It's probably the only way to make money on this stock. Trade the box for quite some time. $23 - $28 every week. One can make a ton of money. Traders are making a gold mine trading this. I am going to start trading as well. Especially with the summer low volume it's a no brainier
Continued selling pressure just pushing it down further. It's amazing how this stock holds absolutely NO gains.
I doubt anyone trying to hold this down. Lot of traders just trading the box and very high short position holding this down. No telling when it will change. Perhaps in August, maybe 1st qtr next yr. Who knows. It is quite frustrating.....
$50 is way to cheap. CLDX pipeline is worth at least double at a 10 B.
I doubt it. Shorts are not stupid. They will cover when they need to....this board seems to only fixated on SHORTS every day.
why do you all keep saying " I hope he clarifies, or says something new" there is nothing new to say. This is just another dog and pony show to another Jefferies 2015 Global Healthcare Conference.
and let the games begin! Maybe a hint of green today would be nice...
I don't expect anything different said tomorrow at Jefferies. It would have been presented at ASCO this past weekend. Anything big Marucci would have announced.... Thoughts?
bullishonidev, we all know the answer to that...of course the SEC looks the other way! There are no rules on Wall street unless someone gets caught
I must say I really surprised!! Big red right now. Down .60!!
zorbs I agree with you. I feel this stock will not move till an approval. Otherwise the stock just remains a trading toy with HFDs. OR maybe some earth shattering news said at this mornings cc!! hahaha
I posted this yesterday and nobody listened. The opening will be interesting to see if there is a sell off with all the traders just looking for profit. We might even see red...and then all the shorts will show up on the message board,,,, My thinking is that the shorts will not shake off till there is an approval. Lets see what is said after cc this morning.Rememember, this is just trial update and many biotechs always sell off with trial updates.... IMO its an approval that will move the needle .
Sentiment: Strong Buy
I think games will be played tomorow. I would not be surprised to see red and a sell off some point during the day... Just to many traders that will sell short at the high tomorow. I would like to see some other good additional news to really bury the shorts deep. Maybe some big upgrade targets?
I see no no NWBO news on Reuters, Yhoo, etc..... maybe the CEO could make something up tonight... lol