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price action play      5-Nov-09 06:27 pm    
we might have another run up tomorrow.

given this is heavily shorted and those who short are swimming in pool of paper gain. It's time for some of them to take this position off. this could trigger a swift move combining with the fear of something good might be announced Monday.

i don't know what will happen Monday. I think Earning is always a non-event for biotech. people who bet on earning are not biotech investor. This earning call is important because we are waiting to hear what they plan to do next.. some with hope of hearing some good progress on discussion with FDA. we'll see.
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tonyforgoog


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  Subject Author Rating Time of Post (ET)  
 
price action play
tonyforgoog (1 Rating) 5-Nov-09 06:27 pm  
 
Agree we will see higher price because people will...
Lbenmohamed Rate it 6-Nov-09 02:36 am  
 
Yes, i think close will be aprox 5$.
templario_o... Rate it 6-Nov-09 06:50 am  
 
Didn't even make to $4.
jackamol200... Rate it 6-Nov-09 10:05 pm  
 
Earnings is not always a non event. This Compan...
siesta94 Rate it 6-Nov-09 09:06 am  
 
I got clobbered on this at a $7.70 avg price. Doe...
bigtexsun Rate it 6-Nov-09 09:27 am  
 
As expected, but that rise didn't last. Congrat...
tonyforgoog Rate it 6-Nov-09 06:29 pm  
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GTX Inc. (GTXI)

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