by helios » Sat Jul 08, 2017 2:31 pm
Re. OCUL. I got caught in e warzone of shorts activists and unable to be out. Think by now the paperloss is USD $5k thereof discounting e fact of various swings at my first entry at 8-ish. Its historic lowest was 4.04 and when the Dextenza failed e PhIII trial was 6.30. premarket gap is now around 6-ish on Monday (by now, multiple lawsuits were filed on behalf of ocul). If you read the seekingalpha article published two days ago, the shorts activists seemed to have a fair point re. Manufacturing issue and e batches used in the CT. Consistency of manufactured batches were not there, producing in small amount and precipitation issues.
NOW the dilemma is if I should cut loss or join the shorts???
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.