"Why do a short attack 10 minutes before the call?
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Posted On: 04/27/2020 12:58:59 PM
"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.
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My comments are just my opinions and should NOT be taken as investment advice.
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