Watch LJPC - La Jolla Pharma

dreamsecurities · 08-10-2009, 11:37 PM

LJPC Apparently they are liquidating assets will this raise or lower the stock price? IF they make more liquidity doesn't this raise the stock price?

kabilius · 08-11-2009, 02:01 AM

I am not an expert at this, but if they are liquidating, that means they have trouble making sales, and it's probably not positive news for a stock.

they have been in the 1.5~1.7 range for quite a while, maybe a burst is due in the near future. Do some DD to see what their next move is after liquidation.

kab

08-10-2009, 11:37 PM	#1
dreamsecurities Junior Trader Join Date: Aug 2009 Location: Courtenay Posts: 1 Favorites: LJPC NRI.TO FAST Rep Power: 46 Reputation: 10	LJPC - La Jolla Pharma LJPC Apparently they are liquidating assets will this raise or lower the stock price? IF they make more liquidity doesn't this raise the stock price?
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08-11-2009, 02:01 AM	#2
kabilius VIP Trader Join Date: Jun 2009 Location: LA Posts: 157 Favorites: KERX, OREX, SUPG Rep Power: 86 Reputation: 786	I am not an expert at this, but if they are liquidating, that means they have trouble making sales, and it's probably not positive news for a stock. they have been in the 1.5~1.7 range for quite a while, maybe a burst is due in the near future. Do some DD to see what their next move is after liquidation. kab __________________ Rule #1 of a stock investor - Say no to greed Last edited by Miles; 08-11-2009 at 04:27 AM.. Reason: typo
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