Akam is a solid company about cloud infrastructure services and 97% of float owned by institutions. It got punished by last not so good earnings and fell from 54 to 45 now. I think it's an overreaction and its price should go back at least $50.00 now.
I heard this drug can grow for you a brand new liver.
Sentiment: Strong Buy
Their action keeps icpt falling off slower but eventually it'll crash and these naive investors will lose shirts and pants.
GS upgrades SCTY and raises target price from 65 to 80. Every one knows SCTY is a small co. and loses money beside solar business is not good now. I think GS already bought a huge amt of scty shares with low price and now they upgrade scty to lure naieve investors to buy so they can unload shares on them and make a killing.
If you ask any one who bought ICPT at 4.35 what reason he/she bought ICPT at this inflated price?
They can't answer this question but following the herd. This company has no product, no profit but PR.
It's clearly the bad Wall Streets guys' scam. First they destroy the shorts by forcing them to cover with higher price then they bag the longs by shorting them to dead later. Wait and see.
I don't think there are many short retails out there. They got burn badly. This time there are professional short sellers move in as Wall Street Journal wrote and I'm afraid of who get burn are longs. Shorts and longs are losers only Wall Street bad guys are winners.
Aria was allowed to market its cancer drug again in USA beside marketing this drugs in Europe and other countries in the world.. But its stock price keeps going down. Why does this contradiction happen?
The reason is aria has a huge short interest more than 28% of float. Short sellers have to keep the price down as much as they can by shorting with lower price even they lose money so they can cover later before aria moves up again. That is inevitable.
Longs, if you want to make big money. Be patient, not to be panic and endure the volatility caused by short sellers. Sooner or later aria will skyrockett and you'll be rich.
This is typical pump and dump scam. Wall street is full of crooks.
Can you believe it? A Mexican grill chicken restaurant has price $550 and market cap is bigger than many American blue chip companies?
Sooner or later it will crash but before that many naive investors lose their shirt and WS crooks rob their hard earned money.
I really don't understand why someones buy one stock up more than 200% in one day just because its experimental drug has a positive test result? Do they know what they're doing?