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Stock price has already been shorted down to $4 in

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Post# of 155117
(Total Views: 548)
Posted On: 03/08/2021 1:28:24 AM
Posted By: MarcS
Re: onestepahead #81832
Quote:
Stock price has already been shorted down to $4 in anticipation that drug failed however the drug proved it worked on even the sickest patients.


Kind of a short the rumor, buy back on the news, maybe?
The stock should have been trading at $10 a share last week based upon how most of thought. But, the market priced it at $4.
So, maybe much of the actual results have already been priced into the current stock price.
I guess we will see tomorrow and the next day.
Actually, I am still hoping we go up.


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