As I wrote in previous posts, alny survives and flourishes by PR because people like theory of RNAi and crooks work along side with company management to make money. The deep drop of price today is not because it misses 10 cents but because crooks sell and short to push price down as much as they can to scare investors to sell with a big loss then they buy or buy cover.
Within a few days or weeks, after crooks finish the buying, the cycle starts again: Company issues good results about RNAi drugs, analysts issue upgrade and set target price sky-high. Crooks buy first with price higher and higher to lure people in then investors jump in to buy to make price even higher then before crash.
For years mstr price is around 170 -180. Suddenly with a good earning (thank to cut cost by lay off employees) it jumps 35 dollars in 7 days. That event is only explained by a Wall Street scam because mstr is a small stock with average daily volume around 80K therefore it's very easy for scam artists' manipulation.of price
Look at the chart, we'll see along with many small buy blocs of one or 2 hundred shares, there are a few sell blocs of 5 or 10 thousand of shares. I thinks crooks start to sell. Any way I'm willing to hold short position from 1 to 3 months until mstr goes down under 200.
An unknown firm Sun Trust rbsn Humphrey upgrades mstr from neutral to buy and makes stock jumps more than 12 dollars. I think this is a Wall Street scam and I short 500 shares mstr at 215.51. I believe these crooks try to raise the price very high to lure investors in then sell and short mstr later, so investors can't get out of the their trap.
Suppose ALNY issues 1 PR every 3 days. During the 13 years ALNY issued 1581 PR without a single product and management and hedge funds crooks raked in hundred millions dollars. Where is this money, can you guess?
7/10/15, 7/14/15, 7/16/15, 7/17/15, 7/20/15, 7/22/15 : One PR every day for nothing at least until 2017 as they said (will apply New Drug Application.
If you look alny chart you'll see how the "PUMP & DUMP" Strategy works.
Another PR today and will apply new drug for 2017. They issues at least 1 PR every 2-3 days.
Of course alny always talks about their "new future drugs". In reality they didn't have 1 single drug in 13 years. Wait and see how long they would have the first drug if any.
It's funny when the company has no product for 13 years and CEO earns 1.1 Million salary and exercises more than 25 Million stock options.
If you look at at column "Presse Releases" of ALNY on Yahoo Finance page, you'll see ALNY issues PR every a couple of days. These PR always good news about RNAi but NO REAL RESULT for 13 years. So far ALNY still has no a single product. This is a record and ALNY survives by the news like a patient is alive by life support machine.
The management will never announce bad news unless they're bankrupt. This company survives by feeding investors good news after good news about RNAi for 13 years.
ALNY was found in 2002 and stock price is up from a few dollars to 126.today without a single product. Why?
Because the company feeds investors constantly good news after good news about RNA (never materialized).
I wonder how long would these investors wake up?