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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (3016)	1/15/2014 12:37:32 PM
From: The Ox	Read Replies (2) of 8239

This market is funny, 3 weeks ago, CHTP was trading at $4.50 and there was doubt about FDA approval. Now, with the doubt basically eliminated, the stock is trading at $4.75. Yes, I know it's up over 100% in a day but.... The shorts sure love to hammer this stock! FWIW, I just bought a small slug for the long term portfolio....since our cost basis was down at $1.87 on this one. We can average up a bit more if it falls from here... EDIT - one last thought I intended to include was that today's reaction is probably more about the $5 options strike than anything else. Let's see if in the next week or 3 this one isn't significantly back above $5......and possibly it will reach above there today...

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