My take on trading action: This past week and a l
Post# of 72447
Posted On: 03/31/2016 11:48:42 AM
My take on trading action:
This past week and a little has clearly been a couple of factors. Not sure how who is weighted but this is all in my opinion anyway.
There was a buyer that has been around and was keeping a low profile for awhile he got tired of the little bit here little bit there and got nervous about missing the timing of news that is very close and started buying. The manipulators one realized they couldn't stop the run joined (maybe covered some shorts, nerves will get ya) The manipulators where testing the strength of the run and how much time they will have to either cover their shorts or jump in on news. Not liking how easy it was run up they have wanked it back down to try and collect more shares trading them back and forth clear out(screw over) all the traders they dragged in with the run. Today they clearly had to look like it was still falling that is why they manipulated a false open it was all buying early with some slight of hand moves to make some buys look like sells.
To me it looks like they are planning their best exit strategy! They have tested it 3 times now and each time it has proven to be harder to clear out.
Lawsuit drop, Prurisol good results, B-OM preliminary good results, kick off B phase 3, Kevatrin paper release.... if a couple of these things hit together it is going make theirs lives difficult and they know it.Watch for a green close today and a run tomorrow. They for sure have some inside information on the lawsuit and are going to play real close to that information.
This past week and a little has clearly been a couple of factors. Not sure how who is weighted but this is all in my opinion anyway.
There was a buyer that has been around and was keeping a low profile for awhile he got tired of the little bit here little bit there and got nervous about missing the timing of news that is very close and started buying. The manipulators one realized they couldn't stop the run joined (maybe covered some shorts, nerves will get ya) The manipulators where testing the strength of the run and how much time they will have to either cover their shorts or jump in on news. Not liking how easy it was run up they have wanked it back down to try and collect more shares trading them back and forth clear out(screw over) all the traders they dragged in with the run. Today they clearly had to look like it was still falling that is why they manipulated a false open it was all buying early with some slight of hand moves to make some buys look like sells.
To me it looks like they are planning their best exit strategy! They have tested it 3 times now and each time it has proven to be harder to clear out.
Lawsuit drop, Prurisol good results, B-OM preliminary good results, kick off B phase 3, Kevatrin paper release.... if a couple of these things hit together it is going make theirs lives difficult and they know it.Watch for a green close today and a run tomorrow. They for sure have some inside information on the lawsuit and are going to play real close to that information.
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