Anthera Pharmaceuticals, Inc. (ANTH)

[TRACING]

Wow, I cant believe this got by EVERYONE

Doesn't ANYONE wonder WHY people are even BUYING a stock targeted at only 1.28 in 12 months for over 2 dollars ?

HELLO HUGE MISTAKE HERE

On April 24 the stock is trading at 40 cents and the 12 month is downgraded to 1.34

On April 28 the 8 1 split is announce and the stock is reduced from 80 to 10 million shares.

It opens close to 3 dollars and immediately starts dropping for no reason to almost 2 dollars.

Because people SEE THE 12 MONTH SET at 1.34 and dump it. They think THEY are getting over on BUYERS.

LOOK....

says 80 million shares out and target 1.28, yep, on the 24th, but not now, only 10 million out, and that 1.24 is eight times that.

http://finviz.com/quote.ashx?t=anth


4 days before split, that no one knows about, downgrade 12 month to 1.34

http://standardoracle.com/2017/04/24/jefferies-downgrade-its-coverage-for-anthera-pharmaceuticals-inc-anth/


then split is announced days later

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12024803&RcvdDate=4/28/2017&CoName=ANTHERA%20PHARMACEUTICALS%20INC&FormType=8-K&View=html

Does no one wonder why anyone would even BUY a stock with a 12 month of less than 2 dollars for over 2 dollars ?

Anyhow, I have been buying it

Oh, they also have a catalyst this month, clinical trial data release :)