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Re: TraderRambo post# 5449

Wednesday, 08/20/2014 11:11:59 AM

Wednesday, August 20, 2014 11:11:59 AM

Post# of 6805
I noticed that as well. I continue to wonder whats going on with these guys, but will watch and enjoy the ride. I feel like the immediate risk is largely removed. When we look at prior events, like the May 23rd day where GSK was rumored to look at a purchase of Dara and the stock went from like 1.10 to 2.18 in the same day, it's clear that the MM's are largely suppressing the stock price and taking advantage of short opportunities. We saw the same on July 23 with the PUMA activity sending it to 1.64 in one day, up .25 cents.

This thing can move fast.

The info on the J&J gentleman is interesting. I wasn't aware he was involved with the acquisitions funds. Makes the theory even more interesting, but of course just a theory.