Synergy Pharmaceuticals Inc fka SGYPQ

[kex0414]

If you are Long or Short, the current price of SGYP means absolutely nothing. An upswing of a few cents may help Longs sleep better, but in the final analysis, the only significant event is the outcome of the proposed Bankruptcy.

The only ones profiting from these price fluctuations are the scalpers and swing traders. In fact, if you are a Long and are accumulating, lower prices help you out.

Just as an aside; I never understood why those who owned 5MM shares and are accumulating, will sit on the Bid during a dip. You get a few shares for less, and drive the value of your larger investment down. Hit the Ask. You’re already getting a deal at the dip prices. In the overall scheme of things, how much is the cost differential really?