good luck. volume looks good.
Let's see if sheff will sell at 3.25. He already unloaded half his position last week for a minor gain.
went from 1.6M at around 3:50PM when I looked to 2.2M just now. Very interesting. Hopefully we don't crash like the last time we had this type of volume.
good luck to all on monday
BB has a sizeable position but in dollar value, it is not more than 75M. They have 11B in their portfolio so why not add more at these levels?
the volume is not bad. I see almost 300k shares traded in first 1 hour or so. At this pace, it will surpass 1.5M shares by EOD
Thumbs UP if you are frustrated, Thumbs DOWN if you don't care. Just for board sentiment because I'm getting pretty frustrated :) Still would like to see 4.65+ by EOY
Once again, sheff's DD is a little outdated. He claims that he has not seen any other investment with TWO BB in the board of directors. However, if he did a little more dirt digging, he would notice that GHDX has BOTH julian and felix on the BOD. GEVA had THREE BB affiliates on the BOD - Julian Baker, Felix Baker, and Stephen Biggar (another BB advisors partner). We all know what happened to GEVA.
I would reply to ihub but I can't afford the subscription :(
He is spewing out facts that were known many months ago to try to get this up. It seems like he really wants to not lose again on this. good luck to him. I just want 4.65+ by year end.
If you are following sheff station on twitter, he often posts incorrect information. Whoever posted that also forgot to mention the fact that BB are insiders in SGEN and GHDX as well. SGEN performance has been great for the past 5 years. GHDX has just been mediocre.
I have a feeling the BB are short this stock. I am a long here with 20% holding in IDRA but it could theoretically happen. They own 40M pre funded warrants so they have no downside to shorting the stock.
The only question is do they have to report a Form 4 for short sales? 13F forms do NOT list short positions.
And the motive will surprise you. They are trying to create the biggest short squeeze IDRA has ever seen. When the retail shorts pile onto the short IDRA trade as they have now, BB will start covering their shorts and with that big of a short float, then get ready for IDRA to skyrocket higher. This has been done before and it's one of the oldest tricks in the game for warrant holders.
Like I said yesterday, he has influence over his followers to move stocks up and down. Hopefully it is up for IDRA. good luck all.
This makes no sense. A 25-35C bump in price means nothing to the big institutional investors. Do you think they care to pay 500k more for a 20M position? These guys spend 500k a year on just food and beverage at these hedge funds. They also have to deal with fund performance so when IDRA tanks 35% in a year, that looks really bad on paper and then you have all sorts of impatient LP's wanting to redeem out of funds etc. Funds would rather average UP than average down.
What about housing? Tuition costs? Two big drains on most families.
Inflation is everywhere! We would be at 6-9% inflation if calculated using the old method.