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Thursday, March 04, 2010 12:55:34 PM
average investors are bagging, and maybe trying to avg down also.
long longs arent selling, semi longs who are bagged, selling some positions to try and make losses back elsewhere, bunch of stuff going on.... will keep going on until news from cully.
:my opinion? after cully talks with FDA, i will bet they will come to a shorter term agreement, not 6 months, probably 2-3, then re-submission. hopefully anyway, if not, earnings come at the end of this month, expect a drop, unexpected fda BS will take a toll, and price will drop again.
unless news on 514 comes sooner than expected. Culley likes to take the sting away from bad PR by thowing some good PR hints out our way. DAMAGE CONTROL 101. expect news on 514 towards the last week of this month .
-x
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