I'm NO expert ... merely trying to make some sense out of things when they don't seem to make sense on the face of it. Respectfully, I'd like to ask that you not sound as though you're attacking someone for positing a question? It's not really productive. I get that you are frustrated ... who isn't? I've been involved with a lot of biotechs and I agree that there are some very shady things that go on when certain entities are on the wrong side of a trade ... GLTY
"Eventually Unilife's string of successes will encourage shorts to seek out another developing company under stress, where instilling fear and making money is easier for them."
From your lips to God's ears, bio!!!
When something of this magnitude doesn't make sense; doesn't it really leave you mystified? Shorts aren't usually THAT stupid. I'm just wondering if it isn't exactly as it seems and is some kind of a hedge? I'm sure you guys have discussed that aspect ad nauseum ... I just haven't kept up on the board all that much. It's a waiting game for me!
Mgmt really has to partner or else raise cash, no? Raising cash at this level would be ... well, I'll choose my words carefully ... "not prudent"? We know it, THEY know it ... I wonder if the shorts know it? Wink wink ... I'm thinking they might wake up to a surprise one morning!!
We've hit the 5.35 area twice now ... I'm thinking with the secondary pricing at $5.50, it provides a little support here ... unless the market really tanks. Been some nice consolidation the past couple of days! Just a question of whether or not it can move higher without news ... curse of ALL biotechs, I'm afraid.
How are you making money by covering at $27.80 when you bragged about your big short position at $27 yesterday? I think we are beginning to figure out the only thing you're short on ... brains or ????
Cool heads will prevail here ... just rearranged a few things and will continue to add on dips like this a.m. The story has changed ...
Lots of topping action with this stock right now which, could be dangerous for new buyers
OR ...for shorts!! Check the price targets ... long way to go!!
CERS put in a strong day today ... now, let's see if the overall market brings it back down? Tough to fight the tape of the overall market, but the manufacturing PR this a.m. was welcome!!!
What's wrong with AKAO? Being beaten like a red-headed stepchild compared to CEMP ... thought they might get a bump off the WH news today, too!?
We definitely gained some footing today with the mfg. pr ... holding most of our gains as the market meltdown continues! Buy the dips and hold for longer term!!
But, then again, there seems to be some accumulation going on in the $4.40 range now! Can't imagine the "earnings" report will provide any surprises or disappointments. It's all about the future ... good excuse for the cockroaches, though! ;-)