Tuesday, October 10, 2017 9:16:28 AM
I don't exactly see this as a big problem for the long term. It'll probably shake out some of the traders who were only in for a swing trade anyway.
Some of the actual long-term investors will probably gamble on a quick flip.
I'm not surprised about getting some Seeking Alpha hacks trying to knock it down. Some of the short interest has refused to cover. They're probably already pretty underwater and looking for a way out.
They can short it all they want.
Eventually, they'll have to cover.
My bet is on the Japanese trial results. Whatever happens in between is only noise.
I notice that the anonymous SA author conveniently left out that we are expecting news from the AMI trial. It could be interesting...
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