Oh, they will! Fundamentals! Fundamentals! Fundamentals! Oh, and then throw in no debt, tightly held and GROWTH!!!
I told you ... it's just going to get more expensive to cover.
I'm loving both my TASR and OSIR action ... fundamentals eventually win out!
FWIW, after OSIR was mentioned on CNBC a few weeks ago, the shorts lost their advantage. The same will be true here! New highs for both?
MMs trading amongst themselves to keep it in such a tight range ... Another million plus in the $3.60's! Nicely done! Think they're "collecting" shares to sell higher?
Yup! It's going to be similar to what I experienced in my TASR holding. "woulda, coulda, shoulda" ... shorts kept telling themselves they would cover on a pullback that NEVER materialized as the story unfolded! Ditto here!
Unfortunately, I also own IDRA and will have to see the manic pumps over there!
And, there is NO way that you were solely responsible for 25% of our volume today! Not buying it!
No dilution overhang
Institutional interest still increasing
And, not a one-trick pony!
Doesn't get much better than that in Biotechland! I know you've all said it time and time, again. Just felt good to remind myself! Accumulation underway ...
Today is irrelevant! OSIR pps is like trying to keep a beach ball underwater! Can only be done for so long!
Fact is OSIR was mentioned on CNBC and that is what kept us in the $18's so solidly, imo. Now, with MDXG mentioned today, the shorts here know their days are numbered. Patience!!
It "feels" like they will take this down to test that $3.40 area, again. I've got my buys sitting there, fwiw, especially with weaker volume.
It's NOT TROV specific. Smaller biotechs are weak today ... my screen is full of red on the stocks I watch.
Keep predicting, one of these times you'll be right! You know as well as anyone here, TROV can be whipsawed up and down, so technicals go out the window some days. However, I will agree that the $12.40 was support and will now be resistance since we have fallen under it, again! The good part is, check back in a year and this conversation will be moot!