MSB 3.83% $1.26 mesoblast limited

Ann: Mesoblast Phase 3 Chronic Low Back Pain Results, page-572

  1. 6,445 Posts.
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    For once, we are on the same page. I bought a lot yesterday because I think the sellers have been washed out over a long period with all the negativity and bad news. Even yesterday's news should have caused a drop (missed primary endpoint) but didn't.

    Again, I mention the large short positions. Their objective is to sell at lower prices but where is the event to trigger the lower prices now? I don't know how quick the move up will be but I don't want to miss it. I can't see how it will not happen. May need to test that 2.50 - 2.60 support again but once full confidence is there at that level, it has only one direction to go.
 
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