This is just like the old days when this baby was at 40 presplit. Plenty of shorts and longs to make for a grand ol'e party.
Here's a question for those who don't like VVUS:
Will MCA approval (if it comes) affect your opinion of the company?
What are the downside factors?
PFE (IMO already accounted for many times over)
Mngmt. (Did a pretty good job in one year obtaining rev's over $100mm.
This lawsuit (could be interesting, but Idoubt it)
The dildo (fun to play with, but will never replace the real thing)
In regards to PR and a buyback program. Sure, a report here or there is good for a stock jump, but that is about it. Ultimately, it is a show me market. Say all you want, how much are you selling, growing, etc.
In a year or two if this stock can get to above 30, that is a 150% + return. That ain't bad. So what if the stock jumps 2 points today and sits there. Ok, the traders will be happy, but you get too many of those guys and the stock bounces around like a superball. Slow and steady wins the race, or perhaps more fitting for this situation would be one step back, two steps foward, I hope.
My banana's for the little ape (sorry),
Colby |
