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S&P 500
5,346.99
(
-0.11%
)
US TECH 100
18,488.00
(
-0.25%
)
Dow Jones
38,798.99
(
-0.22%
)
Brent Oil
79.40
(
0.00%
)
Bitcoin
69,383.33
(
0.07%
)
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Bio_pete

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Bio_pete

Re: DewDiligence post# 149858

Tuesday, 10/02/2012 5:25:45 PM

Tuesday, October 02, 2012 5:25:45 PM

Post# of 252107
"Why was SRPT off almost 10% today?"

I don't think anything can be read into todays trading actions. The stock had moved from $14 to over $17 in the last five trading days. I bought the recent lows & sold into the strength & I'm sure a lot of others who follow the stock did the same. It was a perfect set-up for the shorts to push it down since the buying was just momentum players.
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