if in fact that is true, then the opening trade will be about the low of the day. Pre-market players are trying their best to keep price down. If it rallies too much, pre, then much harder to buy back!
Whether it's was flash crash, the market sell-off in 08' thru 10', the daily wipeouts in the biotechs yahoo on 5/19/2015 for the last 20 minutes or just Cramer spewing nonsense ( he calls investment advice )...nothing will be done about it....ever!
Nobody went to jail from the big banks, the flash crash was blamed on one guy who supposedly caused it from his basement in the U.K. ( scapegoat ). Cramer was rewarded with his own reality show where people individuals have become his contestants. ( they all lose ) and finally yahoo on 5/19. This has happened in the markets for some time and nobody will ever do anything about it!
sorry for ranting but it's getting very old!! And, let me repeat myself...nobody will do anything to stop it!! too much money at stake!!
1) Yahoo still owns the shares!
2) shares are still and have always been taxable to us as shareholders!
3) As Alibaba rallies, the shares are worth more not less!
4) other options will present themselves if this doesn't work out!
5) stock didn't actually go through roof with this tax free spinoff...maybe something better out there
and the games continue! Someone is allowing this stock to drop .08 to .10 at a time and quickly recover Like I said yesterday, it happens everyday in other, more heavily traded stocks, but not CPRX. Oh and BTW....05 spreads? Really?
Another negative article about AMRN without mentioning anything new. Repeating what everyone already knows, is not journalism. "Companies like, is hoping to, and may have to perform" are words that can be used to describe any small bio. The author, Sean Williams, or should I say the contributor,specializes in the health care sector, but also has a penchant for mining, retail, and automotive stocks, as well as personal finance and macroeconomic topics of interest. Sounds like he is a real specialist concerning AMRN! Tired of these bashers!
Usually, with this stock, a washout happens before the next move up. Most of the volume today (almost 350m shrs ) was after 10:00 and through the 4.50 stops. Won't predict the bottom but volume has now slowed at lower levels. Lets see what the rest of day brings.GLTA
Sentiment: Strong Buy
If this, in fact, just a flush, then it could get back to the $2.60 area, once we're done. Earlier I said near yesterday's close, but that seems a stretch. 50% retracement from the $1.80 to $3.30 move, brings us to $2.55 ish....GLA
Pump and dump? Not with this much volume. Not since Sept. '13, have we seen this kind of volume. Back then it was news and now?? Let's wait and see, but I believe it's much more than pump and dump! Back to the area of $2.50 ish is healthy..If all is well, we should get back to near yesterday's close
Not to question you, but don't see the Baker Bros. as holders. Did I miss announcement?
There are so many more...vnda, cprx,hrtx,tkm,isis,fomx etc. they have 110 positions and 95% of them are in healthcare
Volume I was referring to was not the total daily volume. Only the volume in those few minutes. Should the stock really go down .18 on a few thousand shares? check out the move and volume at 10:00 to 10:03