Re: it's almost comical..... eom
"Think this way： when the price is at 25 and then comes down, those guys at $27 will sell..... after several rounds, the volume at 27 is almost gone, meaning resistance is gone too..."
I hope you are right, but I think this is more wishful thinking then based on reality (not that I don't like that type of thinking). As much as I would like to see EXEL blow through the high $20's to $30+ in short order, we seem to always have a battle at $25 and I don't think the stock has ever spent enough time at $27 to eliminate the overhang. We may get a hint by the end of next week if there is a sell-off after earnings. If there is no sell-off after earnings, we will need to track down that KA-BOOM guy and drag him back.