For the longs meaningless, for the traders quite a quandary with many expecting top line OM results early the following week. Whether that happens is moot, though, as the traders have to flip a coin next week if they are going to chance a sell/short trade knowing they could be on the wrong side in a big way soon thereafter. I am looking at 31 Mar as my day of reckoning for the SP as by then IMO we should have top line data re Prurisol and soon thereafter hear something about big happenings for the company. Of course, dates can fluctuate on the spur of the moment w/ biotech so that is a very fluid date. But at least til then, the daily mishmash of this managed share price concerns me not.
As an investor that doesn't dig too deep into all the street shenanigans that appear to me to be a legalistic crime against individual investors and allowed by Congress and the SEC, your posts regarding the shadow/mirror trades go beyond me but I feel better knowing you are watching closely and that you feel the short gamers are going to get their keisters handed to them one day. Thanks for what you do.
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