The nature of daytrades makes the blinded aspect of results seem very much intact. Shorts don't know anything or they would be pushing this to lower low's. Longs are equally without insight. The recent correction has given shorts the opportunity to cover which imo will create an upward biased drift into the close. I agree about the lack of S filing.
I guess friday's action to sell 25k shares was no big deal, but what does board think of overall insider activity? Are these sales not indicative of their sentiment, rather a means to pay themselves during the course of development? See link below
From time to time I try to generate additional income via covered call writing. I am long stock and short the March $3 calls, partly offsetting my position. I had been short the March $4 calls until yesterday. Since they were acceptably profitable, I wanted to increase my long leverage by flattening that position ahead of the cc.
I would consider shorting the April $4 calls, the ones I presume you are long, if the right parameters evolve, but that's not the current situation imo. I notice that premium in the calls you are long are inflated due to the European conference, and imo, the results may not be known before their expiration. If you want to be sure to take advantage of possible upside from a positive event, why don't you consider rolling your call position up and out or just out to May while you still have some premium left in your position?
by two months and a quarter ($0.25) higher in price to $2.75 from $2.50 for 3.5M shares. Just saying for those that don't look carefully. Thanks for posting the news. What did you think of this morning's news item-kind of went under the radar since all focus is on stroke trial?