RE:Is short selling leading to the wavelike valuations?stock behaves like roller coaster before insolvency - let it ride up and then they just add o short. look at all stock on Bagholder Quotes like DRYS SUNEQ and ANY. All behave like CXRX, and all bagholders say #WillStabilize and then grow. Without price increases, there can be no growth as market knows this as the company that doesn't do any R&D on new drugs. Shorts believe that they can not even service their debt so that is why targets are all below present stock price. Much better stock are out there to invest long. Many stocks now setting 52 week highs and people are just stuck wishfully thinking it will go up and trying to convince others it will. Insiders in the company have not bought for the last year and that does not inspire a lot of confidence that they believe stock price go up.
suitman87 wrote: This is the first stock i've invested in that has had such strange forces pushing up and down its values. One day it will go up 10% then another down 8%. This was definitely the case 2 weeks ago and the wave seemed to end pretty quicly last week. Well anways, doesn't anyone think that its kinda strange that no news can come out about the company whatsoever and the stock can lose up to 8% if not more of its value. Then gain an additional 8% or more at a later period with still no news.
I think short sellers are the only people controlling this stocks price now. I know things will stabilize eventually its just a matter of when. I've narrowed things down to the beginning of 2018 lattest for the stabilization for the total recovery to begin, although i'll be hoping for things to get better sooner just for the sake of our own mental and heart heatlh. I'll be keeping a close look at the market next week and will keep posted on the new british regulations and pricing investigation. our ownly true price threats other than the short sellers are the new regulations in england and the possible fines on the company due to high drug pricing. otherwise this company has nowhere else to go but up. I my calcuation, i would say whats happing in england is like the sore muscles resulting after a powerful workout. It may hurt like heck, for the short turn but in the long term it needed to happen to sustatian real and solid growth. There is nothing we can do about the short sellers though, all we can do is wait for the majority of them to catch the hot potato and get caught up in canabolistic trades before they give up on this stock and go back to short selling yu gi oh cards to their freinds and family. the short sellers will probalby have one final harrah when this stock hits its lowest point which is likely soon and then will have either become long sellers or sell the stock at a decent gain in a panic as it stabilizes then heads upwards.