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Biotech / Medical : biotech firesales -- Ignore unavailable to you. Want to Upgrade?

To: tuck who wrote (3635)	1/16/2019 1:58:49 PM
From: Miljenko Zuanic	Respond to of 3661

Here is the report, if someone interested. I have no position, but was negatively effected when they unloaded VKTX holding! citronresearch.com

To: tuck who wrote (3635)	1/16/2019 2:11:20 PM
From: atticus4paws	Read Replies (1) \| Respond to of 3661

I just went back and read the news flow from late September to see what contributed to LGND's decline. I didn't see anything so just assume it was general biotech malaise. EPS is rocketing QoQ so that's not it. I have a feeling Citron is making its money right now and covering. Pretty low share count so it wouldn't take much to move it around, if Citron was able to scare a few people. I'm tempted to get some positive delta, but I don't like getting into unknown (to me) equities. Could go way OOTM on some short puts and probably be safe - short of LGND blowing up.