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Re: austinmediainc post# 17787

Thursday, 08/21/2014 6:18:57 PM

Thursday, August 21, 2014 6:18:57 PM

Post# of 721772
I appreciate the logic you are applying , but ICPT traded $497 off of a Ph2 mon alcoholic liver disease drug approval , markets trade off of perception , opportunism and momentum . A lack of sellers when the shorts have to cover could easily add $100++ to whatever price it initially gets to .

When it's obvious it's going to get approved , for L or D or even the hint of large pharma interest , market cap, p/e ratio , future earnings and dividends mean nothing ...
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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