I bet the premarket is going to be screaming!!
But then again, why do that and fire themselves?
The Chinese thing is one part which I admit does not directly affect BioCryst rght now. In any case, unfortunately the death toll will increase, and these flu stocks will pop here and there. BCRX has other things in the works. They have a buy rating. Going down from here seems unlikely.
I am amazed by the weakness in this stock. Every single day it loses another 10 or 15 cents. What is the story behind this turkey? Are they going BK? Being delisted?
There is no stopping the drop.
Why is it falling all the time?
something about near term margins, maybe. I jumped in for some shares. I cannot imagine it staying down here for long, and not even throughout today. No rational explanation, but the market and MMs do not play by rationality. In fact, they intentionally go against it so as to make traders think they missed something so they will sell into their bids. Same old shell game. Just play, and buy instead of sell.