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Re: ESPR followup ... Got any more like that on the burner, DE ?

By: monkeytrots in POPE IV | Recommend this post (0)
Tue, 25 Apr 17 10:24 AM | 118 view(s)
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Msg. 24596 of 47202
(This msg. is a reply to 24594 by Decomposed)

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Will keep an eye on it. Not finding WHY analysts think the price will go higher. Very high 75% institutional ownership says the price is controlled by the big players - ESPR is at 90%, which means it is probably out of steam for current time. Institutional money movements can put one in a world of hurt in a hurry.

Negative EPS for SRPT - but they are showing positive EBITDA numbers for first and second quarter. Big write down last year ?

This one might go a bit higher - a lot of folks pushing it - but the institutions are the ones calling the shots.

Looks like a lot of the recent price uptick is due to short positions being trimmed back during and since March. Nemo's source is showing only 58% institutional - Google is showing 75%.




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The above is a reply to the following message:
Re: ESPR followup ... Got any more like that on the burner, DE ?
By: Decomposed
in POPE IV
Tue, 25 Apr 17 9:05 AM
Msg. 24594 of 47202

There was a nice bump in Sarepta's volume today. I think it's about to pop (upward).

Does $40 within a week sound out of reach? Just watch... unless the Dow tumbles. 

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