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Re: Oren1976 post# 724

Wednesday, 03/22/2017 8:08:37 PM

Wednesday, March 22, 2017 8:08:37 PM

Post# of 2099
Several possibilities:

1. Someone privy to trial data with whiff of bad news
2. Bad news on planned ovarian trial--FDA doesn't sign off on something
3. Whiff of bad vibes by someone at Oppenheimer
4. A secondary is entering closing stages
5. I just read a theory of a margin call which prompted the seller to tank the stock to obtain capital by 4 pm today. LOL... but it could be true in a sick way.
5. Related to 4. somebody needed cash right away for personal/financial reasons cause their in a bind.

I think it you wanted to exit a substantial position, it would make sense to trade out 25 K shares a day over a few weeks, unless the interim results are due in the AM and that is most likely not going to happen. Any action on the put/call today?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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