RE:RE:Traders ordered the Mackie takedownI'm not sure what your point is?
Do you not agree that the report is poor and suspicious in its timing?
Do you think it is normal to slash your target price 90% and discuss lower Egrifta sales (this has never been guided)?
bfw
PoorOpinion wrote: A few days ago you were cooing about the rising SP.
One thing more volatile than this stock is SOME of the people on this board. Somebody mentioned it a while back, red days bring out the more emotional, irrational comments on this board.
bfw wrote: The timing of it is very suspicious.
The share price was turning a corner and had rallied up to and just over the 50 DMA on a weekly chart.
The 50 DMA was some natural resistance. Perfect time to short and distort.
I can understand reservations about Trogarzo script numbers but there was zero reason to take down Egrifta estimates. Egrifta has been growing reliably. Finally, the target could have been dropped to $14 rather than $10.20. The traders ordered a shock value drop.
bfw