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Re: sentiment_stocks post# 42788

Saturday, 10/10/2015 7:41:13 AM

Saturday, October 10, 2015 7:41:13 AM

Post# of 704038

It's as if Woodford helped push us up to the July options... in order to take those shares off the table.



Yes, I am quite certain that Woodford instigated the rapid increase in share price prior to the July options expiration to, as you say, "take the shares off the table."

And I know that many are criticizing my argument (Ready) and saying that shorting 2.3 million shares would make the share price drop.

However, with the volume of shares that Woodford purchased, he would be silly not to short a percentage of shares for an occasion such as this. And, no, it wouldn't necessarily cause a drop in share price. If he shorted say 1,000 shares each time he purchased 10,000 share blocks...there are reasons why he is buying on the open market...

AND, you do know that Martin Shkreli is a hedge fund manager, right? He knew that what he did, raising the cost of Daraprim from $13.50 to $750 per tablet, knowing that health insurance companies are on-the-hook to pay, would evoke a response from politicians. IMO This was a planned attack on the whole IBB, which hedgies knew was already inflated. Hedge funds are desperate to eek out a gain this year. It's a very bad year for hedge funds and this "play" will certainly boost the bottom line of some of them.
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