what an interesting but disappointing day, neu seemingly cant...

what an interesting but disappointing day, neu seemingly cant get a break and constantly gets crushed. Certainly momentum is down, neu and markets are jittery, bio's are unloved and any whiff of negativity is used to drive the price down. Especially amusing that this 8% drop today is seemingly based on vague comments by a ceo in a 8min chat outside the jpm convention. Do we even know what was presented in the 30min presentation? I'm eagerly awaiting for the recording to be posted on the acadia website. again neu underperforms acadia, down 8.3% vs 5.6%

Jon's talking tomorrow night, its his opportunity to have a say, be interesting to see if he attempts to address some of the pertinent questions that remain open. While I also am desperate for an update, realise his hands may be tied with what and how much he can say.

anyway I kept my powder dry today, indeed raised some cash, there is significant event risk tonight with US cpi coming out, could be a big move either way and neu could be a lot cheaper tomorrow if the us cpi gods (not to mention aus labour numbers) are against us.