Investment rule # 1 : only use spare money to invest so it is ok if it is all lose.
Investment rule # 2 : day trading or short term trading is same as gambling with big risk.
Investment rule # 3 : learn from last mistake but don't blame yourself, no one can make good decision every time.
this is really called short squeeze !!
A short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock. Short squeezes result when "many" short sellers cover their positions on a stock.
is this legal or not ? If this legal, then ok, right ?
during the last 10 years, new medicines are 10 times more then the previous 10 years because of advance in research and electronic. In 2000, you cell phone is like a big water bottle, and now you are holding a super computer in a very small size, see the iwatch ? DNA sequencing is much much faster now.
10,000 baby boomers reach retirement age everyday now !! How much medicine and health service do they need ? It will be HUGE !!
we are only good if those stupid ceo did not raise old drug price by few thousand % over night and if there is no hillary in this president race... I wonder if hillary and those ceo are working together so she can make fake promise and get more votes. all short sellers are on biotech/health/pharm sectors now, they have no where to go, all other sectors are rallying... these short sells will make up any fake news to push price down. investors are in sell first and ask question later mode. we need some strong earning to KILL all these short sellers and ignite a panic short cover. I wonder why there is no law to jail those short sellers who made up false and unproven news.... SEC and FBI should investigate them and jail them.
now, you tell me which sector will get most of their business when they get older and older ?
just google "Do 10,000 baby boomers retire every day?"
In the new, Citron said they don't know this and they don't know that, and they said may be this or may be that... Also they shorted the stock before they publish the news. All of this sounds illegal to me. I bet you thatmany class actions will come against Citron... If this happens in China, Citron will be jailed overnight. They have no absolute proof and they caused a mess in stock market.
you should know that this company is selling real drug, its stock value will never go below its sales. when the stock price is low enough, it can only go back up. look at their last quarter sales to get an idea.
How come gov did not control the price at that time until now in the election year ? Is this a good timing ?
If congress can stop most of the lawsuit that can go after new drug and hospital service for any side effect and unintentional wrong doing, then they don't need to charge so much. Please look at the BIG picture, not just how much you pay for your own medicine.
hilliary's son-in-law is a hedge fund manager, he must have shorted the biotech sector.... sec should investigate her