OTCPK:ARLZQ - Post by User
Post by
GoldenDilemmaon Nov 09, 2016 12:57pm
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Post# 25440958
Woo!
Woo!With Trump winning and IBB handling it well, does that mean Deerfield maybe stops shorting this stock?
Who knows - if they did have a short bias here in previous months (as I outlined in previous posts), it could have been to hedge the potential risk of Democratic scrutiny on the pharma sector. It may have also been a hedge against the entire IBB seemingly "stressed" by what Bernie and Hillary were spewing. Doesn't give much room for something to move up with that much negative sentiment.
Because, aside from us not having Q4'16/Q1'17 financials for ARLZ - the company has never been in a better position so this depreciation has been quite ludicrous.
In any case, just based on TA, the day chart for ARLZ looks great! What is key is whether these moves across the pharmaceutical sector fades in the coming days, or the sentiment remains.
Note: no confirmation on a Deefield short... but, do consider it ;)