InvestorsHub Logo
Followers 2
Posts 741
Boards Moderated 0
Alias Born 09/18/2009

Re: Steady_T post# 146546

Thursday, 12/08/2011 6:29:11 AM

Thursday, December 08, 2011 6:29:11 AM

Post# of 312025
Whoa. Slow down. Just a first reaction ... Yes, it was public knowledge. The results weren't though. If they failed the test, my guess is this would have went down sharply (instead of up sharply).

Regardless, show me where I'm wrong in regards to the unusual trading activity a week before the Wells Notice PR was released. It was specifically mentioned in that PR. This was common knowledge and I don't think a long or a short are disagreeing on that one. The reality was that someone or some people unloaded their shares based on that info. It wouldn't surprise me that someone or some people bought based on those stack test results (before it was PR'd). For example, The recent 10Q was public knowledge, and there was great anticipation for that. Meanwhile, it didn't have the same type of run-up that day (my memory could be faulty though).