Lets start our version of the price is right. Guess the closing price after earnings release next week. Closet to exact within this thread gets the grand bragging rights thus forth on this board.
I'll start with a price of $5.90
It's not a ridiculous prediction. Why do you think the stock fallen like this. It's a real possibility. Early stoppage happens and can totally destroy pps
I hate to point the obvious but insiders can't sell around earnings. I'd be more comfortable if no insiders are selling after the blackout period ends next week.
Well the short term risk is early stoppage of the Galaxy Trial. If that happens we see low 3s or below. That's why the market is scared IMO. They don't like he unknown and a silent management team.
Here's some real advice. Hold if your long but at very least protect yourself with puts. I would not want to be going into earnings next week without downside protection.
Management best speak the word of god at earnings call or we'll get slammed hard and fast,
And calls BS. We'll see. I'm still leaning long but hedging short for near term. Going into earnings next week they better speak the word of God or this one tanks to low 4s
Yep this adds credence to my speculation hat the abrupt exit of the CEO is related to a buyout.... Very few opportunities are telegraphed to this extent
Could be. I've witnessed the immediate departure of CEOs just prior to buy outs. Purely speculative but nonetheless possible....