do you want them to raise it to $40/share. Next upgrades won't happen until sales start rolling in and they WARRANT and upgrade. Europe is over a year away so no major bumps in site right now.
The bottom line for their concern is that you are holding precious shares that they (the shorts) want for themselves!
If I sold 50K of my shares would you write a post about me as well? After all it would have the same affect financially on the stock as Ron's sale? Think about it.
This is how the shorts get the stock to fall fast. Little purchases and lower prices. When they get it where they want it then they cover several thousand shares. With that profit they open new positions which just keeps buying them more time.