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S&P 500
5,447.87
(
-0.31%
)
US TECH 100
18,978.00
(
-1.19%
)
Dow Jones
39,411.21
(
0.67%
)
Brent Oil
85.15
(
-0.15%
)
Bitcoin
60,538.85
(
0.46%
)
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ilpapa

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ilpapa

Re: vidpok45 post# 38734

Wednesday, 11/13/2013 8:01:12 PM

Wednesday, November 13, 2013 8:01:12 PM

Post# of 80490
The stock tanked not because of the short sellers but simply because the drug turned out not to have the risk profile the market was counting on when the stock was at 20. It doesn't do any good to deny this and look to other fantasies to explain the current price.

Feuerstein was right - this drug has problems.

I am not a short. I am very long and have added to my position substantially since the crash, with a current average around 8.
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