RE:RE:RE:RE:RE:RE:RE:Goldmansah1 wrote: I imagine the shorts are taking full advantage this week to cover their position. Quite amazing how it has all played out.
I'm surprised there hasn't been an investigation of the trading prior to the announcement that their FDA fast track was being delayed. There was absolutely no surge in SP, in fact the exact opposite for weeks just prior to their report. Was it PLI who leaked the information or was it somebody in the FDA? That action stinks to high hell.
Beyond that, as you said, shorts are piling on while institutions are selling. As Bull pointed out, there should be some kind of technical bounce next couple weeks beyond. Wouldn't it be nice if management actually did something other than fumble the ball constantly?