Titan Pharmaceuticals Inc (TTNP): "Market makers, for example, routinely s...

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Re: matthewverymuch post# 10719

Friday, 10/21/2016 9:59:26 AM

Friday, October 21, 2016 9:59:26 AM

"Market makers, for example, routinely sell stock short as they attempt to meet customer orders. Money managers also sell stock to hedge positions they take in other stocks or to take advantage of arbitrage situations. In neither of those cases are they making a directional bet on the price, so it isn't a bearish indicator."

http://www.wsj.com/articles/SB125311330171216097

Sorry bout that, for some reason Firefox shows the entire story sans subscription but Safari does not.

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K = Kevetrin, the oncology drug
P = Prurisol, the psoriasis drug
SAE = Serious Adverse Event
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