gee, even if what was posted was true, it's meaningless and outdated. you all clearly miss the point that the smart money likely sold, unlike retail, most pros are not going to ride a stock 80 percent down other than a pro short likely adding to the short position on the way down.
if you have no idea how to read and use a 5 minute chart, you have no business day trading regardless of the account size
interesting that you seem to state as a fact something that appears no where other than in your statement, ie the last dangling phrase in 3
an absurd and ludicrous and flawed view of how the market and price action works at any given point in time.
if one wishes to try to time price action at any given point in time, one should be using something concrete as a foundation such as a 5 minute chart, macd lines, fast/ slow stiochastics, rsi. as opposed to what one thinks will occur simply because of any recent price pattern observed, as stupid as adding long during an 80 percent decline
yep, those 80 percent dips sure are nice, almost as sweet as those that take the price to zero.
some awful faulty logic here, as faulty as concluding the FDA has any opinion one way or another on the eventual success or lack thereof of any drug simply because an application to proceed with further clinical testing was submitted in accordance with guidelines for submitting such an application
if i call a law school and ask what i need to to gain admission, and then follow those guidelines has no bearing whatsoever as to whether or not admission is granted, and even granted admission, no indication of success in obtaining a JD, and even if the JD is granted, no indication that a properly submitted, based on guidelines, application for admission to the Bar will be granted and at each step along the way, the odds of failure rise. likewise the expenses along the way
seems it was trading too thin for sizeable limit orders to fill that quickly whereas a market order would rapidly eat up supply or a high share order with an upper limit above the ask
Martin Shkreli @MartinShkreli Nov 19
So happy to rescue $KBIO from having to discontinue our promising blood cancer drug lenzilumab. Let's hire the downsized employees back too!
he also said he won't be taking a salary, of course he alone now owns slightly over 50 percent of the company
"Martin talking on stream "if I grow $KBIO to a billion dollar company that's $300 PPS"
a 20 percent drop from yesterday's high of 6.98 to today's low of 5.48, with most of the decline yesterday, yet the pumpers were out in full force last night buyout in the billions, etc.
call ir and ask why the spin, and ask yourself why the days highs today were on the pr release with a chart with a black candle
good thing no avxl longs were on margin during the decline from 14.86 to 3.16, they might have lost real money as opposed to just unrealized profits from buying in the pennies and being stupid.
because big pharma ain't stupid and this puppy dog has been around the block before
and avxl has accomplished nothing in 7, nada, zilch other be a trading vehicle