GREY:ATBPF - Post by User
Comment by
guildwood1on Mar 11, 2015 4:24am
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Post# 23508282
RE:RE:Buying and Selling is mixed
RE:RE:Buying and Selling is mixedSailors take warning. I unfortunately I have been involved in two runs exactly like this that went sour extremely fast. MBAC saw huge volume and gains prior to a negative press release on capital requirements and lack of commercialization and ZMS which skyrocted prior to a court settlement that ended up not the massive settlement that is was hyped up to be. This is eerily similar as it has been a very closely watched stock that saw a few large buys at a low triggering a multiple day gain snow ball effect based on pure follow the heard speculation. Fact of the matter is they have been very tight lipped prior to any news releases and have recently indicated a severe capital requirement/ suspension of their main drug due to potential hepotoxicity. Not a great combination.
I unfortunetely sold this prior to the run but if I was still in Id definitely take my profits when I could. I could be wrong but any negative newsrelease and this drops like a rock.... Or vice versa.
Good luck.