Old API Wind-down Ltd - Ordinary Shares ARLZQ

Quite anti-climatic

[GoldenDilemma]

Either was priced in during run up last month, or we will see more rise in coming weeks. ARLZ side has to break $7. 

Still being shorted, as well. 

[kuatolives]

The market isn't giving us anything without proof, so I think we'll start to see some real green in the coming weeks/months, and then in Q1/Q2 of 2017. Once the bozos go away and ARLZ is seen as a bona fide pharma play with much of the risk removed, we should (IMO) start our climb to $10/13. If 6 bucks is our floor, I'm fine with a slow grind upwards from here. Makes hitting that sell

[Bigboyone]

Don't think we are being shorted here..Now that we have the positive news its is easier to figure out. Yesterdays first sudden drop was definitely done intentionally to create a buying opportunity and the MM to take out "Stop Losses"   I see the current price here as nothing more then accumulation. It would be suicide for short's here..I do expect a

[kuatolives]

I for one am thankful for the posters on this board (Golden especially) for bringing to light the nature of the short attack. Would have never seen that myself. Prevented me from having a heart attack. Can now point to at least one instance where this board has brought value!

[GoldenDilemma]

No need to have a heart attack... Yosprala is now approved, pop a few :) But, expect some going forward turbulence. Shorts still piling on. ARLZ could dip to $4.9 - $5.5 before next run up. Strictly technical. Too much resistance right now AND we have good news. 

[kuatolives]

The share price can do whatever the hell it wants for the next week as far as I'm concerned. Short away shorts, I don't care. Any drop will likely be an aftershock of 8 million shares trading hands today, or so I would think. Once the bozos have finished their rush to leave the theatre, we can figure out a valuation.

[GoldenDilemma]

We should soon be north of $7 on US side once the dust settles. Give it some time and we trend up. 

[GoldenDilemma]

There are short sale restrictions today on ARLZ meaning you have to cover on the uptick (ask) vs. bid. I suspect the shorting happening to take price down is so they can cover on cheaper ask. 

[snootchybootchy]

We're still trading below the price prior to the flash crash yesterday.  I think Bigboyone's friend is correct -- the shares traded up these past weeks because the FDA approval was seen as a given. And then it was an "avalanche of sells to see who can get out first" since most of the gains were already made.  But that's ok.  I remain long and will hold and wait

[GoldenDilemma]

No, it was not an avalanche of all these eager day traders trying to get out. They had plenty of exit time beforehand - at higher prices, too.  What happened yesterday was demand slowed down simply cuz people holding, were holding. As demand slowed, shorts piled on (the supply). The shares offered on the ask (what you buy), were sold short.  Then, a large block goes through which