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Tuesday, 10/10/2017 12:38:27 PM

Tuesday, October 10, 2017 12:38:27 PM

Post# of 8022
So what happened?

Well, we have a stock that went from $2.60 to $6 in a very short period of time. It is not uncommon that when a small cap stock rises that quickly it is usually the subject of a short attack. What prevented the shorts from acting was the possibility (even though it was remote) that ixCell would get approved before going through Phase 3. That would have caused a huge increase in the price and acted as a deterrent for the longs. Once that possibility was removed, the shorts stepped in.

The ensuing drop really had nothing to do with the real value of VCEL shares, but rather just their using their power to take advantage of a situation, and if anything just gave those with powder the chance to pick up shares under $5 that will double or triple over the months to come.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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