Then come out an ay just that. An agreement has been reached in principle and the details of the agreement will follow. That tells me something more than silence does.
Give me one rational thought as to why the pps will go up? Nothing technically has changed. Sales are still bad and Ichan has taken on more debt. That's what has changed. how does all this news translate into a higher stock price??
Welcome to the world of biotech investing. Nothing is as it appears. The shorts make money of lies, misinformation and manipulation. If the stock wasn't worth attacking then they would be somewhere else doing something similar. As I mentioned earlier, don't expect too much today. The shorts are a week ahead of everybody else and they allow us to play by their rules and we need to like it or go elsewhere.
that was established when the original tender offer was announced. That's the level at which it was met with selling pressure and it never made it back there again. Look for a test of that level late in the day as I would assume that the response from the bond holders would occur in the AH session.
Don't worry about the shorts. They always escape unharmed. Very few short squeezes ever get implemented to the point where maximum pain is ever felt.
Down to $1.86 that fast. Watch out for the PM head fakes....Just saying. Shorts need some new blood and this s one way they can get it. Raise the artificially and then short hard at the open. Not quite Miller time until we see $5 again.
a hundred freaking times. Nothing is happening with this tight of a range.
If the tender offer does get accepted, it's probably the first of many things that have to happen in Ichan's overall plan which he has not revealed to any one yet.
And VVUS can outright refuse the offer too. Tomorrow nothing will be determined.
I still say it's a dead issue. It will just pass quietly like a one cheek sneak. Ichan does not really want this company or he would just make a radical bid for it outright at the current price. He can definitely afford it. Not sure what the hidden agenda was or is with the tender offer but like most bio techs waiting for news, it's usually a downer.
I wonder if OREX can develop another version that can be taken all year long to create a more constant revenue stream versus one that can only last 3-6 months at a time.
The problem is the market fluctuates every 6 months. Why people start and stop on this drug is beyond me. Maybe when they see that they still have to exercise and eat right, they figure why pay for a drug that doesn't do all that for me. They would rather spend their extra money on a cheeseburger and diet coke.
Come on, you know that's how they dump/accumulate without affecting the PPS. It's done all the time. It should be no surprise to anyone.
Come and get em!!!