Yup. The break past 7's was that 'gap and trap' IMO. They took it back down near the LOD heading into the close. I've learned this 'unfair game' quite well. A long position just ain't what it used to be. Shorts see gains like today as 'easy money' so why fight them?
Funny thing with these analysts...they always call a downgrade AFTER the stocks already tanked and call for an upgrade on news so they can get out of plays releasing filings like this one did. What exactly was in that filing that warranted an upgrade? Aren't those positing results Phase II results?
Either way...here's wishing the best for the longs and shorts alike!
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