Fortuno, Yup, I was thinking on why such a wild
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Posted On: 02/10/2020 11:05:30 AM
Fortuno,
Yup, I was thinking on why such a wild reaction.
It helps to remember that those who fueled our stock price from 12/18 onwards are mostly NEW investors that purchased at higher average prices and, maybe, not so acknowledgeable about the science (some of them jumped in due to technical reasons).
They will bail out quick no questions asked.
Add to his the amount of stock put for sale from warrant holders and the out of the blue "one more month" for BLA submission and, probably, this can explain the strong reaction.
I personally don't adhere to the "shorters" theory but don't have any facts to back this up, so, I respect the opinion of to those that think that this is the result of a well orchestrated short attack, not sharing it.
Yup, I was thinking on why such a wild reaction.
It helps to remember that those who fueled our stock price from 12/18 onwards are mostly NEW investors that purchased at higher average prices and, maybe, not so acknowledgeable about the science (some of them jumped in due to technical reasons).
They will bail out quick no questions asked.
Add to his the amount of stock put for sale from warrant holders and the out of the blue "one more month" for BLA submission and, probably, this can explain the strong reaction.
I personally don't adhere to the "shorters" theory but don't have any facts to back this up, so, I respect the opinion of to those that think that this is the result of a well orchestrated short attack, not sharing it.
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