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Re: ignatiusrielly35 post# 29189

Wednesday, 08/09/2017 3:10:53 PM

Wednesday, August 09, 2017 3:10:53 PM

Post# of 108192
Yes, quite likely. Also, I have noticed that the daily volume has been going down quite a bit in this price range. Even with all the laddering down using HFT, I don't think the hedge shorts are able to harvest enough shares to cover even a minor fraction of their extraordinarily large short position.

I had surmised previously, like Catt, that Adage was perhaps the short cartel leader playing this down currently only to cover and reverse at an opportune time. But I saw your posts indicating that they are definitely not behind this multi year long suppression. Assuming your are right, I sure hope Adage, Broadfin and FMR are just waiting for that one major positive catalyst to pounce on the short players. I think it might be an EU partnership or perhaps something with Merck.
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