RE:RE:RE:LABSToo many people got married to this stock and they are praising the marriage. Market maker on another hand doesn't give a sh*t about marriage. They are more concerned with fair market value and what they can get out of this marriage.
Having said that, you still have to read between the lines. I.e., almost 200K traded today. And yet, the size of the bid is almost the same as it was at the opening. 972K to be precise. Only two things come to my mind. Manipulation or hidden interest in accumulation.
I don't believe in BIG PHARMA news. I believe in news regarding drugs that are under review by FDA.
This is where, if at all, the big news will come out. This will decides if marriage is profitable or it's time for divorce.