IMO, some of the selling is those taking profits b
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Posted On: 02/05/2020 5:14:07 PM
IMO, some of the selling is those taking profits before the news/investors call tomorrow, especially after the SP hit $1.65 today. This isn’t uncommon in the biotech world as traders move in, ride the SP increase, and sell before the news. I don’t believe them selling indicates that there will be bad news tomorrow as some traders make a few hundred or more and move on to the next stock.
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