The banks are going to lead the current rally. What started today is going to continue for four days, and then flat for the rest of the year. Then next year we head higher after the fiscal cliff is avoided.
Sentiment: Strong Buy
Andrew Left of Citron has been previously convicted of fraud, and the newswires haven'y picked up on that tasty tidbit of info.
I've been crying about that since the report came out, and nobody has picked up on it. The newswires should have done some due diligence.
I won't say how many shares I have, because I don't need open myself up to the scrutiny of some of the idiots. I just purchased another substantial amount to add to my huge holdings. I watch all the time for fun, but do not have my finger on the sell button. Instead I sell covered calls far out of the money, and intend on holding this baby till its drug comes to fruition in the market. We are going much higher in the next six months. This drug is going to be a blockbuster. It is so widely anticipated by the medical community, and patients. It doesn't matter what happens today.
I know about his past by googling him. The question is why the newswires play along with him by putting the report out on the wires?
I'll try again. I sent this to all of the newswires. It needs to be addressed.
Read this link
How about the fraud of Citron?