Why no mention of the last 200 days above $7. Reality is, at this point shorts want it to run for a while. They would much rather short it at 7 or 8, now that they know it can get there, rather than short it at 5!!!
Well put. Eventually the facts will dominate the manipulation and we will start justifying the analyst's that have it in the 20's!!! I have lost count of how many stocks I lost patience with only to realize a couple months later I would have been up 20 or 30% if I held. NOT THIS TIME!!!
My guess, FBR greased Zacks palm to get them to release an article contradicting Rons interview and keep their rating @ sell. Ironically, over 80% of their readers think KERX will go up tomorrow and over the next month.
Seems to me your whining as much as anyone simply because some people don't want to lay down and tell themselves "I got screwed, oh well"!!! It's a message board, If you don't like it DON'T READ IT!!!
It wouldn't stop anyone from being able to get in or out a couple of times a day. What it would stop is the MM's from being able to buy and sell a hundred shares at a time several hundred times a day to themselves to manipulate the price. You can not educate yourself on what manipulators are going to do on a daily bases and due diligence is almost meaningless on a stock that is controlled by manipulators. What happened on Friday is a perfect example.
Limiting the amount of trades that can be made in a day by any 1 firm or person. Maybe 3. Bet that would slow manipulation way down and start letting the share price be controlled more by the merits of the company!
Actually, lots of people lost tons of money that had stops in case of another delay or CRL. Many people use stops because they can't be in front of their computer to monitor it. So their stops kicked in and they shouldn't have with an approval. I don't necessarily believe it should have run up 30 or 40 % but for it to drop after approval the way it did is suspicious to say the least!
Insider trading is ridiculously obvious and if the SEC doesn't see it they should be shut down because their nothing more than a waste of tax payer dollars!!!
Wondering how many shorted around 18 this week expecting a big pull back that never happened. I would think alot of them don't want to risk an approval announcement by Tuesday morning!!!
You shorted did'nt you... LOL
All the buying started around $1.90. Before that there was no volume. All who bought are not going to dump before ex-dividend to make 5 or 10 cents!
You must be a shareholder when the market closes on September 12. After that you can sell. Question is... how much will it move up till the 12th and how much will it drop on the 13th? Not sure selling on the 13th is the best thing to do. I've seen PPS drop on x-dividend date (13th) and then climb backup within a few days after.
Hey IDIOT, it will drop .70 cents below whatever the pps is at closing on sept. 12. By then it could easily be above $3. Look back at what it did in march of 2010 the last time the had an extraordinary dividend. I you shorted it yesterday just be ready to cover on the x-dividend date, you MIGHT make it back to even!!!
FOLD jumped over 30% today on positive phase 3 results for their pill that could replace I V on a patient population of less than 10'000... Granted, their PPS is a third of KERX but their market place for their pill is less than 100th of KERX!!!