'Stock will fall' if not at AAIC argument was shot to hell today. What will the hand-wringing fake longs come up with next?
It seems the share price has maintained its trading channel and tested the lows which have held up nicely. The late day action today was very decisive. A follow through with this and a close above $5.56 or so and we could see a rally to again test the top of the channel, all on NO NEWS.
The next PR should be a big one and not just some old news of the current trial but something really surprizing of a developmental nature.
Hold on indeed!
Thanks for the Tom Bishop, BI Research piece. It was a quick encapsulation
of what know already, but good to know that the smart investors of this board are not alone.
One can also verify that some of the 'Tutes holding this stock hold it for their own accounts. Morgan Stanley, Black Rock (although their larger position is in funds as is the Vanguard holding) Knowl, Park West and many others. One only needs to look at the Institutional ownership and note the many that do not market Mutual Funds and ETFs.
Thank you, Penny, for the many fine things you bring to the Board.
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