Old API Wind-down Ltd - Ordinary Shares ARLZQ

Shorts run the show

[GoldenDilemma]

Regardless of how you want to spin it, this is not healthy price movement or beneficial to any long holders. We had great news this morning, pre-market bids as high as $6.15+, and in the last 2 minutes of pre-market, shares start getting dumped. 

Yes, completely irrational against the fundamentals. But my guess is the short position against this company is likely the same people who are financing the company. Think of it as a hedge or insurance policy in the meantime.

So, on the premise of TA, we are filling the gap on the chart. $5.10 zone is where the dust settles. What a joke.

[kuatolives]

When ARLZ reports a 45M Q4, that will all change.

[GoldenDilemma]

Sure, and that's reported in first half of 2017.  Thus, longs would have made more money shorting or trading this company than holding through this nonsense. Especially given how the SP now (and in previous months) has been lower than last year TRX/POZN comparatives. But, of course, none of this matters if the perspective is 5 years. YTD price though - garbage. Until we are able to

[2quick154]

I think it'll be about $30M in sales for Q4 as we may only get 2 months of sales on this new acquisition depending on when the deal closes. Extremely impressed with the execution by Adams and co.

[kuatolives]

But agreed something is kinda goofy.  Today we're somewhere between 150-200M in anual revenue and we're trading at 1.5x that? Come on.  Who would be selling @ $5.30 at noon after an annoucement like this? The Yosprala approval/momentum punters are long gone; retailers would be holding tight at all levels; insiders wouldn't be selling - so who is? 3 million shares at $5.30

[Bigboyone]

Kuato- Your post sounds like I could have wrote that....Yeah doesnt make sense volume, numbers to where we should be estimated,stock price. etc, gone are the days when good news, or an FDA approval or a top flight aquisition would run a stock to where it could go 50% to 100% higher.  Rest assured whomever is "Shorting" the stock, is not your average stock buyers. Its organized and

[kuatolives]

If everyone who bought at lower levels in the last 5 days sold this morning, that would JUST get you to 3M shares, or the volume we're at right now. If you bought before the 26th of Sept you'd still be under water, and if you held through the Yosprala volatility, you're not selling now either, so who's selling at 5.30? It's just an oddball number for so much volume to

[GoldenDilemma]

It's simple. The stock is shorted and plays entirely on the premise of TA. And, to the advantage of TA, you have the short sellers who almost certaintly are on the options side of things. They take the price (and chart) where they want it to. 

[kuatolives]

You'd think you could only short so long before the money you're risking on short selling is more than the money you've got riding on options. You'd think the levee would have to break here sooner or later (cue Led Zeppelin)

[GoldenDilemma]

Blocks being shorted or sold are tiny little chunks. 100 share blocks. Keep dropping little 100 share turds on the bid and price trades sideways, goes nowhere, or goes down when a larger order gets filled. This is precisely what is happening. If you have L2, or some sort of market depth to see the transaction history... 

[kuatolives]

Was just going to say, seems like someone has an unlimited number of shares to dump at 5.31. They have to run out sooner or later.  I want all those bozos who wrote those 6 dollar call options to get roasted. Damn I wish I had some more powder. Make these jackals work for me.

[GoldenDilemma]

This same thing is happening though at each subsequent price when we trade sideways like this. Was happening yesterday, the trading session before that, etc.  The price gets into a sideways grind, does not breakout or move up, eventually drops down an additional amount, perhaps they buy to cover (as there are typically some small little 3-4% pops which happen), and then the process gets

[Floridas2000]

Inevitably a few things are going to happen: 1 - if it's a game of shorting or options redemption at some point they will have to pullback on it before someone starts questioning it.  I'm assuming some traders have a pharma game plan and they look at companies with specific catalysts and drive it up or down depending on these dates.  They can make a killing of the volatility but

[snootchybootchy]

It was a pretty rotten day in the market and October is always volatile plus you have the uncertainty with the upcoming election to boot so perhaps some investors sold to build up cash.  Wouldn't be surprised if our stock price starts running more in November.