(Total Views: 564)
Posted On: 04/27/2020 12:58:59 PM
Post# of 149273
"Why do a short attack 10 minutes before the call?"
I suspect the short attack was planned for this morning so shorts could cover at a lower price before the BLA announcement during the cc, but now that they released the BLA news just prior to the opening bell, the shorts have been swimming against a rising tide all morning. This may be their last chance to cover if NP has more news, like funding, etc.
I suspect the short attack was planned for this morning so shorts could cover at a lower price before the BLA announcement during the cc, but now that they released the BLA news just prior to the opening bell, the shorts have been swimming against a rising tide all morning. This may be their last chance to cover if NP has more news, like funding, etc.
(0)
(0)
My comments are just my opinions and should NOT be taken as investment advice.
Scroll down for more posts ▼