Rexahn Pharmaceuticals, Inc. (REXN)

[Lone Wolf]

Nah...just shorts shirting. Not so unusual after an RS. That process continues until the markets find a current price they like. The volume and price-action of yesterday would seem to suggest it's here at $3ish.

In fact, $RNN was hitting 52-week highs at .70, then fell off the cliff after their RS announcement. So think about it...its trading at a pre-RS price of .31 only due to the event of the RS. That's a full 55% haircut because the float was made smaller!! lol. I'm a buyer. Let's see where it goes from here.