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Re: Ajax133 post# 16857

Monday, 10/14/2013 10:03:06 AM

Monday, October 14, 2013 10:03:06 AM

Post# of 426692
Aegis is the most positive where Leerink and Jeffries are basically saying narrow vote approval which is likely down form a stronger approval chance before docs. So risk has gone up and WS is risk averse so regardless of positive analysts WS is reacting to the fear of the negative growing rather than the likely outcome, thus the reset of the stock price. It's all moot in 53 hours.

I would say some analysts has gone from 80% chance of approval to 60% so that's a major shift.

Pop open a cold one sit back and relax, if your set on your position nothing we can do now but wait until Wednesday at 5, none of the trading between now and then has any meaning, now it's solely risk on/risk off trading, longs out before Adcom, shorts out before Adcom, risk takers going on both sides etc...
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