Same position as you, but I am hoping it will bounce back to 5 after great earnings report next week.
I want to see 30, but I also want my wife to be convinced right now that I am wise biotech stock picker, or else she would stop lending me money to cover my margin calls.
Anyway, if nothing happens to China, Greece, or Russia, I see $6-7 at least by the 2nd week of June.
That is all I can say.
When will Napoleon ban shorting, because it is not investing, and is against all principles of a civilized and democratic economy?
One more manipulation downward before pps is allowed to run up to $5-6 the last week of April. Maybe.
Five of Six Evaluable Patients with TRK Fusion Cancers Achieve Confirmed RECIST Partial Responses; All Six Demonstrate Significant Tumor Regressions –
– All TRK Fusion Patients Remain on Study, With Longest Follow-up Beyond One Year
ARRY pipeline is more impressive, yet LOXO has higher market cap.
Street knows how to make money which ever way they can. Street pulling this down today and loading up and will probably drive this back up tomorrow or the next day to 4.50 or higher.