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Re: skitahoe post# 533

Tuesday, 10/23/2018 7:58:08 AM

Tuesday, October 23, 2018 7:58:08 AM

Post# of 1106
Agreed, earnings are pretty irrelevant in biotech. I think that the "news" on earnings is usually just covering fire for the manipulators.

I'm just thinking this might be an effort to clear out retail before big news. $9 calls are pretty heavy in Nov and Jan - so it all probably hinges on WHO is holding them.

An EOY dump is not uncommon in this stock apparently:



What would be different this year is:

12/31/2016 69,295,713 - 46.50%
12/31/2016 104,289,653 - 69.98%
9/30/2018 123,419,805 - 82.82% (ex. N-Q)

What is really interesting is Schwab forcing its customers off margin before the sell cycle began - what did they know?






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