Post by
sunshine7 on Jan 28, 2016 3:33pm
Feels like capitulation...
Given the high volume and exceptional losses. Is this where they start to cover?
Comment by
dbcar on Jan 28, 2016 3:39pm
definitely feels like a short attack....check out CSU's chart for today for another example
Comment by
COGT on Jan 28, 2016 3:45pm
Shorts have a seven week window with no earnings no news no acquisitions no problem short the heck out of it
Comment by
argentia77 on Jan 28, 2016 4:03pm
If the rout continues for another month CXR could easily be taken down into the 20's before Q4 release.
Comment by
fdfd12 on Jan 28, 2016 5:47pm
Your friend fdfd has not sold his shares and regrets it every minute. Thanks
Comment by
easymoola2003 on Jan 28, 2016 5:52pm
maybe not tomorrow, maybe not this week or month, but if you've got the stomach for it, a ot of people are going to make a ton of money on this on the long side
Comment by
Itcanbe on Jan 28, 2016 5:47pm
Agreed. I believe a short attack is a big part of what has been happening lately, and still is. Without any catalytic positive news between now and earnings release, the short attack could continue. On the other hand, we may have bottomed today, or will very soon. GLTA longs
Comment by
fdfd12 on Jan 28, 2016 4:09pm
this is not shorts. Shorts dont short 365 days a year. This is the pharma sentiment which is indicated in the IBB
Comment by
sunshine7 on Jan 28, 2016 4:41pm
Agree with market sentiment as this becomes fertile ground for shorting. Market sentiment does not trade 100 share blocks into the weak demand looking for stops and such. There is good inverse relationship between short interest and SP. We are arguing over cause and effect.