Idera Pharmaceuticals Inc (IDRA)

[Randolph Duke]

There seemed to be a bunch of covering on 4.50 range today. Hopefully their clients covered and we can move on. Hard to believe about a week ago everyone wanted in here and willing to pay higher PPS and this week we dive on a speculation. All signs pointed to success until they planted a seed of doubt. Oh well. I added on 4.50 myself. Would like to see the PPS get some wind on the sails before they release.
BTW- any prediction on bad news from here? Is this correction the possible bad news price in?
Investors/traders on other boards are claiming back to 3.00 or maybe even 2.00's before a hard bounce.
GL