LadRx Corp (LADXD)

[KOmani]

It was a manufactured dip.

A lot of people have held their shares and were likely looking for a pop.

Shorts smothered it and longs bailed.

Shorts don't have to do a lot of selling. They just stuff the ask forcing people who want out to sell into the bid.

They don't have to hit the bid, longs will do it.

I am still of the opinion that someone maybe making an offer for the company sooner than later.

The company can do things such that it looks like they aren't interested in selling when the reality is different.