on days when the Doe is getting whacked over 1%? It makes you think that the trading is being done in disguise of the broader market and people are trying to exit or accumulate under the radar. The stock has no future and products that don't sell. I can't even believe that the stock trades at all anymore.
at the open and just trades horizontally until lunch time. You would think they just wanted to knock it down instead of trading it. The market is the most crooked place in America right now and no one can or will do anything about it. It's just like our government
Some people think that the shorts are hanging around waiting for the last few longs to sell out. Just the opposite is going on. The longs are waiting for the last few shorts to cover??
VVUS is done now but ARNA is trying to catch them as well. ARNA should sell to OREX and use cash for R&D on pipeline if it's that good and VVUS should close the doors and go home. OREX wins and uses money to start up in EU.
Don't be surprised, at least the shorts got what they wanted? Is that what it's all about. What the shorts want. These little bios all get treated the same way. The market them hard when they pass phase 1 & 2 trials and then they let them run to unheard of valuations only to drop them down the 42 - $4 range again because it's harder to market a drug than it is to develop one! Case in point. Just look at VVUS's story over the last three years or so. Two approved drugs in two different categories and a #$%$ poor PPS to show for it.