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Monday, August 20, 2012 10:25:51 AM
It is insufficient that a certain "self annointed" biotech guru is "purported" to be buying stock in PPHM. He has done a great deal of damage to many market participants both long and short.
It is insufficient that certain of the gurus' friends and associates are "purported" to be trading PPHM from the long side.
It is insufficient that the same shallow and false guru no longer pounds PPHM with biased short selling recommendations to his misguided followers.
It would be insufficient if the same guru advises his followers to hedge or cover PPHM based on technical stop controls.
The only thing that would be sufficient , IMO, is if the same guru admits he was wrong "fundamentally" and actually recommends his followers not only cover shorts, but, go long at much higher prices than where he recommended being short.
Best Regards,
RRdog
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