Sep. 12 at 4:37 PM
$SLS A lot of you are VERY confused today. We've had drops before, but why is this one different? Why does this feel like doom?
Simple: Reality
Before yesterday, many have felt it. Many of you started to believe it. Many of you started to venture into the "could it be" territory.
And then it hit. Perfect storm. Market up,
$SLS tanking.
- CEO self-imposed Quiet Period feels like cowardness and hiding
- Models that so many relied on are now showing a coin toss
- Reality that the run up was tied to tutes capitalizing on a dead ticker
- Reality that Shorts remain strong and appear in more control
- Reality that the hype was from 10 ad hoc patients of an AML study
- Reality that the CEO has been suspect since jump street
-Reality that competitors
$MRK and
$BMY collaborated with
$SLS and walked before the collab was complete
- Reality
$SLS's team history is one of legal and regulatory concerns
- Reality that all the BS you thought Bears shared now makes complete sense.
$XBI