![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, April 11, 2013 8:42:17 AM
Earlier this week we had a discussion on the short position now nearly 16 million. I mentioned that shorts do not have magical information, they are just as greedy if not more so than longs who do not take profits on big runs. This week there have been a few examples of shorts slaughtered by their greed. First Solar the other day and today Acadia Pharmaceutical I stock thankfully I own. The short position on the last report for ACAD increased incredibly by 500,000 to the highest level in a year over 5.3 million. This morning the company received notice from the FDA on fast tracking their Parkinson's drug, stock up nearly 50% at one point. It will be another burn the shorts day over there. This was not a mystery that the FDA approval could happen as the results for PDP were spectacular but the shorts greed has left them with a mess. I mention this again to not get discouraged by the short level.
Cheers
FEATURED Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • Sep 4, 2024 9:02 AM
FEATURED Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • Sep 4, 2024 8:45 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Avant Technologies Announces Strategic Review Process Intended to Maximize Shareholder Value • AVAI • Sep 4, 2024 8:00 AM
PickleJar Launches National "Get on the Bus" Campaign, Unveils Thompson Square Tour Bus Wrap • PKLE • Sep 4, 2024 7:17 AM
Maybacks Global and Inventel Products To Launch Global 24 Hour Shopping Channel • AHRO • Sep 3, 2024 9:15 AM